Machine learning predictions based on historical earnings data and price patterns
1-Day Prediction
+0.16%
$20.26
100% positive prob.
5-Day Prediction
+1.62%
$20.56
100% positive prob.
20-Day Prediction
+2.18%
$20.67
95% positive prob.
SEC 8-K filings with transcript text
Jul 23, 2026 · 100% conf.
1D
+0.16%
$20.26
Act: +0.01%
5D
+1.62%
$20.56
Act: +0.41%
20D
+2.18%
$20.67
2 ex_991earningsrelease-2q20.htm
Document
For Immediate ReleaseContact:Deanna HartAngela English
July 23, 2026Investor RelationsCorporate Communications
919-716-2137803-931-1854
RALEIGH, N.C. -- First Citizens BancShares, Inc. (“BancShares”) (Nasdaq: FCNCA) reported earnings for the second quarter of 2026.
Chairman and CEO Frank B. Holding, Jr. said: “Solid return metrics during the second quarter continued to support our strong capital and liquidity positions, driven by balanced loan and deposit growth, resilient credit quality, and disciplined expense management. Return metrics surpassed both our expectations and first quarter results. We returned $600 million to our stockholders through share repurchases and further optimized our balance sheet by prepaying another $2.5 billion of the Purchase Money Note.”
On October 16, 2025, First-Citizens Bank & Trust Company (“First Citizens Bank”), the wholly owned banking subsidiary of BancShares, announced that it had entered into an agreement to acquire 138 branches from BMO Bank N.A. (“BMO Bank”) located throughout the Midwest, Great Plains and West regions of the U.S. (the “BMO Branch Acquisition”). In connection with the BMO Branch Acquisition, First Citizens Bank expects to assume approximately $5.3 billion in deposits and acquire approximately $700 million in loans. BancShares expects the transaction to be completed during the third quarter of 2026.
Measures referenced below “as adjusted” or “excluding PAA” (or purchase accounting accretion) are non-GAAP financial measures. Refer to the Financial Supplement available at ir.firstcitizens.com or www.sec.gov for a reconciliation of each non-GAAP measure to the most directly comparable GAAP measure.
Net income for the second quarter of 2026 (“current quarter”) was $672 million, compared to $534 million for the first quarter of 2026 (“linked quarter”). Net income available to common stockholders for the current quarter was $640 million, or $55.52 per common share, a $132 million increase from $508 million, or $42.63 per common share, in the linked quarter.
Adjusted net income for the current quarter was $691 million, compared to $560 million for the linked quarter. Adjusted net income available to common stockholders was $659 million, or $57.09 per common share, a $125 million increase from $534 million, or $44.86 per common share, in the linked quarter.
•Net interest income was $1.66 billion for the current quarter, an increase of $35 million from the linked quarter. Net interest income, excluding PAA, was $1.61 billion, an increase of $26 million from the linked quarter.
◦Interest income on loans increased $47 million, mainly due to a higher yield, a higher average balance, and a $7 million increase in loan PAA.
◦Interest expense on borrowings decreased $18 million, mainly due to a decline in the average balance as we repaid an additional $2.5 billion of the Purchase Money Note.
◦Interest income on investment securities increased $17 million due to a higher yield and a higher average balance.
◦Interest expense on interest-bearing deposits increased $48 million due to a higher average balance and a higher rate paid.
1
•Net interest margin (“NIM”) was 3.10% for the current quarter, an increase of 1 basis point from the linked quarter. NIM, excluding PAA, was 3.01% in both the current and linked quarters.
◦The yield on average interest-earning assets was 5.34%, an increase of 4 basis points from the linked quarter, mainly due to higher yields on and average balances of loans and investment securities.
◦The rate paid on average interest-bearing liabilities was 2.95%, an increase of 2 basis points from the linked quarter, primarily due to increases in the average balance of and rate paid on interest-bearing deposits, partially offset by the impact of a lower average balance of borrowings.
•Noninterest income was $776 million, compared to $692 million in the linked quarter, an increase of $84 million. Adjusted noninterest income was $586 million, an increase of $66 million from the linked quarter.
◦The increases in noninterest income and adjusted noninterest income were primarily due to the following:
▪Other noninterest income increased $50 million, mainly attributable to a $27 million increase in the fair value of derivatives and a $17 million gain on sale of tax credit investments.
▪Client investment fees increased $6 million due to higher volume and average balances.
▪Lending-related fees increased $4 million, largely due to line of credit fees.
▪Deposit fees and service charges increased $4 million, largely attributable to overdraft fees.
