Finance

Federal Reserve Signs Off on Fifth Third’s Bid to Buy Comerica

The Fifth Third Bank headquarters in Cincinnati, Ohio.

Photographer: Madeleine Hordinski/Bloomberg

The Federal Reserve approved Fifth Third Bancorp’s acquisition of Comerica Inc., a key move from the regulator signing-off on one of the largest bank deals in 2025.

Fifth Third agreed last year to buy Comerica for about $10.9 billion in stock. The deal would create the ninth-largest bank in the US, with about $288 billion in assets, the two companies said in a statement at the time.