Latest Quarter
2025-03-31
First Citizens BancShares Inc (FCNCA)
Revenue
$3.5B
Net Income
$483M
Operating Margin
22.8%
Free Cash Flow
$1.5B
Debt / Assets
90.3%
Values are in USD and rounded to the nearest whole number unless noted.
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| Income Statement (Quarterly) | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|
| Revenue | 3,530,000,000 | 3,689,000,000 | 3,783,000,000 | 3,707,000,000 |
| Cost of Revenue | 1,232,000,000 | 1,447,000,000 | 1,459,000,000 | 1,404,000,000 |
| Gross Profit | 2,298,000,000 | 2,242,000,000 | 2,324,000,000 | 2,303,000,000 |
| Operating Expenses | ||||
| R&D Expenses | 0 | 0 | 0 | 0 |
| SG&A Expenses | 133,000,000 | 913,000,000 | 898,000,000 | 856,000,000 |
| Operating Expenses | 1,493,000,000 | 1,506,000,000 | 1,451,000,000 | 1,324,000,000 |
| Operating Income | 805,000,000 | 736,000,000 | 873,000,000 | 979,000,000 |
| Interest Expense | 1,232,000,000 | 1,292,000,000 | 1,342,000,000 | 1,309,000,000 |
| Income Before Tax | 651,000,000 | 736,000,000 | 873,000,000 | 979,000,000 |
| Income Tax Expense | 168,000,000 | 36,000,000 | 234,000,000 | 272,000,000 |
| Net Income | 483,000,000 | 700,000,000 | 639,000,000 | 707,000,000 |
| Per Share | ||||
| EPS | 34.47 | 49.21 | 43.41 | 47.54 |
| EPS Diluted | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Statement (Annual) | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Revenue | 14,497,000,000 | 14,940,000,000 | 12,638,000,000 | 4,541,000,000 | 1,838,593,000 |
| Cost of Revenue | 5,590,000,000 | 5,641,000,000 | 5,054,000,000 | 1,995,000,000 | 0 |
| Gross Profit | 8,907,000,000 | 9,299,000,000 | 7,584,000,000 | 2,546,000,000 | 0 |
| Operating Expenses | |||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 4,248,000,000 | 3,511,000,000 | 3,118,000,000 | 1,669,000,000 | 772,985,000 |
| Operating Expenses | 5,936,000,000 | 5,707,000,000 | -4,493,000,000 | 110,000,000 | 0 |
| Operating Income | 2,971,000,000 | 3,592,000,000 | 12,077,000,000 | 2,775,000,000 | 0 |
| Interest Expense | 4,964,000,000 | 5,210,000,000 | 3,679,000,000 | 467,000,000 | 60,676,000 |
| Income Before Tax | 2,971,000,000 | 3,592,000,000 | 12,077,000,000 | 1,362,000,000 | 701,661,000 |
| Income Tax Expense | 765,000,000 | 815,000,000 | 611,000,000 | 264,000,000 | 154,202,000 |
| Net Income | 2,206,000,000 | 2,777,000,000 | 11,466,000,000 | 1,098,000,000 | 547,459,000 |
| Per Share | |||||
| EPS | 165.76 | 189.42 | 785.18 | 67.47 | 54.44 |
| EPS Diluted | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Balance Sheet (Quarterly) | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Cash and Cash Equivalents | 20,602,000,000 | 22,178,000,000 | 34,517,000,000 | 5,543,000,000 |
| Short Term Investments | 232,000,000 | 33,908,000,000 | 19,936,000,000 | 8,995,000,000 |
| Net Receivables | 146,364,000,000 | 3,490,000,000 | 0 | 2,873,000,000 |
| Inventory | 0 | 0 | -4,201,000,000 | -9,165,000,000 |
| Total Current Assets | 168,002,000,000 | 59,576,000,000 | 36,203,000,000 | 518,000,000 |
| Property Plant Equipment | 12,068,000,000 | 11,645,000,000 | 10,977,000,000 | 9,957,000,000 |
| Goodwill and Intangibles | 541,000,000 | 622,000,000 | 683,000,000 | 511,000,000 |
| Total Assets | 229,698,000,000 | 223,720,000,000 | 215,155,000,000 | 109,298,000,000 |
| Liabilities | ||||
| Account Payables | 0 | 134,000,000 | 137,000,000 | 995,000,000 |
| Short Term Debt | 224,000,000 | 367,000,000 | 0 | 1,750,000,000 |
| Total Current Liabilities | 162,950,000,000 | 155,730,000,000 | 111,571,000,000 | 3,548,000,000 |
| Long Term Debt | 35,784,000,000 | 37,041,000,000 | 37,565,000,000 | 4,459,000,000 |
| Total Liabilities | 207,460,000,000 | 201,492,000,000 | 193,988,000,000 | 99,636,000,000 |
| Shareholders Equity | ||||
| Retained Earnings | 20,768,000,000 | 19,361,000,000 | 16,742,000,000 | 5,392,000,000 |
| Total Shareholders Equity | 22,238,000,000 | 22,228,000,000 | 21,255,000,000 | 9,662,000,000 |
| Balance Sheet (Annual) | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Assets | |||||
| Cash and Cash Equivalents | 20,602,000,000 | 22,178,000,000 | 34,517,000,000 | 5,543,000,000 | 337,814,000 |
