Fifth Third Bancorp Outlines Comerica Integration Plan

Targets $850M in Cost Synergies and Expansion in Texas

Published on Feb. 13, 2026

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Fifth Third Bancorp executives detailed the company's plans to integrate its acquisition of Comerica, including expected financial benefits, cost and revenue synergy targets, and how the deal will expand Fifth Third's footprint and capabilities, particularly in Texas and key commercial verticals.

Why it matters

The acquisition of Comerica is a major strategic move for Fifth Third Bancorp, allowing it to expand its presence in Texas and strengthen its commercial banking capabilities. The successful integration of the two banks will be crucial for Fifth Third to realize the anticipated cost savings and revenue growth opportunities.

The details

Fifth Third expects $850 million in annual pre-tax expense synergies, roughly 35% of Comerica's expense base, to come from consolidating duplicative functions, optimizing facilities and vendors, aligning overlapping systems, and creating a more efficient operating model. The company also sees more than $500 million in identifiable revenue synergies over the next five years, including plans to bring its analytics-driven strategy, segmentation tools, digital onboarding, and mobile experience to Comerica's consumer customers. Additionally, Fifth Third plans a major retail expansion in Texas, aiming to open 150 new financial centers across the state from 2027 through 2029.

  • Fifth Third expects to recognize about $320 million of the cost savings in 2026, but with an earlier 'legal day one,' it now expects an additional $80 million of savings, with half flowing to the bottom line and half reinvested for growth.
  • Fifth Third plans to introduce its Provide fintech lending platform to small businesses across legacy Comerica markets before the full systems conversion.

The players

Fifth Third Bancorp

A Cincinnati, Ohio-based bank holding company whose primary banking subsidiary operates as Fifth Third Bank, providing a broad range of financial services to individual consumers, small businesses, middle-market companies and large corporations.

Comerica

A bank that Fifth Third Bancorp is acquiring, with a strong middle market business that Fifth Third believes can be unlocked by its liquidity, capital, and balance sheet diversification.

Jamie Leonard

Chief Operating Officer of Fifth Third Bancorp.

Brennen Willingham

Treasurer of Fifth Third Bancorp.

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What they’re saying

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