What is First Citizens BancShares Inc's earnings per share (EPS)?

First Citizens BancShares Inc (FCNCA) reported diluted earnings per share of $165.24 for fiscal year 2025. This represents a -12.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

First Citizens BancShares Inc (FCNCA) Financials

FCNCA

Trailing 12 months to June 30, 2026

Revenue $9.6B +0.9% YoY

Net Income $2.4B -1.8% YoY

EPS (Diluted) $186.77 +10.3% YoY

Free Cash Flow $2.5B -5.6% YoY

Market Cap $23.6B as of Oct 5, 2026

Price / Sales 2.5x on $9.6B revenue, trailing 12 months to June 30, 2026

Price / Earnings 10.0x on $2.4B net income, trailing 12 months to June 30, 2026

Price / Book 1.1x on $21.9B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 5, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 7, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FCNCA SEC filings page.

First Citizens BancShares Inc (FCNCA) reported $9.6B in revenue over the twelve months to Jun 30, 2026, up 0.9% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI FCNCA FY2025 2026-10-04

The bank remains cash-generative, but FY2025 shows weaker profitability while shareholder distributions absorbed more than current earnings.

In FY2025, operating cash flow exceeded reported profit, at $2.9B versus $2.2B, indicating that earnings converted into cash. Capital spending reduced that conversion: free cash flow was $2.2B after $710M of investment, leaving less internally generated cash for balance-sheet growth.

The 2023 earnings spike did not become the operating base: revenue declined from $18.8B in FY2023 to $9.5B in FY2025. Net margin likewise narrowed from 61.0% to 23.1%, so the latest results represent normalization rather than continued expansion of that earlier profit level.

FY2025 distributions of roughly $3.2B exceeded net income of $2.2B, showing that capital was returned faster than it was retained. Equity remained nearly flat at $22.2B while assets reached $229.7B; with debt-to-equity at 1.6x, the balance sheet is being funded with substantial liabilities rather than accumulated earnings alone.

Financial Health Signals

Financial Health Score 42/100

Scored as: Banks peer group

Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of First Citizens BancShares Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Earnings

First Citizens BancShares Inc earned a return on assets of 1.0% in fiscal year 2025, which is the profit it made on every dollar of assets on its books. This is down from 1.2% the prior year. Earnings ranks banks on that return over three years, and First Citizens BancShares Inc scores 92/100 among other banks.

Growth

First Citizens BancShares Inc reported revenue of $9.5B in fiscal year 2025, against $9.8B in fiscal year 2024. Growth ranks banks on the three-year path of their net revenue, which is interest income and fee income less the interest they pay out, and First Citizens BancShares Inc scores 4/100 among other banks.

Capital

First Citizens BancShares Inc funded 9.7% of its assets with shareholders' equity at the end of fiscal year 2025, holding $22.2B of equity against $229.7B of assets. Capital ranks banks on that cushion, and First Citizens BancShares Inc scores 26/100 among other banks.

Efficiency

Efficiency measures what a bank spends running itself against the revenue that spending brings in, so a lower ratio is the better one. First Citizens BancShares Inc scores 81/100 on it among other banks.

Credit Quality

Credit Quality measures the money a bank set aside for loans it expects to go bad, against the size of the loan book it set that money aside for. First Citizens BancShares Inc scores 32/100 on it among other banks.

Stability

First Citizens BancShares Inc reported net income of $2.2B in fiscal year 2025, against $2.8B in fiscal year 2024. Stability ranks banks on how steady net income has been across five years, and First Citizens BancShares Inc scores 17/100 among other banks.

Piotroski F-Score Partial

4/6

First Citizens BancShares Inc passes 4 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.33x

For every $1 of reported earnings, First Citizens BancShares Inc generates $1.33 in operating cash flow ($2.9B OCF vs $2.2B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$2.4B

YoY+2.5%

QoQ+5.1%

5Y CAGR+38.4%

10Y CAGR+20.6%

First Citizens BancShares Inc generated $2.4B in revenue in Q2 2026. This represents an increase of 2.5% from the same quarter a year earlier. Against the prior quarter it is up 5.1%.

Net Income

$672.0M

YoY+16.9%

QoQ+25.8%

5Y CAGR+34.4%

10Y CAGR+25.5%

First Citizens BancShares Inc reported $672.0M in net income in Q2 2026. This represents an increase of 16.9% from the same quarter a year earlier. Against the prior quarter it is up 25.8%.

