Comerica Shareholders Approve $10.9 Billion Sale to Fifth Third Bancorp

Comerica shareholders overwhelmingly approved a $10.9 billion sale to Fifth Third Bancorp, with 97% voting in favor. The deal, expected to close in Q1 2026, will create the ninth-largest U.S. bank.

Insights:
In a decisive move that underscores the shifting landscape of regional banking, Comerica Incorporated shareholders voted overwhelmingly in favor of a $10.9 billion all-stock sale to Fifth Third Bancorp . At a special meeting held on January 6, 2026, 97% of Comerica's shareholders approved the transaction, setting the stage for the creation of the ninth-largest bank in the United States with combined assets of $290 billion.
The Fifth Third Bank logo is depicted in this illustration taken on April 23, 2024. REUTERS/Dado Ruvic/Illustration
The Fifth Third Bank logo is depicted in this illustration taken on April 23, 2024. REUTERS/Dado Ruvic/Illustration

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