M&A Deal Summary

Fifth Third Bank Acquires Comerica

On October 6, 2025, Fifth Third Bank acquired financial services company Comerica for 10.9B USD

Acquisition Highlights
  • This is Fifth Third Bank’s 32nd transaction in the Financial Services sector.
  • This is Fifth Third Bank’s largest (disclosed) transaction.
  • This is Fifth Third Bank’s 39th transaction in the United States.
  • This is Fifth Third Bank’s 1st transaction in Texas.

M&A Deal Summary

Date 2025-10-06
Target Comerica
Sector Financial Services
Buyer(s) Fifth Third Bank
Deal Type Add-on Acquisition
Deal Value 10.9B USD
Advisor(s) J.P. Morgan Securities
Keefe, Bruyette & Woods (Financial)
Wachtell, Lipton, Rosen & Katz (Legal)

Target

Comerica

Dallas, Texas, United States
Comerica park in Detroit, Michigan.
Comerica park in Detroit, Michigan.
Comerica is a financial services company that provides retail, business banking, and wealth management services and serves principally operates in the states of Texas, California, and Michigan. Comerica was incorporated in 1849 and is based in Dallas, Texas.

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Buyer(S) 1

Buyer

Fifth Third Bank

Cincinnati, Ohio, United States

Category Company
Founded 1858
Sector Financial Services
Employees18,616
Revenue 8.3B USD (2024)
DESCRIPTION
Fifth Third Bank branch in Chicago, Illinois.
Fifth Third Bank branch in Chicago, Illinois.

Fifth Third Bank is a regional US-based bank. Fifth Third provides a variety of financial services including commercial lending, consumer lending, and investment advisory. Fifth Third Bank was incorporated in 1858 and is based in Cincinnati, Ohio.


DEAL STATS #
Overall 39 of 39
Sector: Financial Services M&A 32 of 32
Type: Add-on Acquisition M&A Deals 34 of 34
State: Texas M&A 1 of 1
Country: United States M&A 39 of 39
Year: 2025 M&A 2 of 2
Size (of disclosed) 1 of 26
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-08-20 DTS Connex

Westminster, Maryland, United States

DTS Connex offers cash management software solutions for multi-location businesses such as retailers, restaurants, and healthcare providers. DTS Connex is based in Westminster, Maryland.

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