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Another bank tried to buy Comerica before Fifth Third deal
American Banker·2025-11-06 08:47

Key insight: An unnamed bank tried to buy Comerica in September, weeks before the bank's board decided that Fifth Third would be the ideal acquirer, according to a new regulatory filing.What's at stake: At nearly 11billion,theFifthThirdComericadealisthelargestof2025.Forwardlook:ComericaCEOCurtisFarmerwillreceive11 billion, the Fifth Third-Comerica deal is the largest of 2025.Forward look: Comerica CEO Curtis Farmer will receive 8.75 million per year as Fifth Third's vice chair, after which he will maintain the same compensation in his role as senior advisor.Once Comerica decided to sell itself to anothe ...