First Citizens Bancshares Inc. FCNCA
What this company does
Written from the business description in FIRST CITIZENS BANCSHARES INC /DE/'s annual report to the U.S. Securities and Exchange Commission, filed 24 February 2026. Every sentence was checked against that document before publication.
Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.
Each USD of equity produced 10 cents of profit this year.
EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue $B | 9.5 | 9.8 | 18.8 | 5.1 | · | · | · | · | · | · | · | · | · | · | · | · | · | · |
| Operating income $B | 3.0 | 3.6 | 12.1 | 1.4 | 0.7 | 0.6 | 0.6 | 0.5 | 0.5 | 0.4 | 0.3 | 0.2 | 0.3 | 0.2 | 0.3 | 0.3 | 0.2 | · |
| EBITDA $B | 3.3 | 3.9 | 12.3 | 1.5 | 0.8 | 0.7 | 0.7 | 0.6 | 0.6 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | 0.2 | · |
| Income tax $B | 0.8 | 0.8 | 0.6 | 0.3 | 0.2 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | · |
| Net income $B | 2.2 | 2.8 | 11.5 | 1.1 | 0.5 | 0.5 | 0.5 | 0.4 | 0.3 | 0.2 | 0.2 | 0.1 | 0.2 | 0.1 | 0.2 | 0.2 | 0.1 | 0.1 |
| Free cash flow $B | 2.2 | 2.6 | 2.3 | 2.6 | −0.4 | 0.2 | 0.5 | 0.3 | 0.3 | 0.1 | 0.1 | 0.1 | 0.3 | 0.1 | 0.3 | 0.0 | 0.1 | 0.1 |
| EPS, diluted $ | 165.24 | 189.41 | 784.51 | 67.40 | 53.88 | 47.50 | · | · | · | · | · | · | · | · | · | · | · | · |
| Dividend / sh $ | 7.95 | 6.87 | 3.89 | 2.16 | 1.88 | 1.67 | 1.60 | 1.45 | 1.25 | 1.20 | 1.20 | 1.20 | 1.20 | 1.20 | 1.20 | 1.20 | · | · |
| Payout % | 7 | 6 | 1 | 8 | 8 | 6 | 4 | 4 | 4 | 6 | 9 | 8 | 5 | 12 | 6 | 6 | 11 | 13 |
| ROE % | 9.9 | 12.8 | 74.2 | 15.2 | 12.2 | 12.6 | 12.9 | 11.7 | 10.2 | 7.7 | 7.6 | 5.8 | 8.5 | 7.1 | 10.9 | 11.7 | 7.7 | 6.3 |
Slide the table for earlier years · "·" marks a figure not available in our data for that year.
Reconciled in 18 of 19 fiscal years. 1 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. 6 checks could not be computed.