The Filings Report

First Citizens BancShares Inc

FCNCANasdaqCIK 798941Financial / Banksfiscal year ends December69 quarters since 2009

Revenue, Q2 FY2026
$2.4B
+2.5% on Q2 FY2025
Net income
$672M
+16.9% on Q2 FY2025
Free cash flow
$941M
+28.4% on Q2 FY2025
Diluted EPS
$55.52
+31.1% on Q2 FY2025
Revenue, TTM
$9.6B
trailing four quarters
Net margin, TTM
24.5%
net income $2.4B
Free cash flow, TTM
$2.5B
$3.2B less $724M capex
Cash and equivalents
—
long-term debt $32.0B, Jun 30, 2026
Shares, 12-month change
—
— shares, Jun 30, 2026
Buybacks, TTM
$3.3B
no yield
Dividends, TTM
$185M
no yield
Market value
—
at the close, buybacks

Latest quarter Q2 FY2026, filed August 7, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q2 FY2026, the quarter ended June 30, 2026, First Citizens BancShares Inc reported revenue of $2.4B, +2.5% on Q2 FY2025, and net income of $672M (+16.9%). Free cash flow, operating cash flow less capital expenditures, was $941M ($1.0B less $102M). Diluted earnings per share were $55.52.

The last 16 quarters

Q3 FY2022 to Q2 FY2026, through the filing of August 7, 2026.

Revenue and net incomeRevenueNet income
$0$3B$5B$8B$10BQ3'22, Net income: $315MQ3'22Q4'22, Net income: $257MQ4'22Q1'23, Net income: $9.5BQ1'23Q2'23, Net income: $682MQ2'23Q3'23, Net income: $752MQ3'23Q4'23, Net income: $514MQ4'23Q1'24, Revenue: $2.4BQ1'24, Net income: $731MQ1'24Q2'24, Revenue: $2.5BQ2'24, Net income: $707MQ2'24Q3'24, Revenue: $2.4BQ3'24, Net income: $639MQ3'24Q4'24, Revenue: $2.4BQ4'24, Net income: $700MQ4'24Q1'25, Revenue: $2.3BQ1'25, Net income: $483MQ1'25Q2'25, Revenue: $2.4BQ2'25, Net income: $575MQ2'25Q3'25, Revenue: $2.4BQ3'25, Net income: $568MQ3'25Q4'25, Revenue: $2.4BQ4'25, Net income: $580MQ4'25Q1'26, Revenue: $2.3BQ1'26, Net income: $534MQ1'26Q2'26, Revenue: $2.4BQ2'26, Net income: $672MQ2'26$0$3B$5B$8B$10BQ3'22, Net income: $315MQ4'22, Net income: $257MQ4'22Q1'23, Net income: $9.5BQ2'23, Net income: $682MQ2'23Q3'23, Net income: $752MQ4'23, Net income: $514MQ4'23Q1'24, Revenue: $2.4BQ1'24, Net income: $731MQ2'24, Revenue: $2.5BQ2'24, Net income: $707MQ2'24Q3'24, Revenue: $2.4BQ3'24, Net income: $639MQ4'24, Revenue: $2.4BQ4'24, Net income: $700MQ4'24Q1'25, Revenue: $2.3BQ1'25, Net income: $483MQ2'25, Revenue: $2.4BQ2'25, Net income: $575MQ2'25Q3'25, Revenue: $2.4BQ3'25, Net income: $568MQ4'25, Revenue: $2.4BQ4'25, Net income: $580MQ4'25Q1'26, Revenue: $2.3BQ1'26, Net income: $534MQ2'26, Revenue: $2.4BQ2'26, Net income: $672MQ2'26

Net income losses drawn in red.

