Fifth Third Bancorp Maps Comerica Integration, Targets $850M Cost Synergies and Texas Expansion

Leonard said Fifth Third has already made “substantial progress” on data mapping, technology alignment, and operational readiness. Compared with both the MB integration and Fifth Third’s initial targets for Comerica, he said the bank is “meaningfully further ahead,” enabling it to accelerate customer conversion to Labor Day rather than mid-October. He said the earlier conversion is intended to provide a cleaner view of financial performance in the fourth quarter of 2026, and that performance is expected to ...