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
- $208.3M
- Enterprise value
- $208.3M
- P/E (trailing)
- 0.1×
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 6.6%
- 52-wk high
- $23.91
- 52-wk low
- $20.89
- Beta
- —
- Shares out
- 9.8M
5-year trend
What this company does
First Citizens BancShares is a Delaware-based financial holding company operating First-Citizens Bank & Trust, a Raleigh-headquartered commercial and consumer bank with branches across the Southeast, Mid-Atlantic, Midwest, and West. It earns most of its income from interest on $149 billion of loans and leases, supplemented by operating lease rental income and wealth, deposit, and factoring fees. The bank is aggressively returning capital, repurchasing $908 million of Class A shares in the quarter while issuing Series E preferred stock, as net interest income softened slightly year-over-year to $1.62 billion.
Key risks
- Unrealized securities losses: HTM portfolio fair value $8.36B vs $9.54B carrying (~$1.18B gap); AOCI swung to -$72M from +$83M.
- Net interest income declined to $1.62B from $1.66B YoY as deposit costs pressure margins despite 5% deposit growth to $170.8B.
- Aggressive capital return: $908M Class A buybacks in Q1 2026 (vs $620M prior year) funded partly by $390M Series E preferred issuance.
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 FCNCO in the last 12 months.
Source: SEC Form 4 filings. Backfill runs nightly.
Who owns FCNCO
Institutional value
$890.3K
Total shares held
39.7K
Distinct holders
1
As of
2024-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | Cascades Capital Asset Management, LLC | 39.7K | $890.3K | — | New |
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
NIM compressed as net interest income fell to $1.621B from $1.663B despite loan growth—what's your trough NIM assumption and timing?
- 2
You transferred $666M of loans from held-for-investment to held-for-sale; which portfolios, what marks, and what does that signal about credit?
- 3
Provision dropped to $72M from $154M while HFS jumped to $1.122B—are you under-reserving SVB-acquired or commercial real estate exposures?