Banks | Comenity Bank

Comenity Bank


Comenity Bank is an FDIC insured institution headquartered at 1 Righter Pkwy, Wilmington, DE 19803.
It was founded in 1989 and has approximately $8 billion in assets. Customers can open an account at one of its 1 branches.

Deposit Rates - December 21, 2024

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 27499
Date Established 1989
Assets $ 7.79 billion
Loans $ 5.91 billion
Deposits $ 3.53 billion
Capital $ 1,192.37 million

Summary Balance Sheet as of March 31, 2024

ASSETS
Cash & Balances due from depository institutions $ 1,186.63 million
Interest-bearing balances $ 1,040.29 million
Total securities $ 96.44 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 5.91 billion
Loan loss allowance $ 854.74 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 1.79 million
All other assets $ 1,075.81 million
     Total Assets $ 6.60 billion

LIABILITIES
Total deposits $ 3.53 billion
      Interest-bearing deposits $ 3.49 billion
      Deposits held in domestic offices $ 3.53 billion
      % insured (estimated) 99.23%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 3.64 billion
Subordinated debt N.A.
All other liabilities $ 329.80 millionn
      Total Liabilities $ 6.60 billion
      Shareholders’ Equity $ 1,192.37 million

Summary Income Statement as of March 31, 2024

INCOME AND EXPENSES
Total Interest Income $ 990.74 million
Total Interest Expense $ 181.12 million
Net interest income $ 809.62 million
Provision for loan and lease losses $ 209.19 million
Total non interest income $ 73.41 million
Total non interest expense $ 394.03 million
Pre-tax Net Operating Income $ 285.90 million

Customer Reviews for Comenity Bank (4)

Rated 1.00 stars out of 5 - based on 4 reviews

  • This bank sucks. I have 2 accounts, 1 closed 1 open. Make a payment to open account and they put it on closed account. Called 3 times to get it straight and they don't care. Just call me wanting money to again put on closed account. Can't move money to open account but will refund my money. Try to charge me a late fee and want more money. Not sending any more money or paying late fees until they get their heads on straight.

  • Same issue: customer service rep couldn’t answer nor resolve my issue and there’s never a manager available.

  • Cannot get a customer service representative that understands my situation or my questions.

  • Website does not answer my question as to community Banks in Florida

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Comenity Bank Locations

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