Major Rating Factors:
Excellent current capitalization (8.8 on a scale of 0 to 10) based on a risk-based capital ratio of 13.1 and a capital leverage ratio of 10.2. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.7 on a scale of 0 to 10).
Other Rating Factors:
A current level of 3.6 percent of nonperforming loans to core capital combined with 3.6 percent from a year earlier contributes to the Excellent asset quality (7.4). Fair liquidity 3.0, driven by a liquidity ratio of 18.4 percent and a “hot money” ratio of 4.1 percent.
Asset Mix:
Comm loans (31%), securities (20%), comm re (14%), cash (6%), home mtgs (3%), home eq lns (2%), consumer loans (1%), other (23%)
States with Branches:
AZ, CA, FL, MI, TX
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Comerica Incorporated
Investment Rating
Address
1717 Main Street
Dallas, TX 75201
Dallas, TX 75201
Phone Number
(214) 462-4000
Year Founded
1849
FDIC Number
Website
Largest Affiliates
Ann Arbor, MI
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Bank