◦Additionally, the fair value adjustment on marketable equity securities increased $12 million compared to the linked quarter.
•Noninterest expense was
Apr 23, 2026
2 ex_991earningsrelease-1q20.htm
Document
For Immediate ReleaseContact:Deanna HartAngela English
April 23, 2026Investor RelationsCorporate Communications
919-716-2137803-931-1854
RALEIGH, N.C. -- First Citizens BancShares, Inc. (“BancShares”) (Nasdaq: FCNCA) reported earnings for the first quarter of 2026.
Chairman and CEO Frank B. Holding, Jr. said: “We are pleased with our first quarter results highlighted by loan and deposit growth, resilient credit quality, and return metrics exceeding our expectations. During the quarter, we returned an additional $900 million of capital to our stockholders through share repurchases, and prepaid $2.50 billion of the Purchase Money Note. Capital and liquidity positions remain strong.”
Measures referenced below “as adjusted” or “excluding PAA” (or purchase accounting accretion) are non-GAAP financial measures. Refer to the Financial Supplement available at ir.firstcitizens.com or www.sec.gov for a reconciliation of each non-GAAP measure to the most directly comparable GAAP measure.
Net income for the first quarter of 2026 (“current quarter”) was $534 million, compared to $580 million for the fourth quarter of 2025 (“linked quarter”). Net income available to common stockholders for the current quarter was $508 million, or $42.63 per common share, a $58 million decrease from $566 million, or $45.81 per common share, in the linked quarter.
Adjusted net income for the current quarter was $560 million, compared to $648 million for the linked quarter. Adjusted net income available to common stockholders was $534 million, or $44.86 per common share, a $100 million decrease from $634 million, or $51.27 per common share, in the linked quarter.
•Net interest income was $1.62 billion for the current quarter, a decrease of $101 million from the linked quarter. Net interest income, excluding PAA, was $1.58 billion, a decrease of $91 million from the linked quarter.
◦Interest income on loans decreased $84 million and, excluding loan PAA, decreased $73 million, mainly due to a decline in yield and an $11 million decrease in loan PAA, partially offset by the impact of a higher average balance.
◦Interest income on investment securities decreased $40 million due to decreases in the average balance and yield.
◦Interest income on interest-earning deposits at banks decreased $30 million due to a lower average balance and a decline in yield.
◦Interest expense on interest-bearing deposits decreased $28 million due to a lower rate paid, partially offset by the impact of a higher average balance.
◦Interest expense on borrowings decreased $25 million, mainly due to a decline in the average balance as a result of prepayments of the Purchase Money Note.
•Net interest margin (“NIM”) was 3.09% compared to 3.20% in the linked quarter, a decrease of 11 basis points. NIM, excluding PAA, was 3.01%, compared to 3.11% in the linked quarter, a decrease of 10 basis points.
◦The yield on average interest-earning assets was 5.30%, a decrease of 18 basis points from the linked quarter, mainly due to the following:
1
▪A lower loan yield resulting from lower interest rates and a decline in loan PAA, partially offset by the impact of a higher average balance.
▪A lower yield on investment securities resulting from a lower average balance and lower interest rates.
▪A lower yield on interest-earning deposits at banks resulting from a lower average balance and a decline in the federal funds rate.
◦The rate paid on average interest-bearing liabilities was 2.93%, a decrease of 10 basis points from the linked quarter, primarily due to a lower rate paid on interest-bearing deposits and a lower average balance of borrowings, partially offset by the impact of a higher average balance of interest-bearing deposits.
•Noninterest income was $692 million, compared to $715 million in the linked quarter, a decrease of $23 million. Adjusted noninterest income was $520 million, a decrease of $9 million from the linked quarter. The decreases in noninterest income and adjusted noninterest income were primarily due to a decrease in other noninterest income of $15 million as the linked quarter included a gain on tax credit investments. Increases of $7 million in deposit fees and service charges and $5 million in lending-related fees were partially offset by modest decreases spread amongst various noninterest income line items. Additionally, the fair value adjustment on marketable equity securities decreased $9 million compared to the linked quarter.
•Noninterest expense was $1.54 billion, a decrease of $36 million from the linked quarter. Adjusted noninterest expense was $1.33 billion, a decrease of $38 million. The decreases in noninterest expense and adjusted noninterest expense were primarily due to the following:
◦Marketing expense
Jan 23, 2026
2 ex_991earningsrelease-4q20.htm
Document
For Immediate ReleaseContact:Deanna HartAngela English
January 23, 2026Investor RelationsCorporate Communications
919-716-2137803-931-1854
RALEIGH, N.C. -- First Citizens BancShares, Inc. (“BancShares”) (Nasdaq: FCNCA) reported earnings for the fourth quarter of 2025.
