branch banking penetration also decreased in recent years. Between 2019 and 2023, the share of bank account holders processing banking matters in person dropped by seven percent.
The number of bank branches in Canada decreased steadily between 2014 and 2022. Branch numbers peaked in 2014, when the number of offices reached almost 6,400. After that, the number of offices declined every year, dropping to 5,656 in 2022. With the dropping number of bank branches,Number of bank branches in Canada from 2006 to 2022
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Other statistics that may interest you Banking industry in Canada
Overview
6
- Premium Statistic Largest banks worldwide 2023, by market capitalization
- Basic Statistic Largest banks worldwide 2023, by assets
- Premium Statistic Leading banks in Canada 2023, by assets
- Premium Statistic Market capitalization of the largest banks in Canada 2023
- Premium Statistic Number of bank branches in Canada 2006-2022
- Premium Statistic Monthly inflation rate and bank rate in Canada 2018-2024
Banking system efficiency and stability
7
- Premium Statistic Value of bank assets in Canada 2002-2022
- Premium Statistic Assets of financial institutions in Canada 2002-2022, by institution type
- Premium Statistic Net income of the largest banks in Canada 2023
- Premium Statistic ROE of the largest banks in Canada 2023
- Premium Statistic ROA of the largest banks in Canada 2023
- Premium Statistic Efficiency ratio of the largest banks in Canada 2023
- Premium Statistic CET1 ratio of the largest banks in Canada 2023
Retail banking
5
- Premium Statistic Customer satisfaction with leading Canadian retail banks 2023
- Premium Statistic Average savings per household in Canada 2000-2022, by age group
- Premium Statistic Average household net savings Canada 2000-2022
- Premium Statistic Average value of new mortgage loans in Canada 2012-2023, per quarter
- Premium Statistic Average mortgage interest rate Canada 2019-2023, by type of mortgage
Investment banking
4
- Premium Statistic Investor satisfaction with leading Canadian investment firms 2023
- Premium Statistic Leading financial advisors to M&A deal Canada 2022, by deal value
- Premium Statistic Value of M&A deals in Canada 2006-Q3 2023
- Premium Statistic Most active private equity firms in Canada 2023, by number of deals
Corporate banking
4
- Basic Statistic Value of business credit disbursed in Canada H1 2018-H2 2022, by supplier
- Basic Statistic Value of outstanding of loans to businesses in Canada H1 2018-H2 2022, by size
- Premium Statistic Monthly interest rate of business loans in Canada 2016-2023
- Premium Statistic Monthly outstanding value of business loans in Canada 2016-2023
Workforce diversity
5
- Premium Statistic Diversity at Bank of Montreal 2022
- Premium Statistic Gender diversity at TD Bank Group 2022, by management level
- Premium Statistic Diversity at Royal Bank of Canada 2019-2022
- Premium Statistic Workforce diversity at Scotiabank 2020-2022
- Premium Statistic Racial diversity at TD Bank Group 2019-2022
Customer attitudes
7
- Basic Statistic Customer attitude toward personal finances in Canada 2024
- Premium Statistic Processes in banking affairs in Canada 2024
- Premium Statistic Satisfaction with primary bank in Canada 2019-2024, by quarter
- Premium Statistic Willingness to change primary bank in Canada 2019-2024, by quarter
- Premium Statistic Mobile banking usage in Canada 2019-2024, by quarter
- Premium Statistic Online banking usage in Canada 2019-2024, by quarter
- Premium Statistic Branch banking usage in Canada 2019-2024, by quarter
Further related statistics
16
- Time of last visit in bank branch in the U.S. 2016
- Number of commercial bank branches per 100,000 adults 2014, by country
- Number of bank branches Bangladesh 2010-2019
- Banking channels used in the U.S. 2014, by frequency
- Usage of bank branches for routine transactions 2014, by country
- Number of bank branches in Malaysia 2012-2021
- Commercial bank branches per 100 thousand adults in East Asia & Pacific 2004-2014
- Commercial bank branches per 100 thousand adults in LatAM & Caribbean 2004-2014
- Number of bank branches APAC 2018 by country or region
- Number of bank branches Mongolia 2009-2018
- Number of bank branches Myanmar 2009-2018
- Number of bank branches Nepal 2009-2018
- Number of bank branches Bhutan 2008-2017
- Number of bank branches Brunei 2009-2018
- Number of bank branches in Tanzania 2015-2019
- Bank card usage frequency for everyday payments in Russia 2021, by type
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Statistics
- Time of last visit in bank branch in the U.S. 2016
- Number of commercial bank branches per 100,000 adults 2014, by country
- Number of bank branches Bangladesh 2010-2019
- Banking channels used in the U.S. 2014, by frequency
- Usage of bank branches for routine transactions 2014, by country
- Number of bank branches in Malaysia 2012-2021
- Commercial bank branches per 100 thousand adults in East Asia & Pacific 2004-2014
- Commercial bank branches per 100 thousand adults in LatAM & Caribbean 2004-2014
- Number of bank branches APAC 2018 by country or region
- Number of bank branches Mongolia 2009-2018
- Number of bank branches Myanmar 2009-2018
- Number of bank branches Nepal 2009-2018
- Number of bank branches Bhutan 2008-2017
- Number of bank branches Brunei 2009-2018
- Number of bank branches in Tanzania 2015-2019
- Bank card usage frequency for everyday payments in Russia 2021, by type
Canadian Bankers Association. (December 8, 2023). Number of bank branches in Canada from 2006 to 2022 [Graph]. In Statista. Retrieved June 13, 2024, from https://www.statista.com/statistics/594343/number-of-bank-branches-canada/
Canadian Bankers Association. "Number of bank branches in Canada from 2006 to 2022." Chart. December 8, 2023. Statista. Accessed June 13, 2024. https://www.statista.com/statistics/594343/number-of-bank-branches-canada/
Canadian Bankers Association. (2023). Number of bank branches in Canada from 2006 to 2022. Statista. Statista Inc.. Accessed: June 13, 2024. https://www.statista.com/statistics/594343/number-of-bank-branches-canada/
Canadian Bankers Association. "Number of Bank Branches in Canada from 2006 to 2022." Statista, Statista Inc., 8 Dec 2023, https://www.statista.com/statistics/594343/number-of-bank-branches-canada/
Canadian Bankers Association, Number of bank branches in Canada from 2006 to 2022 Statista, https://www.statista.com/statistics/594343/number-of-bank-branches-canada/ (last visited June 13, 2024)
Number of bank branches in Canada from 2006 to 2022 [Graph], Canadian Bankers Association, December 8, 2023. [Online]. Available: https://www.statista.com/statistics/594343/number-of-bank-branches-canada/