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Comerica Bank 5.332% 25-AUG-2033

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Overview
Analysis

Key terms


Outstanding amount
‪500.00 M‬USD
Face value
1,000.00USD
Minimum denomination
250,000.00USD
Coupon
5.33% (Variable)
Coupon frequency
Semi-annual
Yield to maturity
6.06%
Maturity date
Aug 25, 2033
Term to maturity
8 years

About Comerica Bank 5.332% 25-AUG-2033


Issuer
Comerica Bank (Dallas, Texas)
Sector
Finance
Industry
Regional Banks
Home page
Issue date
Aug 25, 2022
FIGI
BBG0198ZKQJ3
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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