Stock
Comerica’s stock trades on the New York Stock Exchange (NYSE) under the symbol CMA.
Shareholder Assistance
Inquiries related to shareholder records, change of name, address or ownership of stock, and lost or stolen stock certificates should be directed to the transfer agent and registrar:
Written Requests:Wells Fargo Shareowner |
Certified/Overnight Mail:Wells Fargo Shareowner |
Elimination of Duplicate Materials
If you receive duplicate mailings at one address, you may have multiple shareholder accounts. You can consolidate your multiple accounts into a single, more convenient account by contacting the transfer agent shown above. In addition, if more than one member of your household is receiving shareholder materials, you can eliminate the duplicate mailings by contacting the transfer agent.
Dividend Reinvestment Plan
Comerica offers a dividend reinvestment plan, which permits participating shareholders of record to reinvest dividends in Comerica common stock without paying brokerage commissions or service charges. Participating shareholders also may invest up to $10,000 in additional funds each month for the purchase of additional shares. A brochure describing the plan in detail and an authorization form can be requested from the transfer agent shown above.
Dividend Direct Deposit
Common shareholders of Comerica may have their dividends deposited into their savings or checking account at any bank that is a member of the National Automated Clearing House (ACH) system. Information describing this service and an authorization form can be requested from the transfer agent shown above. Dividend Payments Subject to approval of the board of directors, dividends customarily are paid on Comerica’s common stock on or about January 1, April 1, July 1 and October 1.
Form 10-K
A copy of Comerica’s Annual Report on Form 10-K for the fiscal year ended December 31, 2007, as filed with the Securities and Exchange Commission, may be obtained without charge upon written request to the Secretary of the Corporation at the address listed on the back cover.
Officer Certifications
On June 8, 2007, Comerica’s Chief Executive Officer submitted his annual certification to the New York Stock Exchange stating that he was not aware of any violation by Comerica of the Exchange’s corporate governance listing standards. Comerica filed the certifications by its Chief Executive Officer and Chief Financial Officer required by Section 302 of the Sarbanes-Oxley Act of 2002 as exhibits to its Annual Report on Form 10-K for the fiscal year ended December 31, 2007.
Debt Ratings – Senior Unsecured Obligations (long-term)
| Comerica Inc. | Comerica Bank | |
| Standard and Poor’s | A | A+ |
| Moody’s Investors Service | A2 | A1 |
| Fitch Ratings | A+ | A+ |
| Dominion Bond Rating Service | A | A (high) |
Investor Relations on the Internet
Go to www.comerica.com to find the latest investor relations information about Comerica, including stock quotes, news releases and financial data.
Stock Prices, Dividends and Yields
| Quarter | High | Low | Dividends Per Share | Dividend Yield* |
2007 | ||||
| Fourth | $54.88 | $39.62 | $0.64 | 5.4% |
| Third | 61.34 | 50.26 | 0.64 | 4.6 |
| Second | 63.89 | 58.18 | 0.64 | 4.2 |
| First | 63.39 | 56.77 | 0.64 | 4.3 |
2006 | ||||
| Fourth | $59.72 | $55.82 | $0.59 | 4.1% |
| Third | 58.95 | 51.45 | 0.59 | 4.3 |
| Second | 60.10 | 50.12 | 0.59 | 4.3 |
| First | 58.62 | 54.23 | 0.59 | 4.2 |
| * Dividend yield is calculated by annualizing the quarterly dividend per share and dividing by an average of the high and low price in the quarter. | ||||
As of January 31, 2008, there were 13,525 holders of record of Comerica’s common stock.
Community Reinvestment Act (CRA) Performance
Comerica is committed to meeting the credit needs of the communities it serves. Comerica’s overall CRA rating is “Outstanding.”
Equal Employment Opportunity
Comerica is committed to its affirmative action program and practices, which ensure uniform treatment of employees without regard to race, creed, ethnicity, color, age, national origin, religion, handicap, marital status, sexual orientation, veteran status, weight, height or sex.
Corporate Ethics
The Corporate Governance section of Comerica’s website at www.comerica.com includes the following codes of ethics: Senior Financial Officer Code of Ethics, Code of Business Conduct and Ethics for Employees, and Code of Business Conduct and Ethics for Members of the Board of Directors. Comerica will also disclose in that website section any amendments or waivers to those codes of ethics, within four business days of such an event.