Fifth Third Bancorp's stock declined 5.4% following several corporate developments. The company completed its $10.9 billion acquisition of Comerica Inc., creating the nation's ninth-largest bank with approximately $294 billion in assets. Fifth Third appointed Steve Davis, a longtime Comerica executive, to lead the combined Michigan operations. The merger triggered layoffs affecting Comerica corporate roles and is expected to result in approximately 76 branch closures across Michigan by the second half of 2026. Additionally, Fifth Third announced new regional leadership appointments in Texas and is opening new branches in Western markets including Fresno, California and Frisco, Texas. The company reported fourth quarter 2025 diluted earnings per share of $1.04 with improved credit trends and record net interest income of $6 billion.
Read full analysisFifth Third Bancorp's stock declined 5.4% following several corporate developments. The company completed its $10.9 billion acquisition of Comerica Inc., creating the nation's ninth-largest bank with approximately $294 billion in assets. Fifth Third appointed Steve Davis, a longtime Comerica executive, to lead the combined Michigan operations. The merger triggered layoffs affecting Comerica corporate roles and is expected to result in approximately 76 branch closures across Michigan by the second half of 2026. Additionally, Fifth Third announced new regional leadership appointments in Texas and is opening new branches in Western markets including Fresno, California and Frisco, Texas. The company reported fourth quarter 2025 diluted earnings per share of $1.04 with improved credit trends and record net interest income of $6 billion.
Fifth Third Bancorp is a Cincinnati-based regional bank that became the ninth-largest U.S. bank after completing its $10.9 billion acquisition of Comerica in early February 2026, creating a combined institution with roughly $294 billion in assets. The bank reported strong Q4 2025 results with record net interest income and is now integrating Comerica's operations across Michigan, Texas, and California. Today's decline reflects a sharp financials sector selloff rather than any issue with the integration or underlying business.