FIRST CITIZENS BANCSHARES INC DE

For the period ended Sep 30, 2024. Filed Nov 7, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2024 · Filed Nov 7, 2024

FCNCA$2,311.52+0.9%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Changes in Stockholders’ Equity (Unaudited)

	Three Months Ended
dollars in millions, except per share data	Preferred Stock	Class A Common Stock	Class B Common Stock	Additional Paid in Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Total Stockholders' Equity
Balance at June 30, 2024	$881	$14	$1	$4,099	$18,102	$(610)	$22,487
Net income	—	—	—	—	639	—	639
Other comprehensive income, net of tax	—	—	—	—	—	451	451
Stock based compensation	—	—	—	(4)	—	—	(4)
Repurchased 353,058 shares of Class A common stock	—	(1)	—	(706)	—	—	(707)
Cash dividends declared ($1.64 per common share):
Class A common stock	—	—	—	—	(21)	—	(21)
Class B common stock	—	—	—	—	(2)	—	(2)
Preferred stock dividends declared:
Series A	—	—	—	—	(5)	—	(5)
Series B	—	—	—	—	(8)	—	(8)
Series C	—	—	—	—	(2)	—	(2)
Balance at September 30, 2024	$881	$13	$1	$3,389	$18,703	$(159)	$22,828
Balance at June 30, 2023	$881	$14	$1	$4,106	$15,541	$(772)	$19,771
Net income	—	—	—	—	752	—	752
Other comprehensive loss, net of tax	—	—	—	—	—	(108)	(108)
Stock based compensation	—	—	—	—	—	—	—
Cash dividends declared ($0.75 per common share):
Class A common stock	—	—	—	—	(10)	—	(10)
Class B common stock	—	—	—	—	—	—	—
Preferred stock dividends declared:
Series A	—	—	—	—	(5)	—	(5)
Series B	—	—	—	—	(8)	—	(8)
Series C	—	—	—	—	(3)	—	(3)
Balance at September 30, 2023	$881	$14	$1	$4,106	$16,267	$(880)	$20,389

Consolidated Statements of Changes in Stockholders’ Equity (Unaudited)

	Nine Months Ended
dollars in millions, except per share data	Preferred Stock	Class A Common Stock	Class B Common Stock	Additional Paid in Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Total Stockholders' Equity
Balance at December 31, 2023	$881	$14	$1	$4,108	$16,742	$(491)	$21,255
Net income	—	—	—	—	2,077	—	2,077
Other comprehensive income, net of tax	—	—	—	—	—	332	332
Stock based compensation	—	—	—	(13)	—	—	(13)
Repurchased 353,058 shares of Class A common stock	—	(1)	—	(706)	—	—	(707)
Cash dividends declared ($4.92 per common share):
Class A common stock	—	—	—	—	(65)	—	(65)
Class B common stock	—	—	—	—	(5)	—	(5)
Preferred stock dividends declared:
Series A	—	—	—	—	(14)	—	(14)
Series B	—	—	—	—	(24)	—	(24)
Series C	—	—	—	—	(8)	—	(8)
Balance at September 30, 2024	$881	$13	$1	$3,389	$18,703	$(159)	$22,828
Balance at December 31, 2022	$881	$14	$1	$4,109	$5,392	$(735)	$9,662
Net income	—	—	—	—	10,952	—	10,952
Other comprehensive loss, net of tax	—	—	—	—	—	(145)	(145)
Stock based compensation	—	—	—	(3)	—	—	(3)
Cash dividends declared ($2.25 per common share):
Class A common stock	—	—	—	—	(31)	—	(31)
Class B common stock	—	—	—	—	(2)	—	(2)
Preferred stock dividends declared:
Series A	—	—	—	—	(14)	—	(14)
Series B	—	—	—	—	(22)	—	(22)
Series C	—	—	—	—	(8)	—	(8)
Balance at September 30, 2023	$881	$14	$1	$4,106	$16,267	$(880)	$20,389

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.