Texas Branches Expand as Fifth Third Grows Presence

Texas branches expand as Fifth Third leases 50 sites after Comerica buy, targeting Dallas-Fort Worth and boosting US footprint.
Texas branches expand as Fifth Third leases 50 sites after Comerica buy, targeting Dallas-Fort Worth and boosting US footprint.
  • Fifth Third leased 50 new Texas branches after acquiring Comerica for $10.9B.
  • Over two dozen branches will open in the Dallas-Fort Worth region.
  • The combined bank will keep major office footprints in Dallas and Frisco.
  • Fifth Third aims to add 150+ Texas branches by 2029, investing $600M.
Key Takeaways

Rapid Branch Expansion

CoStar reports that Fifth Third Bancorp quickly expanded its Texas footprint after completing the $10.9B acquisition of Comerica. The bank signed leases for 50 new retail branches across Texas, with a heavy focus on the Dallas-Fort Worth region—Comerica’s former headquarters. Over two dozen locations will open in North Texas, underscoring the area’s importance in Fifth Third’s national growth strategy.

Maintaining Office Commitments

Alongside branch growth, Fifth Third will keep 220,000 SF at Comerica Bank Tower in downtown Dallas and 100,000 SF in Frisco. Both offices remain major operational hubs, each employing about 350 people. Leadership reaffirmed its long-term commitment to North Texas, though office use and workforce numbers may shift during integration.

Rebranding and Investment Plans

Comerica’s signage will remain through Q3, with full rebranding to Fifth Third expected by Labor Day. Looking forward, the bank plans to invest $600M in Texas, aiming to open 150+ branches in major cities by 2029. By 2030, Fifth Third expects to operate 1,750 branches nationwide, with more than half in high-growth states like Texas. Other national banks have also prioritized branch expansion across the Sun Belt, signaling broader confidence in regional market growth.

Why It Matters

As Fifth Third integrates Comerica’s assets and network, the Texas branches strategy positions the bank as a leader in a consolidating industry. The focus remains on capturing middle-market clients, investing in local talent, and strengthening the customer-facing presence in the Southwest.

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