Announcement • Jul 26
First Citizens Bancshares, Inc. Provides Earnings Guidance for the Third Quarter and Re-Affirms Earnings Guidance for the Full Year 2026 First Citizens BancShares, Inc. provided earnings guidance for the third quarter and re-affirmed earnings guidance for the full year 2026. For the quarter, the company is guiding to a range of $1.63 billion to $1.71 billion.
For the full year, the company reaffirm guidance of $181 billion to $186 billion, accounting for the BMO branch acquisition and targeted deposit growth. On net interest income, the company is maintaining the midpoint while marginally narrowing the full year range to $6.6 billion to $6.75 billion. Announcement • Jul 25
First Citizens BancShares, Inc. announces Quarterly dividend, payable on September 15, 2026 First Citizens BancShares, Inc. announced Quarterly dividend of USD 2.1000 per share payable on September 15, 2026, ex-date on August 31, 2026 and record date on August 31, 2026. Announcement • Jul 02
First Citizens BancShares, Inc. to Report Q2, 2026 Results on Jul 23, 2026 First Citizens BancShares, Inc. announced that they will report Q2, 2026 results Pre-Market on Jul 23, 2026 Announcement • Apr 25
First Citizens Bancshares, Inc Declares Quarterly Dividends on Class A and Class B Common Stock, Payable on June 15, 2026 The Board of Directors of First Citizens BancShares, Inc. has declared the following dividends on the company's common, in each case to be paid on June 15, 2026, to holders of record as of May 29, 2026: A quarterly common stock dividend of $2.10 per share on the company's Class A and Class B common stock. Announcement • Apr 01
First Citizens BancShares, Inc. to Report Q1, 2026 Results on Apr 23, 2026 First Citizens BancShares, Inc. announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on Apr 23, 2026 Announcement • Mar 25
First Citizens BancShares, Inc., Annual General Meeting, May 04, 2026 First Citizens BancShares, Inc., Annual General Meeting, May 04, 2026. Announcement • Dec 31
First Citizens BancShares, Inc. to Report Q4, 2025 Results on Jan 23, 2026 First Citizens BancShares, Inc. announced that they will report Q4, 2025 results Pre-Market on Jan 23, 2026 Announcement • Nov 14
First Citizens Wealth Names Lee Erby as Region Head for Northern California First Citizens Wealth has announced that Lee Erby has been appointed as region head for Northern California market. In his new role based in San Francisco, Erby will lead a team of wealth consultants and will report to Art Saldivar, senior director of Regional Wealth for California. The company says that Erby will be responsible for building a team serving the needs of high-net-worth individuals and families; the entrepreneurs, founders, investors behind the innovation economy; businesses and corporations; and nonprofits across Northern California. Erby, who has more than 20 years of wealth and private banking experience serving high net worth families and institutions, has previously held senior positions at Bank of America Private Bank, Merrill Lynch, and Citi Private Bank. Announcement • Oct 29
First Citizens BancShares, Inc. Announces Appointment of Erin Mccaskill as Director of First Citizens Wealth First Citizens BancShares, Inc.'s First Citizens Wealth announced the appointment of Erin McCaskill as Director and Atlanta Market Leader. Based in Atlanta, she reports to Ethan Van Eck, Senior Director of Regional Wealth, and will lead a First Citizens team of wealth consultants. McCaskill is responsible for growing a high-caliber team serving the needs of high-net-worth individuals and families; businesses and corporations; entrepreneurs, founders, investors and nonprofits in the metro Atlanta area. Under her leadership, First Citizens Wealth will further enhance the delivery of the bank's full range of capabilities, including wealth planning, investment services, trust and fiduciary services, banking and lending. McCaskill has over 20 years of financial services experience serving high net worth individuals and families, having joined First Citizens Bank in 2009. She began her career in Columbia, SC, and has served in a variety of wealth management roles and most recently serving as a Wealth Consultant for the South Carolina market. Erin is a graduate of University of Virginia with a degree in financial economics and an MBA graduate of University of South Carolina. Erin holds a Certified Financial Planner designation and is a Certified Exit Planning Advisor. Announcement • Oct 24
