Comerica completes merger and delists following Fifth Third acquisition
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An announcement from Comerica ( (CMA) ) is now available.
On February 1, 2026, Comerica completed a two-step merger into Fifth Third Intermediary, after which both Comerica and Comerica Holdings ceased to exist as separate corporate entities and Fifth Third Intermediary continued as Fifth Third Financial Corporation. Comerica’s subsidiary banks, Comerica Bank and Comerica Bank & Trust, National Association, were subsequently merged into Fifth Third Bank, National Association, which remained the surviving bank, while Comerica common shareholders received 1.8663 shares of Fifth Third common stock for each Comerica share and cash in lieu of fractional shares, and Comerica preferred stock and related depositary shares were converted into newly created Fifth Third preferred instruments with comparable terms; Comerica equity awards were likewise converted into Fifth Third awards under adjusted terms. In connection with closing, Comerica requested suspension of trading and delisting of its common and preferred stock from the NYSE effective February 2, 2026, and as a result these securities will no longer be listed, with Fifth Third moving to deregister them and end Comerica’s reporting obligations; all Comerica stockholders’ rights in the old securities ended at the effective time other than the right to receive the specified merger consideration. All Comerica directors and executive officers ceased serving at the effective time without any governance dispute, and Fifth Third expanded its board to 16 members, appointing former Comerica directors Michael G. Van de Ven, Barbara R. Smith and Derek J. Kerr, while Comerica’s corporate charter and bylaws terminated and Fifth Third’s governing documents remained in place, including a new Ohio filing creating 400,000 shares of the New Fifth Third Preferred Stock as of January 31, 2026.
The most recent analyst rating on (CMA) stock is a Sell with a $114.00 price target. To see the full list of analyst forecasts on Comerica stock, see the CMA Stock Forecast page.
Spark’s Take on CMA Stock
According to Spark, TipRanks’ AI Analyst, CMA is a Outperform.
Overall score is driven by stable profitability and balance-sheet strength, reinforced by clear technical uptrend. The main constraint is weak recent cash-flow performance (sharp free-cash-flow decline and low cash conversion). Valuation is reasonable with a supportive dividend, and corporate events are a net positive given the merger approvals and expected closing.
To see Spark’s full report on CMA stock, click here.
More about Comerica
Comerica was a U.S.-based financial services company whose primary businesses operated through Comerica Bank and Comerica Bank & Trust, National Association, offering commercial and retail banking and trust services, with its shares previously listed on the New York Stock Exchange.
Average Trading Volume: 2,313,094
Technical Sentiment Signal: Buy
Current Market Cap: $11.33B
Learn more about CMA stock on TipRanks’ Stock Analysis page.
