What is FCNCA revenue?

First Citizens BancShares Inc. (FCNCA) reported $9.62B of revenue for the twelve months ended Sep 30, 2026. That is up 1.1% from the year before. Revenue for fiscal 2025 was $9.54B.

Yes. First Citizens BancShares Inc. earned $2.39B in net income for the twelve months ended Sep 30, 2026, a net margin of 24.9%.

How much cash and debt does FCNCA have?

First Citizens BancShares Inc. reported $981.00M in cash and cash equivalents and $24.47B of debt on its most recent balance sheet in SEC filings.

How fast is FCNCA revenue growing?

First Citizens BancShares Inc.'s revenue changed -2.2% in fiscal 2025, to $9.54B. Its compound annual growth rate was +38.6% over 5 years and +21.2% over 10 years.

What is FCNCA free cash flow?

First Citizens BancShares Inc. generated $2.47B of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $3.17B less capital expenditures.

What is FCNCA earnings per share?

Diluted earnings per share were $194.71 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.

When did FCNCA last report financial results?

The latest statements here come from First Citizens BancShares Inc.'s 10-Q filed on Nov 6, 2026, covering the period ended Sep 30, 2026.

Financials · FCNCA

First Citizens BancShares Inc. (FCNCA) financials

For the twelve months ended Sep 30, 2026, First Citizens BancShares Inc. reported $9.62B of revenue and $2.39B of net income.

Revenue, TTM: $9.62B
Revenue growth, YoY: +1.1%
Net income, TTM: $2.39B
Net income growth, YoY: +2.8%
Net margin: 24.9%
Free cash flow, TTM: $2.47B
EPS, diluted, TTM: $194.71
EPS growth, YoY: +15.1%
Cash: $981.00M
Total debt: $24.47B
P/E: 10.71
P/S: 2.66
Market cap: $25.62B

Annual revenue$9.54B

FY2016FY2025

Annual net income$2.21B

FY2016FY2025

Annual free cash flow$2.21B

FY2016FY2025

FCNCA revenue and earnings growth

FCNCA revenueQ3 2026$2.43B

Quarter YoY: +0.0%
QoQ: +0.0%
FY YoY: -2.2%
5Y CAGR: +38.6%
10Y CAGR: +21.2%

FCNCA revenue was $2.43B in fiscal Q3 2026 (ended Sep 30, 2026), up 0.0% from a year earlier and up 0.0% from the prior quarter. For the full fiscal 2025 it was $9.54B, down 2.2% from fiscal 2024. Compound annual growth was +38.6% over 5 years and +21.2% over 10 years. It rose in 7 of the last 10 fiscal years.

FCNCA net incomeQ3 2026$606.00M

Quarter YoY: +6.7%
QoQ: -9.8%
FY YoY: -20.6%
5Y CAGR: +35.0%
10Y CAGR: +26.5%

FCNCA net income was $606.00M in fiscal Q3 2026 (ended Sep 30, 2026), up 6.7% from a year earlier and down 9.8% from the prior quarter. For the full fiscal 2025 it was $2.21B, down 20.6% from fiscal 2024. Compound annual growth was +35.0% over 5 years and +26.5% over 10 years. It rose in 8 of the last 10 fiscal years.

FCNCA EPSQ3 2026$51.23

Quarter YoY: +18.9%
QoQ: -7.7%
FY YoY: -12.8%

FCNCA diluted EPS was $51.23 in fiscal Q3 2026 (ended Sep 30, 2026), up 18.9% from a year earlier and down 7.7% from the prior quarter. For the full fiscal 2025 it was $165.24, down 12.8% from fiscal 2024.

FCNCA free cash flowQ3 2026$689.00M

Quarter YoY: +1.6%
QoQ: -26.8%
FY YoY: -13.5%
5Y CAGR: +55.6%
10Y CAGR: +31.5%

FCNCA free cash flow was $689.00M in fiscal Q3 2026 (ended Sep 30, 2026), up 1.6% from a year earlier and down 26.8% from the prior quarter. For the full fiscal 2025 it was $2.21B, down 13.5% from fiscal 2024. Compound annual growth was +55.6% over 5 years and +31.5% over 10 years. It rose in 1 of the last 3 fiscal years.

