Fifth Third to Buy Comerica: A Bold Bet on Scale & Diversification
Key Takeaways Fifth Third will acquire Comerica in an all-stock deal worth 850M in annual cost synergies and expects the deal to lift EPS 9% by 2027. In one of the most consequential banking moves of 2025, Fifth Third Bancorp ((FITB) entered a definitive merger agreement to acquire Comerica Incorporated ((CMA) in an all-stock transaction valued at $10.9 billion. The ...