20 banks that closed the most branches in 2024

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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
Chart showing banks that closed the most branches in 2024 where First Citizens Bank tied for 18th.
First Citizens Bank tied for 18th for most branches closed in 2024.
Chart showing banks that closed the most branches in 2024 where Key Bank tied for 18th.
KeyBank tied for 18th for most branches closed in 2024.
Chart showing banks that closed the most branches in 2024 where Regions Bank tied for 18th.
Regions Bank tied for 18th for most branches closed in 2024.
Chart showing banks that closed the most branches in 2024 where Great Southern Bank tied for 16th.
Great Southern Bank tied for 16th for most branches closed in 2024.
Chart showing banks that closed the most branches in 2024 where Commerce Bank tied for 16th.
Comerce Bank tied for 16th for most branches closed in 2024.
Chart showing banks that closed the most branches in 2024 where Fulton Bank ranked 15th.
Fulton Bank ranked 15th for most branches closed in 2024.
Chart showing banks that closed the most branches in 2024 where Capital One Bank ranked 14th.
Capital One Bank ranked 14th for most branches closed in 2024.
Chart showing banks that closed the most branches in 2024 where Provident Bank ranked 13th.
Provident Bank ranked 13th for most branches closed in 2024.
Chart showing banks that closed the most branches in 2024 where BMO tied for 11th.
BMO tied for 11th for most branches closed in 2024.
Chart showing banks that closed the most branches in 2024 where Huntington Bank tied for 11th.
Huntington Bank tied for 11th for most branches closed in 2024.
Chart showing banks that closed the most branches in 2024 where M&T Bank ranked 10th.
M&T Bank ranked 10th for most branches closed in 2024.
Chart showing banks that closed the most branches in 2024 where Comerica Bank tied for 8th.
Comerica Bank tied for 8th for most branches closed in 2024.
Chart showing banks that closed the most branches in 2024 where Woodforest National Bank tied for 8th.
Woodforest National Bank tied for 8th for most branches closed in 2024.
Chart showing banks that closed the most branches in 2024 where TD Bank ranked 7th.
TD Bank ranked 7th for most branches closed in 2024.
Chart showing banks that closed the most branches in 2024 where Truist Bank ranked 6th.
Truist Bank ranked 6th for most branches closed in 2024.
Chart showing banks that closed the most branches in 2024 where Citizens Bank ranked 5th.
Citizens Bank ranked 5th for most branches closed in 2024.
Chart showing banks that closed the most branches in 2024 where PNC Bank ranked 4th.
PNC Bank ranked 4th for most branches closed in 2024.
Chart showing banks that closed the most branches in 2024 where U.S. Bank ranked 3rd.
U.S. Bank ranked 3rd for most branches closed in 2024.
Chart showing banks that closed the most branches in 2024 where Bank of America ranked 2nd.
Bank of America ranked 2nd for most branches closed in 2024.
Chart showing banks that closed the most branches in 2024 where Wells Fargo ranked 1st.
Wells Fargo ranked 1st for most branches closed in 2024.
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