PNC Financial to Invest Additional $500M to Double Branch Openings

The PNC Financial Services Group, Inc. (PNC) has announced plans to increase its branch investment by $500 million to open more than 100 additional 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 ...