Bank of America (NYSE:BAC) and PNC (NYSE:PNC) are closing branches left and right. Will this eventually be a big boost to the bottom-line?

In this Where the Money Is segment, Motley Fool financial analysts Matt Koppenheffer and David Hanson discuss an article from SNL Financial, which shows that as more and more consumers shift to doing their banking transactions online, the trend of more bank branches closing than opening seen last year has so far continued in 2014.

Matt and David discuss why this might not be as much related to cost-cutting as it is to the efficiency of the bank's business overall. They also talk about just how much of an impact this trend could have on the financials of the big banks, which banks are bucking the trend, and whether this will hurt the financials of smaller banks looking to compete that can't afford to close branches and go online.

David Hanson owns shares of Berkshire Hathaway, Goldman Sachs, JPMorgan Chase, and PNC Financial Services. Matt Koppenheffer owns shares of Berkshire Hathaway, Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, and PNC Financial Services.