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First Citizens BancShares Inc. Depositary Shs Repr 1/40th Non-Cum Perp Pfd Registered Shs Ser E logo

First Citizens BancShares Inc. Depositary Shs Repr 1/40th Non-Cum Perp Pfd Registered Shs Ser E

FCNCN

NASDAQFinancial ServicesBanks - Regional

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Previous close

$24.9905

−$0.0095 · -0.04%

Aug 21, 4:00 PM ET

FCNCN company overview

Regular session · ET · Market data may be delayed.

Company profile

Company website

First Citizens BancShares, Inc. operates as a bank holding company, delivering both retail and commercial banking services through its various subsidiary entities. The organization's structure is categorized into four main segments: General Banking, Commercial Banking, Rail, and Corporate. The General Banking division is responsible for serving individual customers, primarily leveraging its extensive branch network. Commercial Banking, conversely, focuses on providing small and middle-market companies with lending products, leasing solutions, and a range of financial and advisory services. The Rail segment specializes in equipment leasing and secured financing solutions tailored for railroad and shipping entities. Lastly, the Corporate segment encompasses the company's investment securities portfolio and its interest-bearing cash holdings. The firm was established on August 7, 1986, and its corporate headquarters are located in Raleigh, North Carolina.

Industry
Banks - Regional
Sector
Financial Services
Headquarters
US
CEO
Frank Holding
Listed since
Jan 30, 2026
Employees
18,141

Market position

Day range

Current $24.9905

52-week range

Current $24.9905

Open
$24.95
Previous close
$25.00
Volume
5.27K
0.15× average
Average volume
35.47K
Average daily volume
Market cap
22.5B USD
Beta
0.06
Market reference 1
50-day average
$25.102
-0.44% below average
200-day average
$25.0294
-0.16% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
16.06B USD
P/E (TTM)
0.13×
P/B (TTM)
0.01×
P/S (TTM)
1.58×
EV / EBITDA
4.76×
Earnings yield
681.94%
Free cash flow yield
420.72%
Dividend yield
2.39%

Profitability & efficiency

Gross margin
63.96%
Operating margin
22.10%
Net margin
16.48%
Return on equity
9.92%
Return on assets
0.96%
Return on invested capital
3.44%

Financial health

Debt / equity
1.47×
Current ratio
0.32×
Altman Z-score
0.29
Piotroski F-score
8 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends107%74%40%7%Gross margin, FY2021: 98.75%Gross margin, FY2022: 79.88%Gross margin, FY2023: 83.87%Gross margin, FY2024: 61.24%Gross margin, FY2025: 61.47%Operating margin, FY2021: 36.93%Operating margin, FY2022: 24.64%Operating margin, FY2023: 38.54%Operating margin, FY2024: 24.68%Operating margin, FY2025: 20.90%Net margin, FY2021: 28.81%Net margin, FY2022: 19.87%Net margin, FY2023: 36.59%Net margin, FY2024: 19.08%Net margin, FY2025: 15.52%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 98.75%. Gross margin FY2022 79.88%. Gross margin FY2023 83.87%. Gross margin FY2024 61.24%. Gross margin FY2025 61.47%. Operating margin FY2021 36.93%. Operating margin FY2022 24.64%. Operating margin FY2023 38.54%. Operating margin FY2024 24.68%. Operating margin FY2025 20.90%. Net margin FY2021 28.81%. Net margin FY2022 19.87%. Net margin FY2023 36.59%. Net margin FY2024 19.08%. Net margin FY2025 15.52%.

