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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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)

Name and Address of Reporting
Person* (Last, First, Middle)

Issuer Name and Ticker or
Trading Symbol

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

Elenbaas, Marvin J.

Comerica Incorporated (CMA)

Comerica Incorporated
500 Woodward Avenue
MC 3415

Statement for (Month/Day/Year)

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

April 17, 2003

(Street)

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

Individual or Joint/Group Filing
(Check Applicable Line)

Detroit, MI 48275

(City) (State) (Zip)

Director

10% Owner

Form filed by One Reporting Person

Officer (give title below)

Form filed by More than One Reporting Person

Other (specify below)

Senior Vice President & Chief Accounting Officer

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).

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

Title of Security
(Instr. 3)

Transaction Date
(Month/Day/Year)

2a.

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

Transaction Code
(Instr. 8)

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

Amount of Securities
Beneficially Owned
Following Reported
Transactions(s)
(Instr. 3 and 4)

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

Nature of
Indirect
Beneficial
Ownership
(Instr. 4)

Code

Amount

(A)
or
(D)

Price

Common Stock

18,279 (1)

Common Stock

1,660 (2)

by 401(k) plan

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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)			$18.00

	Employee Stock Option (Right to Buy)			$18.59

	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

	Employee Stock Option (Right to Buy)			$40.32		4/17/2003				A			1,900

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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

	(3)	4/19/2004		Common Stock	2,700					2,700		D

	(4)	4/18/2005		Common Stock	3,600					3,600		D

	(5)	4/14/2006		Common Stock	3,450					3,450		D

	(6)	4/20/2007		Common Stock	3,600					3,600		D

	(7)	3/20/2008		Common Stock	5,500					5,500		D

	(8)	3/19/2009		Common Stock	5,950					5,950		D

	(9)	3/17/2010		Common Stock	5,950					5,950		D

	(10)	4/30/2011		Common Stock	5,324					5,324		D

	(11)	4/17/2012		Common Stock	6,400					6,400		D

	(12)	4/17/2013		Common Stock	1,900					1,900		D

Explanation of Responses:

(1) This number includes shares purchased under the CMA dividend reinvestment plan and shares acquired through employee stock plans as of March 26, 2003.

(2) As of March 26, 2003.

(3) The option vests in four equal annual installments beginning on January 20, 1995.

(4) The option vests in four equal annual installments beginning on January 19, 1996.

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

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

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

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

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

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

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

(12) The option vests in four equal annual installments beginning on January 27, 2004.

Carol H. Rodriguez, on behalf of Marvin J. Elenbaas		4/18/2003
**Signature of Reporting Person		Date

**		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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ELENBAAS MARVIN J 4