PNC Completes Acquisition of FirstBank Holding

PNC Financial Services Group has completed the acquisition of FirstBank Holding Company, a banking business in Pennsylvania, for $26 billion. FirstBank Holding Company operates a banking platform with $26 billion of assets, $16 billion of loans, and $23 billion of deposits, expanding PNC’s retail and commercial banking footprint in PA. PNC Financial Services Group acquisitions add scale in financial services M&A by integrating FirstBank’s banking subsidiary into PNC’s consolidated operations effective January 5, 2026, supporting merger acquisition growth across core lending and deposit franchises. The strategic acquisition is part of PNC Financial Services Group acquisitions led by a strategic buyer, with FirstBank results to be reflected in PNC reporting following the closed merger acquisition.