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First Citizens BancShares, Inc.

First Citizens BancShares, Inc.

NASDAQ•FCNCA
CEO: Mr. Frank Brown Holding Jr.
Sector: Financial Services
Industry: Banks - Regional
Listing Date: 1986-10-22
First Citizens BancShares, Inc. operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals. The company's deposit products include checking, savings, money market, and time deposit accounts. Its loan product portfolio comprises commercial construction and mortgage; and commercial and industrial leases, as well as small business administration loans. In addition, the company offers consumer loans, such as residential and revolving mortgage, consumer auto, and other consumer loans. Further, it provides wealth management services, including annuities, brokerage services, and third-party mutual funds, as well as investment management and advisory services. The company provides its products and services through its branch network. First Citizens BancShares, Inc. was founded in 1898 and is headquartered in Raleigh, North Carolina.
Contact Information
4300 Six Forks Road, Raleigh, NC, 27609, United States
919-716-7000
www.firstcitizens.com
Market Cap
$25.56B
P/E (TTM)
11.4
14.8
Dividend Yield
0.4%
52W High
$2.41K
52W Low
$1.47K
52W Range
62%
Rank29Top 12.7%
5.6
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.6 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$3.69B-2.35%
4-Quarter Trend

EPS

$43.12-0.67%
4-Quarter Trend

FCF

$1.01B+93.85%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

NII Stable, Provision Rises Net Interest Income increased 2% sequentially to $1.73B; NIM held steady at 3.26% despite lower loan yields.
Asset Quality Pressure Evident Provision for credit losses surged 66% sequentially to $191M, driven by $234M in net charge-offs for the quarter.
Capital Strength Maintained Capital ratios remain robust; BancShares CET1 ratio at 11.65%, exceeding PCA thresholds comfortably as of September 30, 2025.
Deposit and Loan Growth Total deposits grew 5% year-to-date to $163.19B, funding 3% loan growth, resulting in total loans of $144.76B.

Risk Factors

Concentrated Credit Deterioration Elevated net charge-offs driven by an $82M charge-off on a single supply chain finance client in the Commercial Bank segment.
Shared-Loss Agreement Termination Termination of FDIC Shared-Loss Agreement removes favorable RWA assumptions, impacting future capital ratio calculations.
General Office CRE Exposure General Office CRE portfolio shows negative credit quality trends, with delinquencies rising to 9.09% of segment loans.
Rising Funding Costs Expected Increased borrowing costs expected as recent debt issuances will impact interest expense throughout the fourth quarter of 2025.

Outlook

Pending BMO Branch Acquisition Acquisition of 138 BMO branches expected to close mid-2026, adding $5.7B in deposits and $1.1B in loans.
New Share Repurchase Program New $4.0B share repurchase program authorized through 2026, reflecting management confidence in capital deployment strategy.
Macroeconomic Uncertainty Monitoring Monitoring macroeconomic uncertainty from trade tariffs and potential recessionary pressures impacting CRE valuations and credit risk.
Deposit Optimization Focus Management continues to optimize deposit mix, focusing on retaining core funding sources despite competitive pressures and rate changes.

Peer Comparison

Revenue (TTM)

U.S. BancorpUSB
$42.55B
+0.3%
Truist Financial CorporationTFC
$29.76B
+18.9%
Shinhan Financial Group Co., Ltd.SHG
$21.65B
+2.6%

Gross Margin (Latest Quarter)

Shinhan Financial Group Co., Ltd.SHG
100.0%
+56.1pp
Credicorp Ltd.BAP
100.0%
+33.1pp
Citizens Financial Group, Inc.CFG
92.7%
+36.4pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
USB$82.98B11.611.8%11.2%
TFC$64.82B12.77.8%13.1%
HBAN$25.99B11.710.7%8.4%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
0.0%
Moderate Growth
4Q Net Income CAGR
-6.7%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Jan 23, 2026
|
EPS:$44.27
|
Revenue:$2.23B
Reports
All Years

  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Nov 7, 2025|
    Revenue: $3.69B-2.4%
    |
    EPS: $43.12-0.7%
    Meet

  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 8, 2025|
    Revenue: $3.62B-2.3%
    |
    EPS: $42.36-10.9%
    Beat

  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 9, 2025|
    Revenue: $3.53B-4.8%
    |
    EPS: $34.47-30.0%
    Miss

  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 21, 2025|
    Revenue: $14.94B+18.2%
    |
    EPS: $189.42-75.9%
    Beat

  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 7, 2024|
    Revenue: $3.78B+2.2%
    |
    EPS: $43.41-14.4%
    Miss

  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 8, 2024|
    Revenue: $3.71B+6.0%
    |
    EPS: $47.54+3.5%
    Beat

  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 9, 2024|
    Revenue: $3.70B+129.7%
    |
    EPS: $49.27-92.5%
    Beat

  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 23, 2024|
    Revenue: $12.64B+148.0%
    |
    EPS: $785.18+1063.7%
    Beat