Roughly 22% of the closures were carried out by two super-regional banks - PNC Financial Services Group and U.S. That was a 19% decrease from the 2,614 branches shut down over the same period in 2022.
banks closed 2,118 branch locations between January and the end of October, according to data from S&P Global Market Intelligence.
The overall pace of bank branch closures slowed in 2023, but certain banks still slashed the size of their brick-and-mortar networks substantially.