First Citizens BancShares, Inc. Revises Earnings Guidance for the Full Year 2025 First Citizens BancShares, Inc. revised earnings guidance for the full year 2025. For the full year, the company is tightening its headline net interest income guidance to be in the range of $6.74 billion to $6.84 billion from $6.68 billion to $6.88 billion. The revision reflects the new forward interest rate curve as well as the jumping off point from the third quarter. In either case, as expected, we project that loan accretion will be down by over $200 million for the year compared to 2024. Announcement • Oct 02
First Citizens BancShares, Inc. to Report Q3, 2025 Results on Oct 23, 2025 First Citizens BancShares, Inc. announced that they will report Q3, 2025 results Pre-Market on Oct 23, 2025 Announcement • Jul 25
First Citizens BancShares, Inc. (NasdaqGS:FCNC.A) announces an Equity Buyback for $4,000 million worth of its shares. First Citizens BancShares, Inc. (NasdaqGS:FCNC.A) announces a share repurchase program. Under the program, the company will repurchase up to $4,000 million worth of its Class A Common Stock. The program will expire in 2026. Announcement • Jul 02
First Citizens BancShares, Inc. to Report Q2, 2025 Results on Jul 25, 2025 First Citizens BancShares, Inc. announced that they will report Q2, 2025 results Pre-Market on Jul 25, 2025 Announcement • Jun 27
First Citizens BancShares, Inc. and First-Citizens Bank & Trust Company Appoints Diane ("Di") Morais to the Board of Directors and Member of Joint Risk Committee and Joint Technology Committee, Effective July 1, 2025 Diane ("Di") Morais has been appointed to the board of directors of First Citizens BancShares, Inc. and its subsidiary, First-Citizens Bank & Trust Company (First Citizens Bank), effective July 1, 2025. Morais built an accomplished career in financial services with more than 30 years in the sector. Most recently, Morais held key leadership positions of increasing responsibility at Ally Bank ("Ally"). She was instrumental in the creation and launch of the Ally brand in 2009, and she most recently served as President of Consumer and Commercial Banking from 2017 until she retired in 2024. As Consumer and Commercial Banking President, her responsibilities included driving the growth, profitability and digital evolution of Ally's consumer and commercial banking division. She also had oversight of the deposits, online brokerage and advisory offering, mortgage, point of sale lending, credit card and corporate-finance businesses. In addition, Morais oversaw the company's customer care channels and Community Reinvestment Act program. Prior to Ally, Morais spent 12 years at Bank of America, where she served in senior roles in deposit and debit products, national customer experience, card services marketing and consumer mortgage vendor management. Morais also spent nine years in Citibank's credit card division in a variety of marketing, risk and finance roles. A native of Pittsburgh, Penn., Morais holds a bachelor's degree from Pennsylvania State University. She is a member of the board of directors for YMCA of Greater Charlotte, Junior Achievement of Central Carolinas and Charlotte Center City Partners. Morais was named to American Banker Magazine's25 Most Powerful Women in Banking list for nine consecutive years through 2023. Additionally, she received the 2024 Lifetime Achievement Award from the Charlotte Business Journal, was recognized as the 2022 Charlotte Businesswoman of the Year by Queens University and was named one of the top 25 outstanding businesswomen in the Charlotte Business Journal's 2018 Women in Business Awards. An active member in the Charlotte community, Morais has served as an 'Executive in Residence' for Queens University and volunteers for Habitat for Humanity, Dress for Success and the Salvation Army. Morais will serve on the Joint Risk Committee and Joint Technology Committee of First Citizens BancShares, Inc. and First Citizens Bank. Announcement • Apr 03
First Citizens BancShares, Inc. to Report Q1, 2025 Results on Apr 24, 2025 First Citizens BancShares, Inc. announced that they will report Q1, 2025 results Pre-Market on Apr 24, 2025 Announcement • Mar 19
First Citizens BancShares, Inc., Annual General Meeting, Apr 29, 2025 First Citizens BancShares, Inc., Annual General Meeting, Apr 29, 2025. Announcement • Jan 24
