Reported about 15 hours ago
PNC Financial has announced plans to acquire FirstBank Holding for $4.1 billion in cash and stock, enhancing its presence in the rapidly growing markets of Colorado and Arizona. This acquisition, which brings PNC closer to $600 billion in assets, includes FirstBank's extensive retail deposit base and branch network. The deal is expected to close in early 2026, with FirstBank's CEO taking on a new role at PNC following the merger.
Source: YAHOO