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Subsequent Event | 9 Months Ended
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Sep. 30, 2025
Subsequent Events [Abstract] |
Subsequent Event | Subsequent Event On October 5, 2025, Fifth Third Bancorp and Comerica Incorporated entered into a definitive merger agreement (“the Comerica Merger”) under which, on the terms and conditions set forth therein, Comerica Incorporated (“Comerica”) will merge with a subsidiary of Fifth Third Bancorp in an all-stock transaction. Under the terms of the agreement, common shareholders of Comerica will receive 1.8663 shares of Fifth Third Bancorp common stock for each share of Comerica common stock, resulting in a transaction value of $10.9 billion based on the closing price of Fifth Third’s common stock on October 3, 2025. The exchange ratio of Fifth Third Bancorp common stock for Comerica common stock is fixed. Comerica is headquartered in Dallas, Texas with reported assets of approximately $77 billion as of September 30, 2025 and is the holding company of Comerica Bank and Comerica Bank & Trust, National Association. In conjunction with the closing of the Comerica Merger, three members of Comerica’s Board of Directors are expected to join the Fifth Third Bancorp Board of Directors. The Comerica Merger remains subject to regulatory approval and the satisfaction of other customary closing conditions. The Comerica Merger is expected to close at the end of the first quarter of 2026.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/855/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483399/855-10-50-2 + Details
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