Press release
Fifth Third Shareholders and Comerica Stockholders Vote to Approve Combination
CINCINNATI & DALLAS--(BUSINESS WIRE)-- Today, shareholders of Fifth Third Bancorp (Nasdaq: FITB) and stockholders of Comerica Incorporated (NYSE: CMA) voted
About this update from Fifth Third Bancorp
[{"type":"text","content":" CINCINNATI & DALLAS--(BUSINESS WIRE)--\nToday, shareholders of Fifth Third Bancorp (Nasdaq: FITB) and stockholders of Comerica Incorporated (NYSE: CMA) voted separately to approve the proposed merger of the two companies. The transaction is expected to close in the first quarter of 2026, subject to satisfaction of the remaining customary closing conditions.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260106772750/en/\n“Today’s favorable shareholder vote with 99.7% of votes cast in favor of our combination with Comerica marks an important milestone in our journey,” said Tim Spence, Chairman, CEO and President of Fifth Third. “By combining Fifth Third’s award-winning retail and digital capabilities with Comerica’s middle market banking franchise, we’ll create a more dynamic, resilient institution with the scale and capabilities to deliver exceptional value for our customers, communities, and shareholders. Together we’ll form the ninth largest US bank with $290 billion in assets and a footprint spanning 17 of the 20 fastest-growing large markets in the U.S.”\n\n\n“We are pleased our stockholders have overwhelmingly approved this important step forward,” said Curt Farmer, Chairman, President and CEO of Comerica. “We believe that this merger of two long-standing institutions will create new opportunities to drive innovation, foster deeper relationships, and deliver stronger support for the customers and communities we proudly serve. Together, we are well positioned to grow, invest and compete more effectively for the long term.” Comerica stockholders supported the merger with 97.0% of votes cast in favor.\n\n\nAbout Fifth Third\n\n\nFifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it’s one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere’s World’s Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the...