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JPMorgan Aims to Open over 160 Branches in 2026, FT Reports
- JPMorgan Chase plans to open over 160 new branches across 30 states by the end of 2026, including about 100 in Massachusetts, matching Eastern Bank's count in the state.
- The new branches will be located in Greater Boston areas such as Beacon Hill and Longwood, as well as towns like Pembroke, Saugus, Medway, Clinton, Springfield, and South Attleboro in Massachusetts.
- This expansion is part of a multibillion-dollar investment that includes renovating 600 branches and hiring 1,100 new employees.
- JPMorgan Chase's Boston metro deposits increased from $1.9 billion in 2022 to $4 billion in 2025, but the bank remains behind local market leaders.
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JPMorgan to open over 160 Chase branches across US this year, bucking global trends
JPMorgan Chase said Wednesday it will open more than 160 new branches across more than 30 states this year, accelerating a multibillion-dollar push into physical banking that bucks global trends.
·New York, United States
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While the global financial sector is increasingly leading to complete digitization, JP Morgan Chase announced on this Thursday that it intends to open more than 160 new agencies from its gambling bank, Chase. The announcement is part of the plan published by the bank in 2024 to open more than 500 new agencies, reform 1,700 and hire 3,500 employees in the United States by 2027. The project is part of the goal of CEO Jamie Damon to receive 15% of …
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Total News Sources12
Leaning Left2Leaning Right1Center1Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 25%
R 25%
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