FIRST CITIZENS BANCSHARES INC /DE/

For the period ended Mar 31, 2026. Filed May 8, 2026.

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.

Mar 31, 2026 · Filed May 8, 2026

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

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Contents

Consolidated Statements of Income (Unaudited)

	Three Months Ended March 31,
dollars in millions, except share and per share data	2026	2025
Interest income
Loans and leases	$2,206	$2,236
Investment securities	384	414
Deposits at banks	196	245
Total interest income	2,786	2,895
Interest expense
Deposits	833	893
Borrowings	332	339
Total interest expense	1,165	1,232
Net interest income	1,621	1,663
Provision for credit losses	72	154
Net interest income after provision for credit losses	1,549	1,509
Noninterest income
Rental income on operating lease equipment	281	270
Lending-related fees	69	66
Deposit fees and service charges	70	58
Client investment fees	53	53
Wealth management services	59	56
International fees	35	32
Factoring commissions	17	17
Cardholder services, net	38	41
Merchant services, net	13	14
Insurance commissions	13	14
Fair value adjustment on marketable equity securities, net	3	(5)
Gain on sale of leasing equipment, net	11	5
Loss on extinguishment of debt	(8)	—
Other noninterest income	38	14
Total noninterest income	692	635
Noninterest expense
Depreciation on operating lease equipment	101	98
Maintenance and other operating lease expenses	65	58
Personnel cost	869	818
Net occupancy expense	60	58
Equipment expense	136	136
Professional fees	24	25
Third-party processing fees	93	63
FDIC insurance expense	38	38
Marketing expense	30	32
Acquisition-related expenses	5	42
Intangible asset amortization	13	15
Other noninterest expense	102	110
Total noninterest expense	1,536	1,493
Income before income taxes	705	651
Income tax expense	171	168
Net income	$534	$483
Preferred stock dividends	26	15
Net income available to common stockholders	$508	$468
Earnings per common share
Basic and diluted	$42.63	$34.47
Weighted average common shares outstanding
Basic and diluted	11,924,899	13,575,231

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.