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 »
Fifth Third Bank says it has originated more than $5.2 billion in mortgages so far in 2025, ranking among the top 45 U.S. lenders and top 15 banks. The Cincinnati-based bank, already a top 10 mortgage servicer, said it has grown market share in 90% of its key markets this year as it continues to
Fifth Third Bank’s $5.2B mortgage surge in 2025 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 »
Fifth Third and Comerica announced on Monday that they have signed a definitive merger agreement in an all-stock transaction valued at $10.9 billion, creating the nation’s ninth-largest bank with approximately $288 billion in assets. Comerica’s website detailed that shareholders will receive 1.8663 Fifth Third shares for each Comerica share, valuing the deal at $82.88 per
Fifth Third buys Comerica in nearly $11B deal 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 »