CCC

Comerica Bank 5.332% 25-AUG-2033

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Overview
Analysis

CMA5464725 analysis



Key facts


Issuer
Comerica Bank (Dallas, Texas)
Issue date
Aug 25, 2022
Maturity date
Aug 25, 2033
Outstanding amount
‪500.00 M‬USD
Face value
1,000.00USD
Minimum denomination
250,000.00USD
Coupon
5.33% (Variable)
Yield to maturity
6.18%
Part of Comerica, Inc., Comerica Bank is a financial services company based in Dallas, TX. Comerica Bank is strategically aligned by three business segments: the commercial bank, the retail bank, and wealth management. The company focuses on building relationships and helping people and businesses be successful. Comerica Bank has over 400 banking centers across the country, with locations in several states, including Texas, California, and Michigan. The company reported total assets of $88.40 billion as of June 30, 2021. The company was founded by Marc J. Verissimo and has been led by CEO Curtis Chatman Farmer since 2008.
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