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First Citizens BancShares Management
Management criteria checks 3/4
First Citizens BancShares' CEO is Frank Holding, appointed in Jan 2008, has a tenure of 17.83 years. total yearly compensation is $11.01M, comprised of 9.4% salary and 90.6% bonuses, including company stock and options. directly owns 9.67% of the company’s shares, worth €1.93B. The average tenure of the management team and the board of directors is 7.9 years and 11.1 years respectively.
Key information
Frank Holding
Chief executive officer
US$11.0m
Total compensation
| CEO salary percentage | 9.45% |
| CEO tenure | 17.8yrs |
| CEO ownership | 9.7% |
| Management average tenure | 7.9yrs |
| Board average tenure | 11.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2025 | n/a | n/a | US$2b |
| Jun 30 2025 | n/a | n/a | US$2b |
| Mar 31 2025 | n/a | n/a | US$2b |
| Dec 31 2024 | US$11m | US$1m | US$3b |
| Sep 30 2024 | n/a | n/a | US$3b |
| Jun 30 2024 | n/a | n/a | US$3b |
| Mar 31 2024 | n/a | n/a | US$3b |
| Dec 31 2023 | US$10m | US$1m | US$11b |
| Sep 30 2023 | n/a | n/a | US$11b |
| Jun 30 2023 | n/a | n/a | US$11b |
| Mar 31 2023 | n/a | n/a | US$10b |
| Dec 31 2022 | US$8m | US$1m | US$1b |
| Sep 30 2022 | n/a | n/a | US$924m |
| Jun 30 2022 | n/a | n/a | US$740m |
| Mar 31 2022 | n/a | n/a | US$650m |
| Dec 31 2021 | US$6m | US$1m | US$529m |
| Sep 30 2021 | n/a | n/a | US$543m |
| Jun 30 2021 | n/a | n/a | US$562m |
| Mar 31 2021 | n/a | n/a | US$563m |
| Dec 31 2020 | US$4m | US$978k | US$478m |
| Sep 30 2020 | n/a | n/a | US$446m |
| Jun 30 2020 | n/a | n/a | US$433m |
| Mar 31 2020 | n/a | n/a | US$403m |
| Dec 31 2019 | US$4m | US$964k | US$457m |
| Sep 30 2019 | n/a | n/a | US$445m |
| Jun 30 2019 | n/a | n/a | US$438m |
| Mar 31 2019 | n/a | n/a | US$411m |
| Dec 31 2018 | US$3m | US$955k | US$400m |
Compensation vs Market: Frank's total compensation ($USD11.01M) is above average for companies of similar size in the Italian market ($USD3.77M).
Compensation vs Earnings: Frank's compensation has been consistent with company performance over the past year.
CEO
Frank Holding (64 yo)
Mr. Frank Brown Holding, Jr. serves as Independent Director of flyExclusive, Inc. since December 27, 2023. He has been Chairman of First Citizens BancShares, Inc. and First-Citizens Bank & Trust Company si...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 17.8yrs | US$11.01m | 9.67% € 1.9b | |
| Vice Chairwoman | 19.8yrs | US$6.55m | 2.63% € 524.3m | |
| President & Director | 11.1yrs | US$6.57m | 5.4% € 1.1b | |
| Chief Financial Officer | 11yrs | US$5.55m | 0.0092% € 1.8m | |
| Chief Risk Officer | 12.7yrs | US$3.80m | no data | |
| Chief Information & Operations Officer | 1.8yrs | no data | no data | |
| Senior Vice President of Investor Relations | 4.8yrs | no data | no data | |
| Chief Legal Officer & Corporate Secretary | 4.4yrs | no data | no data | |
| Director of Corporate Communications & Brand Marketing | no data | no data | no data | |
| Chief Strategy Officer | 11.1yrs | US$1.67m | no data | |
| Chief Credit Officer | 3.6yrs | no data | 0.0024% € 477.1k | |
| Chief Credit Officer of General Bank | 3.4yrs | no data | no data |
Experienced Management: 1FCNC's management team is seasoned and experienced (7.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 32.8yrs | US$11.01m | 9.67% € 1.9b | |
| Vice Chairwoman | 19.8yrs | US$6.55m | 2.63% € 524.3m | |
| President & Director | 11.1yrs | US$6.57m | 5.4% € 1.1b | |
| Independent Director | 2.8yrs | US$297.00k | 0.00016% € 31.9k | |
| Lead Independent Director | 23.8yrs | US$385.00k | 0.0080% € 1.6m | |
| Independent Director | 23.8yrs | US$270.00k | 0.069% € 13.7m | |
| Independent Director | 1.8yrs | US$375.33k | 0.00080% € 159.7k | |
| Director | 3.8yrs | US$13.45m | 0.14% € 27.7m | |
| Independent Director | 18.6yrs | US$288.00k | 0.0044% € 882.4k | |
| Independent Director | 11.1yrs | US$330.00k | 0.0025% € 505.1k | |
| Independent Director | less than a year | no data | 0.00088% € 175.7k | |
| Director | less than a year | no data | 0.00040% € 79.9k |
Experienced Board: 1FCNC's board of directors are seasoned and experienced ( 11.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/26 17:38 |
| End of Day Share Price | 2025/11/21 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
First Citizens BancShares, Inc. is covered by 20 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jason Goldberg | Barclays |
| Benjamin Gerlinger | Citigroup Inc |
| Keith Horowitz | Citigroup Inc |