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Fifth Third to Buy Comerica: A Bold Bet on Scale & Diversification
ZACKS·2025-10-07 17:25

Key Takeaways Fifth Third will acquire Comerica in an all-stock deal worth 10.9billion,closinginearly2026.TheimpendingmergerexpandsFITBsfootprintto17ofthe20fastestgrowingU.S.markets.FITBtargets10.9 billion, closing in early 2026.The impending merger expands FITB's footprint to 17 of the 20 fastest-growing U.S. markets. FITB targets 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 ...