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Stock impact report

PNC Financial to Invest Additional $500M to Double Branch Openings [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
branches and renovate 200 existing locations across the United States. This was followed by the bank's announcement in February 2024 to invest $1 billion to open more than 100 branches and renovate more than 1,200 existing locations by 2028. The increased investment brings PNC's total investment to nearly $1.5 billion to open more than 200 new branches across 12 U.S. cities and renovate 1,400 existing locations over the next five years. PNC plans to expand its branch network throughout Atlanta, Charlotte, Orlando, Phoenix, Raleigh and Tampa, with additional new branches planned specifically for Miami. Each new branch will have a team of highly skilled bankers to address clients' unique financial needs and support their financial goals. At present, PNC Financial has the fourth largest branch network with more than 2,200 across the United States. Further, PNC serves its customers through more than 60,000 ATMs nationwide as well as through online and mobile banking platforms and it Show less Read more
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