Here’s how many branches PNC cut in 2023, not the most in the U.S., but close

Patty Tascarella, Pittsburgh Business Times
·1 min read

PNC shuttered 223 branches last year, according to newly released S&P Global Market Intelligence data.

It appears to be a record high for PNC Financial Services Group Inc., (NYSE:PNC) although the Pittsburgh-based bank would neither confirm nor deny.

PNC was No. 3 in the U.S. for net closures in 2023, driven largely by 135 that were located inside supermarkets in Maryland, Virginia, New Jersey and eastern Pennsylvania.

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