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Fifth Third, Comerica Receive Fed Approval for Bank Merger

BY MT Newswires | ECONOMIC | 03:29 AM EST

03:29 AM EST, 01/14/2026 (MT Newswires) -- Fifth Third Bancorp (FITB) and Comerica (CMA) said late Tuesday that the Federal Reserve Board has approved their pending merger.

The transaction is expected to close Feb. 1, with the combined company set to become the ninth-largest US bank with about $290 billion in assets and operations.

Full system and brand conversions are expected later in the year, the companies said. Comerica (CMA) branches will continue operating under the Comerica (CMA) name during the interim.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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