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FIRST CITIZENS BANCSHARES INC /DE/

CIK: 798941 SIC: 6022
$6.81B
Net Interest Income
$2.21B
Net Income
63.5%
Efficiency Ratio
2.97%
Net Int. Margin
9.9%
ROE
Financial Statements Annual (10-K)
Showing 16 of 16 annual reports available (2010 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
Interest Income $11.78B $11.78B $12.35B $10.39B $3.41B $1.45B $1.48B $1.40B $1.25B $1.10B $987.76M $969.21M $760.45M $796.80M $1.00B $1.02B $969.37M
Interest Expense $4.96B $4.96B $5.21B $3.68B $467.00M $60.68M $95.86M $92.64M $36.86M $43.79M $43.08M $44.30M $50.35M $56.62M $90.15M $144.19M $195.12M
Net Interest Income $6.81B $6.81B $7.14B $6.71B $2.95B $1.39B $1.39B $1.31B $1.21B $1.06B $944.67M $924.90M $710.10M $740.19M $914.69M $870.97M $774.24M
Provision for Credit Losses $937.00M $514.00M $431.00M $1.38B $645.00M $-37.00M $58.00M - - - - - - - - - -
Net Interest Income After Provision - - - - $2.30B $1.43B $1.33B $1.28B $1.18B $1.03B $911.73M $904.24M $709.46M $772.44M $771.80M $638.69M $630.72M
Non-Interest Income $2.73B $2.73B $2.62B $12.07B $2.14B $508.00M $476.75M $415.86M $400.15M $641.03M $488.07M $467.09M $340.43M $263.60M $189.30M $464.37M $406.21M
Asset Management Fees - - - - - - - - - - - - - - $57.24M $54.97M $51.38M
Other Non-Interest Income $160.00M $160.00M $148.00M $120.00M $97.00M $9.45M $7.45M $18.43M $26.04M $47.84M $34.17M $36.36M $29.28M $45.97M $-1.23M $23.44M $7.43M
+ Total Revenue - $9.54B $9.76B $18.79B - - - - - - - - - - - - -
Revenue Growth % nan% -2.2% -48.1% nan% nan% nan% nan% nan% nan% nan% nan% nan% nan% nan% nan% nan% nan%
Non-Interest Expense $6.06B $6.06B $5.74B $5.33B $3.08B $1.23B $1.19B $1.10B $1.08B $1.13B $1.05B $1.04B $846.29M $771.38M $766.93M $792.92M $733.38M
Compensation & Benefits $3.29B $3.29B $3.08B $2.64B $1.40B $759.00M $722.00M - - - - - - - - - -
Occupancy Expense $238.00M $238.00M $242.00M $244.00M $194.00M $117.18M $117.17M $111.18M $109.17M $104.69M $102.61M $98.19M $86.78M $75.72M $74.80M $74.83M $72.77M
Technology & Equipment $555.00M $555.00M $504.00M $422.00M $216.00M $119.17M $115.53M $112.29M $102.91M $97.48M $92.50M $92.64M $79.08M $75.55M $74.82M $69.95M $66.89M
Professional Fees $115.00M $115.00M $121.00M $73.00M $57.00M $20.00M $17.00M - - - - - - - - - -
Other Non-Interest Expense $466.00M $466.00M $460.00M $377.00M $237.00M $129.53M $145.12M $139.28M $147.06M $186.20M $200.05M $269.86M $207.84M $193.39M $179.81M $204.94M $187.48M
Income Before Tax $2.97B $2.97B $3.59B $12.08B $1.36B $701.66M $617.88M $592.05M $503.61M $543.70M $351.07M $332.41M $203.59M $264.66M $194.17M $310.13M $303.56M
Income Tax Expense $765.00M $765.00M $815.00M $611.00M $264.00M $154.20M $126.16M $134.68M $103.30M $219.95M $125.58M $122.03M $65.03M $96.97M $59.82M $115.10M $110.52M
+ Net Income $2.21B $2.21B $2.78B $11.47B $1.10B $547.46M $491.72M $457.37M $400.31M $323.75M $225.48M $210.39M $138.56M $167.70M $134.35M $195.03M $193.04M
Net Margin % nan% 23.1% 28.5% 61.0% nan% nan% nan% nan% nan% nan% nan% nan% nan% nan% nan% nan% nan%
Basic EPS 165.45 165.24 189.42 785.14 67.47 53.88 47.50 41.05 33.53 26.96 18.77 17.52 13.56 17.43 13.11 18.80 nan
Diluted EPS 165.45 165.24 189.41 784.51 67.40 53.88 47.50 nan nan nan nan nan nan nan nan nan nan
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
