Company: FITBI
Filing Date: 2025-11-05
Form Type: S-4
Source: 0001193125-25-267273
Chunk: 60

Company: FIFTH THIRD BANCORP
Filing Date: 2025-11-05
Form: S-4
Chunk 60
---
 carrying amounts and should be considered preliminary. The final allocation of the purchase price will be completed within the 12-monthmeasurement period following the acquisition date, in accordance with ASC Topic 805. A final determination of fair values will be based on Comerica’s actual assets and liabilities as of the closing date of the merger and may differ materially from the preliminary estimates presented herein. The unaudited pro forma condensed combined balance sheet as of September 30, 2025 combines the historical consolidated balance sheets of Fifth Third and Comerica, giving effect to the merger as if it had occurred on September 30, 2025. The unaudited pro forma condensed combined statements of income for the nine months ended September 30, 2025 and for the year ended December 31, 2024 combine the historical results of Fifth Third and Comerica, giving effect to the merger as if it had occurred on January 1, 2024. The unaudited pro forma condensed combined financial information is presented for illustrative purposes only and is not necessarily indicative of the financial position or results of operations that would have been achieved had the merger been completed on the dates indicated, nor is it indicative of future results or financial position of Fifth Third following the merger.

38

| 2. | Preliminary Purchase Price Allocation |

The following table summarizes the determination of the preliminary estimated purchase consideration as well as a sensitivity analysis assuming a 10% decrease and 10% increase in the price per share of Fifth Third common stock from the October 24, 2025 baseline.

|                                                   |     |   |             |     | Sensitivity Analysis |             |     |      |             |
|                                                   |     |   |             |     | (10)%                |             |     | +10% |             |
| Comerica shares outstanding at October 3, 2025(a) |     |   | 128,054,461 |     |                      | 128,054,461 |     |      | 128,054,461 |
| Exchange ratio(b)                                 |     |   |      1.8663 |     |                      |      1.8663 |     |      |      1.8663 |
| Fifth Third shares to be issued in merger         |     |   | 238,988,041 |     |                      | 238,988,041 |     |      | 238,988,041 |
| FITB stock price as of October 24,