Fifth Third Bancorp Completes Merger With Comerica

Fifth Third Acquires Big Data Healthcare

March 7, 2023

Healthcare Services

Fifth Third Bancorp has entered a definitive agreement to acquire Big Data Healthcare, a technology solutions provider that automates healthcare payments and remittance reconciliation. The deal, to be completed by an indirect wholly‑owned subsidiary of Fifth Third, is intended to add national healthcare revenue‑cycle and payments capabilities to Fifth Third’s treasury management and commercial banking offerings; financial terms were not disclosed.

Fifth Third Bancorp Acquires Dividend Finance

January 19, 2022

Payments & Fintech

Fifth Third Bancorp has acquired Dividend Finance, a San Francisco–based fintech point-of-sale lender that provides financing for residential renewable energy and sustainability-focused home improvements. The deal — which involved Dividend's majority shareholder LL Funds — expands Fifth Third's digital lending capabilities and strengthens its renewable energy financing portfolio.

First Financial Bancorp to Acquire BankFinancial Corporation

January 1, 2026

Financial Services

First Financial Bancorp agreed to acquire Chicago-based BankFinancial Corporation in an all-stock transaction valued at approximately $142 million. The deal is intended to expand First Financial’s presence in the Chicago market, adding 18 financial centers and BankFinancial’s consumer, trust/wealth management, and selected commercial lending capabilities.

Mercantile Bank Corporation Completes Merger With Eastern Michigan Financial Corporation

January 2, 2026

Financial Services

Mercantile Bank Corporation completed its previously announced merger with Eastern Michigan Financial Corporation (EFIN), combining two Michigan-based financial institutions in a cash-and-stock transaction valued at approximately $95.8 million. The deal expands Mercantile’s footprint in Eastern and Southeast Michigan and provides a transition period through first quarter 2027 before consolidating Eastern Michigan Bank into Mercantile Bank, subject to regulatory approvals.

First Bancorp Acquires GrandSouth Bancorporation

January 1, 2023

Financial Services

First Bancorp (parent of First Bank) completed its acquisition of GrandSouth Bancorporation (the parent of GrandSouth Bank) effective January 1, 2023 in an all-stock merger (0.91 shares of First Bancorp per GrandSouth share). The deal expands First Bank's presence in South Carolina by adding GrandSouth's eight branches and is expected to accelerate First Bancorp's South Carolina growth, creating a combined company with approximately $12 billion in assets and 118 branches.

Colony Bankcorp to Acquire TC Bancshares (TC Federal Bank)

July 23, 2025

Financial Services

Colony Bankcorp, Inc. agreed to acquire 100% of the common stock of TC Bancshares, Inc. in a combined stock-and-cash transaction valued at approximately $86.1 million. The merger is intended to create a stronger community banking franchise focused on enhanced customer service and expanded capabilities and is expected to close on or about December 1, 2025 after approvals.