EPS (Diluted)

$55.52

YoY+31.1%

QoQ+30.2%

5Y CAGR+29.8%

First Citizens BancShares Inc earned $55.52 per diluted share (EPS) in Q2 2026. This represents an increase of 31.1% from the same quarter a year earlier. Against the prior quarter it is up 30.2%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Free Cash Flow

$941.0M

YoY+28.4%

QoQ+2935.5%

10Y CAGR+76.0%

First Citizens BancShares Inc generated $941.0M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 28.4% from the same quarter a year earlier. Against the prior quarter it is up 2935.5%.

Cash & Debt

$1.5B

YoY+70.9%

QoQ+40.6%

5Y CAGR+30.9%

10Y CAGR+11.6%

First Citizens BancShares Inc held $1.5B in cash against $32.0B in long-term debt as of Q2 2026.

Dividends Per Share

$2.10

YoY+7.7%

QoQ0.0%

5Y CAGR+34.9%

First Citizens BancShares Inc paid $2.10 per share in dividends in Q2 2026. This represents an increase of 7.7% from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

Diluted avg 12M

First Citizens BancShares Inc had a weighted average of 12M diluted shares in Q2 2026; the shares outstanding count is not reported for that period.

Margins & Returns

Net Margin

27.6%

YoY+3.4pp

QoQ+4.5pp

5Y change-4.3pp

10Y change+9.0pp

First Citizens BancShares Inc's net profit margin was 27.6% in Q2 2026, showing the share of revenue converted to profit. This is up 3.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.5 percentage points.

Return on Equity

3.1%

YoY+0.5pp

QoQ+0.7pp

5Y change-0.3pp

10Y change+0.8pp

First Citizens BancShares Inc's ROE was 3.1% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 0.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.7 percentage points.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Capital Allocation

Share Buybacks

$606.0M

YoY-1.1%

QoQ-32.6%

First Citizens BancShares Inc spent $606.0M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 1.1% from the same quarter a year earlier. Against the prior quarter it is down 32.6%.

Capital Expenditures

$102.0M

YoY-19.0%

QoQ-27.7%

5Y CAGR+31.4%

10Y CAGR+20.3%

First Citizens BancShares Inc invested $102.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 19.0% from the same quarter a year earlier. Against the prior quarter it is down 27.7%.

R&D Spending

Not reported for Q2 2026.