Export CSV

Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue	$9.54B	$9.76B	$18.79B	$5.08B	$1.90B	$1.86B	$1.73B	$1.61B	$1.58B	$1.32B
Interest expense	-	-	$3.68B	$467.00M	$61.00M	$96.00M	$92.64M	$36.86M	$43.79M	$43.08M
Pre-tax income	$2.97B	$3.59B	$12.08B	$1.36B	$701.00M	$618.00M	$592.05M	$503.61M	$543.70M	$351.07M
Income tax	$765.00M	$815.00M	$611.00M	$264.00M	$154.00M	$126.00M	$134.68M	$103.30M	$219.95M	$125.58M
Net income	$2.21B	$2.78B	$11.47B	$1.10B	$547.00M	$492.00M	$457.37M	$400.31M	$323.75M	$225.48M
EPS, basic	$165.24	$189.42	$785.14	$67.47	$53.88	$47.50	$41.05	$33.53	$29.96	$18.77
EPS, diluted	$165.24	$189.41	$784.51	$67.40	$53.88	$47.50	-	-	-	-
Diluted shares	13.0M	14.3M	14.5M	15.5M	9.8M	10.1M	-	-	-	-

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Cash and equivalents	$801.00M	$814.00M	$908.00M	$518.00M	$338.00M	$362.00M	$377.00M	$327.44M	$336.15M	$539.74M
Goodwill	$346.00M	$346.00M	$346.00M	$346.00M	$346.00M	$350.00M	$349.40M	$236.35M	$150.60M	$150.60M
Total assets	$229.70B	$223.72B	$213.76B	$109.30B	$58.31B	$49.96B	$39.82B	$35.41B	$34.53B	$32.99B
Short-term debt	$224.00M	$367.00M	$485.00M	$2.19B	$589.00M	$641.49M	$738.23M	$572.29M	$693.81M	$603.49M
Long-term debt	$35.78B	$36.68B	$37.17B	$4.46B	$1.20B	-	-	$13.92M	$870.24M	$832.94M
Total debt	$36.01B	$37.05B	$37.65B	$6.64B	$1.78B	$1.25B	$588.64M	$586.21M	$1.56B	$1.44B
Total liabilities	$207.46B	$201.49B	$192.50B	$99.64B	$53.57B	$45.73B	$36.24B	$31.92B	$31.19B	$29.98B
Shareholders' equity	$22.24B	$22.23B	$21.25B	$9.66B	$4.74B	$4.23B	$3.59B	$3.49B	$3.33B	$3.01B

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Operating cash flow	$2.92B	$2.99B	$2.66B	$2.79B	-$284.00M	$376.00M	$578.25M	$453.77M	$355.26M	$230.51M
Capital expenditures	$710.00M	$429.00M	$405.00M	$155.00M	$107.00M	$133.00M	$121.08M	$140.44M	$84.80M	$81.84M
Free cash flow	$2.21B	$2.56B	$2.25B	$2.64B	-$391.00M	$243.00M	$457.17M	$313.32M	$270.46M	$148.66M
Investing cash flow	-$5.61B	-$10.15B	$2.43B	$75.00M	-$7.57B	-$9.91B	-$1.60B	$101.14M	-$668.67M	-$1.10B
Financing cash flow	$2.67B	$7.07B	-$4.70B	-$2.69B	$7.83B	$9.52B	$1.07B	-$563.62M	$109.82M	$875.54M
Dividends paid	$161.00M	$158.00M	$117.00M	$83.00M	$42.00M	$30.00M	$18.14M	$16.78M	$14.41M	$14.41M
Share repurchases	$3.03B	$1.65B	$0	$1.24B	$0	$334.00M	$453.12M	$163.09M	$0	$0
Stock-based compensation	$0	$0	$5.00M	$19.00M	$0	$0	-	-	-	-
Depreciation and amortization	$314.00M	$276.00M	$225.00M	$142.00M	$107.00M	$109.00M	$103.83M	$96.78M	$90.80M	$88.78M

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue growth, YoY	-2.2%	-48.1%	269.7%	167.8%	1.8%	8.0%	7.3%	1.7%	19.7%	-5.0%
Net income growth, YoY	-20.6%	-75.8%	944.3%	100.7%	11.2%	7.6%	14.3%	23.6%	43.6%	7.2%
EPS growth, YoY	-12.8%	-75.9%	1064.0%	-	13.4%	-	-	-	-	-
Net margin	23.1%	28.5%	61.0%	21.6%	28.8%	26.4%	26.5%	24.9%	20.5%	17.1%
Free cash flow margin	23.2%	26.2%	12.0%	51.9%	-20.6%	13.0%	26.5%	19.5%	17.1%	11.2%
Return on equity	9.9%	12.5%	53.9%	11.4%	11.5%	11.6%	12.8%	11.5%	9.7%	7.5%
Return on assets	1.0%	1.2%	5.4%	1.0%	0.9%	1.0%	1.1%	1.1%	0.9%	0.7%
Debt to equity	1.62	1.67	1.77	0.69	0.38	0.30	0.16	0.17	0.47	0.48

