Bank of America is opening 165 new branches, joins list of financial retail expansions in the age of online banking
Bank of America plans to open 165 new branches by the end of 2026, saying many customers prefer physical spaces in the age of online banking.
Bank of America to open more than 165 new branches by end of 2026
Bank of America plans to open more than 165 U.S. branches by the end of 2026, the lender said on Monday, as it competes with JPMorgan Chase to add locations.
Bank of America on track to open 40 new branches this year
While more customers are doing their banking online, bank branches are still being added and renovated for customers to meet in person with bankers.
Bank of America is America's Bank
This chart shows the share of U.S. respondents who said the following were their primarily used bank in 2024 (in percent).
Bank of America plans to open 5 new Philadelphia-area branches
The new local branches are among 165 locations Bank of America expects to open across its footprint by the end of 2026.
BofA becomes the latest big bank to bet on new branches
Bank of America said it will open 165 branches by the end of 2026, the latest big US lender to announce more brick-and-mortar locations following a decade of industry retrenchment.
Bank of America to open more than 165 financial centers
Bank of America (NYSE:BAC) (BOFA:CA) said on Monday it is set to open more than 165 new financial centers across 63 markets by 2026-end. The banking group plans to open nearly 40 centers in 2024. BAC said the new openings come in addition to the more than 100 centers opened over the last two years.
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