Comerica Achieves “Outstanding” CRA Rating with $1.8B Mortgages, $2.8B Business Loans
Comerica Bank received an “Outstanding” rating in the Federal Reserve Board’s 2025 CRA evaluation after closing 7,200 mortgage loans worth $1.8B and 11,500 small business loans totaling $2.8B in its assessment areas. It also originated 800 community development loans of $3.7B and contributed $10.9M in donations plus over $250M investments.
1. Federal Reserve Board Grants Comerica an Outstanding CRA Rating
Comerica Bank received an “Outstanding” overall rating in its 2025 Community Reinvestment Act Performance Evaluation by the Federal Reserve Board, reflecting its performance on lending, investments and services from July 1, 2023, through March 31, 2025. Key achievements include 7,200 mortgage loans totaling $1.8 billion and 11,500 small business loans totaling $2.8 billion originated within Comerica’s assessment areas, alongside 800 community development loans amounting to $3.7 billion, of which 84% by count were dedicated to economic development. The bank also recorded 1,000 community development donations of $10.9 million and investments exceeding $250 million, while employees contributed 19,000 hours of financial education and technical support to low- and moderate-income individuals. Since opening Comerica BusinessHQ in Dallas in early 2023, the facility has served more than 4,387 members with no-cost coworking space and business incubation resources.
2. Q4 Earnings Exceed Estimates on Net Interest Income and Fee Growth
In its fourth-quarter results, Comerica topped consensus earnings estimates, driven by growth in net interest income and fee income despite declines in loan balances and higher operating expenses. Net interest income increased by 7% year-over-year, reflecting improved loan yields and deposit mix optimization. Non-interest income rose by 5%, led by service charges and wealth management fees, offsetting a 3% decrease in total loans outstanding. Operating expenses grew by 4%, primarily due to strategic investments in digital platforms and staff expansion. As of December 31, 2025, Comerica reported total assets of $80.1 billion, and remains focused on balancing revenue diversification with disciplined expense management to support long-term shareholder returns.