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Stock impact report

PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States [Yahoo! Finance]

PNC Financial Services Group, Inc. (The) (PNC) 
Last pnc financial services group, inc. (the) earnings: 4/15 06:41 am Check Earnings Report
Company Research Source: Yahoo! Finance
PITTSBURGH Nov. 8, 2024 /PRNewswire/ -- PNC Bank announced today it is increasing its branch investment by $500 million to open more than 100 additional new branches and renovate 200 more existing locations across the country. These plans expand upon the 100 new locations and 1,200 branch renovations the company announced in February . Today's announcement brings the bank's total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period. In addition to building new branches as previously announced in Austin Dallas Denver Houston Miami , and San Antonio , PNC will now significantly expand its branch network throughout Atlanta Charlotte Orlando Phoenix Raleigh and Tampa . The bank also announced plans to meaningfully expand the number of new branches it will build in Miami . These new locations will all be staffed wit Show less Read more
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