PNC acquisition of FirstBank Holding Company
Acquisition · 08/09/2025
PNC agreed to acquire FirstBank Holding Company, including FirstBank, for approximately 13.9 million PNC shares and USD 1.2 billion cash, implying an announced transaction value of USD 4.1 billion. Wells Fargo advised PNC. The acquisition closed January 5, 2026. FirstBank merged into PNC Bank on June 18, 2026; customer and branch conversion was announced complete June 22, 2026. The amount preserves the announced implied value.
Wells FargoYou've reached today's limit
You have viewed 5 profiles today as a guest. Create a free account to unlock more.
- ✓2x more daily profile views
- ✓Save and track firms you follow
- ✓Get notified when new profiles are published
- ✓Access the full contacts directory
- ✓Compare firms side by side
No credit card required. Takes 30 seconds.