PNC Bank Expands Branch Buildout to More Than 370, Will Build 60 Branches Per Year
PNC Bank Expands Branch Buildout to More Than 370, Will Build 60 Branches Per Year |
| [06-November-2026] |
Expansion in South Carolina and Georgia Adds Eight Markets, Bringing Total Buildout Markets to 28 PITTSBURGH, Nov. 6, 2026 /PRNewswire/ -- PNC Bank today announced it will broaden its branch expansion to more than 370 total new locations by 2031, including more than 70 branches already opened since announcing its original expansion strategy. The additional branches will strengthen PNC's presence across the Southeast, adding more than 50 new locations in South Carolina and Georgia, underscoring the company's commitment to two of the nation's fastest-growing states. In addition, given the success PNC has experienced in its previously announced expansion markets, the company plans to build an additional 10 locations across Texas, Florida and North Carolina. As part of this approximately $2.5 billion investment in its network, PNC plans to open 60 branches per year from 2027 onward while renovating its existing locations across all markets, reinforcing its commitment to delivering exceptional in-branch hospitality across the country. In total, PNC expects to hire 2,400 employees as part of this expansion, bringing more bankers into more communities to support the in-person needs of more clients. "We're seeing strong demand for the incredible hospitality, advice and personalized service that our bankers provide across the country every day," said 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. 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." Building on Strong Performance Across the Southeast
"We're excited about expanding our presence across the Southeast and bringing our capabilities to more of the country's fastest growing markets," said 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." Expanding Access Through Physical and Digital Banking Part of a Broader National Expansion Strategy The planned Southeast expansion will further strengthen the bank's ability to serve clients where population and economic growth are creating new opportunities for individuals, families and businesses. PNC Bank, National Association, is a member of The PNC Financial Services Group, Inc. (NYSE: PNC). PNC is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. For information about PNC, visit www.pnc.com. CONTACT: Darby Rowe
SOURCE PNC Bank | ||
Company Codes: NYSE:PNC |
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