The Board of Directors of Comerica Incorporated (CMA) has declared a quarterly cash dividend for common stock of 71 cents ($0.71) per share. The dividend is payable on July 1, 2024, to shareholders of record at the close of business on June 14, 2024.
This year, Comerica Bank celebrates its 175th anniversary. A subsidiary of Comerica Incorporated (CMA), Comerica Bank is a financial services company headquartered in Dallas, Texas, and is strategically aligned by three business segments: The Commercial Bank, The Retail Bank, and Wealth Management.
Comerica, one of the 25 largest commercial U.S. financial holding companies, focuses on building relationships and helping people and businesses be successful, providing more than 400 banking centers across the country with locations in Arizona, California, Florida, Michigan, and Texas.
Founded on Aug. 17, 1849, in Detroit, Michigan, Comerica continues to expand into new regions, most recently in the Southeast, including North Carolina, and Mountain West Market in Colorado. Comerica has offices in 17 states and services 14 of the 15 largest U.S. metropolitan areas, as well as Canada and Mexico.
Comerica reported total assets of $79.4 billion at March 31, 2024.