Workflow
Fifth Third Bancorp to buy Comerica for $10.9 billion in all-stock deal
CNBC·2025-10-06 18:46

Fifth Third Bancorp said Monday it will acquire fellow regional bank Comerica in an all-stock deal worth 10.9billion.Whenthedealcloses,whichbothbanksexpectwillhappenattheendofthefirstquarterof2026,itwillcreatetheninthlargestU.S.bankwithroughly10.9 billion.When the deal closes, which both banks expect will happen at the end of the first quarter of 2026, it will create the ninth-largest U.S. bank — with roughly 288 billion in assets. "This combination marks a pivotal moment for Fifth Third as we accelerate our strategy to build density in high-growth markets and deepen our commercial capabilities," Fifth Third CEO Tim Spence said in a release ...