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flag PNC Financial Services gained approval to acquire FirstBank, expanding its U.S. footprint, with the deal set to close in early 2026.

flag PNC Financial Services has received regulatory approval to acquire FirstBank, a move that expands its presence in the U.S. banking market. flag The Federal Reserve and other oversight agencies cleared the deal, allowing PNC to integrate FirstBank’s operations and customer base. flag The acquisition, expected to close in early 2026, is part of PNC’s strategy to strengthen its footprint in key regions, particularly in the Southeast. flag No major conditions were imposed, signaling broad regulatory confidence in the transaction’s stability and compliance.

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