Free cash flow
−$500M$0$500M$1.0B$1.5BQ3'22, Free cash flow: $464MQ3'22Q4'22, Free cash flow: $980MQ4'22Q1'23, Free cash flow: −$406MQ1'23Q2'23, Free cash flow: $832MQ2'23Q3'23, Free cash flow: $1.1BQ3'23Q4'23, Free cash flow: $693MQ4'23Q1'24, Free cash flow: $367MQ1'24Q2'24, Free cash flow: $316MQ2'24Q3'24, Free cash flow: $885MQ3'24Q4'24, Free cash flow: $991MQ4'24Q1'25, Free cash flow: −$5MQ1'25Q2'25, Free cash flow: $733MQ2'25Q3'25, Free cash flow: $678MQ3'25Q4'25, Free cash flow: $807MQ4'25Q1'26, Free cash flow: $31MQ1'26Q2'26, Free cash flow: $941MQ2'26−$500M$0$500M$1.0B$1.5BQ3'22, Free cash flow: $464MQ4'22, Free cash flow: $980MQ4'22Q1'23, Free cash flow: −$406MQ2'23, Free cash flow: $832MQ2'23Q3'23, Free cash flow: $1.1BQ4'23, Free cash flow: $693MQ4'23Q1'24, Free cash flow: $367MQ2'24, Free cash flow: $316MQ2'24Q3'24, Free cash flow: $885MQ4'24, Free cash flow: $991MQ4'24Q1'25, Free cash flow: −$5MQ2'25, Free cash flow: $733MQ2'25Q3'25, Free cash flow: $678MQ4'25, Free cash flow: $807MQ4'25Q1'26, Free cash flow: $31MQ2'26, Free cash flow: $941MQ2'26

Operating cash flow less capital expenditures; negative quarters in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$20B$40B$60BQ3'22, Long-term debt: $5.2BQ3'22Q4'22, Long-term debt: $4.5BQ4'22Q1'23, Long-term debt: $45.1BQ1'23Q2'23, Long-term debt: $39.7BQ2'23Q3'23, Long-term debt: $37.3BQ3'23Q4'23, Long-term debt: $37.2BQ4'23Q1'24, Long-term debt: $37.1BQ1'24Q2'24, Long-term debt: $37.1BQ2'24Q3'24, Long-term debt: $36.8BQ3'24Q4'24, Long-term debt: $36.7BQ4'24Q1'25, Long-term debt: $38.0BQ1'25Q2'25, Long-term debt: $37.6BQ2'25Q3'25, Long-term debt: $38.3BQ3'25Q4'25, Long-term debt: $35.8BQ4'25Q1'26, Long-term debt: $33.8BQ1'26Q2'26, Long-term debt: $32.0BQ2'26$0$20B$40B$60BQ3'22, Long-term debt: $5.2BQ4'22, Long-term debt: $4.5BQ4'22Q1'23, Long-term debt: $45.1BQ2'23, Long-term debt: $39.7BQ2'23Q3'23, Long-term debt: $37.3BQ4'23, Long-term debt: $37.2BQ4'23Q1'24, Long-term debt: $37.1BQ2'24, Long-term debt: $37.1BQ2'24Q3'24, Long-term debt: $36.8BQ4'24, Long-term debt: $36.7BQ4'24Q1'25, Long-term debt: $38.0BQ2'25, Long-term debt: $37.6BQ2'25Q3'25, Long-term debt: $38.3BQ4'25, Long-term debt: $35.8BQ4'25Q1'26, Long-term debt: $33.8BQ2'26, Long-term debt: $32.0BQ2'26

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q2 FY2026 filed August 7, 2026.

First Citizens BancShares Inc income statement, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 7, 2026Q1 FY2026ended Mar 31, 2026filed May 8, 2026Q4 FY2025ended Dec 31, 2025filed Feb 24, 2026Q3 FY2025ended Sep 30, 2025filed Nov 7, 2025Q2 FY2025ended Jun 30, 2025filed Aug 8, 2025Q1 FY2025ended Mar 31, 2025filed May 9, 2025Q4 FY2024ended Dec 31, 2024filed Feb 21, 2025Q3 FY2024ended Sep 30, 2024filed Nov 7, 2024YoYQ2 FY2026vs Q2 FY2025
Revenue2,4322,3132,4372,4332,3732,2982,4082,446+2.5%
Cost of revenue—————————
Gross profit—————————
Research and development—————————
Selling, general and administrative—————————
Operating income—————————
Other income (expense)—————————
Pretax income891705811751758651736873+17.5%
Income tax21917123118318316836234+19.7%
Net income672534580568575483700639+16.9%
Diluted EPS ($)55.5242.63—43.0842.3634.47—43.42+31.1%
Diluted shares (millions)1212—131314—14—

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q2 FY2026 filed August 7, 2026.

