First Citizens Bancshares Inc (FCNCA) Financial Statements
Industry: State Commercial Banks
In fiscal 2025, First Citizens Bancshares reported revenue of $9.54B, down 2.2% from $9.76B the year before. Net income was $2.21B (a 23.1% net margin), or $165.24 per diluted share. Net interest income was $6.81B, and the efficiency ratio (noninterest expense / revenue) was 63.5%. Operating activities generated $2.92B of cash, leaving $2.21B of free cash flow. At fiscal year end, First Citizens Bancshares held $229.70B in total assets against $207.46B in total liabilities.
Open the full interactive First Citizens Bancshares financials → Quarterly statements, key ratios, valuation history and price charts.
First Citizens Bancshares Key Stats
| Share Price | $2,075.12 |
|---|---|
| Market Cap | $23.94B |
| P/E Ratio | 12.6 |
| Dividend Yield | 0.77% |
| Revenue YoY Growth | -2.2% |
| 52-Week Range | $1,631.87 – $2,289.14 |
| Shares Outstanding | 11.5 million (basic, 2026 Q2) |
First Citizens Bancshares Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Net Interest Income | $1.39B | $1.39B | $2.95B | $6.71B | $7.14B | $6.81B |
| Provision for Credit Losses | $58.4M | -$36.8M | $645.0M | $1.38B | $431.0M | $514.0M |
| Noninterest Income | $476.8M | $508.0M | $2.14B | $12.07B | $2.62B | $2.73B |
| Noninterest Expense | $1.19B | $1.23B | $3.08B | $5.33B | $5.74B | $6.06B |
| Revenue | $1.86B | $1.90B | $5.08B | $18.79B | $9.76B | $9.54B |
| Pre-Tax Income | $617.9M | $701.7M | $1.36B | $12.08B | $3.59B | $2.97B |
| Income Tax | $126.2M | $154.2M | $264.0M | $611.0M | $815.0M | $765.0M |
| Net Income | $491.7M | $547.5M | $1.10B | $11.47B | $2.78B | $2.21B |
| Diluted EPS | — | — | $67.40 | $784.51 | $189.41 | $165.24 |
First Citizens Bancshares Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $2.43B | $2.44B | $2.31B | $2.43B |
| Net Income | $568.0M | $580.0M | $534.0M | $672.0M |
| Diluted EPS | $43.08 | $44.61 | $42.63 | $55.52 |
First Citizens Bancshares Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | — | $9.03B | — | — | — | — |
| Loans (Net) | $32.57B | $32.19B | $69.86B | $131.56B | $138.54B | $146.36B |
| Total Assets | $49.96B | $58.31B | $109.30B | $213.76B | $223.72B | $229.70B |
| Deposits | $43.43B | $51.41B | $89.41B | $145.85B | $155.23B | $161.58B |
| Total Long-Term Debt | $1.25B | $1.19B | $4.46B | $37.17B | $36.68B | $35.78B |
| Total Liabilities | $45.73B | $53.57B | $99.64B | $192.50B | $201.49B | $207.46B |
| Shareholders' Equity | $4.23B | $4.74B | $9.66B | $21.25B | $22.23B | $22.24B |
First Citizens Bancshares Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $340.0M | -$283.8M | $2.79B | $2.66B | $2.99B | $2.92B |
| Cash From Investing | -$9.87B | -$7.57B | $75.0M | $2.43B | -$10.15B | -$5.61B |
| Cash From Financing | $9.52B | $7.83B | -$2.69B | -$4.70B | $7.07B | $2.67B |
| Free Cash Flow | $206.6M | -$391.1M | $2.64B | $2.25B | $2.56B | $2.21B |
| Dividends Paid | — | — | $83.0M | $117.0M | $158.0M | $161.0M |
Figures from First Citizens Bancshares' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full First Citizens Bancshares financials page for every line item.
First Citizens Bancshares Company Profile
| Ticker | FCNCA |
|---|---|
| Exchange | Nasdaq, OTC |
| Industry | State Commercial Banks |
| Headquarters | Raleigh, North Carolina |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000798941 |
Frequently Asked Questions
What was First Citizens Bancshares' revenue in fiscal 2025?
First Citizens Bancshares (FCNCA) reported revenue of $9.54B for fiscal 2025.
What is First Citizens Bancshares' annual revenue history?
First Citizens Bancshares' annual revenue by fiscal year: 2020: $1.86B; 2021: $1.90B; 2022: $5.08B; 2023: $18.79B; 2024: $9.76B; 2025: $9.54B.
What was First Citizens Bancshares' net income in fiscal 2025?
First Citizens Bancshares reported net income of $2.21B for fiscal 2025.
What was First Citizens Bancshares' earnings per share (EPS) in fiscal 2025?
First Citizens Bancshares' diluted EPS was $165.24 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did First Citizens Bancshares generate in fiscal 2025?
First Citizens Bancshares generated $2.21B of free cash flow in fiscal 2025.
What was First Citizens Bancshares' revenue last quarter?
In its most recent reported quarter (2026 Q2), First Citizens Bancshares reported revenue of $2.43B.
How much debt does First Citizens Bancshares have?
First Citizens Bancshares reported $35.78B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of First Citizens Bancshares are outstanding?
First Citizens Bancshares reported a weighted average of 11.5 million basic shares outstanding in 2026 Q2.
What is First Citizens Bancshares' market cap?
Based on its latest closing price, First Citizens Bancshares (FCNCA) has a market capitalization of about $23.94B.
When does First Citizens Bancshares' fiscal year end?
First Citizens Bancshares' fiscal year end, as registered with the SEC, is December 31.
Where is First Citizens Bancshares headquartered?
First Citizens Bancshares lists its business address in Raleigh, North Carolina in its SEC filings.