First Citizens BancShares Inc (FCNCA)
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.
- Symbol
- FCNCA
- Exchange
- Nasdaq
- Sector
- Financial Services
- Industry
- Banks - Regional
- Market cap
- $23.53B
- 52 week range
- 1623.76 - 2296.3
Valuation
- Share price
- $2051.11 (close of 2026-09-23)
- P/E (TTM)
- 10.93x
- Price to book
- 1.07x
- Price to free cash flow
- 9.57x
- Enterprise value
- $54.35B
- Book value per share
- $1898.44
Price performance
| Period | Change |
|---|
| 1 day | -3.33% |
| 5 days | -5.06% |
| 1 month | -6.06% |
| 3 months | -2.84% |
| 6 months | +10.48% |
| Year to date | -4.43% |
| 1 year | +10.89% |
| 3 years | +49.70% |
| 5 years | +142.84% |
| 10 years | +625.70% |
| All time | +5760.31% |
Profitability and growth
- Return on equity
- 9.92%
- Return on assets
- 0.96%
- Net margin
- 23.12%
- EBITDA margin
- 87.41%
- Revenue growth
- -2.22%
- Net income growth
- -20.56%
- Free cash flow growth
- -13.52%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 10.44%
- Net debt to EBITDA
- 3.77x
Latest reported year
- Period end
- 2025-12-31
- Fiscal year
- 2025
- Revenue
- $9.54B
- EBITDA
- $8.34B
- Net income
- $2.21B
- Earnings per share
- $165.24
- Interest expense
- $4.96B
- Shares outstanding
- 13.00M
Income statement by year
| Period end | Revenue | Net income | EPS |
|---|
| 2025-12-31 | $9.54B | $2.21B | $165.24 |
| 2024-12-31 | $9.76B | $2.78B | $189.42 |
| 2023-12-31 | $18.79B | $11.47B | $785.14 |
| 2022-12-31 | $5.08B | $1.10B | $67.47 |
| 2021-12-31 | $1.45B | $547.00M | $53.88 |
| 2020-12-31 | $1.48B | $492.00M | $47.50 |
| 2019-12-31 | $1.40B | $457.37M | $41.05 |
| 2018-12-31 | $1.25B | $400.31M | $33.53 |
| 2017-12-31 | $1.10B | $323.75M | $29.96 |
| 2016-12-31 | $987.76M | $225.48M | $18.77 |
Margins and returns by year
| Period end | Net margin | Return on equity |
|---|
| 2025-12-31 | 23.12% | 9.92% |
| 2024-12-31 | 28.46% | 12.49% |
| 2023-12-31 | 61.03% | 53.94% |
| 2022-12-31 | 21.61% | 11.36% |
| 2021-12-31 | 37.70% | 11.54% |
| 2020-12-31 | 33.15% | 11.63% |
| 2019-12-31 | 32.58% | 12.75% |
| 2018-12-31 | 32.13% | 11.47% |
| 2017-12-31 | 29.33% | 9.71% |
| 2016-12-31 | 22.83% | 7.49% |
Cash and debt by year
| Period end | Cash | Debt |
|---|
| 2025-12-31 | $801.00M | $35.78B |
| 2024-12-31 | $814.00M | $36.68B |
| 2023-12-31 | $908.00M | $37.17B |
| 2022-12-31 | $518.00M | $4.46B |
| 2021-12-31 | $9.03B | $1.20B |
| 2020-12-31 | $4.27B | $1.25B |
| 2019-12-31 | $376.72M | $588.64M |
| 2018-12-31 | $327.44M | $319.87M |
| 2017-12-31 | $336.15M | $870.24M |
| 2016-12-31 | $539.74M | $832.94M |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2025-12-31 | $2.21B | - |
| 2024-12-31 | $2.56B | - |
| 2023-12-31 | $2.25B | $5.00M |
| 2022-12-31 | $2.64B | $19.00M |
| 2021-12-31 | $-391.00M | - |
| 2020-12-31 | $243.00M | - |
| 2019-12-31 | $457.17M | - |
| 2018-12-31 | $313.32M | - |
| 2017-12-31 | $270.46M | - |
| 2016-12-31 | $148.66M | - |
Dividend history
- Most recent payment
- 2026-08-31
- Paid in the last twelve months
- $8.40
| Payment date | Dividend per share |
|---|
| 2026-08-31 | $2.10 |
| 2026-05-29 | $2.10 |
| 2026-02-27 | $2.10 |
| 2025-11-28 | $2.10 |
| 2025-08-29 | $1.95 |
| 2025-05-30 | $1.95 |
| 2025-02-28 | $1.95 |
| 2024-11-29 | $1.95 |
Investor relations
Next earnings report
- Next confirmed report
- 2026-10-22
- Consensus EPS estimate
- $45.82
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-07-23 | Jun/2026 | $40.45 |
| 2026-04-23 | - | - |
| 2026-01-23 | - | - |
| 2025-10-23 | - | - |
| 2025-07-25 | - | - |
| 2025-04-24 | - | - |
| 2025-01-24 | - | - |
| 2024-10-24 | - | - |
Filings and sources
- Company website
- firstcitizens.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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