First Citizens BancShares, Inc. Declares Quarterly Common Stock Dividend, Payable on March 17, 2025 The Board of Directors of First Citizens BancShares, Inc. has declared the following dividends on the company's common stock, in each case to be paid on March 17, 2025, to holders of record as of Feb. 28, 2025: A quarterly common stock dividend of $1.95 per share on the company's Class A and Class B common stock. Announcement • Jan 03
First Citizens BancShares, Inc. to Report Q4, 2024 Results on Jan 24, 2025 First Citizens BancShares, Inc. announced that they will report Q4, 2024 results Pre-Market on Jan 24, 2025 Announcement • Oct 30
First Citizens Bank Offering Tax Equity Investments in Renewable Energy Projects First Citizens Bank announced that its Energy Finance business is introducing a new tax equity investment product to help finance renewable energy projects. Tax equity products enable qualified investors to reap the benefits of various tax incentives aimed at promoting the development of renewable energy. As an industry leader in renewable energy financing, First Citizens Energy Finance is well positioned to expand its product capabilities, which will now include tax equity investments. The new product helps address a market shortage of expertise needed to structure and deliver tax equity investments to clients that can benefit from the investment, thereby increasing the financing available to drive renewable energy project development. First Citizens Energy Finance intends to focus its tax equity investment product primarily in support of financing solar, wind and battery energy storage projects. By adding the new tax equity investment product, First Citizens Energy Finance joins a relatively small number of experienced lenders offering either senior debt or tax equity investments to further the growth of renewable energy. First Citizens Energy Finance leverages its deep industry knowledge and expertise to offer comprehensive financing solutions for renewable and conventional power generation. The unit manages a large, diverse portfolio that includes investments in all asset classes across the energy sector. Announcement • Oct 25
First Citizens BancShares, Inc. Declares Dividends on the Class A and Class B Common Stock, Payable on December 16, 2024 The Board of Directors of First Citizens BancShares, Inc. has declared the following dividends on the company's common to be paid on December 16, 2024, to holders of record as of November 29, 2024: A quarterly common stock dividend of $1.95 per share on the company's Class A and Class B common stock – which is an increase from the previous quarter's common stock dividend of $1.64 per share. Announcement • Oct 03
First Citizens BancShares, Inc. to Report Q3, 2024 Results on Oct 24, 2024 First Citizens BancShares, Inc. announced that they will report Q3, 2024 results Pre-Market on Oct 24, 2024 Announcement • Jul 26
First Citizens BancShares, Inc. (NasdaqGS:FCNC.A) announces an Equity Buyback for $3,500 million worth of its shares. First Citizens BancShares, Inc. (NasdaqGS:FCNC.A) announces a share repurchase program. Under the program, the company will repurchase up to $3,500 million worth of its Class A Common Stock. The program will expire in 2025. Announcement • Jul 25
First Citizens Bancshares, Inc. Declares Dividends on the Company's Class A and Class B Common Stock, Payable on September 16, 2024 The Board of Directors of First Citizens BancShares, Inc. has declared dividends on the company's common stock, to be paid on September 16, 2024, to holders of record as of Aug. 30, 2024: A quarterly common stock dividend of $1.64 per share on the company's Class A and Class B common stock. Announcement • Apr 26
First Citizens BancShares, Inc. Declares Quarterly Dividend, Payable on June 17, 2024 First Citizens BancShares, Inc. declared a quarterly dividend of $1.64 per share on the company's Class A and Class B common stock. The dividend is payable on June 17, 2024, to holders of record as of May 31, 2024. Announcement • Apr 04
First Citizens BancShares, Inc. to Report Q1, 2024 Results on Apr 25, 2024 First Citizens BancShares, Inc. announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on Apr 25, 2024 Announcement • Mar 21
First Citizens BancShares, Inc. (NasdaqGS:FCNC.A) entered into a definitive purchase agreement to acquire Svb Global Services India LLP from SVB Financial Group (OTCPK:SIVB.Q). First Citizens BancShares, Inc. (NasdaqGS:FCNC.A) entered into a definitive purchase agreement to acquire Svb Global Services India LLP from SVB Financial Group (OTCPK:SIVB.Q) on March 18, 2024. The agreement is subject to final approval of the Bankruptcy Court and regulatory approval in India, as well as other customary closing conditions. A hearing to seek required Bankruptcy Court approval is scheduled for April 9, 2024, and the transaction is expected to close shortly thereafter. Announcement • Mar 16
