---
schema_version: "secwatch.filing_event.v1"
accession: "0000713676-25-000062"
form_type: "8-K"
ticker: "PNC"
cik: "0000713676"
company_name: "PNC FINANCIAL SERVICES GROUP, INC."
filed_at: "2025-09-08T23:59:59+00:00"
generated_at: "2026-05-17T07:47:59.795502+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# PNC to acquire FirstBank for $4.1B; adds 95 branches in Colorado and Arizona

## Summary
- Deal valued at $4.1B: ~13.9M PNC shares + $1.2B cash; FirstBank has $26.8B assets.
- FirstBank operates 95 branches in Colorado and Arizona; PNC to become #1 in Denver retail deposit share (20%).
- Expected to close early 2026; shareholders holding ~45.7% of FirstBank shares support transaction.
- FirstBank CEO Kevin Classen to become PNC Colorado Regional President and Mountain Territory Executive.
- PNC will retain all FirstBank branches and customer-facing branch teams.

## SEC filing metadata
- accession: 0000713676-25-000062
- form_type: 8-K
- ticker: PNC
- cik: 0000713676
- company_name: PNC FINANCIAL SERVICES GROUP, INC.
- filed_at: 2025-09-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/713676/000071367625000062/0000713676-25-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/713676/000071367625000062/pnc-20250908.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000713676-25-000062
- JSON: https://secwatch.observer/filing/0000713676-25-000062.json
- Plain text: https://secwatch.observer/filing/0000713676-25-000062.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.