PNC Bank Expands Branch Buildout to More Than 370, Will Build 60 Branches Per Year
PR Newswire•06/11/2026•08:30 ET
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Key Highlights
- ➤PNC plans more than 370 new branches by 2031, including over 70 already opened
- ➤PNC will build 60 branches annually from 2027 onward
- ➤Approximately $2.5 billion investment will fund expansion and branch renovations
- ➤South Carolina and Georgia expansion adds more than 50 branches across eight markets
- ➤PNC expects to hire 2,400 employees as part of the expansion
Expert Statements
Jeff Martinez, Head of Branch Distribution and Sales Management at PNC
“We're seeing strong demand for the incredible hospitality, advice and personalized service that our bankers provide across the country every day”
Jeff Martinez, Head of Branch Distribution and Sales Management at PNC
“The positive feedback and strong results have reinforced our confidence in doubling down on our expansion strategy and continuing to grow our network.”
Jeff Martinez, Head of Branch Distribution and Sales Management at PNC
“These new branches will help us continue to deepen relationships, expand access to our advice, expertise and capabilities and make it easier for clients to bank with us however they choose.”
Jim Hansen, Southeast territory executive at PNC
“We're excited about expanding our presence across the Southeast and bringing our capabilities to more of the country's fastest growing markets”
Jim Hansen, Southeast territory executive at PNC
“With the addition of 50 more branches in South Carolina and Georgia, this next phase of our expansion will enable our team to meaningfully contribute to the region's growth, serve local clients and create impact for communities.”
PNC Bank Expands Branch Buildout to More Than 370, Will Build 60 Branches Per Year PR Newswire
Expansion in South Carolina and Georgia Adds Eight Markets, Bringing Total Buildout Markets to 28
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