Bank of America to Open 165 New Branches by 2026

The expansion aims to address complex financial needs and compete with JPMorgan Chase's growing network.

Bank of America plans to open 165 new branches across 63 markets by the end of 2026.
The bank will add 40 new sites this year, including its first branch in Louisville, Kentucky.
This move follows a decade-long $5 billion investment in modernizing over 3,000 existing branches.
JPMorgan Chase also plans to expand, with 500 new branches and 1,700 renovations by 2027.
Despite digital banking growth, in-person branches remain crucial for complex financial services and customer acquisition.