Chairman and CEO Frank B. Holding, Jr. said: “We delivered solid return metrics in the fourth quarter while credit quality remained stable and we achieved strong loan growth, led by Global Fund Banking. We returned an additional $900 million of capital to our stockholders during the quarter through share repurchases and prepaid $2.5 billion of the Purchase Money Note. Our capital and liquidity positions remain strong. We are excited about our prospects for 2026.”
On October 16, 2025, First-Citizens Bank & Trust Company (“First Citizens Bank”), the wholly owned banking subsidiary of BancShares, announced that it had entered into an agreement to acquire 138 branches from BMO Bank N.A. (“BMO Bank”) located throughout the Midwest, Great Plains and West regions of the U.S. (the “BMO Branch Acquisition”). In connection with the BMO Branch Acquisition, First Citizens Bank expects to assume approximately $5.7 billion in deposits and acquire approximately $1.1 billion in loans. BancShares expects the transaction to close in the second half of 2026, subject to customary closing terms and conditions and regulatory approvals.
Measures referenced below “as adjusted” or “excluding PAA” (or purchase accounting accretion) are non-GAAP financial measures. Refer to the Financial Supplement available at ir.firstcitizens.com or www.sec.gov for a reconciliation of each non-GAAP measure to the most directly comparable GAAP measure.
Net income for the fourth quarter of 2025 (“current quarter”) was $580 million, compared to $568 million for the third quarter of 2025 (“linked quarter”). Net income available to common stockholders for the current quarter was $566 million, or $45.81 per common share, a $12 million increase from $554 million, or $43.08 per common share, in the linked quarter.
Adjusted net income for the current quarter was $648 million, compared to $587 million for the linked quarter. Adjusted net income available to common stockholders was $634 million, or $51.27 per common share, a $61 million increase from $573 million, or $44.62 per common share, in the linked quarter.
During the current quarter, the composition of the Commercial Bank segment was expanded to include SVB Commercial, which was previously a separate segment, and prior period segment financial information was recast accordingly.
•Net interest income was $1.72 billion for the current quarter, a decrease of $12 million from the linked quarter. Net interest income, excluding PAA, was $1.67 billion in both the current and linked quarters.
◦Interest income on interest-earning deposits at banks decreased $39 million due to a lower average balance and a decline in yield.
◦Interest income on loans decreased $10 million, mainly due to a decline in yield and a $12 million decrease in loan PAA, partially offset by the impact of a higher average balance. Interest income on loans, excluding loan PAA, increased $2 million.
1
◦Interest income on investment securities decreased $9 million due to decreases in the average balance and yield.
◦Interest expense on borrowings increased $4 million due to increases in the rate paid and the average balance.
◦Interest expense on interest-bearing deposits decreased $50 million due to a lower rate paid, partially offset by the impact of a higher average balance.
•Net interest margin (“NIM”) was 3.20% compared to 3.26% in the linked quarter, a decrease of 6 basis points. NIM, excluding PAA, was 3.11%, compared to 3.15% in the linked quarter, a decrease of 4 basis points.
◦The yield on average interest-earning assets was 5.48%, a decrease of 16 basis points from the linked quarter, mainly due to the following:
▪A lower loan yield resulting from lower interest rates and a decline in loan PAA, partially offset by the impact of a higher average balance.
▪A lower yield on interest-earning deposits at banks resulting from a decline in the federal funds rate, and a lower average balance.
◦The rate paid on average interest-bearing liabilities was 3.03%, a decrease of 13 basis points from the linked quarter, primarily due to a lower rate paid on interest-bearing deposits, partially offset by the impact of a higher average balance of interest-bearing deposits.
•Noninterest income was $715 million, compared to $699 million in the linked quarter, an increase of $16 million. Adjusted noninterest income was $529 million, compared to $518 million in the linked quarter, an increase of $11 mi
This page provides First Citizens BancShares Inc. (FCNCP) earnings call transcripts from SEC 8-K filings along with AI-powered predictions for post-earnings price movements. Our machine learning models analyze historical earnings data, pre-earnings price patterns, volume changes, and volatility to predict 1-day, 5-day, and 20-day returns after each earnings release.
Earnings transcripts are sourced directly from SEC EDGAR filings. Predictions are generated using gradient boosting models trained on FCNCP's historical earnings reactions. All predicted returns are shown as percentages, and predicted prices are calculated from the closing price at the time of prediction. Past performance does not guarantee future results.