Latest revenue
$2.31B
as of 2026-03-31
Latest net income
$534.0M
as of 2026-03-31
Net margin
23.1%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $15.99B
- Enterprise value
- $15.99B
- P/E (trailing)
- 7.2×
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.5%
- 52-wk high
- $1839.99
- 52-wk low
- $1439.75
- Beta
- —
- Shares out
- 9.8M
5-year trend
What this company does
First Citizens BancShares is a Raleigh-based bank holding company that operates First-Citizens Bank & Trust, serving commercial and consumer customers across the Southeast, Mid-Atlantic, Midwest, and West. It earns most of its money from net interest income on $149 billion in loans and leases, supplemented by equipment leasing rentals, wealth management, and factoring fees. After absorbing Silicon Valley Bank's assets, the company now runs a $236 billion balance sheet and is aggressively repurchasing Class A shares, buying back $908 million in the quarter while issuing new Series E preferred stock.
Generated from FCNCB's filing dated 2026-02-24
Key risks
- Unrealized securities losses: HTM portfolio fair value $8.36B vs $9.54B carrying (-$1.18B); AOCI swung to -$72M from +$83M.
- Net interest income declined to $1.62B from $1.66B YoY as deposit costs pressure margins despite 5.7% deposit growth in quarter.
- Aggressive buybacks reducing capital: $908M Class A repurchased in Q1 2026 (449,845 shares), shrinking share count while preferred stock grew to $1.77B.
Generated from FCNCB's filing dated 2026-02-24
Profitability
Net margin
15.2%
18.0%Return on equity
9.9%
20.6%Return on assets
1.0%
22.6%Leverage
Debt / equity
9.33×
2.9%Long-term debt / equity
1.62×
2.9%Debt / assets
90.3%
0.3%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $2.31B | +0.7% | $534.0M | +10.6% | 23.1% |
Q4 2025 2025-12-31 | $8.73B | -9.6% | $580.0M | -17.1% | 6.6% |
Q3 2025 2025-09-30 | $1.97B | +21.3% | $568.0M | -11.1% | 28.9% |
Q2 2025 2025-06-30 | $1.51B | +20.8% | $575.0M | -18.7% | 38.1% |
Q1 2025 2025-03-31 | $2.30B | -6.0% | $483.0M | -33.9% | 21.0% |
Q4 2024 2024-12-31 | $9.65B | — | $700.0M | — | 7.3% |
Q3 2024 2024-09-30 | $1.62B | +290.4% | $639.0M | -15.0% | 39.4% |
Q2 2024 2024-06-30 | $1.25B | +434.6% | $707.0M | +3.7% | 56.5% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
State Commercial Banks · SIC 6022
Your notes
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Insider activity
No insider transactions on file for FCNCB in the last 12 months.
Source: SEC Form 4 filings. Backfill runs nightly.
Who owns FCNCB
Institutional value
$1.1M
Total shares held
699
Distinct holders
4
-1 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | Tradewinds, LLC. | 550 | $897.7K | +50 (+10.0%) | Added |
| 2 | Diversified Trust Co | 131 | $216.2K | -55 (-29.6%) | Trimmed |
| 3 | Byrne Asset Management LLC | 8 | $13.2K | +0 (+0.0%) | No change |
| 4 | OGOREK ANTHONY JOSEPH /NY/ /ADV | 10 | $15 | +5 (+100.0%) | Added |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
- 1
NII fell to $1.62B from $1.66B despite loan growth to $148.7B—when does deposit cost repricing actually inflect, and what's your exit NIM?
- 2
You repurchased $908M of stock above $2,000/share while issuing $390M Series E preferred—explain the capital arbitrage and why this isn't return-dilutive.
- 3
HTM securities show $1.18B unrealized loss ($9.54B book vs $8.36B fair) and AOCI swung $155M negative—what's the AFS duration risk if rates rise 100bps?
Refreshed when FCNCB files a new report · last from 2026-02-24