PNC Bank Raises Branch Investment by $500 Million

MT Newswires Live

2024/11/08

PNC Financial Services Group's (PNC) PNC Bank unit said Friday it is raising its branch investment by $500 million to open more than 100 new branches and renovate 200 current locations.

PNC said the new funds brings its total investment to about $1.5 billion to open more than 200 new branch locations in 12 cities over the next five years, while completing the renovations of 1,400 existing branches over the same period.

Price: 203.01, Change: -0.20, Percent Change: -0.10

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