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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 4

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935
or Section 30(h) of the Investment Company Act of 1940

o	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1.

Name and Address of Reporting Person*

2.

Issuer Name and Ticker or Trading Symbol

3.

I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)

Beran John R. (Last) (First) (Middle)

Comerica Incorporated (CMA)

Comerica Incorporated 500 Woodward Avenue (Street)

4.

Statement for Month/Day/Year

5.

If Amendment, Date of Original (Month/Day/Year)

March 14, 2003

6.

Relationship of Reporting Person(s) to Issuer (Check All Applicable)

7.

Individual or Joint/Group Filing (Check Applicable Line)

Detroit MI 48275-3366 (City)        (State)        (Zip)

o

Director

o

10% Owner

x

Form Filed by One Reporting Person

x

Officer (give title below)

o

Form Filed by More than One Reporting Person

o

Other (specify below)

Executive Vice President

Reminder:		Report on a separate line for each class of securities beneficially owned directly or indirectly.
*		If the form is filed by more than one reporting person, see instruction 4(b)(v).

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Table I — Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.

Title of Security (Instr. 3)

2.

Transaction Date (Month/Day/Year)

2A.

Deemed Execution Date, if any (Month/Day/Year)

3.

Transaction Code (Instr. 8)

4.

Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)

5.

Amount of Sec- urities Beneficially Owned Following Reported Trans- action(s) (Instr. 3 and 4)

6.

Ownership Form: Direct (D) or Indirect (I) (Instr. 4)

7.

Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

Amount

(A) or (D)

Price

Common Stock

3/14/03

A

6,000 (A)

A

41,179 (1)

D

Common Stock

836 (2)

I

401(k) Plan

Page 2

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Table II — Derivative Securities Acquired, Disposed of, or Beneficially Owned   (e.g., puts, calls, warrants, options, convertible securities)

1.

Title of Derivative Security (Instr. 3)

2.

Conversion or Exercise Price of Derivative Security

3.

Transaction Date (Month/Day/Year)

3A.

Deemed Execution Date, if any (Month/Day/Year)

4.

Transaction Code (Instr. 8)

5.

Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)

Code

V

(A)

(D)

Employee Stock Option (Right to Buy)

$18.75

Employee Stock Option (Right to Buy)

$25.42

Employee Stock Option (Right to Buy)

$40.25

Employee Stock Option (Right to Buy)

$71.58

Employee Stock Option (Right to Buy)

$66.81

Employee Stock Option (Right to Buy)

$41.50

Employee Stock Option (Right to Buy)

$51.43

Employee Stock Option (Right to Buy)

$63.20

Page 3

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Table II — Derivative Securities Acquired, Disposed of, or Beneficially Owned — Continued (e.g., puts, calls, warrants, options, convertible securities)
6.	Date Exercisable and Expiration Date (Month/Day/Year)		7.	Title and Amount of Underlying Securities (Instr. 3 and 4)		8.	Price of Derivative Security (Instr. 5)			9.	Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)			10.	Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11.	Nature of Indirect Beneficial Ownership (Instr. 4)
	Date Exercisable	Expiration Date		Title	Amount or Number of Shares
	4/30/1999	6/01/2005		Common Stock	3,750							2,000			D
	(3)	4/14/2006		Common Stock	15,000							15,000			D
	(4)	4/20/2007		Common Stock	16,500							16,500			D
	(5)	3/20/2008		Common Stock	15,000							15,000			D
	(6)	3/19/2009		Common Stock	20,000							20,000			D
	(7)	3/17/2010		Common Stock	17,400							17,400			D
	(8)	4/30/2011		Common Stock	15,800							15,800			D
	(9)	4/17/2012		Common Stock	26,000							26,000			D

Explanation of Responses:

(A) Shares acquired under the Company’s long term incentive plan. Shares will vest on March 14, 2008.

(1) This number includes shares purchased under the CMA dividend reinvestment plan and shares acquired through employee stock plans as of December 31, 2002.

(2) As of December 31, 2002.

(3) The option vests in four equal annual installments beginning on January 17, 1997.

(4) The option vests in four equal annual installments beginning on January 20, 1998.

(5) The option vests in four equal annual installments beginning on January 15, 1999.

(6) The option vests in four equal annual installments beginning on January 14, 2000.

(7) The option vests in four equal annual installments beginning on January 19, 2001.

(8) The option vests in four equal annual installments beginning on January 22, 2002.

(9) The option vests in four equal annual installments beginning on January 21, 2003.

/s/ Carol H. Rodriguez		March 17, 2003
**Signature of Reporting Person Carol H. Rodriguez, on behalf of John R. Beran		Date

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**		Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:		File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

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