Income statement

Income statement
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue	$2.43B	$2.43B	$2.31B	$2.44B	$2.43B	$2.37B	$2.30B	$2.41B	$2.45B	$2.46B	$2.44B	$2.45B
Interest expense	-	-	-	-	-	-	-	-	-	-	$1.27B	$1.21B
Pre-tax income	$805.00M	$891.00M	$705.00M	$811.00M	$751.00M	$758.00M	$651.00M	$736.00M	$873.00M	$979.00M	$1.00B	$713.00M
Income tax	$199.00M	$219.00M	$171.00M	$231.00M	$183.00M	$183.00M	$168.00M	$36.00M	$234.00M	$272.00M	$273.00M	$199.00M
Net income	$606.00M	$672.00M	$534.00M	$580.00M	$568.00M	$575.00M	$483.00M	$700.00M	$639.00M	$707.00M	$731.00M	$514.00M
EPS, basic	$51.23	$55.52	$42.63	$45.33	$43.08	$42.36	$34.47	$49.19	$43.42	$47.54	$49.27	$34.31
EPS, diluted	$51.23	$55.52	$42.63	$45.33	$43.08	$42.36	$34.47	$49.19	$43.42	$47.54	$49.26	$34.33
Diluted shares	11.3M	11.5M	11.9M	-	12.8M	13.2M	13.6M	-	14.4M	14.5M	14.5M	-

Balance sheet

Balance sheet
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Cash and equivalents	$981.00M	$1.52B	$1.08B	$801.00M	$874.00M	$889.00M	$812.00M	$814.00M	$862.00M	$764.00M	$698.00M	$908.00M
Goodwill	$418.00M	$346.00M	$346.00M	$346.00M	$346.00M	$346.00M	$346.00M	$346.00M	$346.00M	$346.00M	$346.00M	$346.00M
Total assets	$241.18B	$236.84B	$235.96B	$229.70B	$233.49B	$229.65B	$228.82B	$223.72B	$220.57B	$219.83B	$217.84B	$213.76B
Short-term debt	$116.00M	$152.00M	$170.00M	$224.00M	$423.00M	$471.00M	$450.00M	$367.00M	$391.00M	$386.00M	$395.00M	$485.00M
Long-term debt	$24.35B	$32.04B	$33.79B	$35.78B	$38.25B	$37.64B	$37.96B	$36.68B	$36.77B	$37.07B	$37.15B	$37.17B
Total debt	$24.47B	$32.19B	$33.96B	$36.01B	$38.67B	$38.11B	$38.41B	$37.05B	$37.16B	$37.46B	$37.54B	$37.65B
Total liabilities	$219.60B	$214.94B	$213.91B	$207.46B	$211.50B	$207.36B	$206.53B	$201.49B	$197.74B	$197.34B	$195.99B	$192.50B
Shareholders' equity	$21.58B	$21.90B	$22.05B	$22.24B	$21.99B	$22.30B	$22.30B	$22.23B	$22.83B	$22.49B	$21.85B	$21.25B

Cash flow

Cash flow
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Operating cash flow	$902.00M	$1.04B	$172.00M	$1.05B	$916.00M	$859.00M	$98.00M	$1.12B	$991.00M	$417.00M	$461.00M	$901.00M
Capital expenditures	$213.00M	$102.00M	$141.00M	$243.00M	$238.00M	$126.00M	$103.00M	$128.00M	$106.00M	$101.00M	$94.00M	$208.00M
Free cash flow	$689.00M	$941.00M	$31.00M	$807.00M	$678.00M	$733.00M	-$5.00M	$991.00M	$885.00M	$316.00M	$367.00M	$693.00M
Investing cash flow	-$416.00M	-$752.00M	-$6.54B	$3.63B	-$3.80B	-$562.00M	-$4.88B	-$3.74B	-$301.00M	-$1.82B	-$4.29B	-$358.00M
Financing cash flow	-$1.02B	$148.00M	$6.64B	-$4.75B	$2.87B	-$220.00M	$4.78B	$2.58B	-$592.00M	$1.47B	$3.62B	-$426.00M
Dividends paid	$53.00M	$55.00M	$51.00M	$40.00M	$39.00M	$40.00M	$42.00M	$42.00M	$38.00M	$39.00M	$39.00M	$39.00M
Share repurchases	$600.00M	$606.00M	$899.00M	$900.00M	$896.00M	$613.00M	$618.00M	$948.00M	$700.00M	$0	$0	$0
Stock-based compensation	-	-	-	-	-	-	-	$0	$0	$0	$0	$1.00M
Depreciation and amortization	$183.00M	$156.00M	$180.00M	$30.00M	$91.00M	$100.00M	$93.00M	$240.00M	$42.00M	$6.00M	-$12.00M	$237.00M