First Citizens BancShares Inc balance sheet, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 7, 2026Q1 FY2026ended Mar 31, 2026filed May 8, 2026Q4 FY2025ended Dec 31, 2025filed Feb 24, 2026Q3 FY2025ended Sep 30, 2025filed Nov 7, 2025Q2 FY2025ended Jun 30, 2025filed Aug 8, 2025Q1 FY2025ended Mar 31, 2025filed May 9, 2025Q4 FY2024ended Dec 31, 2024filed Feb 21, 2025Q3 FY2024ended Sep 30, 2024filed Nov 7, 2024YoYQ2 FY2026vs Q2 FY2025
Cash and equivalents—————————
Short-term investments—————————
Total current assets—————————
Total assets236,842235,959229,698233,488229,653228,822223,720220,567+3.1%
Total current liabilities—————————
Long-term debt32,03633,79235,78438,25237,64137,95636,68436,770−14.9%
Total liabilities214,942213,911207,460211,502207,357206,527201,492197,739+3.7%
Stockholders’ equity21,90022,04822,23821,98622,29622,29522,22822,828−1.8%
Shares outstanding (millions)—————————

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q2 FY2026 filed August 7, 2026.

First Citizens BancShares Inc cash flow statement, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 7, 2026Q1 FY2026ended Mar 31, 2026filed May 8, 2026Q4 FY2025ended Dec 31, 2025filed Feb 24, 2026Q3 FY2025ended Sep 30, 2025filed Nov 7, 2025Q2 FY2025ended Jun 30, 2025filed Aug 8, 2025Q1 FY2025ended Mar 31, 2025filed May 9, 2025Q4 FY2024ended Dec 31, 2024filed Feb 21, 2025Q3 FY2024ended Sep 30, 2024filed Nov 7, 2024YoYQ2 FY2026vs Q2 FY2025
Operating cash flow1,0431721,050916859981,119991+21.4%
Capital expenditures102141243238126103128106−19.0%
Free cash flow (CFO − capex)94131807678733(5)991885+28.4%
Depreciation and amortization15618030911009324042+56.0%
Share repurchases606899900896613618948700−1.1%
Dividends paid5551403940424238+37.5%

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2025 filed February 24, 2026.

Income statement

First Citizens BancShares Inc income statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 24, 2026FY2024ended Dec 31, 2024filed Feb 21, 2025FY2023ended Dec 31, 2023filed Feb 23, 2024FY2022ended Dec 31, 2022filed Feb 24, 2023FY2021ended Dec 31, 2021filed Feb 25, 2022FY2020ended Dec 31, 2020filed Feb 24, 2021FY2019ended Dec 31, 2019filed Feb 26, 2020FY2018ended Dec 31, 2018filed Feb 20, 2019FY2017ended Dec 31, 2017filed Feb 21, 2018FY2016ended Dec 31, 2016filed Feb 22, 2017FY2015ended Dec 31, 2015filed Feb 24, 2016FY2014ended Dec 31, 2014filed Feb 25, 2015FY2013ended Dec 31, 2013filed Feb 26, 2014FY2012ended Dec 31, 2012filed Mar 1, 2013FY2011ended Dec 31, 2011filed Mar 7, 2012FY2010ended Dec 31, 2010filed Mar 1, 2011FY2009ended Dec 31, 2009filed Aug 6, 2010FY2008ended Dec 31, 2008filed Aug 6, 2010
Revenue9,5419,75818,7875,082——————————————
Cost of revenue——————————————————
Gross profit——————————————————
Research and development——————————————————
Selling, general and administrative——————————————————
Operating income——————————————————
Other income (expense)——————————————————
Pretax income2,9713,59212,0771,362701618592504544351332204268197310304183140
Income tax765815611264154126135103220126122651026511511167—
Net income2,2062,77711,4661,09854749245740032422521013916713219519311691
Diluted EPS ($)165.24189.41784.5167.4053.8847.50————————————
Diluted shares (millions)131415169,816*10————————————

