Key insight: Fifth Third and Comerica’s shareholders both blessed the companies’ proposed merger, but the two banks are still embroiled in a legal battle with an activist investor. What’s at stake: If the deal crosses the finish line, it will be one of the largest bank mergers of the last decade. Forward look: The banks […]
Fifth Third-Comerica deal easily wins shareholder approval Read More »
Key insight: Fifth Third’s massive credit blow tied to the allegedly fraudulent Tricolor Holdings bankruptcy “didn’t end up costing them that much,” an analyst said. What’s at stake: The company said last week it would acquire Comerica Bank, in what has been the largest bank deal announcement of 2025. Supporting data: The KBW Regional Banking
Fifth Third’s earnings fall in line amid credit hits and M&A Read More »
Fair Finance Watch, a self-described watchdog for the financial services industry, has filed early opposition to Fifth Third Bank‘s proposed acquisition of Comerica, urging the Federal Reserve to hold public hearings and scrutinize the Cincinnati-based lender’s mortgage lending record before approving the deal. In a letter sent Oct. 8 to Fed Chair Jerome Powell and
Fair Finance Watch opposes Fifth Third-Comerica merger Read More »
Key Insight: The deal marks the largest bank acquisition announcement of 2025, and Fifth Third’s first since 2019. What’s at Stake: Comerica had been facing calls from an activist investor to sell itself for months, though CEO Curt Farmer said that the external pressure wasn’t a factor. Supporting Data: When completed, the deal will create
Fifth Third’s Comerica deal: ‘The biggest thing we’ve ever done’ Read More »