FIRST CITIZENS BANCSHARES INC /DE/ (FCNCA)
As-reported financials and SEC filings for FIRST CITIZENS BANCSHARES INC /DE/. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.
About FIRST CITIZENS BANCSHARES INC /DE/
First Citizens BancShares Inc operates as a bank holding company with its primary banking subsidiary, First-Citizens Bank & Trust Company. It provides a range of financial services including deposit products, loans, wealth management, private banking, and commercial lending to individuals, businesses, and professionals across the Southeast, Mid-Atlantic, Midwest, and Western United States. The company also offers investment products and services through its subsidiaries and operates a nationwide digital banking platform.
Snapshot
Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.
What changed at First Citizens Bancshares Inc /de/
- Revenue fell 2.2% to $9.5B in FY2025, after a 48.1% decline the year before.
- Most recent quarter Q2 FY2026: revenue $2.4B, up 2.5% from Q2 FY2025.
- Free cash flow was $2.2B in FY2025, 23.2% of revenue.
- Net income fell 20.6% to $2.2B in FY2025.
Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.
Peer comparison
Where First Citizens Bancshares Inc /de/’s fundamentals sit among the 76 banks. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).
First Citizens Bancshares Inc /de/’s long-term debt to equity of 1.61 is the highest of the 38 banks reporting it. First Citizens Bancshares Inc /de/’s revenue growth of -2.2% ranks in the 3rd percentile of the 76 banks reporting it.
38 reported insider purchases (code P) totaling $2.0M in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →
Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.
Institutional ownership
Held by 5 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).
| Investor | As of | Position value | Shares | Change |
|---|---|---|---|---|
| Harris Associates (Oakmark) | Q2 2026 | $1.91B | 919.3K | Reduced |
| Dodge & Cox | Q2 2026 | $841.1M | 404.2K | Added |
| Coatue Management | Q2 2026 | $290.3M | 139.5K | Held |
| D. E. Shawquant | Q2 2026 | $155.3M | 74.6K | Added |
| Millennium Managementquant | Q2 2026 | $119.3M | 57.3K | Added |
| Renaissance Technologiesquant | Q2 2026 | $48.0M | 23.1K | Added |
| Bridgewater Associates | Q2 2026 | $13.0M | 6.2K | Reduced |
| Citadel Advisorsquant | Q2 2026 | $11.9M | 5.7K | Reduced |
| Two Sigma Investmentsquant | Q2 2026 | $11.2M | 5.4K | Added |
| AQR Capital Managementquant | Q2 2026 | $10.3M | 5.0K | Reduced |
| Gotham Asset Management | Q2 2026 | $374,542 | 180 | Held |
From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.
Recent insider activity
Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4. Multiple insiders have bought recently (a cluster buy).
| Trade date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
2026-08-19 filed 2026-08-20 | Morais Diane E.Director | Buy | 46 | $2168.13 | $100K |
2026-08-19 filed 2026-08-20 | Morais Diane E.Director | Buy | 4 | $2167.80 | $9K |
2026-06-05 filed 2026-06-08 | HOLDING FRANK B JRChairman and CEO | Buy | 150 | $1840.00 | $276K |
2026-06-05 filed 2026-06-08 | HOLDING FRANK B JRChairman and CEO | Buy | 111 | $1898.00 | $211K |
2026-06-05 filed 2026-06-08 | HOLDING FRANK B JRChairman and CEO | Buy | 96 | $1800.00 | $173K |
2026-06-05 filed 2026-06-08 | HOLDING FRANK B JRChairman and CEO | Buy | 60 | $1860.00 | $112K |
2026-06-05 filed 2026-06-08 | HOLDING FRANK B JRChairman and CEO | Buy | 61 | $1798.99 | $110K |
2026-06-05 filed 2026-06-08 | HOLDING FRANK B JRChairman and CEO | Buy | 47 | $2050.00 | $96K |
2026-06-05 filed 2026-06-08 | HOLDING FRANK B JRChairman and CEO | Buy | 50 | $1836.13 | $92K |
2026-06-05 filed 2026-06-08 | HOLDING FRANK B JRChairman and CEO | Buy | 50 | $1743.80 | $87K |
2026-06-05 filed 2026-06-08 | HOLDING FRANK B JRChairman and CEO | Buy | 43 | $1970.00 | $85K |
2026-06-05 filed 2026-06-08 | HOLDING FRANK B JRChairman and CEO | Buy | 41 | $1853.92 | $76K |
Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.
Short interest
Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 2026-08-14 | 419.9K | -7.1% | 8.60 |
| 2026-07-31 | 452.0K | -11.7% | 5.30 |
| 2026-07-15 | 511.8K | -1.0% | 6.28 |
| 2026-06-30 | 516.9K | -12.1% | 5.11 |
| 2026-06-15 | 588.0K | +0.2% | 7.55 |
| 2026-05-29 | 586.7K | +8.0% | 8.67 |
| 2026-05-15 | 543.4K | -1.2% | 10.39 |
| 2026-04-30 | 549.9K | -3.6% | 7.43 |
Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.
Bank fundamentals
Regulatory detail for First-Citizens Bank & Trust Company (Raleigh, NC), the insured-bank subsidiary, from its FDIC Call Report as of Q1 2026. This is what actually moves bank stocks: deposit franchise, capital, and credit quality that a standard income statement can’t show.
Source: FDIC BankFind (Call Report). Bank-subsidiary figures, filed quarterly ~30 days after quarter-end.
Income statement (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $9.54B | $9.76B | $18.79B | $5.08B | $1.90B |
| Gross profit | — | — | — | — | — |
| Operating income | — | — | — | — | — |
| Net income | $2.21B | $2.78B | $11.47B | $1.10B | $547.0M |
| Diluted EPS | $165.24 | $189.41 | $784.51 | $67.40 | $53.88 |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Balance sheet (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | $801.0M | $814.0M | $908.0M | $518.0M | $338.0M |
| Current assets | — | — | — | — | — |
| Total assets | $229.70B | $223.72B | $213.76B | $109.30B | $58.31B |
| Current liabilities | — | — | — | — | — |
| Long-term debt | $35.78B | $36.68B | $37.17B | $4.46B | $1.20B |
| Total liabilities | $207.46B | $201.49B | $192.50B | $99.64B | $53.57B |
| Total equity | $22.24B | $22.23B | $21.25B | $9.66B | $4.74B |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Cash flow (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Operating cash flow | $2.92B | $2.99B | $2.66B | $2.79B | $-284.0M |
| Capital expenditure | $710.0M | $429.0M | $405.0M | $155.0M | $107.0M |
| Free cash flow | $2.21B | $2.56B | $2.25B | $2.64B | $-391.0M |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Quarterly trend (as reported)
| Quarter | Revenue | Revenue YoY | Net income | Diluted EPS |
|---|---|---|---|---|
| Q2 FY2026 | $2.43B | 2.5% | $672.0M | $55.52 |
| Q1 FY2026 | $2.31B | 0.7% | $534.0M | $42.63 |
| Q4 FY2025 | $2.44B | 1.2% | $580.0M | $46.91 |
| Q3 FY2025 | $2.43B | -0.5% | $568.0M | $43.08 |
| Q2 FY2025 | $2.37B | -3.5% | $575.0M | $42.36 |
| Q1 FY2025 | $2.30B | -6.0% | $483.0M | $34.47 |
| Q4 FY2024 | $2.41B | -1.9% | $700.0M | $50.25 |
| Q3 FY2024 | $2.45B | -6.1% | $639.0M | $43.42 |
Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.
Company facts
Selected SEC filings
Largest bank peers
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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.