
Fifth Third announces $10.9B acquisition of Comerica, forming ninth-largest U.S. bank
Fifth Third’s $10.9 billion all-stock acquisition of Comerica marks one of the largest U.S. bank mergers in recent years, creating the nation’s ninth-largest lender with $288 billion in total assets. The deal underscores a wave of consolidation among regional banks, fueled by a favorable regulatory climate and strong stock valuations. By expanding into 17 of the 20 fastest-growing U.S. markets, the combined bank aims to enhance its commercial and wealth management capabilities while positioning itself for long-term growth in a reshaped banking landscape.
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