Hey Gotraders!
We’ve got an important update regarding your holdings in Comerica Inc. (CMA).
As of February 2, 2026, Comerica has officially completed its merger with Fifth Third Bancorp (FITB). Following the completion of this transaction, CMA is no longer traded as a standalone public company.
Here’s a breakdown of what this means for your portfolio.
So, What’s Happening?
A merger occurs when two companies combine into one organization. These transactions often lead to changes in how shares are structured, including the conversion of shares from the acquired company into shares of the acquiring company.
In this case, Comerica Inc. (CMA) merged with Fifth Third Bancorp (FITB). After the merger was finalized, CMA ceased trading as a separate publicly listed company.
As a result:
CMA shares are no longer listed on the market
The CMA ticker is no longer available for trading
Instead, shareholders received Fifth Third Bancorp (FITB) shares based on the agreed conversion ratio.
How This Affects Your Gotrade Portfolio
Here’s exactly what has changed in your account:
1. Share Conversion Ratio
Your CMA shares have been automatically converted into Fifth Third Bancorp (FITB) shares according to the official exchange ratio:
1 CMA share = 1.8663 FITB shares
The number of FITB shares you received depends on how many CMA shares you held prior to the merger.
Example:
If you owned 10 shares of CMA
10 × 1.8663 = 18.663 shares of FITB
Your Gotrade portfolio now reflects the updated number of FITB shares based on this conversion.
If the calculation resulted in fractional shares, they will appear in your portfolio as fractional holdings.
2. Removal of CMA From Trading
Because the merger has been completed:
CMA is no longer available for trading
The CMA ticker has been removed from your portfolio
Your holdings now reflect Fifth Third Bancorp (FITB) shares
Your portfolio value now reflects the market value of your FITB shares based on current market prices.
Action Required
No action is required from your side. The entire process has been completed automatically, including:
Conversion of CMA shares into FITB shares
Portfolio updates reflecting the new holdings
Removal of CMA from active positions
You can view your updated portfolio and current holdings anytime directly in your Gotrade app.
Got questions? Hit us up at support@heygotrade.com or check out the Gotrade Help Center.