First Citizens BancShares, Inc., Annual General Meeting, May 01, 2024 First Citizens BancShares, Inc., Annual General Meeting, May 01, 2024, at 09:00 Eastern Daylight. Agenda: To consider and approve the election of directors; to consider and approve the compensation paid or provided to named executive officers; to consider and approve the appointment of the KPMG LLP as independent accountants of 2024; and to consider and approve any other matters. Announcement • Jan 28
First Citizens BancShares, Inc. Provides Net Interest Income Guidance for the First Quarter and Full Year of 2024 First Citizens BancShares, Inc. provided net interest income guidance for the first quarter and full year of 2024. For the first quarter, the company expects net interest income to be down in mid-single-digit percentage points range with and without accretion. The decline in headline net interest income will be driven by the impact of lower accretion and higher deposit costs, only partially offset by higher investment yields. For the full year, the company expects net interest income in the range of $6.9 billion to $7.1 billion, with the low end assuming 6 rate cuts and the high end, assuming 3 rate cuts. Announcement • Jan 24
First Citizens Bank Announces Appoints James Bennett as Executive Director of External Affairs First Citizens Bank has said that James Bennett has been appointed to the newly created role of executive director of External Affairs. Bennett, whose new position was effective January 1, 2024, will report to chairman and CEO Frank B. Holding, Jr. He will remain based in Columbia. In the new role, Bennett will now be responsible for nationwide community engagement, as well as strengthening relationships with state and federal government officials, members of Congress, trade groups and other public policy stakeholders. Bennett most recently served as Mid-South area executive at First Citizens, overseeing commercial, business and retail banking efforts, and leading market development efforts in the Columbia and Aiken areas of South Carolina and the Augusta area of Georgia. Prior to that, Bennett was executive vice president and director of public affairs for First Citizens Bank - South Carolina, before its merger with North Carolina-headquartered First Citizens Bank. During his career, Bennett has also served as chief executive officer at South Carolina Community Bank (now Optus Bank) and at the Columbia bank. Kevin Lindler, a former regional banking executive for First Citizens in Columbia, has assumed Bennett's prior role as Mid-South area executive. Announcement • Jan 05
First Citizens BancShares, Inc. to Report Q4, 2023 Results on Jan 26, 2024 First Citizens BancShares, Inc. announced that they will report Q4, 2023 results Pre-Market on Jan 26, 2024 Announcement • Dec 15
First Citizens BancShares, Inc. and First-Citizens Bank & Trust Company Appoint David G. Leitch to its Board of Directors and Audit Committee and Compensation, Nominations and Governance Committee, Effective January 1, 2024 First Citizens BancShares, Inc. announced David G. Leitch has been appointed to the board of directors of First Citizens BancShares, Inc. and its subsidiary, First-Citizens Bank & Trust Company, effective January 1, 2024. A distinguished leader, executive and lawyer, Leitch brings extensive experience and valuable insight to the board. He retired from Bank of America Corp., where he served as vice chair from 2021 to 2022 and as its global general counsel from 2016 to 2021. During his tenure at Bank of America, his responsibilities included oversight of that bank's legal functions and relationships with regulatory and legal authorities around the world. In addition, he was chief legal advisor to the company's board of directors and senior management, participating on several management level committees overseeing risk management, including matters relating to operational and technology related risks, compensation practices and disclosure requirements. Prior to his role at Bank of America, he served as general counsel and group vice president of Ford Motor Co. from 2005 to 2015. Before joining Ford, Leitch spent several years working for the federal government in a range of roles, including deputy counsel to the president of