Curtis C. Farmer served as Chairman, President, and Chief Executive Officer of Comerica Incorporated and Comerica Bank from 2019 until the company’s acquisition by Fifth Third Bancorp in February 2026. A 40-year veteran of the financial services industry, Farmer led Comerica through periods of economic uncertainty while maintaining strong commercial banking relationships. Under his leadership, Comerica generated full-year 2024 net income of $698 million ($5.02 per share). Following the merger, Farmer now serves as Vice Chair of Fifth Third Bancorp, the ninth-largest bank in the United States with approximately $294 billion in total assets.

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Curt Farmer – Quick Facts

Comerica Competitors

Before the Fifth Third acquisition, Comerica competed with other major commercial and retail banking institutions across the United States. The key competitors of Comerica included:

• Bank of America – #1 competitor; nationwide commercial and retail banking
• U.S. Bancorp (U.S. Bank) – major regional and commercial banking rival
• Citigroup (Citi) – global financial services and commercial banking
• Wells Fargo – diversified banking and wealth management services
• Capital One Financial – consumer and commercial banking
• Huntington Bancshares – Midwest-focused regional banking competitor
• Truist Financial – major regional bank formed from BB&T-SunTrust merger
• PNC Financial Services – growing super-regional banking competitor

Curt Farmer Net Worth 2026 – Comerica CEO Salary

As of 2026, Curt Farmer’s net worth is estimated at approximately $20–30 million USD. This estimate factors in his Comerica stock holdings (over 75,273 shares worth approximately $5+ million at the time of the merger), his accumulated compensation over seven years as CEO, and the lucrative transition package tied to the Fifth Third Bancorp acquisition. Different financial tracking platforms provide varying estimates: Benzinga estimated approximately $24.9 million while other sources estimated between $5 million and $17.6 million based solely on disclosed stock holdings.

Comerica CEO Compensation Breakdown (2024)

Comerica CEO Email Address | Curt Farmer Contact

Below are the contact details and professional profiles for former Comerica CEO Curt Farmer:

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Comerica Net Worth 2026 – Is Comerica Profitable?

Comerica was a consistently profitable bank throughout Curt Farmer’s tenure as CEO. In its final full fiscal year before the merger, Comerica reported solid financial results. The company is no longer publicly traded following its acquisition by Fifth Third Bancorp.

Comerica Financial Summary (Final Year – 2024)

Career & Education – Company, University, & College

Curtis C. Farmer’s career in banking and financial services spans four decades, beginning at Wachovia Corporation in 1985. Below is his complete career timeline:

Curt Farmer Career Timeline

Curt Farmer began his banking career at Wachovia Corporation in 1985 in Winston-Salem, North Carolina, where he would spend the next 23 years. During this time, he held positions of increasing responsibility, including Senior Vice President and National Sales Manager for Wachovia Trust Company, SVP and Wealth Management Director in Philadelphia, and ultimately Executive Vice President and Wealth Management Director overseeing the Southeast Region (the Carolinas, Virginia, Georgia, and Texas).

In October 2008, amid the global financial crisis and just before Wachovia’s acquisition by Wells Fargo, Farmer joined Comerica as Executive Vice President of Wealth Management. He quickly rose through the ranks: named Vice Chairman of Comerica’s Retail Bank and Wealth Management divisions in 2011, then President of Comerica Incorporated and Comerica Bank in 2015. He succeeded Ralph W. Babb Jr. as Chief Executive Officer in April 2019 and assumed the additional title of Chairman on January 1, 2020.

Farmer also serves on the Board of Directors of Texas Instruments (since February 2023) and is Vice Chair of the Wake Forest University Board of Trustees and Co-Chair of the Presidential Search Committee. He has served on the boards of the Baylor Health Care System Foundation and Circle Ten Council (Boy Scouts of America).

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Education

Farmer is a proud “Double Deac,” having earned both his undergraduate degree and MBA from Wake Forest University in Winston-Salem, North Carolina. His daughter, Allison, also attended Wake Forest, making the family deeply connected to the university.

Curt Farmer Wiki – Age, Wife, Family, & More

Curtis C. Farmer (age 62 as of 2026) is a banking executive hailing from Winston-Salem, North Carolina. He graduated from Reynolds High School before attending Wake Forest University. Farmer is married, though he keeps details about his wife and family largely private. His mother, Janice, lives in Winston-Salem, and his daughter Allison is a graduate of Wake Forest University.

When he was relocating from Philadelphia to North Carolina for Wachovia, Farmer told his wife it would be the last time they were moving. However, circumstances changed during the 2008 financial crisis and Wachovia’s subsequent acquisition by Wells Fargo. When Comerica offered him the opportunity, Farmer was so impressed by the company and his role that the family decided to make one more move — this time to Dallas, Texas.

Farmer is guided by the advice his late father gave him: “If you prioritize your faith, family, and your work, your career will take care of itself.” He is recognized throughout the banking industry for his commitment to relationship banking, integrity, and community engagement.

Notable Achievements & Recognitions

• Junior Achievement Dallas Business Hall of Fame Laureate – Inducted for leadership and community contributions
• Wake Forest University Board of Trustees – Vice Chair and Co-Chair of the Presidential Search Committee
• Texas Instruments Board of Directors – Member since February 2023
• Bank Policy Institute Member – Active participant in national banking policy
• Baylor Health Care System Foundation – Board member
• Circle Ten Council (BSA) – Board member
• Dallas 500 – Named to D Magazine’s list of most influential business leaders in Dallas

About Comerica

Comerica Incorporated was a Dallas, Texas-based financial services company that offered retail banking, commercial banking, and wealth management solutions across multiple locations in the United States, Canada, and Mexico. Founded in 1849 as the Detroit Savings Fund Institute, the company was one of the oldest banking institutions in the U.S.

On October 6, 2025, Fifth Third Bancorp announced its agreement to acquire Comerica in an all-stock transaction valued at approximately $10.9 billion at announcement. Following regulatory and shareholder approvals, the deal closed on February 2, 2026 at a final valuation of $12.3 billion, creating the ninth-largest U.S. bank with $294 billion in total assets and a presence in 17 of the 20 fastest-growing large U.S. markets.

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Frequently Asked Questions (FAQ)

Article last updated:February 2026March 3, 2026