Balance sheet

First Citizens BancShares Inc balance sheet, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 24, 2026FY2024ended Dec 31, 2024filed Feb 21, 2025FY2023ended Dec 31, 2023filed Feb 23, 2024FY2022ended Dec 31, 2022filed Feb 24, 2023FY2021ended Dec 31, 2021filed Feb 25, 2022FY2020ended Dec 31, 2020filed Feb 24, 2021FY2019ended Dec 31, 2019filed Feb 26, 2020FY2018ended Dec 31, 2018filed Feb 20, 2019FY2017ended Dec 31, 2017filed Feb 21, 2018FY2016ended Dec 31, 2016filed Feb 22, 2017FY2015ended Dec 31, 2015filed Feb 24, 2016FY2014ended Dec 31, 2014filed Feb 25, 2015FY2013ended Dec 31, 2013filed Feb 26, 2014FY2012ended Dec 31, 2012filed Mar 1, 2013FY2011ended Dec 31, 2011filed Mar 7, 2012FY2010ended Dec 31, 2010filed Mar 1, 2011FY2009ended Dec 31, 2009filed Aug 6, 2010FY2008ended Dec 31, 2008filed Aug 6, 2010
Cash and equivalents————9,0304,270377327336540534604534640591460480593
Short-term investments———————————————4,4872,893—
Total current assets——————————————————
Total assets229,698223,720213,758109,29858,30949,95839,82435,40934,52832,99131,47630,07521,19421,28420,99720,80718,466—
Total current liabilities——————————————————
Long-term debt35,78436,68437,1694,4591,1951,248589320870833704351511445688810797—
Total liabilities207,460201,492192,50399,63653,57145,72836,23831,92031,19329,97828,60427,38819,12219,42019,13619,07416,907—
Stockholders’ equity22,23822,22821,2559,6624,7384,2293,5863,4893,3343,0122,8722,6882,0711,8601,8611,7331,5591,443
Shares outstanding (millions)——————————————————

Cash flow statement

First Citizens BancShares Inc cash flow statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 24, 2026FY2024ended Dec 31, 2024filed Feb 21, 2025FY2023ended Dec 31, 2023filed Feb 23, 2024FY2022ended Dec 31, 2022filed Feb 24, 2023FY2021ended Dec 31, 2021filed Feb 25, 2022FY2020ended Dec 31, 2020filed Feb 24, 2021FY2019ended Dec 31, 2019filed Feb 26, 2020FY2018ended Dec 31, 2018filed Feb 20, 2019FY2017ended Dec 31, 2017filed Feb 21, 2018FY2016ended Dec 31, 2016filed Feb 22, 2017FY2015ended Dec 31, 2015filed Feb 24, 2016FY2014ended Dec 31, 2014filed Feb 25, 2015FY2013ended Dec 31, 2013filed Feb 26, 2014FY2012ended Dec 31, 2012filed Mar 1, 2013FY2011ended Dec 31, 2011filed Mar 7, 2012FY2010ended Dec 31, 2010filed Mar 1, 2011FY2009ended Dec 31, 2009filed Aug 6, 2010FY2008ended Dec 31, 2008filed Aug 6, 2010
Operating cash flow2,9232,9882,6602,791(284)376578454355——————147168212
Capital expenditures71042940515510713312114085829083668977719695
Free cash flow (CFO − capex)2,2132,5592,2552,636(391)243457313270——————7672117
Depreciation and amortization3142762251421071091049791898875716965635854
Share repurchases3,0271,64801,2400334453163000001042400—
Dividends paid16115811783423018171414181291512131311

