diff --git a/core/modules/field_ui/src/Form/FieldStorageAddForm.php b/core/modules/field_ui/src/Form/FieldStorageAddForm.php
index 452a934428..59f2e76c37 100644
--- a/core/modules/field_ui/src/Form/FieldStorageAddForm.php
+++ b/core/modules/field_ui/src/Form/FieldStorageAddForm.php
@@ -314,18 +314,12 @@ protected function validateAddExisting(array $form, FormStateInterface $form_sta
   public function submitForm(array &$form, FormStateInterface $form_state) {
     $values = $form_state->getValues();
     $entity_type = $this->entityTypeManager->getDefinition($this->entityTypeId);
-    $default_options = [
-      'entity_form_display' => ['default' => []],
-      'entity_view_display' => ['default' => []],
-    ];
     $field_values = [
       'entity_type' => $this->entityTypeId,
       'bundle' => $this->bundle,
     ];
 
-    // There are a few differences depending on whether we create a new field or
-    // re-use an existing one.
-    if (empty($values['new_storage_type'])) {
+    if ($values['existing_storage_name']) {
       $is_new_field = FALSE;
       $field_name = $values['existing_storage_name'];
 
@@ -333,6 +327,7 @@ public function submitForm(array &$form, FormStateInterface $form_state) {
       $default_options = $this->getExistingFieldDefaults($field_name);
 
       $field_values += [
+        ...$default_options['field_config'] ?? [],
         'field_name' => $field_name,
         'label' => $values['existing_storage_label'],
       ];
@@ -590,7 +585,7 @@ protected function getExistingFieldLabels(array $field_names) {
    * @throws \Drupal\Component\Plugin\Exception\InvalidPluginDefinitionException
    * @throws \Drupal\Component\Plugin\Exception\PluginNotFoundException
    */
-  protected function getExistingFieldDefaults($field_name, $existing_bundle = '') {
+  protected function getExistingFieldDefaults(string $field_name, string $existing_bundle = ''): array {
     $default_options = [];
     $field_map = $this->entityFieldManager->getFieldMap();
     if ($existing_bundle) {
@@ -605,11 +600,13 @@ protected function getExistingFieldDefaults($field_name, $existing_bundle = '')
     }
     else {
       // If $existing_bundle is not supplied, then find a suitable candidate.
-      // @todo Consistently choose the bundle. Oldest? Newest?
       if (empty($field_map[$this->entityTypeId][$field_name]['bundles'])) {
         return [];
       }
       $bundles = $field_map[$this->entityTypeId][$field_name]['bundles'];
+
+      // Sort bundles to ensure deterministic behavior.
+      sort($bundles);
       $existing_bundle = reset($bundles);
     }
 
@@ -666,7 +663,7 @@ protected function getExistingFieldDefaults($field_name, $existing_bundle = '')
    *
    * @see \Drupal\Core\Field\PreconfiguredFieldUiOptionsInterface::getPreconfiguredOptions()
    */
-  protected function getNewFieldDefaults($field_name, $preset_key) {
+  protected function getNewFieldDefaults(string $field_name, string $preset_key): array {
     $field_type_definition = $this->fieldTypePluginManager
       ->getDefinition($field_name);
     $options = $this->fieldTypePluginManager->getPreconfiguredOptions($field_type_definition['id']);
diff --git a/core/modules/field_ui/tests/src/Functional/ManageFieldsFunctionalTest.php b/core/modules/field_ui/tests/src/Functional/ManageFieldsFunctionalTest.php
index b3edefa926..66a1d65c4b 100644
--- a/core/modules/field_ui/tests/src/Functional/ManageFieldsFunctionalTest.php
+++ b/core/modules/field_ui/tests/src/Functional/ManageFieldsFunctionalTest.php
@@ -869,4 +869,38 @@ public function testNonExistentFieldUrls() {
     $this->assertSession()->statusCodeEquals(404);
   }
 
+  /**
+   * Tests that options are copied over when reusing a field.
+   */
+  public function testReuseField() {
+    $field_name = 'test_reuse';
+    $label = $this->randomMachineName();
+
+    // Create field with pre-configured options.
+    $this->fieldUIAddNewField('admin/structure/types/manage/article', $field_name, $label, 'field_ui:test_field_with_preconfigured_options:custom_options');
+
+    $new_label = $this->randomMachineName();
+    $initial_edit = [
+      'existing_storage_name' => "field_{$field_name}",
+      'existing_storage_label' => $new_label
+    ];
+
+    $this->drupalGet('admin/structure/types/manage/page/fields/add-field');
+    $this->submitForm($initial_edit, 'Save and continue');
+
+    $field = FieldConfig::loadByName('node', 'page', "field_{$field_name}");
+    $this->assertTrue($field->isRequired());
+    $this->assertEquals($new_label, $field->label());
+    $this->assertEquals('preconfigured_field_setting', $field->getSetting('test_field_setting'));
+
+    /** @var \Drupal\Core\Entity\EntityDisplayRepositoryInterface $display_repository */
+    $display_repository = \Drupal::service('entity_display.repository');
+
+    $form_display = $display_repository->getFormDisplay('node', 'page');
+    $this->assertEquals('test_field_widget_multiple', $form_display->getComponent("field_{$field_name}")['type']);
+    $view_display = $display_repository->getViewDisplay('node', 'page');
+    $this->assertEquals('field_test_multiple', $view_display->getComponent("field_{$field_name}")['type']);
+    $this->assertEquals('altered dummy test string', $view_display->getComponent("field_{$field_name}")['settings']['test_formatter_setting_multiple']);
+  }
+
 }