Fifth Third Merges With Comerica Creating Superregional Bank

The merger between Fifth Third Bancorp and Comerica Incorporated closed Monday, Feb. 2, creating a combined bank with roughly $294 billion in assets and the ninth-largest U.S. position. The deal links Fifth Third’s scaled mobile and digital platform with Comerica’s commercial franchise, expanding reach in 17 of the 20 fastest-growing U.S. metros and strengthening embedded finance and payments.