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Stock impact report

PNC Completes Acquisition of FirstBank [Yahoo! Finance]

FB Financial Corporation (FBK) 
Last fb financial corporation earnings: 4/27 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.firstbankonline.com
Company Research Source: Yahoo! Finance
its acquisition of FirstBank Holding Company, including its banking subsidiary, FirstBank, following receipt of all required regulatory approvals and satisfaction of customary closing conditions. The transaction further advances PNC's strategic growth strategy and expands the bank's presence across high-growth communities in Colorado and Arizona. "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," said William S. Demchak, chairman and chief executive officer of PNC. "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." With legal close now complete, PNC will begin the process of integrating FirstBank into its national platform. Customer conversion is expected to occur this summer. Until then, FirstBank customers will continue to be served through their current branches, websites, mobi Show less Read more
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