the United States, chief counsel for the Federal Aviation Administration and deputy assistant attorney general in the U.S. Department of Justice. During his time in private practice, Leitch was a partner in the appellate litigation group at Hogan & Hartson L.L.P. (now Hogan Lovells US LLP) in Washington, D.C. After graduating first in his class from the University of Virginia School of Law in 1985, Leitch worked first as a law clerk for Circuit Judge J. Harvie Wilkinson III of the U.S. Court of Appeals for the Fourth Circuit and later for Chief Justice William H. Rehnquist of the Supreme Court of the United States. He earned his bachelor's degree from Duke University. Leitch will serve on the board's audit committee and compensation, nominations and governance committee. Announcement • Nov 02
First Citizens BancShares, Inc. Announces Demise of Floyd Keels, Member of Board of Directors First Citizens BancShares, Inc. is deeply saddened to announce the death of Floyd Keels, a longtime member of the company's Board of Directors. The former president and CEO of Santee Electric Cooperative Inc., Mr. Keels has served with distinction on the First Citizens board since 2014. He was an active member of the board's audit and trust committees and provided valuable insights and guidance to management and the board during his tenure. Announcement • Oct 27
First Citizens BancShares, Inc. Declares Quarterly Dividend, Payable on December 15, 2023 The Board of Directors of First Citizens BancShares, Inc. declared a quarterly dividend of $1.64 per share on the company's Class A and Class B common stock. The dividend is payable Dec. 15, 2023, to shareholders of record Nov. 30, 2023. Announcement • Oct 06
First Citizens BancShares, Inc. to Report Q3, 2023 Results on Oct 26, 2023 First Citizens BancShares, Inc. announced that they will report Q3, 2023 results Pre-Market on Oct 26, 2023 Announcement • Jul 07
First Citizens BancShares, Inc. to Report Q2, 2023 Results on Aug 03, 2023 First Citizens BancShares, Inc. announced that they will report Q2, 2023 results at 9:30 AM, US Eastern Standard Time on Aug 03, 2023 Announcement • May 11
First Citizens BancShares, Inc. Reports Impairment Charges for the First Quarter Ended March 31, 2023 First Citizens BancShares, Inc. reported impairment charges for the first quarter that ended March 31, 2023. For the period, the company has posted net charge-offs of $50 million against $15 million a year ago. Announcement • Jan 07
First Citizens BancShares, Inc. to Report Q4, 2022 Results on Jan 26, 2023 First Citizens BancShares, Inc. announced that they will report Q4, 2022 results Pre-Market on Jan 26, 2023 Announcement • Apr 29
First Citizens BancShares, Inc. Declares A Quarterly Dividend on the Company’s Class A and Class B Common Stock, Payable on May 28, 2021 The Board of Directors of First Citizens BancShares Inc. declared on April 27, 2021, a quarterly dividend of 47 cents per share on the company’s Class A and Class B common stock. The dividend is payable May 28, 2021, to shareholders of record May 14, 2021. Announcement • Mar 11
First Citizens BancShares, Inc., Annual General Meeting, Apr 27, 2021 First Citizens BancShares, Inc., Annual General Meeting, Apr 27, 2021, at 09:00 Eastern Daylight. Agenda: To consider election of Directors; to consider advisory Vote on Executive Compensation; to consider ratification of appointment of Independent Accountants. Announcement • Jan 14
First Citizens BancShares, Inc. to Report Q4, 2020 Results on Jan 26, 2021 First Citizens BancShares, Inc. announced that they will report Q4, 2020 results After-Market on Jan 26, 2021 Announcement • Nov 18
First Citizens BancShares, Inc., First-Citizens Bank & Trust Company Announce Executive Changes On November 16, 2020, Jason W. Grooters, Assistant Vice President and Chief Accounting Officer, notified First Citizens BancShares, Inc. of his intention to resign from his position as Vice President and Chief Accounting Officer of the Company and its subsidiary, First-Citizens Bank & Trust Company, effective as of November 30, 2020. Mr. Grooters has decided to pursue other professional opportunities, and his departure is not the result of any dispute or disagreement with the Company. As of the Effective Date, the Company intends that the roles of principal accounting officer and controller will be separated and Craig L. Nix, the company's Chief Financial Officer, will assume the role of the Company’s principal accounting officer, in addition to continuing in his role as the Company’s principal financial officer. The Company is in the process of hiring a controller to assume those duties as of December 1, 2020. Mr. Nix, age 49, has served as our Chief Financial Officer since November 2014. Prior to joining the Company, Mr. Nix served as the Executive Vice President and Chief Financial Officer of First Citizens Bancorporation and First Citizens Bank of South Carolina from 2001 to 2014. Mr. Nix has been employed by First Citizens Bank since 1999. Announcement • Oct 18
