The map of America's regional banking sector is being redrawn. In a landmark, all-stock transaction valued at $10.9 billion, Fifth Third Bancorp has officially agreed to acquire Comerica Inc. The deal, announced on 6 October 2025, is more than a simple merger; it is a strategic push for scale that will combine complementary strengths and geographic reach, creating what is expected to become the ninth-largest bank in the U.S. by assets.Deal Structure and Shareholder TermsUnder the terms of the agreement, Com ...

Luke Sharrett / Bloomberg via Getty Images First Third shareholders will control about 73% of the combined company once Fifth Third buys Comerica Key Takeaways Fifth Third Bancorp will buy Comerica for $10.9 billion in an all-stock transaction. Comerica shareholders will receive an equivalent of $82.88 for every share they own, a 17.5% premium to Friday's closing price. The purchase is part of Fifth Third's strategy to expand into key markets and boost its commercial business. Comerica (CMA) shares ...