| Short Term Investments | 232,000,000 | 33,908,000,000 | 19,936,000,000 | 8,995,000,000 | 18,318,087,000 |
| Net Receivables | 146,364,000,000 | 3,490,000,000 | 0 | 2,873,000,000 | 134,237,000 |
| Inventory | 0 | 0 | -4,201,000,000 | -9,165,000,000 | 0 |
| Total Current Assets | 168,002,000,000 | 59,576,000,000 | 36,203,000,000 | 518,000,000 | 34,460,505,000 |
| Property Plant Equipment | 12,068,000,000 | 11,645,000,000 | 10,977,000,000 | 9,957,000,000 | 1,233,418,000 |
| Goodwill and Intangibles | 541,000,000 | 622,000,000 | 683,000,000 | 511,000,000 | 389,149,000 |
| Total Assets | 229,698,000,000 | 223,720,000,000 | 215,155,000,000 | 109,298,000,000 | 58,308,140,000 |
| Liabilities | |||||
| Account Payables | 0 | 134,000,000 | 137,000,000 | 995,000,000 | 0 |
| Short Term Debt | 224,000,000 | 367,000,000 | 0 | 1,750,000,000 | 0 |
| Total Current Liabilities | 162,950,000,000 | 155,730,000,000 | 111,571,000,000 | 3,548,000,000 | 0 |
| Long Term Debt | 35,784,000,000 | 37,041,000,000 | 37,565,000,000 | 4,459,000,000 | 1,194,378,000 |
| Total Liabilities | 207,460,000,000 | 201,492,000,000 | 193,988,000,000 | 99,636,000,000 | 53,570,899,000 |
| Shareholders Equity | |||||
| Retained Earnings | 20,768,000,000 | 19,361,000,000 | 16,742,000,000 | 5,392,000,000 | 4,377,712,000 |
| Total Shareholders Equity | 22,238,000,000 | 22,228,000,000 | 21,255,000,000 | 9,662,000,000 | 4,737,241,000 |
| Cash Flow Statement (Quarterly) | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | 2,777,000,000 | 11,466,000,000 | 1,098,000,000 | 547,459,000 |
| Depreciation & Amortization | 130,000,000 | -57,000,000 | 533,000,000 | 132,167,000 |
| Stock Based Compensation | 0 | 5,000,000 | 19,000,000 | 0 |
| Change in Working Capital | -529,000,000 | -173,000,000 | 744,000,000 | -727,833,000 |
| Operating Cash Flow | 2,988,000,000 | 2,707,000,000 | 2,791,000,000 | -283,783,000 |
| Investing Activities | ||||
| Capital Expenditure | -1,535,000,000 | -1,428,000,000 | -926,000,000 | 0 |
| Investments | -1,535,000,000 | -1,428,000,000 | -926,000,000 | 0 |
| Investing Cash Flow | -10,155,000,000 | 2,382,000,000 | 75,000,000 | -7,568,426,000 |
| Financing Activities | ||||
| Debt Repayment | -450,000,000 | -4,840,000,000 | -6,607,000,000 | 0 |
| Common Stock Issued/Repurchased | -1,648,000,000 | 0 | -1,240,000,000 | 0 |
| Dividends Paid | -158,000,000 | -117,000,000 | -83,000,000 | -41,612,000 |
| Financing Cash Flow | 7,073,000,000 | -4,699,000,000 | -2,686,000,000 | 7,827,975,000 |
| Summary | ||||
| Free Cash Flow | 1,453,000,000 | 1,279,000,000 | 1,865,000,000 | -283,783,000 |
| Net Change in Cash | -94,000,000 | 390,000,000 | 180,000,000 | -24,234,000 |
| Cash Flow Statement (Annual) | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 2,777,000,000 | 11,466,000,000 | 1,098,000,000 | 547,459,000 | 491,723,000 |
| Depreciation & Amortization | 130,000,000 | -57,000,000 | 533,000,000 | 132,167,000 | 141,442,000 |
| Stock Based Compensation | 0 | 5,000,000 | 19,000,000 | 0 | 0 |
| Change in Working Capital | -529,000,000 | -173,000,000 | 744,000,000 | -727,833,000 | -49,960,000 |
| Operating Cash Flow | 2,988,000,000 | 2,707,000,000 | 2,791,000,000 | -283,783,000 | 340,015,000 |
| Investing Activities | |||||
| Capital Expenditure | -1,535,000,000 | -1,428,000,000 | -926,000,000 | 0 | -133,384,000 |
| Investments | -1,535,000,000 | -1,428,000,000 | -926,000,000 | 0 | -133,384,000 |
| Investing Cash Flow | -10,155,000,000 | 2,382,000,000 | 75,000,000 | -7,568,426,000 | -9,871,758,000 |
| Financing Activities | |||||
| Debt Repayment | -450,000,000 | -4,840,000,000 | -6,607,000,000 | 0 | -183,483,000 |
| Common Stock Issued/Repurchased | -1,648,000,000 | 0 | -1,240,000,000 | 0 | -333,755,000 |
| Dividends Paid | -158,000,000 | -117,000,000 | -83,000,000 | -41,612,000 | -30,393,000 |
| Financing Cash Flow | 7,073,000,000 | -4,699,000,000 | -2,686,000,000 | 7,827,975,000 | 9,517,072,000 |
| Summary | |||||
| Free Cash Flow | 1,453,000,000 | 1,279,000,000 | 1,865,000,000 | -283,783,000 | 206,631,000 |
| Net Change in Cash | -94,000,000 | 390,000,000 | 180,000,000 | -24,234,000 | -14,671,000 |