Reported 1 day ago
Comerica Inc. (NYSE:CMA) reached a new all-time high on October 7, 2025, as it announced a merger with Fifth Third Bancorp valued at $10.9 billion. Shares soared to $83.22 during trading before settling at $80.20. The all-stock merger will allow CMA shareholders to receive 1.8663 shares in Fifth Third, representing a premium over the stock's recent average price. The merger is projected to close in early 2026, creating the 9th largest bank in the U.S.
Source: YAHOO