10.06.25

Fifth Third To Buy Comerica in the Year’s Biggest US Bank Deal

by: Yizhu Wang; Steve Dickson

Fifth Third Bancorp has agreed to acquire Comerica Inc. in an all-stock deal valued at approximately $10.9 billion, marking the largest U.S. bank merger of 2025. The transaction will create the nation’s ninth-largest bank with around $288 billion in assets. The move signals renewed momentum for bank consolidation amid President Donald Trump’s deregulation push, which has eased merger approvals. Fifth Third, based in Cincinnati, aims to expand its Southeast footprint through Comerica’s strong commercial banking base in Texas. CEO Tim Spence said the merger combines Comerica’s expertise with Fifth Third’s retail strength, enhancing scale and competitiveness.

Read the full article on Bloomberg