PNC Financial Services Group has completed the conversion of FirstBank customers and branches onto its banking platform, marking the final phase of integrating the Colorado-based lender. The transition moved 780,000 customers, more than 1,620 employees, and 95 branches onto PNC's platform. The FirstBank acquisition, completed in January 2026, added $26.8 billion in assets and expanded PNC's footprint in high-growth markets across Colorado and Arizona, more than tripling its Colorado presence to nearly 120 branches and growing its Arizona network to more than 70 locations. PNC now expects the deal to be earnings accretive, contributing nearly $1 per share by 2027, and plans a $2 billion investment to open more than 300 branches across nearly 20 U.S. markets and renovate its existing network by 2029. With the systems conversion complete, management can focus on realizing anticipated synergies and deepening customer relationships through expanded products including digital banking, treasury management, and wealth management.
PNC Financial Services Group IncPNC completed FirstBank integration, expects deal to be earnings accretive with ~$1 per share contribution by 2027, and plans $2B branch expansion.
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