FCNCA Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

FCNCA quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$9.6B	$9.5B-2.2%	$9.8B-48.1%	$18.8B+269.7%	$5.1B+167.8%	$1.9B+1.8%	$1.9B+8.0%	$1.7B+7.3%	$1.6B+1.7%	$1.6B+19.7%	$1.3B-5.0%	$1.4B+32.2%	$1.1B+4.5%	$1.0B-9.0%	$1.1B-17.1%	$1.3B
SG&A Expenses	$3.4B	$3.3B+7.0%	$3.1B+16.8%	$2.6B+87.2%	$1.4B+85.5%	$759.0M+5.1%	$722.0M-34.6%	$1.1B+2.5%	$1.1B+6.4%	$1.0B+8.0%	$937.8M-9.7%	$1.0B+22.4%	$849.1M+10.1%	$771.4M+0.6%	$766.9M-3.3%	$792.9M
Interest Expense	$4.8B	$5.0B-4.7%	$5.2B+41.6%	$3.7B+687.8%	$467.0M+665.6%	$61.0M-36.5%	$96.0M+3.6%	$92.6M+151.4%	$36.9M-15.8%	$43.8M+1.7%	$43.1M-2.8%	$44.3M-12.0%	$50.4M-11.1%	$56.6M-37.2%	$90.1M-37.5%	$144.2M
Income Tax	$804.0M	$765.0M-6.1%	$815.0M+33.4%	$611.0M+131.4%	$264.0M+71.4%	$154.0M+22.2%	$126.0M-6.4%	$134.7M+30.4%	$103.3M-53.0%	$219.9M+75.1%	$125.6M+2.9%	$122.0M+87.6%	$65.0M-36.0%	$101.6M+56.9%	$64.7M-43.8%	$115.1M
Net Income	$2.4B	$2.2B-20.6%	$2.8B-75.8%	$11.5B+944.3%	$1.1B+100.7%	$547.0M+11.2%	$492.0M+7.6%	$457.4M+14.3%	$400.3M+23.6%	$323.8M+43.6%	$225.5M+7.2%	$210.4M+51.8%	$138.6M-17.0%	$166.9M+26.0%	$132.4M-32.1%	$195.0M
EPS (Basic)	N/A	$165.24-12.8%	$189.42-75.9%	$785.14+1063.7%	$67.47+25.2%	$53.88+13.4%	$47.50+15.7%	$41.05+22.4%	$33.53+11.9%	$29.96+59.6%	$18.77+7.1%	$17.52+29.2%	$13.56-21.8%	$17.35+34.3%	$12.92-31.3%	$18.80
EPS (Diluted)	$186.77	$165.24-12.8%	$189.41-75.9%	$784.51+1064.0%	$67.40	$53.88+13.4%	$47.50	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Diluted Shares (Avg)	N/A	13M-9.3%	14M-1.4%	15M-6.5%	16M	10M-2.4%	10M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$2.4B+2.5%	$2.3B+0.7%	$2.4B+1.2%	$2.4B-0.5%	$2.4B-3.5%	$2.3B-6.0%	$2.4B-1.9%	$2.4B-6.1%
SG&A Expenses	$844.0M+4.2%	$869.0M+6.2%	$849.0M+6.0%	$817.0M+3.7%	$810.0M+8.7%	$818.0M+9.9%	$801.0M+12.2%	$788.0M+8.4%
Interest Expense	$1.2B-4.4%	$1.2B-5.4%	$1.2B-5.7%	$1.3B-5.8%	$1.3B-4.5%	$1.2B-2.8%	$1.3B+7.1%	$1.3B+19.8%
Income Tax	$219.0M+19.7%	$171.0M+1.8%	$231.0M+541.7%	$183.0M-21.8%	$183.0M-32.7%	$168.0M-38.5%	$36.0M-81.9%	$234.0M-4.5%
Net Income	$672.0M+16.9%	$534.0M+10.6%	$580.0M-17.1%	$568.0M-11.1%	$575.0M-18.7%	$483.0M-33.9%	$700.0M+36.2%	$639.0M-15.0%
EPS (Basic)	$55.52+31.1%	$42.63+23.7%	$45.54-7.3%	$43.08-0.8%	$42.36-10.9%	$34.47-30.0%	$49.15+43.1%	$43.42-14.4%
EPS (Diluted)	$55.52+31.1%	$42.63+23.7%	$45.54-7.3%	$43.08-0.8%	$42.36-10.9%	$34.47-30.0%	$49.15+43.2%	$43.42-14.3%
Diluted Shares (Avg)	12M-12.9%	12M-12.2%	N/A	13M-10.6%	13M-8.9%	14M-6.6%	N/A	14M-1.1%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.

