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Home Community Banking

Bank acquisitions announced in Texas, Oklahoma

October 7, 2025
Reading Time: 1 min read
OCC sees need for regulatory reform in bank merger process

Fifth Third Bancorp in Cincinnati has agreed to buy Comerica in Dallas. The $210 billion-asset Fifth Third said in a press release that it will pay $10.9 billion in stock for the $78 billion-asset Comerica. The deal, which is expected to close in the first quarter, priced Comerica at 173% of its tangible book value.

F&M Bank in Edmond, Oklahoma, has agreed to buy Community National Bank of Okarche in Oklahoma. The $758 million-asset F&M Bank did not disclose how much it will pay for the $128 million-asset Community National. The deal is expected to close in the fourth quarter.

Prosperity Bancshares in Houston has agreed to buy Southwest Bancshares in San Antonio, Texas. The $38.4 billion-asset Prosperity said in a press release that it will pay $268.9 million in stock for the $2.4 billion-asset parent of Texas Partners Bank. The deal, expected to close in the first quarter, priced Southwest at 153% of its tangible book value.

M&A News is reported by Paul Davis and reprinted with permission as an adaptation of the material from TheBankSlate.com.

Tags: Mergers and acquisitions
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