Fifth Third Bancorp enters $10.9bn deal to acquire Comerica
Fifth Third Bancorp has signed a definitive agreement to acquire Comerica in an all-stock transaction valued at $10.9bn. The deal will create the ninth largest bank in the US with approximately $288bn in assets. Under the terms, Comerica stockholders will receive 1.8663 Fifth Third shares for each share they hold, representing $82.88 per share based on Fifth Third's closing stock price on 3 October 2025 and a 20% premium to ten-day volume-weighted average stock price of Comerica. Post-merger, Fifth Thi ...