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International Business Times UK
International Business Times UK
Bernadette B. Tixon

Fifth Third Bank Buys Comerica: What the $10.9 Billion Deal Really Means for US Banking and Your Money

Fifth Third Bank building (Credit: Pexels)

The map of America's regional banking sector is being redrawn. In a landmark, all-stock transaction valued at $10.9 billion, Fifth Third Bancorp has officially agreed to acquire Comerica Inc. The deal, announced on 6 October 2025, is more than a simple merger; it is a strategic push for scale that will combine complementary strengths and geographic reach, creating what is expected to become the ninth-largest bank in the U.S. by assets.

Deal Structure and Shareholder Terms

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