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JPMorgan to Open 160 Branches, Emphasizing Face-to-Face Banking

2/18/2026

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Summary

Story summary

In 2026, JPMorgan Chase & Co. plans to open over 160 new branches across more than 30 states.
The plan aims to add 500 branches in three years, reflecting a belief in face-to-face banking.
Bank of America Corp. opened nearly 50 sites last year and plans 100 more by 2027.
Research shows most US consumers prefer proximity to branches, signaling in-person demand.

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Story summary

In 2026, JPMorgan Chase & Co. plans to open over 160 new branches across more than 30 states.
The plan aims to add 500 branches in three years, reflecting a belief in face-to-face banking.
Bank of America Corp. opened nearly 50 sites last year and plans 100 more by 2027.
Research shows most US consumers prefer proximity to branches, signaling in-person demand.