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Banks' net branch closings peaked in the third quarter, due to 350 closings in July. The top five banks in this ranking closed a net total of 175 locations in the third quarter of 2024, up from 148 net closures in the second quarter. In the 12-month period that ended September 30, these top five banks closed a net total of 379 branches.
Read more about the U.S. banks closing the most branches. Negative numbers in the chart below indicate closures.
Source: S&P
Banks ranked by net branch closures
| Rank | Bank | Q3 | Q2 | Q1 | Q4 | Last twelve months (ended Sept. 30) |
| 15 | Popular Bank | -9 | 0 | 0 | -1 | -10 |
| 14 | Eastern Bank | -10 | 0 | 0 | 0 | -10 |
| 13 | Banc of California | -10 | -2 | 0 | -1 | -13 |
| 12 | Prosperity Bank | -12 | 0 | 0 | 0 | -12 |
| 11 | PNC Bank | -12 | -25 | -30 | 3 | -64 |
| 10 | Commerce Bank | -15 | 0 | 0 | 0 | -15 |
| 9 | Great Southern Bank | -18 | 0 | 0 | 0 | -18 |
| 8 | Provident Bank | -22 | 0 | 0 | 0 | -22 |
| 7 | U.S. Bank | -23 | -48 | -18 | -9 | -98 |
| 6 | BMO | -23 | 0 | -1 | -11 | -35 |
| 5 | M&T Bank | -25 | 4 | -1 | -7 | -29 |
| 4 | Woodforest Bank | -30 | -1 | 3 | 0 | -28 |
| 3 | TD Bank | -39 | -8 | 0 | 4 | -43 |
| 2 | Wells Fargo | -40 | -21 | -57 | -70 | -188 |
| 1 | Bank of America | -41 | -7 | -39 | -4 | -91 |
