Comerica Bank Contributes $150,000 in October to Fuel Women's Small Business Growth
Rhea-AI Summary
Comerica Bank (NYSE:CMA) announced a $150,000 contribution to support women-owned small businesses during National Women's Small Business Month, bringing their total 2025 support for women entrepreneurs to over $300,000.
According to the bank's Small Business Pulse Index™, which surveyed 444 female business owners: 81% are confident about their business future, 46% currently use AI tools, and 23% cite inflation as their primary concern. The survey reveals that 74% of female business owners invest up to 5% of their annual budget in AI technologies.
This initiative follows Comerica's $250,000 contribution during Small Business Week in May 2025, demonstrating their continued commitment to supporting entrepreneurial development and small business growth across their markets.
Positive
- Committed $150,000 to support women entrepreneurs, totaling over $300,000 in 2025
- 81% of surveyed female business owners express confidence in their business future
- High AI adoption rate with 46% currently using AI tools and 30% planning to adopt within 12 months
Negative
- 23% of female business owners cite inflation as their primary concern
- Cash flow challenges reported as a significant concern by surveyed business owners
News Market Reaction – CMA
On the day this news was published, CMA gained 0.83%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Community organizations supporting female entrepreneurs across Comerica's geographical footprint will receive donations during National Women's Small Business Month
Additionally, Comerica will host a variety of local events across its markets to engage with female entrepreneurs in honor of Women's Small Business Month.
"Women-owned small businesses play a vital role in our economy, and it is a privilege and a continued promise to support them in our local communities every day," said Wendy Bridges, Comerica Bank Executive Vice President and Executive Director of Corporate Affairs. "Community organizations are powerful resources for spurring women's small business growth because they recognize the opportunities to make a real impact on their future."
Exploring the state of women-owned small businesses
Today, there are more than 12 million women-owned small businesses nationwide. According to the first edition of the Comerica Small Business Pulse Index™, female business owners report a high level of confidence in the future success of their business and a moderate degree of optimism in the market conditions.
The national survey of 1,010 small business owners, conducted August 1-13, 2025, delves into small businesses' confidence level, market outlook, AI adoption and more. Key insights from the 444 female small business owners who participated in the Index include:
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Confidence Remains Strong:
81% of female small business owners say they are somewhat or very confident about the future success of their business. -
Inflation Tops the List of Concerns:
23% of female small business owners report inflation is their number one issue of concern – the same level as the all-business owner average – followed by tariffs and cash flow challenges. -
AI Adoption Is Accelerating:
46% of surveyed female owners report using AI tools today, with another30% reporting they plan to adopt AI within the next 12 months. -
Investing in AI:
74% of female business owners report spending up to5% of their annual budget on AI tools, technologies and platforms. -
AI Job Displacement: Only
36% of all female business owners surveyed predict AI will replace jobs in their industry in the next 5 years. This is identical to the all-business owner level of sentiment. -
Government Oversight of AI:
53% of female business owners surveyed support stricter government regulations on AI for business use. This is marginally lower than57% of male owners who believe the same.
"The vast majority of women small business owners surveyed expressed a confident business outlook," said Larry Franco, Comerica Bank Executive Vice President and National Director of Retail & Small Business Banking. "This survey gives us a valuable glimpse into the state of women's small businesses today."
Swinging big for small businesses in 2025
Comerica's contributions for Women's Small Business Month quickly follow its week-long Small Business Week celebrations in May featuring customer and community-focused activities. The bank contributed
Comerica has prioritized bolstering its commitment to small businesses and entrepreneurs as well as supporting small business growth in the communities it serves over the past few years. By establishing dedicated small business banking teams across its markets and creating several innovative initiatives and services, Comerica aims to simultaneously elevate customer experiences and positively impact the community.
"From contributions to community organizations to creating unique resources and solutions for small business customers, we're committed to going above and beyond to provide real value to entrepreneurs and small business owners across our footprint," said Jim Weber, Comerica Bank Executive Vice President and Chief Experience Officer.
About the Survey
The Comerica Small Business Pulse Index™ surveyed 1,010 small business owners across the
About Comerica Bank
Comerica Bank is a subsidiary of Comerica Incorporated (NYSE: CMA), which is a financial services company headquartered in
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SOURCE Comerica Bank