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For the third year, banks’ net branch closings declined in the United States. The top five banks in this ranking closed a net total of 518 locations in 2024, with the largest number of the net closings occurring in the first quarter. The top five still have more than 13,000 total active branches.
Read more about the U.S. banks closing the most branches. Negative numbers in the chart below indicate closures.
Source: S&P
Banks with the most net branch closings in 2024
| Rank |
Company |
Net closings/openings
(2024 total) |
Total Active
Branches
(Actual) |
| 18 (tie) |
Regions Bank |
-17 |
1,255 |
| 18 (tie) |
KeyBank |
-17 |
960 |
| 18 (tie) |
First Citizens Bank |
-17 |
536 |
| 16 (tie) |
Commerce Bank |
-18 |
140 |
| 16 (tie) |
Great Southern Bank |
-18 |
98 |
| 15 |
Fulton Bank |
-20 |
230 |
| 14 |
Capital One Bank |
-21 |
260 |
| 13 |
Provident Bank |
-22 |
143 |
| 11 (tie) |
Huntington Bank |
-24 |
1,023 |
| 11 (tie) |
BMO |
-24 |
1,013 |
| 10 |
M&T Bank |
-28 |
1,015 |
| 8 (tie) |
Woodforest National Bank |
-29 |
741 |
| 8 (tie) |
Comerica Bank |
-29 |
384 |
| 7 |
TD Bank |
-45 |
1,138 |
| 6 |
Truist Bank |
-61 |
1,931 |
| 5 |
Citizens Bank |
-64 |
1,010 |
| 4 |
PNC Bank |
-76 |
2,318 |
| 3 |
U.S. Bank |
-117 |
2,195 |
| 2 |
Bank of America |
-126 |
3,666 |
| 1 |
Wells Fargo |
-135 |
4,257 |
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