Back to News
Oct 6, 2025 8:00 AM

Fifth Third, Comerica Combine To Form Ninth-Largest US Bank

Comerica Incorporated (NYSE:CMA) shares are trading higher premarket on Monday after Fifth Third Bancorp (NASDAQ:FITB) agreed to merge with the company in an all-stock deal valued at $10.9 billion.

As per the terms, Comerica shareholders will receive 1.8663 Fifth Third shares for each Comerica share.

The offer price is equivalent to $82.88 per share based on Fifth Third’s October 3, 2025, closing price and represents a 20% premium to Comerica’s 10-day volume-weighted average.

The combined entity will operate in 17 of the 20 fastest-growing U.S. markets, including major areas in the Southeast, Texas, and California, while reinforcing ...