PNC · News · 20260805N

Capital Expenditure Program

PNC FINANCIAL SERVICES GROUP, INC. · 2026-08-05 · Importance 46 · Surprise 42

PNC opened its 50th new branch in Hialeah, Florida, as part of a plan to build more than 300 branches across the United States. The expansion is supported by a $2 billion investment initiative, including 55 planned new builds in 2026. PNC expects to build 60 branches annually beginning in 2027, making the 2026 program the bank's largest single-year expansion.

Key facts

• PNC4861314 bond: coupon rate 2.60%, issue date July 23, 2019, maturity date July 23, 2026. source