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News  ›  GlobeNewswire Inc.

FirstBank Maintains Strong Financial Position and Growth Momentum Through Third Quarter

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Cody Wheeler
FirstBank Maintains Strong Financial Position and Growth Momentum Through Third Quarter

FirstBank reported strong Q3 2025 financial performance with $216.4 million net income and announced an agreement to be acquired by PNC, expected to close in early 2026. CEO Kevin Classen will become PNC's Colorado Regional President after the acquisition.

Insights
VEU   neutral

Provides broader market coverage including emerging markets, has a slightly lower expense ratio (0.04%), but includes potential geopolitical risks with holdings like Taiwan Semiconductor


FRBA   positive

Reported 37% year-over-year net income increase, strong financial metrics, and strategic acquisition by a larger bank