Comerica Incorporated is a financial services company.
The company was founded by Elon Farnsworth in 1849 as Detroit Savings Fund Institute, changing its name to Detroit Savings Bank in 1971 and The Detroit Bank in 1936.
In 1956 Detroit Bank merged with Birmingham National Bank, Ferndale National Bank, and Detroit Wabeek Bank and Trust Company to form The Detroit Bank & Trust Company.
The company changed its name to Comerica Incorporated in 1982.
Today Comerica Incorporated is the holding company for Comerica Bank, which has 480 branches in a dozen states in the United States. The bank has a total of $65 billion in total assets.
Comerica trades publicly on the New York Stock Exchange under the ticker symbol CMA, is a member of the S&P 500, is #810 in the Fortune 1000, has 8,564 employees, and had $2.44 billion in revenue in 2013.