PNC completes $4.1bn purchase of FirstBank [Yahoo! Finance]
FB Financial Corporation (FBK)
Last fb financial corporation earnings: 4/27 04:15 pm
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Source: Yahoo! Finance
The deal, agreed in September last year, set the acquisition's value at $4.1bn, including the issuance of around 13.9 million shares of PNC common stock as well as a cash payment of $1.2bn. Regulatory clearance was obtained in December from the board of governors of the Federal Reserve System, the Office of the Comptroller of the Currency, and the Colorado Division of Banking. With completion now confirmed, PNC will proceed with merging FirstBank into its wider operations. The transition for FirstBank customers is scheduled for this summer. Until then, they will continue to use their existing accounts and services. PNC CEO and chairman William Demchak said: "Today's legal close is more than a milestone, it's the beginning of a partnership built on shared values and a vision for growth. By combining FirstBank's strong local relationships with PNC's national capabilities, we're poised to deliver even greater opportunities for our customers and communities." As part of the dea
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News
- PNC Financial Expands Colorado, Arizona Reach With FirstBank Buyout [Yahoo! Finance]Yahoo! Finance
- FB Financial Corporation Announces 2025 Fourth Quarter and Year-End Earnings Call [Yahoo! Finance]Yahoo! Finance
- FB Financial Corporation Announces 2025 Fourth Quarter and Year-End Earnings CallBusiness Wire
- PNC Completes Acquisition of FirstBank [Yahoo! Finance]Yahoo! Finance
- 3 Reasons FBK is Risky and 1 Stock to Buy Instead [Yahoo! Finance]Yahoo! Finance
FBK
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- 10/14/25 - Beat
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Sec Filings
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- 12/12/25 - Form 4
- FBK's page on the SEC website