Fifth Third Bancorp closed its merger with Comerica Incorporated to create the ninth-largest U.S. bank with approximately $294 billion in assets. The combination of Fifth Third’s award-winning retail banking and digital capabilities with Comerica’s strong middle market banking franchise and attractive footprint further strengthens Fifth Third’s stability, profitability and growth potential.

The merger builds upon Fifth Third’s strong momentum entering 2026, following a year of record revenue, best-in-class profitability and efficiency, strong loan and deposit growth, and continued leadership in digital banking and commercial payments. Fifth Third will now operate in 17 of the 20 fastest-growing large markets in the country, including key regions in the Southeast, Texas and California, while solidifying its leadership in the Midwest. By 2030, Fifth Third is planning to have approximately 1,750 branches, over half of which will be located in the Southeast, Texas, Arizona and California. The combined company now has two $1 billion recurring and high-return fee businesses – Commercial Payments and Wealth and Asset Management – which provide durable, diversified earnings and the additional capacity to reinvest for growth. Fifth Third will bring its proven consumer acquisition playbook and analytical marketing capabilities to Comerica’s markets to accelerate deposit growth and deepen customer relationships.

“We are thrilled to announce we have closed our merger with Comerica,” said Tim Spence, chairman, CEO and president of Fifth Third. “This combination marks a pivotal moment for Fifth Third as we accelerate our strategy to build density in high-growth markets and deepen our commercial capabilities. Together, we are creating a stronger, more diversified bank that is well-positioned to deliver exceptional value for our shareholders, customers, communities and teammates – starting today, and over the long-term.”

Integration teams will continue working closely together to ensure a seamless transition for customers. Customers will continue to enjoy consistent coverage teams and the products and services they value today, with future enhancements as the integration progresses. Full system and brand conversions are expected in the third quarter. Until then, Comerica locations will continue to operate under the Comerica brand. Full information on what customers can expect in 2026 can be found at 53.com/BetterTogether.

“Over the next five years, we see four key opportunities: scaling Comerica’s middle market expertise; deepening commercial and wealth relationships to Fifth Third levels; expanding retail banking with our proven playbook, including 150 new de novo branches in Texas; and building a differentiated innovation banking business by leveraging the capabilities of Comerica’s Tech and Life sciences vertical with Fifth Third’s Newline platform,” Spence continued. “We’re building a stronger, more innovative bank, deliberately engineered for through-the-cycle performance so we can continue delivering for our customers, communities and teammates.”