JPMorgan Bets on Branches in Digital Age: A Smart Growth Move?
Key Takeaways JPM is adding 14 new Financial Centers and plans to double its total to 32 locations by 2026. The bank plans to open 500 more branches by 2027 to deepen relationships and boost cross-selling. JPM shares are up 10.3% YTD, outperforming BAC and PNC, despite a projected 2025 earnings decline.JPMorgan (JPM) , the largest U.S. bank, is doubling down on physical expansion to strengthen its competitive edge in relationship banking. With 4,975 branches as of March 31, 2025, more than any other U.S. ...