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Front Page » Breaking News » Merger with Spanish lender spurs PNC’s growth in Miami

Merger with Spanish lender spurs PNC’s growth in Miami

Written by on May 18, 2021

Merger with Spanish lender spurs PNC’s growth in Miami

PNC Bank’s $11.6 billion acquisition of Spanish lender BBVA – approved Friday – has accelerated its plan to expand into major metropolitan areas across the United States. That includes growing PNC’s presence in Miami-Dade.

PNC in mid-April announced intentions to broaden its footprint here in the county, where it has been doing business for more than 20 years. That includes a “successful retail location in Aventura” and a more recent test of the market in Coral Gables that began in 2018, PNC Southeast Florida President Cressman Bronson told Miami Today.

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