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PNC Financial Services

Close the acquisition of FirstBank Holding Company, including FirstBank

Delivered by the deadline

AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.

Announced
15 Oct 2025
Due
30 Jun 2026
Delivered
5 Jan 2026
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“The transaction is expected to close in early 2026, subject to receipt of all required approvals and other customary closing conditions.”

What we found

Evidence strength A What the grades mean

A later 10-Q states PNC acquired FirstBank Holding Company on January 5, 2026, within early 2026 and before the deadline.

  • A
    PNC Financial Services 10-Q filed 2026-05-05 Regulatory filing · published 5 May 2026 · retrieved 11 Oct 2026 · kept permanently by the SEC · fingerprint b792c00a5e0e
    “On January 5, 2026, PNC acquired FirstBank Holding Company including its banking subsidiary, FirstBank, representing $4.2 billion of consideration” ✓ confirmed on the page
  • A
    PNC Financial Services 10-Q filed 2026-08-05 Regulatory filing · published 5 Aug 2026 · retrieved 11 Oct 2026 · kept permanently by the SEC · fingerprint 58272dd6ead1
    “In June 2026, PNC converted approximately 780,000 customers, more than 1,620 employees and 95 branches across Colorado and Arizona, merging FirstBank into PNC Bank.” ✓ confirmed on the page

Market reaction: the shares moved -1.3% against the S&P 500 over the three sessions around the disclosure (4 May 2026 to 7 May 2026). What this measures

Checked 11 Oct 2026.

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type
Acquisition close
Indicative materiality
High rules
Action
Close
Deliverable
Acquisition of FirstBank Holding Company
Language
Expected (“expects”, “plans”)
In the company’s control
Low
Specificity
Medium
Conditional
Yes: subject to receipt of all required approvals; other customary closing conditions
Depends on
Regulatory, Government, Counterparty

How this entry was checked

  1. Commitment recordedThe company's words were matched word for word against the filing.
  2. First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
  3. Second check: agreesA different AI model, Gemini (Google), re-read the evidence without being told the outcome and reached the same answer.

Confirmed. This outcome counts towards the company's Kept Score. How verification works

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Report an error in this entry Reference: KI-C-2025-PNC-007021 · Corrections policy

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