Fifth Third and Comerica Announce Receipt of All Material Approvals to Combine

Core Viewpoint - The merger between Fifth Third Bancorp and Comerica Incorporated has received all necessary regulatory and shareholder approvals, with the transaction expected to close on February 1, 2026, creating the ninth largest U.S. bank with $290 billion in assets [1][2]. Group 1: Merger Details - The merger will combine Fifth Third and Comerica, resulting in a stronger, more diversified bank with a significant presence in key U.S. markets, including the Midwest, Southeast, Texas, and California [2]. - Integration teams are actively working to ensure a smooth transition for employees and customers, with full system and brand conversions anticipated later this year [3]. - The combined entity will leverage its expanded footprint and complementary strengths to deliver exceptional value to customers, with expected annual revenue synergies exceeding $500 million [4]. Group 2: Company Backgrounds - Fifth Third Bancorp has a long history of innovation in financial services, having been established in 1858, and is recognized for its ethical practices [5]. - Comerica, founded in 1849, operates across 15 states and focuses on building relationships through its Commercial Bank, Retail Bank, and Wealth Management segments, reporting total assets of $77.4 billion as of September 30, 2025 [7].