Fifth Third and Comerica shareholders approve merger

Shareholders of Fifth Third Bancorp (NASDAQ: FITB) and Comerica Incorporated (NYSE: CMA) voted to approve the proposed merger between the two banks. Fifth Third shareholders supported the transaction with 99.7% of votes cast in favor, while Comerica stockholders approved it with 97.0% of votes cast.

The transaction is expected to close in the first quarter of 2026, subject to satisfaction of remaining customary closing conditions, according to the companies' joint statement.

"Today's favorable shareholder vote with 99.7% of votes cast in favor of our combination with Comerica marks an important milestone in our journey," said Tim Spence, Chairman, CEO and President of Fifth Third.

The combined entity would create what the companies describe as the ninth largest US bank with $290 billion in assets and operations spanning 17 of the 20 fastest-growing large markets in the United States.

"We are pleased our stockholders have overwhelmingly approved this important step forward," said Curt Farmer, Chairman, President and CEO of Comerica.

Cincinnati-based Fifth Third operates as a regional bank with operations across multiple states. Dallas-based Comerica reported total assets of $77.4 billion as of September 30, 2025, and operates banking centers in Arizona, California, Florida, Michigan and Texas.

The merger requires additional regulatory approvals and satisfaction of other closing conditions before completion.

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