Comerica (CMA) Investor Presentation summary

Strategic positioning and customer focus

• Offers tailored solutions and localized advice, combining small bank service with large bank capabilities to meet diverse customer needs.

• Engages deeply with communities and emphasizes industry expertise across core and specialized verticals.

Business model and geographic footprint

• Operates a diversified model with Commercial, Retail, and Wealth Management divisions, each contributing to loan and deposit growth.

• Maintains a strong presence in high-growth urban markets, especially Texas, California, and Michigan, with additional reach in the Southeast, Mountain West, and internationally.

2024 performance highlights

• CET1 capital ratio increased to 11.89%, well above target, and book value per share grew year-over-year.

• Net charge-offs remained historically low at 0.04%, and share repurchases resumed in Q4.

• Investments in talent, technology, and risk management advanced strategic priorities.