First Citizens BancShares, Inc. entered into definitive agreement to acquire CIT Group Inc. (NYSE: CIT). First Citizens BancShares, Inc. entered into definitive agreement to acquire CIT Group Inc. (NYSE: CIT) on October 16, 2020. CIT stockholders will receive 0.0620 shares of First Citizens class a common stock for each share of CIT common stock they own. The combined company will operate under the First Citizens name and will trade under the First Citizens ticker symbol FCNCA on the Nasdaq stock market. The combined company will be headquartered in Raleigh, N.C. and will maintain significant operation centers in New York, Pasadena, Omaha, Phoenix, Jacksonville, Fla., New Jersey and Columbia, S.C., among other locations. First Citizens stockholders will own approximately 61% and CIT stockholders will own approximately 39% of the combined company. Frank Holding, Jr., Chairman and Chief Executive Officer of First Citizens, will retain the same roles at the combined company. Ellen R. Alemany, Chairwoman and Chief Executive Officer of CIT, will assume the role of Vice Chairwoman and play a key role in the merger integration. In addition, she will serve on the Board of Directors of the combined company. The Board of Directors of the combined company will consist of 14 directors, the current 11 First Citizens Board members and three CIT Board members, including Ms. Alemany. Under the terms of the definitive merger agreement, the deal is subject to satisfaction of customary closing conditions, including receipt of regulatory approvals and approval by the stockholders of each company, which was unanimously approved by the Boards of Directors of both companies. The transaction is targeted to deliver in excess of 50% EPS accretion once cost savings are fully phased in. The merger is expected to close in the first half of 2021. Piper Sandler & Co. served as financial advisor to First Citizens, with Smith, Anderson, Blount, Dorsett, Mitchell & Jernigan, L.L.P. serving as legal advisor. Keefe, Bruyette & Woods, A Stifel Company, and Morgan Stanley & Co. LLC served as financial advisor to CIT, with Sullivan & Cromwell LLP serving as legal advisor. Announcement • Oct 17
Citizens BancShares, Inc. Appoints Frank Ellen R. Alemany as Vice Chairwoman and to the Board of Directors of the Combined Company First Citizens BancShares, Inc. and CIT Group Inc. jointly announced that they have entered into a definitive agreement under which the companies will combine in an all-stock merger of equals to create the 19(th) largest bank in the United States based on assets. The combined company will operate under the First Citizens name and will trade under the First Citizens ticker symbol FCNCA on the Nasdaq stock market. The combined company will be headquartered in Raleigh, N.C., and will maintain significant operation centers in New York, Pasadena, Omaha, Phoenix, Jacksonville, Fla., New Jersey and Columbia, S.C., among other locations. Frank Ellen R. Alemany, Chairwoman and CEO of CIT, will assume the role of Vice Chairwoman and play a key role in the merger integration. In addition, she will serve on the Board of Directors of the combined company. The Board of Directors of the combined company will consist of 14 directors, the current 11 First Citizens Board members and three CIT Board members, including Ms. Alemany. Announcement • Oct 13
First Citizens BancShares, Inc. to Report Q3, 2020 Results on Oct 27, 2020 First Citizens BancShares, Inc. announced that they will report Q3, 2020 results at 5:00 PM, Eastern Standard Time on Oct 27, 2020 Announcement • Jul 22
First Citizens BancShares, Inc. to Report Q2, 2020 Results on Jul 28, 2020 First Citizens BancShares, Inc. announced that they will report Q2, 2020 results at 5:00 PM, Eastern Standard Time on Jul 28, 2020 Announcement • Jul 03
First Citizens BancShares, Inc.(NasdaqGS:FCNC.A) dropped from Russell 1000 Defensive Index First Citizens BancShares, Inc.(NasdaqGS:FCNC.A) dropped from Russell 1000 Defensive Index