Fifth Third Bancorp Acquires Comerica for $10.9 Billion
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Fifth Third Bancorp is acquiring Comerica for $10.9 billion in an all-stock deal, expected to close in Q1 2026. The merger will establish the ninth-largest U.S. bank with approximately $288 billion in assets. Both CEOs expressed optimism about enhanced capabilities and market reach. The news also boosted the SPDR S&P Regional Banking ETF, suggesting potential for further consolidation in the sector.
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