Cash & Due from Banks $801.00M $814.00M $908.00M $518.00M $337.81M $362.05M $376.72M $327.44M $336.15M $539.74M $534.09M $604.18M $533.60M $639.73M $590.80M $460.18M
Interest-Bearing Deposits $19.80B $21.36B $33.61B $5.03B $9.12B - - - - - - - - - - -
Investment Securities - AFS $31.79B $33.75B $19.94B $8.99B $9.20B $7.01B $7.06B $4.56B $7.18B - - - - - - -
Investment Securities - HTM - - - - $3.81B $2.82B $31.00M $2.18B $76.00K $98.00K $255.00K $518.00K $907.00K $1.34M $1.82M $2.53M
Loans & Leases (Gross) $147.93B $140.22B $133.30B $70.78B $32.37B $32.79B $28.88B $25.52B $23.60B $21.74B $20.24B $18.77B $13.13B - - -
Loans & Leases (Net) $146.36B $138.54B $131.56B $69.86B $32.19B $32.57B $28.66B $25.30B $23.37B $21.52B $20.03B $18.56B $12.90B $13.07B $13.67B $13.26B
Goodwill & Intangibles $346.00M $346.00M $346.00M $346.00M $346.06M $350.30M $349.40M $236.35M $150.60M $150.60M $139.77M $139.77M $102.62M $102.62M $102.62M $102.62M
Premises & Equipment - - - - $1.23B $1.25B $1.24B $1.20B $1.14B $1.13B $1.14B $1.13B $876.52M $882.77M $854.48M $842.75M
Other Assets $7.52B $6.74B $5.86B $4.37B $1.66B $783.95M $610.89M $433.60M $686.37M $471.41M $417.39M $394.03M $263.80M $367.61M $286.43M $258.52M
Total Assets $229.70B $223.72B $213.76B $109.30B $58.31B $49.96B $39.82B $35.41B $34.53B $32.99B $31.48B $30.08B $21.20B $21.28B $20.88B $20.81B
Total Deposits $161.58B $155.23B $145.85B $89.41B $51.41B $43.43B $34.43B $30.67B $29.27B $28.16B $26.93B $25.68B $17.87B $18.09B $17.58B $17.64B
Short-term Borrowings $224.00M $367.00M $485.00M $2.19B $589.00M - - - - - - - - $568.50M $615.22M $546.60M
Long-term Debt $35.78B $36.68B $37.17B $4.46B $1.20B - - - - - - - - $444.92M $687.60M $809.95M
Other Liabilities $8.73B $8.20B $7.91B $2.59B $381.33M $391.55M $367.81M $249.44M $261.78M $283.63M $247.73M $253.90M $116.78M $218.55M $140.27M $81.89M
Total Liabilities $207.46B $201.49B $192.50B $99.64B $53.57B $45.73B $36.24B $31.92B $31.19B $29.98B $28.60B $27.39B $19.12B $19.42B $19.02B $19.07B
Retained Earnings $20.77B $19.36B $16.74B $5.39B $4.38B $3.87B $3.66B $3.22B $2.79B $2.48B $2.27B $2.07B $1.95B $1.79B $1.77B $1.62B
AOCI $83.00M $-445.00M $-491.00M $-735.00M $9.78M $12.26M $-126.72M $-235.19M $-122.29M $-135.19M $-64.44M $-52.98M $-25.27M $-82.11M $-66.57M $-36.53M
Total Stockholders Equity $22.24B $22.23B $21.25B $9.66B $4.74B $4.23B $3.59B $3.49B $3.33B $3.01B $2.87B $2.69B $2.08B $1.86B $1.86B $1.73B
Total Liabilities & Equity $229.70B $223.72B $213.76B $109.30B $58.31B $49.96B $39.82B $35.41B $34.53B $32.99B $31.48B $30.08B $21.20B $21.28B $20.88B $20.81B
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
Net Income $2.69B $2.21B $2.78B $11.47B $1.10B $547.46M $491.72M $457.37M $400.31M $323.75M $225.48M $210.39M $138.56M $167.70M $134.35M $195.03M $193.04M
Provision for Credit Losses $937.00M $514.00M $431.00M $1.38B $645.00M $-37.00M $58.00M - - - - - - - - - -
Depreciation & Amortization - $314.00M $276.00M $225.00M - - - - - - - - - - - - -
Deferred Taxes $-225.00M $-111.00M $6.00M $-165.00M $206.00M $-7.59M $-25.54M $54.60M $-13.38M $125.84M $33.15M $550.00K $-33.34M $47.89M $-35.27M $-16.64M $-41.38M
Stock-based Compensation - - - $5.00M $19.00M - - - - - - - - - - - -
Other Operating Adjustments $-128.00M $-68.00M $1.00M $-21.00M $-36.00M $-13.00M $-12.00M - - - - - - - - - -
Operating Cash Flow $3.98B $2.92B $2.99B $2.66B $2.79B $-283.78M $340.01M $540.57M $457.34M $355.26M - - - - - - $146.74M
