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First Citizens BancShares First Quarter 2025 Earnings: Misses Expectations
Mon 12 May 25, 10:24 AMFirst Citizens BancShares, Inc. (FCNCA): Among Stocks with Consistent Growth to Buy Now
Sun 27 Apr 25, 07:28 PMQ1 2025 First Citizens BancShares Inc (Delaware) Earnings Call
Fri 25 Apr 25, 04:09 AMFirst Citizens (FCNCA) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
Thu 24 Apr 25, 01:30 PMFirst Citizens BancShares (FCNCA) Tops Q1 Earnings and Revenue Estimates
Thu 24 Apr 25, 11:45 AMFirst Citizens BancShares Reports First Quarter 2025 Earnings
Thu 24 Apr 25, 10:32 AMFIRST CITIZENS BANCSHARES DECLARES DIVIDENDS
Thu 24 Apr 25, 10:30 AM| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 2971.00M | 3592.00M | 12077.00M | 1362.00M | 701.66M |
| Minority interest | - | - | - | - | - |
| Net income | 2206.00M | 2777.00M | 11466.00M | 1098.00M | 547.46M |
| Selling general administrative | 4106.00M | 3435.00M | 3016.00M | 1616.00M | 772.99M |
| Selling and marketing expenses | 142.00M | 76.00M | 102.00M | 53.00M | 9.76M |
| Gross profit | 8907.00M | 9299.00M | 7584.00M | 2546.00M | 1838.59M |
| Reconciled depreciation | 405.00M | 130.00M | 122.00M | 533.00M | 132.17M |
| Ebit | 2971.00M | 3592.00M | 12077.00M | 2775.00M | 701.66M |
| Ebitda | 3398.00M | 3722.00M | 12020.00M | 3308.00M | 833.83M |
| Depreciation and amortization | 427.00M | 130.00M | -57.00000M | 533.00M | 132.17M |
| Non operating income net other | - | - | - | - | - |
| Operating income | 2971.00M | 3592.00M | 12077.00M | 2775.00M | 701.66M |
| Other operating expenses | 11526.00M | 11348.00M | 561.00M | 110.00M | -1136.93200M |
| Interest expense | 4964.00M | 5210.00M | 3679.00M | 467.00M | 60.68M |
| Tax provision | 765.00M | 815.00M | 547.00M | 264.00M | 154.20M |
| Interest income | 11778.00M | 12353.00M | 8314.00M | 3413.00M | 1451.01M |
| Net interest income | 6814.00M | 7143.00M | 5603.00M | 2946.00M | 1390.33M |
| Extraordinary items | - | - | - | - | - |
| Non recurring | - | - | - | - | - |
| Other items | - | - | - | - | - |
| Income tax expense | 765.00M | 815.00M | 611.00M | 264.00M | 154.20M |
| Total revenue | 14497.00M | 14940.00M | 12638.00M | 4541.00M | 1838.59M |
| Total operating expenses | 5936.00M | 5707.00M | -4493.00000M | 110.00M | -1136.93200M |
| Cost of revenue | 5590.00M | 5641.00M | 5054.00M | 1995.00M | - |
| Total other income expense net | - | 2544.00M | 8746.00M | -1413.00000M | -60.67600M |
| Discontinued operations | - | - | - | - | - |
| Net income from continuing ops | 2206.00M | 2777.00M | 11209.00M | 1098.00M | 547.46M |
| Net income applicable to common shares | - | - | - | 1048.00M | 528.91M |
| Preferred stock and other adjustments | - | - | - | 50.00M | 18.54M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 229698.00M | 223720.00M | 215155.00M | 109298.00M | 58308.14M |
| Intangible assets | 195.00M | 276.00M | 337.00M | 165.00M | 43.09M |
| Earning assets | - | - | - | - | - |
| Other current assets | 804.00M | - | 36203.00M | 389.00M | 15670.37M |
| Total liab | 207460.00M | 201492.00M | 193988.00M | 99636.00M | 1194.38M |
| Total stockholder equity | 22238.00M | 22228.00M | 21255.00M | 9662.00M | 4737.24M |
| Deferred long term liab | - | - | - | - | - |
| Other current liab | 162726.00M | 155229.00M | 109481.00M | 1798.00M | 51406.09M |
| Common stock | 12.00M | 14.00M | 15.00M | 15.00M | 9.82M |
| Capital stock | 1387.00M | 895.00M | 896.00M | 896.00M | 349.75M |
| Retained earnings | 20768.00M | 19361.00M | 16742.00M | 5392.00M | 4377.71M |
| Other liab | - | - | - | 1380.00M | 381.33M |
| Good will | 346.00M | 346.00M | 346.00M | 346.00M | 346.06M |
| Other assets | - | 216714.00M | 210231.00M | 87672.00M | 15670.37M |
| Cash | 20602.00M | 22178.00M | 34517.00M | 5543.00M | 337.81M |
