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JPMorgan Bets on Branches: How Will This Translate to Revenue Growth?
ZACKS· 2026-02-20 15:51
Key Takeaways JPMorgan will open 160 branches in 30 states in 2026, renovate hundreds and hire 1,100 staff.JPM targets underpenetrated markets to win checking and deposits, supporting recurring NII.JPM uses branches to cross-sell cards, mortgages, small-business and wealth.JPMorgan (JPM) is leaning into an old-school growth lever in a digital era: physical distribution. The bank plans to open more than 160 new branches across more than 30 U.S. states in 2026, paired with renovations of hundreds of existing ...
How BAC's No-Fee Rewards Program Can Be a Slow-Burn Growth Driver
ZACKS· 2026-02-19 13:41
Key Takeaways BAC's no-fee BofA Rewards launches May 27 for personal checking clients, expanding eligibility.BAC ties rewards to checking to boost bill pay, debit and direct deposit for stickier deposits and NII.Bank of America offers 10-75% card bonus rewards and loan discounts to lift spend, borrowing and cross-sell.Bank of America (BAC) is widening the funnel on relationship-based rewards with BofA Rewards, a no-fee loyalty program set to launch on May 27, for any client with a personal checking account. ...
New BofA Rewards™ Program to Reach Millions More Clients with Expanded Benefits
Prnewswire· 2026-02-18 18:58
AmericaBank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving nearly 70 million clients with approximately 3,600 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digi ...
BofA expands loyalty program to attract more customers
Reuters· 2026-02-18 17:10
BofA expands loyalty program to attract more customers | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Bank of America logo appears in this illustration taken December 1, 2025. REUTERS/Dado Ruvic/Illustration [Purchase Licensing Rights, opens new tab]Feb 18 (Reuters) - Bank of America [(BAC.N), opens new tab] plans to launch a new loyalty program that will extend rewards to a wider range of customers, it said on Wednesday, as U.S. ...