We asked if Comerica Park will be renamed after bank merger — here’s what they said

DETROIT – Local 4 reached out to the Detroit Tigers and Comerica to see if Comerica Park will be renamed after Monday’s bank merger.

The news broke Monday morning that Fifth Third Bancorp has bought Comerica for $10.9 billion in an all-stock deal.

This comes just a day before the Tigers are set to host their first home playoff game of the season on Tuesday against the Seattle Mariners. Games 3 and 4 of the ALDS will be played Tuesday and Wednesday in Downtown Detroit, with the best-of-5 series tied 1-1.

We asked about the status of the Comerica Park naming rights, which currently run through 2034.

The Tigers said they have no comment at this time. But the communications team at Comerica Bank got back to us with this statement:

Fifth Third and Comerica share a deep commitment to the communities we serve, including Detroit. Comerica Park is a beloved landmark with a rich history, and we recognize its significance to Tigers fans and the city. As we move forward with the merger, we remain focused on honoring the legacy of both institutions and continuing to support the places and partnerships that matter most to our customers and communities. While it’s too early to discuss any potential changes to facility names, we are committed to thoughtful decisions that reflect our shared values and long-standing community ties.

Comerica Bank

What is the current Comerica Park naming rights deal?

The original naming rights deal for Comerica Park was for 30 years, through Dec. 31, 2029.

But that deal got extended for five additional years, so the current naming rights deal runs through 2034.

‘Tigers’ sign replaced

The “Tigers” sign atop the scoreboard was replaced with a “Comerica Park” sign right before Opening Day 2025.

“The Tigers sign that previously sat atop the videoboard at Comerica Park had reached its mechanical end of life,” the Tigers told Local 4 in a statement at the time. “With the added branding and video capabilities that have been created by the new video board, the sign will revert to its original display of the ballpark’s name, as is customary throughout ballparks in Major League Baseball.

More on Comerica sale

Here’s more on the sale of Comerica, from the Associated Press:

The buyout will create the 9th largest U.S. bank with approximately $288 billion in assets, the companies said Monday.

The combined company will have operations in the Southeast, Texas and California, and will greatly solidify Fifth Third’s position in the Midwest. It is anticipated that over half of Fifth Third’s branches will be located in the Southeast, Texas, Arizona and California by 2030.

“This combination marks a pivotal moment for Fifth Third as we accelerate our strategy to build density in high-growth markets and deepen our commercial capabilities,” Fifth Third Bank Chairman and CEO Tim Spence said in a statement. “Comerica’s strong middle market franchise and complementary footprint make this a natural fit.”

Comerica’s stockholders will receive 1.8663 Fifth Third shares for each share they own. This representing $82.88 per share as of Fifth Third’s closing stock price on Friday.

Fifth Third shareholders will own about 73% of the combined company, while Comerica shareholders will own approximately 27%.

There has been some consolidation in the regional bank sector recently.

A month ago, PNC Financial said that it would buy Colorado-based FirstBank for $4.1 billion, giving PNC a substantial presence in the Colorado banking market as well as Arizona.

The FirstBank acquisition would make PNC the largest bank in the Denver market, and give it more than 70 branches in Arizona. PNC will also grow to roughly $575 billion in assets.

PNC is typically referred to as a super regional bank, a group of large national banks that are significant in size, often hundreds of billions in assets and hundreds of branches, but are dwarfed in size by the banking giants Wells Fargo, Bank of America and JPMorgan Chase, who have size and scale that the super regionals cannot replicate.

Three members of Comerica’s board will join the board of Fifth Third, based in Cincinnati, once the deal is complete. Chairman and CEO Curt Farmer of Comerica, based in Dallas, will serve as vice chair and Peter Sefzik, Comerica’s chief banking officer, will lead Fifth Third’s wealth and asset Management business.

The deal is expected to close at the end of the first quarter of 2026. It still needs the approval of both companies’ shareholders.

Shares of Comerica rose 11% before the opening bell Monday, while shares of Fifth Third sank 2%.