| Cash and equivalents | - | - | - | - | - |
| Total current liabilities | 162950.00M | 155730.00M | 111571.00M | 3548.00M | 477.56M |
| Current deferred revenue | - | - | - | - | - |
| Net debt | 15406.00M | 15230.00M | 4018.00M | 666.00M | 856.56M |
| Short term debt | 224.00M | 367.00M | 1001.00M | 1750.00M | 477.56M |
| Short long term debt | - | - | 0.00000M | 1750.00M | - |
| Short long term debt total | 36008.00M | 37408.00M | 38535.00M | 6209.00M | 1194.38M |
| Other stockholder equity | - | 2417.00M | 4108.00M | 4109.00M | 349.75M |
| Property plant equipment | - | - | - | 8156.00M | 1233.42M |
| Total current assets | 168002.00M | 59576.00M | 36203.00M | 518.00M | 18790.14M |
| Long term investments | 44686.00M | 46733.00M | 32154.00M | 60.00M | 22225.07M |
| Net tangible assets | - | - | - | 8295.00M | 4008.16M |
| Short term investments | 232.00M | 33908.00M | 19936.00M | 8995.00M | 18318.09M |
| Net receivables | 146364.00M | 3490.00M | 3209.00M | 2873.00M | 134.24M |
| Long term debt | 35712.00M | 36669.00M | 37160.00M | 6645.00M | 1194.38M |
| Inventory | - | - | -4201.00000M | 47.00M | 39.33M |
| Accounts payable | 140.00M | 134.00M | 1089.00M | 89408.00M | 51406.09M |
| Total permanent equity | - | - | - | - | - |
| Noncontrolling interest in consolidated entity | - | - | - | - | - |
| Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
| Accumulated other comprehensive income | 83.00M | -445.00000M | -491.00000M | -735.00000M | 9.78M |
| Additional paid in capital | - | - | - | - | - |
| Common stock total equity | - | - | - | 15.00M | 9.82M |
| Preferred stock total equity | - | - | - | 881.00M | 339.94M |
| Retained earnings total equity | - | - | - | 5392.00M | 4377.71M |
| Treasury stock | - | - | - | - | - |
| Accumulated amortization | - | - | - | - | - |
| Non currrent assets other | 7523.00M | 1618.00M | 129395.00M | -9708.00000M | -23847.63500M |
| Deferred long term asset charges | - | - | - | - | - |
| Non current assets total | 61696.00M | 164144.00M | 178952.00M | 21108.00M | 23847.63M |
| Capital lease obligations | 401.00M | 372.00M | 405.00M | 7.00M | 4.31M |
| Long term debt total | - | - | - | 6645.00M | 549.72M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | 3454.00M | -10155.00000M | 2057.00M | 1200.00M | -7884.60800M |
| Change to liabilities | - | - | - | 260.00M | -726.38000M |
| Total cashflows from investing activities | -5611.00000M | -10155.00000M | 2429.00M | 75.00M | -7568.42600M |
| Net borrowings | -1012.00000M | -450.00000M | -4879.00000M | 352.00M | -106.71800M |
| Total cash from financing activities | 2675.00M | 7073.00M | -4699.00000M | -2686.00000M | 7827.98M |
| Change to operating activities | - | - | - | 744.00M | -21.20700M |
| Net income | 2206.00M | 2777.00M | 11466.00M | 1098.00M | 547.46M |
| Change in cash | -13.00000M | -94.00000M | 390.00M | 180.00M | -24.23400M |
| Begin period cash flow | 814.00M | 908.00M | 518.00M | 338.00M | 362.05M |
| End period cash flow | 801.00M | 814.00M | 908.00M | 518.00M | 337.81M |
| Total cash from operating activities | 2923.00M | 2988.00M | 2660.00M | 2791.00M | -283.78300M |
| Issuance of capital stock | 494.00M | 0.00000M | 0.00000M | 0.00000M | 0.00000M |
| Depreciation | 405.00M | 130.00M | -57.00000M | 533.00M | 132.17M |
| Other cashflows from investing activities | -7200.00000M | 5153.00M | 12975.00M | -199.00000M | 423.55M |
| Dividends paid | 161.00M | 158.00M | 117.00M | -83.00000M | -41.61200M |
| Change to inventory | - | - | - | - | - |
| Change to account receivables | - | - | - | - | - |
| Sale purchase of stock | -3027.00000M | -1648.00000M | -448.00000M | -1240.00000M | 0.00000M |
| Other cashflows from financing activities | 6524.00M | 9329.00M | 297.00M | 5244.00M | 7976.31M |
| Change to netincome | - | - | - | 927.00M | -199.95000M |
