Fifth Third Bancorp's Stock Analysis

Fifth Third Bancorp Completes Merger with Comerica Incorporated

Fifth Third Bancorp has finalized a merger agreement with Comerica Incorporated, which includes a series of mergers that will result in Fifth Third Intermediary as the surviving corporation. The transaction has received necessary approvals from the Federal Reserve and other regulatory bodies, with the closing date expected on February 1, 2026. This merger will create the ninth largest bank in the U.S., with combined assets of approximately $290 billion and a presence in key growth markets across the Midwest, Southeast, Texas, and California.

The merger is anticipated to enhance Fifth Third's capabilities and market position, with integration teams already in place to ensure a smooth transition for customers and employees. Following the merger, Fifth Third expects to achieve significant revenue synergies and maintain its tangible book value per share. Until the full integration is complete, both banks will continue to operate under their respective brands while working towards a unified system and brand strategy later in the year.

Jan 13, 2026 18:52:44

Fifth Third Bancorp Announces Redemption of Subordinated Notes

Fifth Third Bancorp's subsidiary, Fifth Third Bank, has announced a redemption notice for all outstanding 3.850% Subordinated Notes due March 15, 2026. The total principal amount of these notes is $750 million, and they will be redeemed at 100% of the principal amount plus any accrued interest on February 13, 2026. After the redemption, no Subordinated Notes will remain outstanding, and interest on the notes will cease to accrue after the redemption date.

This action is part of Fifth Third's capital management strategy and reflects its commitment to maintaining financial stability. The redemption notice will be sent to the registered holders of the notes, and payment will only be made upon presentation and surrender of the notes to the paying agent. Investors may consider this redemption as a factor in assessing the company's financial health and capital actions.

Jan 13, 2026 08:11:09

Fifth Third Bancorp and Comerica Shareholders Approve Merger

On January 6, 2026, shareholders of Fifth Third Bancorp and Comerica Incorporated voted to approve the proposed merger between the two companies. The transaction is anticipated to close in the first quarter of 2026, pending the fulfillment of customary closing conditions. Fifth Third received overwhelming support for the merger, with 99.7% of votes cast in favor, while Comerica's shareholders also demonstrated strong backing with 97.0% approval.

The merger aims to create a larger financial institution, positioning the combined entity as the ninth largest U.S. bank with approximately $290 billion in assets. This consolidation is expected to enhance the capabilities of both banks, allowing them to better serve their customers and communities. The merger will integrate Fifth Third’s retail and digital strengths with Comerica’s middle-market banking franchise, potentially increasing competitiveness and growth opportunities in the financial services sector.

Jan 06, 2026 16:01:43

Fifth Third Bancorp Board Changes Announced for 2026

Thomas H. Harvey will retire from the Board of Directors of Fifth Third Bancorp effective January 7, 2026. Priscilla Almodovar has been appointed to fill the vacancy created by Harvey's retirement and will also serve on the Nominating and Corporate Governance and Risk and Compliance Committees. Almodovar will receive compensation as a Director under the company's Director Pay Program, including a pro-rated grant of $41,712 in restricted stock units (RSUs).

Priscilla Almodovar brings over 35 years of leadership experience in complex organizations, having previously served as President and CEO of Fannie Mae and as President and CEO of Enterprise Community Partners. Her background includes significant roles in the financial sector, including at JPMorgan Chase and various housing finance agencies. The appointment of Almodovar is expected to enhance the Board's strategic vision and governance as Fifth Third Bancorp continues to pursue innovative solutions for its customers and communities.

Dec 12, 2025 08:02:24

Fifth Third Bancorp to Present at Goldman Sachs Conference

Fifth Third Bancorp will present at the Goldman Sachs U.S. Financial Services Conference on December 10, 2025. The company has a strong presence in the Midwest and Southeast, ranking 11th in the U.S. for assets and 10th for deposits, with a total of $213 billion in assets and $167 billion in deposits as of September 30, 2025. The bank operates 1,102 branches across the U.S. and has a significant market share in key metropolitan areas.

The presentation highlights Fifth Third's diversified business portfolio, emphasizing its contributions from various sectors, including commercial banking and wealth management. The company aims to maintain a resilient balance sheet and a strong credit profile while pursuing growth through disciplined execution. Investors are encouraged to review the registration statement and joint proxy statement filed with the SEC for more detailed information regarding the proposed merger with Comerica and related matters.

