Tag Archives: 4.1B

PNC to buy FirstBank for $4.1B, expanding to Arizona, Colorado

PNC to buy FirstBank for .1B, expanding to Arizona, Colorado

NEW YORK (AP) — PNC Financial said Monday that it plans to buy Colorado-based FirstBank for $4.1 billion, giving PNC a substantial presence in the Colorado banking market as well as Arizona. Based in Lakewood, Colorado., FirstBank, which is also branded as 1stBank, is a midsized bank that operates 120 retail branches with $26.7 billion in assets. The bank is …

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