Federal Reserve signs off on Fifth Third’s bid to buy Comerica
Deal would create ninth-largest bank with $288 billion in assets
The Federal Reserve approved Fifth Third Bancorp’s acquisition of Comerica Inc., a key move from the regulator signing-off on one of the largest bank deals in 2025.
Fifth Third agreed last year to buy Comerica for about $10.9 billion in stock. The deal would create the ninth-largest bank in the US, with about $288 billion in assets, the two companies said in a statement at the time.
— By Megan Howard (Bloomberg)
