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The addition of firstbank is part of pnc's strategy to scale its franchise through organic growth and strategic acquisition

Us bank pnc has agreed to buy smaller peer firstbank in a deal worth $4.1bn, as the country’s largest regional banks try to bulk up to compete with national rivals. The acquisition gives pnc a substantial presence in the colorado banking market and arizona. The pnc financial services group, inc Pnc financial services group inc Agreed to buy firstbank holding co For about $4.1 billion to add $26.8 billion in assets and branches in colorado and arizona, as one of the nation’s top.

Pnc to acquire firstbank for $4.1 billion, tripling its colorado presence and becoming a top bank in denver for deposits and banking services. Pnc) today announced a definitive agreement to acquire firstbank holding company, including its banking subsidiary firstbank, headquartered in lakewood, co Firstbank, with $26.8 billion in assets as of june 30, 2025.

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