Fifth Third Bancorp to Acquire Comerica in $10.9 Billion All-Stock Deal, Forming Ninth-Largest US Bank
Fifth Third Bancorp to Acquire Comerica in $10.9 Billion All-Stock Deal, Forming Ninth-Largest US Bank Fifth Third Bancorp announced today an agreement to acquire fellow regional bank Comerica in a significant $10.9 billion all-stock transaction. This merger is set to create the ninth-largest U.S. bank by assets, boasting approximately $288 billion. Both financial institutions anticipate the deal will finalize by the end of the first quarter of 2026. Following the announcement, Comerica shares experienced an immediate surge, rallying 11.5% in…