Company Profile For Comerica Incorporated

Comerica Incorporated (Comerica) is a financial services company. Comerica operates through three business segments: Business Bank, Retail Bank, and Wealth & Institutional Management. In addition to the three lines of business, Comerica also operates through a Finance Division. The Business Bank segment primarily consists of middle market, commercial real estate, national dealer services, international finance, global corporate, leasing, financial services, and technology and life sciences. The Retail Bank segment includes small business banking and personal financial services, consisting of consumer lending, consumer deposit gathering and mortgage loan origination. The Wealth & Institutional Management segment offers products and services consisting of fiduciary services, private banking, retirement services, investment management and advisory services, investment banking and discount securities brokerage services.

BRIEF: For the nine months ended 30 September 2009, Comerica Incorporated's interest income decreased 30% to $1.63B. Net interest income after LLP decreased 61% to $345M. Net loss from cont. ops. applic. to Common totaled $56M vs. an income of $193M. Net interest income reflects lower interest & fees on loans and an increase in provision for loan losses. Net loss reflects higher FDIC insurance expenses and an increase in net occupancy expenses.