Acquiring Company
The PNC Financial Services Group
Acquired Company
FirstBank
PittsburghPalm DesertFinancial ServicesBankingDescription
The PNC Financial Services Group has completed its acquisition of FirstBank, significantly expanding its customer base and branch network. The transaction added approximately $26 billion in assets and over 780,000 new customers. This strategic move is expected to enhance PNC's capabilities in the banking sector and contribute positively to its earnings. Management anticipates the acquisition will add nearly $1 per share to earnings by 2027.
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Based on deal dataFrequently asked
Who acquired FirstBank?
FirstBank was acquired by The PNC Financial Services Group, based in Pittsburgh. The deal was reported on August 19, 2026. The PNC Financial Services Group, Inc. The PNC Financial Services Group is publicly traded (PNC) and operates in Financial Services.
When did The PNC Financial Services Group acquire FirstBank?
The PNC Financial Services Group's acquisition of FirstBank was reported on August 19, 2026. The PNC Financial Services Group has completed its acquisition of FirstBank, significantly expanding its customer base and branch network. The transaction added approximately $26 billion in assets and over 780,000 new customers. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does FirstBank do?
Use your FirstBank Mobile App to verify your identity using your fingerprint or facial recognition. We'll wait for you right here! Quick Login allows you to log in using your mobile device's biometric abilities in place of a password. It is privately held, operating in Banking, and is based in Palm Desert.