Dec 09, 2025 16:30:37

Fifth Third Bancorp to Present at Annual Bank Conference

Fifth Third Bancorp will present at the 2025 BancAnalysts Association of Boston's Annual Bank Conference on November 7, 2025. The presentation will include key information about the company's operations, market position, and financial performance, including its ranking as the 10th largest bank in the U.S. with total assets of $213 billion and deposits of $167 billion. The company emphasizes its significant market share in major metropolitan areas and its diversified business portfolio.

Additionally, Fifth Third Bancorp has filed a registration statement on Form S-4 with the SEC to register shares of common stock to be issued to Comerica stockholders in connection with the proposed merger. Investors are encouraged to review the registration statement and the joint proxy statement/prospectus for important details regarding the transaction. The communication clarifies that it does not constitute an offer to sell or solicit any securities.

Nov 06, 2025 17:21:41

Fifth Third Bancorp Reports Q3 2025 Earnings and Metrics

Fifth Third Bancorp reported a net income of $608 million, or $0.91 per diluted share, for the third quarter of 2025, showing an increase from $591 million, or $0.88 per share, in the previous quarter and $532 million, or $0.78 per share, in the same quarter last year. The bank's net interest income (NII) rose to $1.525 billion, a 2% increase from the prior quarter, attributed to improved asset mix and strategic management actions. Noninterest income also grew by 4% sequentially and 10% year-over-year, totaling $781 million, with notable increases in wealth management and capital markets fees. The bank's efficiency ratio and net charge-off ratios were also reported, reflecting ongoing financial stability and management discipline.

In terms of balance sheet metrics, Fifth Third's total average deposits increased by 1% compared to the prior quarter, driven mainly by growth in money market and demand deposits. The provision for credit losses was $197 million, with an allowance for credit losses ratio of 1.96%. The bank repurchased $300 million of its common stock during the quarter, reducing shares outstanding, and announced an 8% increase in its quarterly cash dividend to $0.40 per share. The CET1 capital ratio was reported at 10.54%, slightly down from the previous quarter, indicating a focus on maintaining capital adequacy while returning value to shareholders.

Oct 17, 2025 06:30:28

Fifth Third Bancorp Announces Merger with Comerica Incorporated

Fifth Third Bancorp has entered into a Merger Agreement with Comerica Incorporated, which includes a series of transactions resulting in Comerica merging into Fifth Third's subsidiary, Fifth Third Intermediary. The agreement has been unanimously approved by the boards of both companies and outlines the conversion of Comerica's common stock into Fifth Third common stock at an exchange ratio of 1.8663. Additionally, Comerica's preferred stock will be converted into a new series of preferred stock of Fifth Third with similar terms, and various stock options and awards will also be adjusted accordingly.

The completion of the merger is contingent on several conditions, including shareholder approvals from both companies, regulatory approvals, and the absence of any legal restraints. Both parties have agreed to customary covenants, including non-solicitation of alternative acquisition proposals. A termination fee of $500 million will be applicable under certain circumstances if the agreement is terminated. Investors are encouraged to review the forthcoming registration statement and proxy statement for detailed information regarding the transaction.

Oct 08, 2025 17:28:40

Fifth Third Bancorp Announces Merger with Comerica Incorporated

Fifth Third Bancorp and Comerica Incorporated have entered into a definitive merger agreement, where Fifth Third will acquire Comerica in an all-stock transaction valued at $10.9 billion. Comerica shareholders will receive 1.8663 shares of Fifth Third for each share of Comerica, representing a 20% premium based on Comerica's recent stock price. Upon completion, Fifth Third shareholders will own approximately 73% of the combined company, which will become the 9th largest bank in the U.S. with around $288 billion in assets.

The merger is expected to enhance Fifth Third's growth strategy by expanding its geographic reach and profitability. The combined entity will operate in key high-growth markets and will feature two significant recurring revenue streams in Commercial Payments and Wealth and Asset Management. The transaction is subject to shareholder and regulatory approvals and is anticipated to close by the end of the first quarter of 2026. Leadership from both companies will be integrated to ensure continuity and strategic alignment post-merger.

Oct 06, 2025 06:37:52

Fifth Third Bancorp Completes $300 Million Share Repurchase Program

Fifth Third Bancorp has completed an accelerated share repurchase transaction with Deutsche Bank, purchasing approximately $300 million of its common stock. This transaction involved the repurchase of a total of 6,929,352 shares at an average price of $43.2941 per share, concluding on September 29, 2025.

Following this repurchase agreement, Fifth Third Bancorp retains about 93.1 million shares under its previously announced share repurchase program. Deutsche Bank and its affiliates have provided financial advisory services to Fifth Third and may continue to do so in the future.

Sep 30, 2025 16:20:35