Insider activity

Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$108K
2 purchases by 1 insider; officers and directors $108K
Sold, three months
$137K
2 sales by 1 insider; officers and directors $0
Bought, twelve months
$14M
62 purchases by 4 insiders; officers and directors $14M
Sold, twelve months
$16M
11 sales by 3 insiders; officers and directors $15M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Sep 15, 2026Holding Olivia Britton10% owneropen-market saleindirect2,000$19.60$39K20,000Sep 17, 2026
Sep 15, 2026Holding Olivia Britton10% owneropen-market saleindirect5,000$19.50$98K15,000Sep 17, 2026
Aug 19, 2026Morais Diane E.Directoropen-market buy46$2168.13$100K96Aug 20, 2026
Aug 19, 2026Morais Diane E.Directoropen-market buy4$2167.80$9K100Aug 20, 2026
Jun 5, 2026Holding Frank B JRChairman and CEO, Director, 10% owneropen-market buy2$1998.68$4K64,437Jun 8, 2026
Jun 5, 2026Holding Frank B JRChairman and CEO, Director, 10% owneropen-market buy8$2010.00$16K64,445Jun 8, 2026
Jun 5, 2026Holding Frank B JRChairman and CEO, Director, 10% owneropen-market buy23$2030.00$47K64,468Jun 8, 2026
Jun 5, 2026Holding Frank B JRChairman and CEO, Director, 10% owneropen-market buy47$2050.00$96K64,515Jun 8, 2026
Jun 5, 2026Holding Frank B JRChairman and CEO, Director, 10% owneropen-market buy2$2060.00$4K64,517Jun 8, 2026
Jun 5, 2026Holding Frank B JRChairman and CEO, Director, 10% owneropen-market buy34$2065.00$70K64,551Jun 8, 2026
Jun 5, 2026Holding Frank B JRChairman and CEO, Director, 10% owneropen-market buy1$2068.50$2K64,552Jun 8, 2026
Jun 5, 2026Holding Frank B JRChairman and CEO, Director, 10% owneropen-market buy5$2070.00$10K64,557Jun 8, 2026
Jun 5, 2026Holding Frank B JRChairman and CEO, Director, 10% owneropen-market buy15$1780.00$27K64,572Jun 8, 2026
Jun 5, 2026Holding Frank B JRChairman and CEO, Director, 10% owneropen-market buy60$1860.00$112K64,160Jun 8, 2026
Jun 5, 2026Holding Frank B JRChairman and CEO, Director, 10% owneropen-market buy1$1879.48$2K64,161Jun 8, 2026
Jun 5, 2026Holding Frank B JRChairman and CEO, Director, 10% owneropen-market buy12$1886.00$23K64,173Jun 8, 2026
Jun 5, 2026Holding Frank B JRChairman and CEO, Director, 10% owneropen-market buy3$1890.00$6K64,176Jun 8, 2026
Jun 5, 2026Holding Frank B JRChairman and CEO, Director, 10% owneropen-market buy111$1898.00$211K64,287Jun 8, 2026
Jun 5, 2026Holding Frank B JRChairman and CEO, Director, 10% owneropen-market buy2$1899.00$4K64,289Jun 8, 2026
Jun 5, 2026Holding Frank B JRChairman and CEO, Director, 10% owneropen-market buy21$1920.00$40K64,310Jun 8, 2026
Jun 5, 2026Holding Frank B JRChairman and CEO, Director, 10% owneropen-market buy1$1927.40$2K64,311Jun 8, 2026
Jun 5, 2026Holding Frank B JRChairman and CEO, Director, 10% owneropen-market buy3$1940.40$6K64,314Jun 8, 2026
Jun 5, 2026Holding Frank B JRChairman and CEO, Director, 10% owneropen-market buy25$1950.00$49K64,339Jun 8, 2026
Jun 5, 2026Holding Frank B JRChairman and CEO, Director, 10% owneropen-market buy43$1970.00$85K64,382Jun 8, 2026
Jun 5, 2026Holding Frank B JRChairman and CEO, Director, 10% owneropen-market buy26$1990.00$52K64,408Jun 8, 2026

Full insider history for First Citizens BancShares Inc, or insider activity across all companies. A record of filings, not a recommendation.

Sources

Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
FIRST CITIZENS BANCSHARES INC /DE/, CIK 798941 on EDGAR
Extract generated
November 1, 2026
Withheld
none
Repaired
none
XBRL concepts behind each line

Income statement

Revenue: Revenues
Cost of revenue: not filed
Gross profit: not filed
Research and development: not filed
Selling, general and administrative: not filed
Operating income: not filed
Other income (expense): not filed
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: AvailableForSaleSecuritiesDebtSecuritiesCurrent
Total current assets: not filed
Total assets: Assets
Total current liabilities: not filed
Long-term debt: LongTermDebt
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): not filed

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquirePropertyPlantAndEquipment
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationAmortizationAndAccretionNet, DepreciationDepletionAndAmortization
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: PaymentsOfDividends, PaymentsOfDividendsCommonStock

The data

The statements on this page as files, generated November 1, 2026.

JSON file
/data/financials/FCNCA.json