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  • 18 hours ago
Fifth Third Bancorp announced a $10.9 billion all-stock acquisition of Comerica, creating the ninth-largest U.S. bank with $288 billion in assets. The merger will boost Fifth Third’s footprint in key growth markets and expand commercial offerings. Comerica shares jumped 11.5% on the news, while Fifth Third slipped 3%.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Fifth Third Bancorp announced a $10.9 billion all-stock deal to acquire Comerica, according to CNBC.
00:08The deal created since the night-largest U.S. bank with about $288 billion in assets.
00:13Mergers are expected to close in early 2026 and will expand Fifth Third's presence in high-growth markets,
00:18even its commercial services.
00:19Comerica shares jumped 11.5% in pre-market trading, following the news, while Fifth Third fell 3%.
00:25The SPDR S&P 500 Regional Banking ETF gained 1% as investors anticipated more mergers ahead,
00:32driven by regulatory easing under the Trump administration.
00:34For all things money, visit Benzinga.com.
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