New York, Feb 3, 2026, 11:26 AM EST — Regular session underway.
- Shares of Comerica have been suspended and will be delisted from the New York Stock Exchange following the bank’s merger with Fifth Third Bancorp, which finalized on Feb. 1. (Fifth Third Bank)
- Each Comerica common share converted into 1.8663 shares of Fifth Third common stock, per a U.S. Securities and Exchange Commission filing. (SEC)
- Comerica’s last recorded trade was on Jan. 30, closing near $88.67 per share, based on market data. (Market Chameleon)
Comerica shares stopped trading following the company’s merger with Fifth Third, triggering a trading halt and the start of its NYSE delisting, according to filings and company announcements. (Investing)
This shift matters for investors since Comerica’s ticker essentially turns into a formality, not a factor in price discovery. Going forward, exposure comes through the Fifth Third shares distributed in the exchange and any settlement timing at brokers for those holding Comerica shares at closing. (SEC)
Fifth Third revealed on Feb. 2 that the merger would form the ninth-largest bank in the U.S., boasting roughly $294 billion in assets. The deal merges its retail and digital banking operations with Comerica’s established middle-market presence and network. (Fifth Third Bank)
Regulatory filings confirm the merger wrapped up on Feb. 1. Fifth Third, now the successor, intends to deregister Comerica’s securities and halt Comerica’s SEC reporting requirements. (SEC)
Comerica common shareholders will receive 1.8663 Fifth Third shares for every Comerica share they own at closing, according to the SEC filing. (SEC)
Index and benchmark mechanics are adjusting as well. Comerica was dropped from select S&P bank and broader indices effective around Feb. 1, potentially triggering one-off flows in the last sessions before the exit. (MarketScreener)
The wider scene shows U.S. bank consolidation heating up as 2026 kicks off. Last week, Prosperity Bancshares struck a deal to acquire Stellar Bancorp in a transaction valued at about $2 billion, combining cash and stock. This move extends the growing trend among regional banks adjusting their footprints. (Reuters)
But/risks: For those who held Comerica shares, the concern has shifted. It’s no longer about “Comerica execution” but how well Fifth Third handles integration and the deal’s numbers — including if cost savings, keeping commercial clients and deposits, plus regulatory or operational challenges, turn out better or worse than expected. Any slip-ups will hit Fifth Third’s stock, not a revived Comerica ticker. (Fifth Third Bank)
Investors are now focused on Fifth Third’s first post-close update showing the combined company’s status. Key will be management’s take on integration progress and whether they provide any concrete synergy or expense targets in upcoming results and filings. (Fifth Third Bank)
