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Why Are Bank Branches Disappearing?


Why Are Bank Branches Disappearing?

There's been a lot of talk in the bank industry over the last few years about the future of bank branches -- or, rather, about whether or not they have a future.

Like the retail industry, customers have started shifting how they access financial products and services, such as checking, savings, and brokerage accounts. Instead of walking into a branch to make a deposit, they're instead using their smartphones to do so.

Image source: Bank of America.

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Source: Fool.com

Bank of America Corp. Stock

€54.30
0.690%
The Bank of America Corp. stock is trending slightly upwards today, with an increase of €0.37 (0.690%) compared to yesterday's price.
With 88 Buy predictions and 1 Sell predictions Bank of America Corp. is one of the favorites of our community.
On the other hand, the target price of 52 € is below the current price of 54.3 € for Bank of America Corp., so the potential is actually -4.24%.
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