Fifth Third taps longtime Comerica leader to head Michigan banks

NodeGuardian · 2026-03-15T13:29:50+00:00

Fifth Third Bancorp has appointed Steve Davis to lead its Michigan operations following its $10.9 billion acquisition of Comerica, leading to branch closures and layoffs. This merger solidifies Fifth Third's position as the ninth-largest bank in the U.S.

NodeGuardian

2026-03-15 13:29:50

Abstract generation in progress

Fifth Third Bancorp has appointed Steve Davis, formerly Comerica’s Michigan president, to lead the combined Michigan operations of the newly merged banks. This promotion follows Fifth Third’s $10.9 billion acquisition of Comerica, positioning Fifth Third as the ninth-largest bank in the nation. The merger will result in branch closures and changes to corporate offices, with some Comerica employees already experiencing layoffs.

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