Brian Enzler, North Texas region president at Fifth Third Bancorp, speaks at Fifth Third’s new branch at 17 Cowboys Way in Frisco, TX, Wednesday, April 22, 2026. Ohio bank Fifth Third acquired Dallas-based Comerica.
Juan Figueroa/The Dallas Morning News
Ohio-based bank Fifth Third, which acquired Dallas’ Comerica in a deal announced last October, is evaluating real estate throughout Dallas as its new North Texas division guns for “HQ2” status.
At the unveiling of Fifth Third’s first Texas financial center in Frisco, Brian Enzler, the bank’s North Texas region president, addressed ongoing considerations about how Comerica’s presence in the region fits into the newly joined company.
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“We are still evaluating real estate options. I expect we’ll know in rather short order what the footprint will look like in the city of Dallas,” he said. “But what we have committed to, and will continue to commit to, is that the city of Dallas will be very prominently featured in terms of our real estate footprint.”
Enzler said Fifth Third is looking at several options, including downtown, Uptown and at Preston Center. Preston Center, a commercial district in North Dallas at Preston Road and Northwest Highway, held the corporate headquarters of Veritex Bank before it was acquired by Huntington Bank, another Ohio entity, in 2025.
Comerica Bank was headquartered at Comerica Bank Tower in downtown Dallas until the acquisition closed in February. For now, Comerica branding remains throughout real estate, technology and other assets, until Labor Day in September, when that will begin being transitioned to Fifth Third branding.
From left: the Mercantile Building, which is terminating all of its leases due to a leak and noxious odor; the Comerica tower, whose namesake tenants are eyeing an Uptown move; and 1700 Pacific, which is a shell of its former self
robert-wilonsky
Enzler didn’t address the future of Comerica Bank Tower specifically. Comerica’s lease in the building, which includes the naming rights, ends in 2028, and the bank currently occupies about 200,000 square feet of space in the skyscraper. It also occupied 100,000 square feet at an office tower in Frisco, though around 200 employees have been laid off there this year, per filings with the Texas Workforce Commission.
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Comerica Bank Tower was sold to Slate Asset Management, a Toronto company, in 2024, and is managed by Dallas commercial real estate firm Stream Realty. The pair has put together an ambitious redevelopment plan which includes adding a hotel and residential space.
Fifth Third CEO Tim Spence previously told The Dallas Morning News the bank had “no firm plans” related to potentially breaking the lease at Comerica Bank Tower or vacating it early.
Moving forward, Fifth Third has an ambitious plan to expand in Texas, including growing its branch presence from 108 post-Labor Day consolidation to 250 financial centers by 2029.
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Wednesday’s event featured Frisco mayor Jeff Cheney, Frisco Chamber of Commerce President and CEO Christal Howard, and Dallas Stars mascot Victor E. Green, as Fifth Third unveiled signage at 17 Cowboys Way, previously a Comerica property. The bank presented Kuang Zhang, owner of Sweet Hut Cafe and Bakery in Plano, with a check for $1,053 as he opened a small business account for the bakery, marking Fifth Third’s first retail business transaction in Texas.
Victor E. Green, mascot for the Dallas Stars, listens as Brian Enzler, North Texas region president at Fifth Third Bancorp, speaks at Fifth Third’s new branch at 17 Cowboys Way in Frisco, TX, Wednesday, April 22, 2026. Ohio bank Fifth Third acquired Dallas-based Comerica.
Juan Figueroa/The Dallas Morning News
In terms of corporate presence, Fifth Third touted Comerica’s middle-market banking, which serves customers somewhere between small business loans and large corporate banking, and the state’s bankers and workforce after the merger was announced, implying the maintenance of more complex capabilities here.
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“I expect to earn our way into an HQ2 designation for Fifth Third Bank,” Enzler said. “I do think over time, we will build into a meaningful quasi-headquarters type profile here in North Texas. In general, with the weight of the Comerica business profile here in North Texas, it’s very natural for us to have a significant presence.”