Purchases of Securities $18.73B $13.97B $22.49B $12.84B $1.99B $6.38B $8.67B $4.71B $1.45B $3.65B $4.09B - - - - - -
Sales of Securities $6.21B $3.82B $1.49B $495.00M $2.00M $1.37B $4.59B $2.31B $151.75M $1.35B $1.83B - - - - - -
Maturities of Securities $16.86B $12.99B $7.45B $2.08B $1.24B $2.45B $2.79B $2.35B $1.56B $1.84B $2.15B $1.48B $2.48B $2.44B $3.99B $4.00B $2.59B
Net Change in Loans $11.80B $9.11B $7.48B $-6.06B $5.34B $-423.00M $3.85B $1.28B $1.02B $1.21B $1.21B $1.31B $814.37M $-323.44M $-627.81M $-473.97M $-926.12M
Capital Expenditures $1.04B $710.00M $429.00M $405.00M $155.00M $107.37M $133.38M $121.08M $140.44M $84.80M $81.84M $89.73M $82.71M $66.04M $88.88M $76.90M $70.84M
Acquisitions - - - - $-134.00M - $60.00M $236.73M $155.13M $-304.82M $727.00K $-123.14M $-182.37M - - - -
Investing Cash Flow $-15.93B $-5.61B $-10.15B $2.43B $75.00M $-7.57B $-9.87B $-1.56B $97.57M $-668.67M - - - - - - $-129.60M
Net Change in Short-term Borrowings - - - - - $-52.39M $-96.75M $-27.70M $-246.52M $-44.68M $-33.07M $-397.95M $-25.32M $-57.09M $-101.72M $-283.44M $-500.22M
Long-term Debt Issued $4.32B $1.84B - $9.99B $3.85B - $400.00M $200.00M $125.00M $175.00M $150.00M $350.00M - $70.00M $310.00K - -
Long-term Debt Repaid $3.20B $2.85B $450.00M $13.12B $5.10B $54.00M $87.00M - - - - - - - - - -
Preferred Stock Issued - $494.00M - - - - $339.94M - - - - - - - - - -
Common Stock Repurchased $4.88B $3.03B $1.65B - $1.24B - $333.75M $453.12M $163.09M - - - - $321.00K $103.62M $24.39M -
Dividends Paid $285.00M $161.00M $158.00M $117.00M $83.00M $42.00M $30.00M $18.14M $16.78M $10.81M $14.41M $18.02M $11.54M $8.66M $15.40M $12.50M $12.52M
Financing Cash Flow $12.01B $2.67B $7.07B $-4.70B $-2.69B $7.83B $9.52B $1.07B $-563.62M $109.82M - - - - - - $-37.20M
Net Change in Cash $60.00M $-13.00M $-94.00M $390.00M $180.00M $-24.23M $-14.67M $49.28M $-8.71M - - - - - - - -
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Interest Expense $1.26B $1.34B $3.66B $4.00B
Income Before Tax $751.00M $873.00M $2.16B $2.86B
Income Tax Expense $183.00M $234.00M $534.00M $779.00M
Net Income $568.00M $639.00M $1.63B $2.08B
Basic EPS 43.08 43.42 119.70 140.27
Diluted EPS 43.08 43.42 119.70 140.26
Basic Shares Outstanding $12.85M $14.38M $13.22M $14.48M
Diluted Shares Outstanding $12.85M $14.38M $13.22M $14.48M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Goodwill $346.00M $346.00M
Intangible Assets $208.00M $249.00M
Total Assets $233.49B $223.72B
Short-term Debt $423.00M $367.00M
Long-term Debt $38.25B $36.68B
Total Liabilities $211.50B $201.49B
Retained Earnings $20.87B $19.36B
Total Stockholders Equity $21.99B $22.23B
Total Liabilities & Equity $233.49B $223.72B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $568.00M $639.00M $1.63B $2.08B
Deferred Income Tax - - $-104.00M $-127.00M
Operating Cash Flow - - $1.87B $1.87B
Capital Expenditure - - $467.00M $301.00M
Purchases of Investments - - - $6.00M
Sales of Investments - - $5.80B $5.04B
Investing Cash Flow - - $-9.24B $-6.41B
Debt Repayment - - $355.00M $348.00M
Stock Repurchased - - $2.13B $700.00M
Dividends Paid - - $121.00M $116.00M
Financing Cash Flow - - $7.43B $4.50B
Net Change in Cash - - $60.00M $-46.00M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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