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PNC to reach Colorado-expansion target with FirstBank takeover

Bank to purchase FirstBank for $4.1B

Bloomberg NewsbyBloomberg News
September 8, 2025
in Banking
Reading Time: 2 mins read
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PNC Financial Services Group Inc. will fulfill its goals for expanding across Colorado with the planned takeover of FirstBank Holding Co., and the regional-banking giant will focus its branch-opening effort on other states instead, PNC Chief Executive Officer Bill Demchak said. Pittsburgh-based PNC agreed to buy FirstBank for about $4.1 billion to add $26.8 billion […]

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