Income trends

Revenue

14.22B USD-2.31%

Operating income

2.97B USD-17.29%

Net income

2.21B USD-20.56%
Income trends across reported periods34.42B USD22.1B USD9.78B USD−2.53B USDRevenue, FY2021: 1.9B USDRevenue, FY2022: 5.53B USDRevenue, FY2023: 31.34B USDRevenue, FY2024: 14.55B USDRevenue, FY2025: 14.22B USDOperating income, FY2021: 701.66M USDOperating income, FY2022: 1.36B USDOperating income, FY2023: 12.08B USDOperating income, FY2024: 3.59B USDOperating income, FY2025: 2.97B USDNet income, FY2021: 547.46M USDNet income, FY2022: 1.1B USDNet income, FY2023: 11.47B USDNet income, FY2024: 2.78B USDNet income, FY2025: 2.21B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.9B USD. Revenue FY2022 5.53B USD. Revenue FY2023 31.34B USD. Revenue FY2024 14.55B USD. Revenue FY2025 14.22B USD. Operating income FY2021 701.66M USD. Operating income FY2022 1.36B USD. Operating income FY2023 12.08B USD. Operating income FY2024 3.59B USD. Operating income FY2025 2.97B USD. Net income FY2021 547.46M USD. Net income FY2022 1.1B USD. Net income FY2023 11.47B USD. Net income FY2024 2.78B USD. Net income FY2025 2.21B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue14.22B USD14.55B USD31.34B USD5.53B USD1.9B USD
Cost of goods sold5.48B USD5.64B USD5.05B USD1.11B USD23.84M USD
Gross profit8.74B USD8.91B USD26.28B USD4.42B USD1.88B USD
Selling, general, and administrative3.82B USD3.51B USD3.12B USD1.68B USD888.62M USD
Operating expenses5.77B USD5.32B USD14.21B USD3.05B USD1.17B USD
Interest income11.78B USD12.35B USD10.39B USD3.41B USD1.45B USD
Interest expense4.96B USD5.21B USD3.68B USD467M USD60.68M USD
Depreciation and amortization405M USD130M USD−57M USD533M USD106.59M USD
Operating income2.97B USD3.59B USD12.08B USD1.36B USD701.66M USD
Net income2.21B USD2.78B USD11.47B USD1.1B USD547.46M USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
165.28
FY2025 · -12.72% year over year
Latest fiscal-year revenue
14.22B USD
FY2025 · -2.31% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend857.62565.35273.08-19.19FY21FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend34.28B22.51B10.73B-1.04BFY21FY22FY23FY24FY25

Corporate actions

Corporate action history

DividendUpcoming

Ex-dividend Aug 31, 2026

$0.414

Quarterly

Record Aug 31, 2026 · Payment Sep 15, 2026

Dividend

Ex-dividend May 29, 2026

$0.598

Irregular

Record May 29, 2026 · Payment Jun 15, 2026

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ETFs holding FCNCN

Funds reporting this stock among their holdings, ordered by reported position size.

Virtus InfraCap U.S. Preferred Stock ETF logoVirtus InfraCap U.S. Preferred Stock ETFPFFA
Market value
48.9M
Weight
1.96%
AUM
2.5B USD
Expense ratio
2.11%
Price / 1D
$20.890.00%
iShares Preferred and Income Securities ETF logoiShares Preferred and Income Securities ETFPFF
Market value
24.72M
Weight
0.19%
AUM
13.06B USD
Expense ratio
0.45%
Price / 1D
$30.46+0.03%
Invesco Preferred ETF logoInvesco Preferred ETFPGX
Market value
14.56M
Weight
0.39%
AUM
3.76B USD
Expense ratio
0.50%
Price / 1D
$10.60-0.28%
Invesco Financial Preferred ETF logoInvesco Financial Preferred ETFPGF
Market value
5.19M
Weight
0.78%
AUM
658.76M USD
Expense ratio
0.55%
Price / 1D
$13.425-0.33%
Invesco Variable Rate Preferred ETF logoInvesco Variable Rate Preferred ETFVRP
Market value
4.17M
Weight
0.14%
AUM
3.02B USD
Expense ratio
0.50%
Price / 1D
$24.17+0.12%
John Hancock Investments - Preferred Income ETF logoJohn Hancock Investments - Preferred Income ETFJHPI
Market value
914.05K
Weight
0.44%
AUM
217.46M USD
Expense ratio
0.54%
Price / 1D
$22.48-0.11%
AAM Low Duration Preferred and Income Securities ETF logoAAM Low Duration Preferred and Income Securities ETFPFLD
Market value
774.71K
Weight
0.19%
AUM
487.73M USD
Expense ratio
0.45%
Price / 1D
$19.550.00%
Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF logoGoldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETFGPRF
Market value
167.13K
Weight
0.11%
AUM
145.77M USD
Expense ratio
0.45%
Price / 1D
$49.345+0.03%

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