| Capital expenditures | 852.00M | 1535.00M | 1428.00M | 926.00M | 107.37M |
| Change receivables | - | - | - | - | 11.46M |
| Cash flows other operating | - | - | - | -27.00000M | -59.68700M |
| Exchange rate changes | - | - | - | - | - |
| Cash and cash equivalents changes | - | - | - | 180.00M | -24.23400M |
| Change in working capital | -112.00000M | -529.00000M | -173.00000M | 744.00M | -727.83300M |
| Stock based compensation | 0.00000M | 0.00000M | 5.00M | 19.00M | -125.60300M |
| Other non cash items | 535.00M | 604.00M | -8416.00000M | 191.00M | -102.38700M |
| Free cash flow | 2071.00M | 1453.00M | 1232.00M | 1865.00M | -391.15000M |
Sector: Financial Services Industry: Banks - Regional
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) |
|---|---|---|---|---|---|---|---|
| FCNCA First Citizens BancShares, Inc. |
27.81 1.36% | 2075.13 | 12.47 | 12.58 | 2.69 | 1.17 | 6.61 |
| HDB HDFC Bank Limited ADR |
-0.535 2.23% | 23.50 | 20.81 | 20.96 | 0.11 | 4.77 | |
| CIHKY China Merchants Bank Co Ltd |
0.12 0.39% | 30.56 | 7.78 | 7.65 | 0.56 | 0.90 | 3.62 |
| DBSDF DBS Group Holdings Ltd |
0.38 0.76% | 50.48 | 15.29 | 14.41 | 5.84 | 2.36 | 10.40 |
| CIHHF China Merchants Bank Co Ltd Class H |
- -% | 5.92 | 6.10 | 5.67 | 0.44 | 0.77 | 3.43 |
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 in the United States and internationally. It operates through the General Bank, Commercial Bank, and Rail segments. The General Bank segment offers deposit products, including checking, savings, money market, and time deposit accounts; conforming and jumbo residential mortgage, and business and commercial loans; brokerage, investment advisory, private stock loans, other secured and unsecured lending products, and vineyard development loans; planning-based financial strategies, family office, financial planning, tax planning, and trust services; and payment and treasury services. This segment also includes a community association bank business that supports deposit, cash management, and lending to homeowner associations and property management companies. Its Commercial Bank segment provides a range of leasing, capital markets, asset management, and other financial and advisory services; factoring, receivable management, supply chain financing, and secured financing services; and commercial deposit products and services through online and mobile banking platforms, as well as physical locations. The Rail segment offers customized leasing and financing solutions on a fleet of railcars and locomotives to railroads and shippers. Its railcar types include covered hopper cars used to ship grain and agricultural products, plastic pellets, sand, and cement; tank cars for energy products and chemicals; gondolas for coal, steel coil and mill service products; open-top hopper cars for coal and aggregates; boxcars for paper and auto parts; and centerbeams and flat cars for lumber. First Citizens BancShares, Inc. was founded in 1898 and is headquartered in Raleigh, North Carolina.
4300 Six Forks Road, Raleigh, NC, United States, 27609
| Name | Title | Year Born |
|---|---|---|
| Mr. Frank Brown Holding Jr. | Chairman & CEO | 1961 |
| Ms. Hope Holding Bryant | Vice Chairwoman & Corp. Sales Exec. | 1963 |
| Mr. Peter McDonald Bristow | Pres, Corp. Sales Exec. & Director | 1966 |
| Mr. Craig Lockwood Nix | CFO & Principal Accounting Officer | 1972 |
| Ms. Lorie King Rupp | Chief Risk Officer | 1965 |
| Ms. Deanna W. Hart | Sr. VP of Investor Relations | 1978 |
| Mr. Matthew G. T. Martin | Chief Counsel & Corp. Sec. | NA |
| Ms. Barbara Thompson | Director of Corp. Communications & Brand Marketing | NA |
| Mr. West Ludwig | Exec. VP & Chief HR Officer | 1969 |
| Mr. Jeffery L. Ward | Chief Strategy Officer | 1961 |
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