Comerica Bank Names Troy Norris Arizona Market President

Rhea-AI Summary

Comerica Bank has appointed Troy Norris as its new Arizona Market President and Group Manager for Business Banking and Middle Market. In his dual role, Norris will oversee business and community development efforts while managing Middle Market & Business Banking relationship teams across Arizona.

Norris brings over 25 years of experience in banking, most recently serving as Director of Commercial and Industrial Lending at Arizona Bank & Trust for 17 years. His expertise includes managing commercial leaders and overseeing clients with revenues between $25 million-$200 million in the Greater Phoenix Metro area.

A U.S. Air Force veteran with a finance degree from the University of Nebraska, Norris is actively involved in community service through organizations like Chandler Compadres and Boys & Girls Clubs of the Valley.

Positive

• Strategic hire with 25+ years of banking experience in the Arizona market
• Expertise in managing clients with revenues of $25M-$200M
• Strong local market connections and community involvement

Negative

• None.

News Market Reaction – CMA

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-0.15% News Effect

On the day this news was published, CMA declined 0.15%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

PHOENIX, Feb. 18, 2025 /PRNewswire/ -- Comerica Bank announced today Troy Norris has been named its Arizona Market President. Norris will also serve as the Group Manager for Business Banking and Middle Market in the region.

As Market President, Norris will manage business and community development efforts, including acquiring and strengthening relationships in Arizona. He will also oversee the Middle Market & Business Banking relationship teams across this geographical footprint. 

"Troy's extensive connections and proven leadership in the Phoenix metro area will play a vital role in collaborating with local businesses, community leaders and stakeholders to drive economic growth while strengthening the bank's reputation in the market," said David Milton, Comerica's Dallas Market President / Director, Middle Market and Business Banking for Arizona, Colorado and North Texas. "His expertise will be an invaluable asset to our Arizona team."

Norris, who will report to Milton in his new role, brings more than 25 years of experience to Comerica, first in underwriting, then later as a relationship manager. Most recently, Norris served as Director of Commercial and Industrial Lending at Arizona Bank & Trust for the past 17 years. In that role, he managed commercial leaders, bankers and treasury management, overseeing a diverse variety of clients within the Greater Phoenix Metro area with revenues ranging from $25 million-$200 million. 

Norris is actively involved in the community, currently serving as a member of the Chandler Compadres, a nonprofit organization that raises money to help children and families in need. He also volunteers and supports the Boys & Girls Clubs of the Valley, ICAN Positive Programs for Youth, AZCEND, the Chandler Education Foundation and several other charitable causes in Maricopa County.

A United States Air Force veteran, Norris earned his bachelor's degree in finance from the University of Nebraska. Norris also is an alumnus of the Graduate School of Banking at Boulder (Colo.).

About Comerica Bank
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Commercial Bank, The Retail Bank and Wealth Management. Comerica, one of the 25 largest commercial U.S. financial holding companies, focuses on building relationships and helping people and businesses be successful. Comerica provides 380 banking centers across the country with locations in Arizona, California, Florida, Michigan and Texas. Founded on Aug. 17, 1849, in Detroit, Michigan, Comerica continues to expand into new regions, including its Southeast Market, based in North Carolina, and Mountain West Market in Colorado. Comerica has offices in 17 states and services 14 of the 15 largest U.S. metropolitan areas, as well as Canada and Mexico. Comerica reported total assets of $79.3 billion at Dec. 31, 2024. Learn more about how Comerica is raising expectations of what a bank can be by visiting www.comerica.com, and follow us on Facebook, X, Instagram and LinkedIn.

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SOURCE Comerica Bank

FAQ

What is Troy Norris's new role at Comerica Bank (CMA)?

Troy Norris has been appointed as Comerica Bank's Arizona Market President and Group Manager for Business Banking and Middle Market.

What experience does Troy Norris bring to Comerica Bank (CMA)?

Troy Norris brings over 25 years of banking experience, including 17 years as Director of Commercial and Industrial Lending at Arizona Bank & Trust.

What client segment will Troy Norris manage at Comerica Bank (CMA)?

Norris will manage clients in the Greater Phoenix Metro area with revenues ranging from $25 million to $200 million.

How will Troy Norris's appointment impact Comerica's (CMA) Arizona operations?

Norris will manage business and community development efforts, strengthen local relationships, and oversee Middle Market & Business Banking relationship teams across Arizona.