Key ratios

Key ratios
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue growth, YoY	0.0%	2.5%	0.7%	1.2%	-0.5%	-3.5%	-6.0%	-1.9%	-6.1%	-6.1%	-78.0%	99.4%
Net income growth, YoY	6.7%	16.9%	10.6%	-17.1%	-11.1%	-18.7%	-33.9%	36.2%	-15.0%	3.7%	-92.3%	100.0%
EPS growth, YoY	18.9%	31.1%	23.7%	-7.8%	-0.8%	-10.9%	-30.0%	43.3%	-14.3%	3.6%	-92.5%	106.9%
Net margin	24.9%	27.6%	23.1%	23.8%	23.3%	24.2%	21.0%	29.1%	26.1%	28.7%	29.9%	20.9%
Free cash flow margin	28.3%	38.7%	1.3%	33.1%	27.9%	30.9%	-0.2%	41.2%	36.2%	12.8%	15.0%	28.2%
Debt to equity	1.13	1.47	1.54	1.62	1.76	1.71	1.72	1.67	1.63	1.67	1.72	1.77

Source: XBRL data First Citizens BancShares Inc. files with the SEC, latest filing dated Nov 6, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

FCNCA peers

Company	Revenue	Growth	Net income	Net margin	Market cap
FCNCA	$9.62B	+1.1%	$2.39B	24.9%	$25.62B
JPMJP Morgan Chase & Co.	$203.15B	+13.2%	$65.98B	32.5%	$911.91B
BACBank of America Corporation	$120.16B	+5.4%	$32.24B	26.8%	$349.63B
WFCWells Fargo & Company	$87.23B	+5.4%	$22.97B	26.3%	$257.56B
CCitigroup Inc.	$85.22B	+5.6%	$14.31B	16.8%	$205.59B
UBSUBS Group AG Registered	$49.57B	+2.0%	$7.80B	15.7%	$153.25B
MFGMizuho Financial Group Inc. Sponosred ADR (Japan)	¥8.79T	+7.6%	¥1.16T	13.2%	$126.42B
COFCapital One Financial Corporation	$63.01B	+31.2%	$10.87B	17.2%	$118.57B
BNSBank Nova Scotia Halifax Pfd 3	C$37.74B	+12.1%	C$7.79B	20.6%	$114.48B

FCNCA FAQ

8 questions

What is FCNCA revenue?
First Citizens BancShares Inc. (FCNCA) reported $9.62B of revenue for the twelve months ended Sep 30, 2026. That is up 1.1% from the year before. Revenue for fiscal 2025 was $9.54B.
Is FCNCA profitable?
Yes. First Citizens BancShares Inc. earned $2.39B in net income for the twelve months ended Sep 30, 2026, a net margin of 24.9%.
How much cash and debt does FCNCA have?
First Citizens BancShares Inc. reported $981.00M in cash and cash equivalents and $24.47B of debt on its most recent balance sheet in SEC filings.
How fast is FCNCA revenue growing?
First Citizens BancShares Inc.'s revenue changed -2.2% in fiscal 2025, to $9.54B. Its compound annual growth rate was +38.6% over 5 years and +21.2% over 10 years.
What is FCNCA free cash flow?
First Citizens BancShares Inc. generated $2.47B of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $3.17B less capital expenditures.
What is FCNCA earnings per share?
Diluted earnings per share were $194.71 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
When did FCNCA last report financial results?
The latest statements here come from First Citizens BancShares Inc.'s 10-Q filed on Nov 6, 2026, covering the period ended Sep 30, 2026.
Where does this FCNCA financial data come from?
Quantisnow builds these statements from the structured XBRL data First Citizens BancShares Inc. files with the SEC. It is provided for information only and is not investment advice.