The bank stated in a statement that it specifically intends to open more than 100 new branches in large cities like Austin, Dallas, Denver, Houston, Miami, and San Antonio.
Furthermore, almost 1,200 branches will receive updates and renovations.
There are currently over 2,300 PNC branches all over the United States.
In Wednesday's trade, the price of PNC Financial's stock grew by 1.2%. The banking group's market value decreased by 8.1% to $59.4 billion over the previous year, while the S&P 500 stock index increased by more than 20%.
source: cnbc.com
Furthermore, almost 1,200 branches will receive updates and renovations.
There are currently over 2,300 PNC branches all over the United States.
In Wednesday's trade, the price of PNC Financial's stock grew by 1.2%. The banking group's market value decreased by 8.1% to $59.4 billion over the previous year, while the S&P 500 stock index increased by more than 20%.
source: cnbc.com