FCNCA Balance Sheet

FCNCA quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$229.7B+2.7%	$223.7B+4.7%	$213.8B+95.6%	$109.3B+87.4%	$58.3B+16.7%	$50.0B+25.4%	$39.8B+12.5%	$35.4B+2.6%	$34.5B+4.7%	$33.0B+4.8%	$31.5B+4.7%	$30.1B+41.9%	$21.2B-0.4%	$21.3B+1.4%	$21.0B
Cash & Equivalents	$801.0M-1.6%	$814.0M-10.4%	$908.0M+75.3%	$518.0M-94.3%	$9.0B+111.5%	$4.3B+1033.5%	$376.7M+15.0%	$327.4M-2.6%	$336.1M-37.7%	$539.7M+1.1%	$534.1M-11.6%	$604.2M+13.2%	$533.6M-16.6%	$639.7M+8.3%	$590.8M
Short-Term Investments	$0	$0	$0	$0-100.0%	$9.1B+109.7%	$4.3B+292.4%	$1.1B+38.9%	$797.4M-42.5%	$1.4B-25.9%	$1.9B-9.2%	$2.1B+19.6%	$1.7B+100.7%	$859.3M+93.9%	$443.2M+1.9%	$435.0M
Accounts Receivable	N/A	N/A	N/A	N/A	$862.0M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$346.0M0.0%	$346.0M0.0%	$346.0M0.0%	$346.0M0.0%	$346.0M-1.1%	$350.0M+0.2%	$349.4M+47.8%	$236.3M+56.9%	$150.6M0.0%	$150.6M+7.7%	$139.8M0.0%	$139.8M+36.2%	$102.6M0.0%	$102.6M0.0%	$102.6M
Total Liabilities	$207.5B+3.0%	$201.5B+4.7%	$192.5B+93.2%	$99.6B+86.0%	$53.6B+17.2%	$45.7B+26.2%	$36.2B+13.5%	$31.9B+2.3%	$31.2B+4.1%	$30.0B+4.8%	$28.6B+4.4%	$27.4B+43.2%	$19.1B-1.5%	$19.4B+1.5%	$19.1B
Long-Term Debt	$35.8B-2.5%	$36.7B-1.3%	$37.2B+733.6%	$4.5B+273.1%	$1.2B-4.3%	$1.2B+112.0%	$588.6M+4128.4%	$13.9M-98.4%	$870.2M+4.5%	$832.9M+18.3%	$704.2M+100.4%	$351.3M-31.2%	$510.8M+14.8%	$444.9M-35.3%	$687.6M
Total Equity	$22.2B0.0%	$22.2B+4.6%	$21.3B+120.0%	$9.7B+103.9%	$4.7B+12.0%	$4.2B+17.9%	$3.6B+2.8%	$3.5B+4.6%	$3.3B+10.7%	$3.0B+4.9%	$2.9B+6.9%	$2.7B+29.7%	$2.1B+11.4%	$1.9B-0.1%	$1.9B
Retained Earnings	$20.8B+7.3%	$19.4B+15.6%	$16.7B+210.5%	$5.4B+23.2%	$4.4B+13.2%	$3.9B+5.7%	$3.7B+13.7%	$3.2B+15.5%	$2.8B+12.5%	$2.5B+9.3%	$2.3B+9.5%	$2.1B+6.5%	$1.9B+8.4%	$1.8B+1.1%	$1.8B

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$236.8B+3.1%	$236.0B+3.1%	$229.7B+2.7%	$233.5B+5.9%	$229.7B+4.5%	$228.8B+5.0%	$223.7B+4.7%	$220.6B+3.2%
Cash & Equivalents	$1.5B+70.9%	$1.1B+33.0%	$801.0M-1.6%	$874.0M+1.4%	$889.0M+16.4%	$812.0M+16.3%	$814.0M-10.4%	$862.0M+9.0%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$346.0M0.0%	$346.0M0.0%	$346.0M0.0%	$346.0M0.0%	$346.0M0.0%	$346.0M0.0%	$346.0M0.0%	$346.0M0.0%
Total Liabilities	$214.9B+3.7%	$213.9B+3.6%	$207.5B+3.0%	$211.5B+7.0%	$207.4B+5.1%	$206.5B+5.4%	$201.5B+4.7%	$197.7B+2.3%
Long-Term Debt	$32.0B-14.9%	$33.8B-11.0%	$35.8B-2.5%	$38.3B+4.0%	$37.6B+1.5%	$38.0B+2.2%	$36.7B-1.3%	$36.8B-1.3%
Total Equity	$21.9B-1.8%	$22.0B-1.1%	$22.2B0.0%	$22.0B-3.7%	$22.3B-0.8%	$22.3B+2.0%	$22.2B+4.6%	$22.8B+12.0%
Retained Earnings	$20.4B+0.1%	$20.3B+2.7%	$20.8B+7.3%	$20.9B+11.6%	$20.3B+12.3%	$19.8B+13.6%	$19.4B+15.6%	$18.7B+15.0%

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Non-Current Liabilities.

FCNCA Cash Flow Statement

FCNCA quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$3.2B	$2.9B-2.2%	$3.0B+12.3%	$2.7B-4.7%	$2.8B+1082.7%	-$284.0M-175.5%	$376.0M-35.0%	$578.2M+27.4%	$453.8M+27.7%	$355.3M+54.1%	$230.5M-1.1%	$233.1M+27.9%	$182.2M-44.9%	$331.0M+64.4%	$201.3M-40.0%	$335.7M
Depreciation & Amortization	N/A	$314.0M+13.8%	$276.0M+22.7%	$225.0M+58.5%	$142.0M+32.7%	$107.0M-1.8%	$109.0M+5.0%	$103.8M+7.3%	$96.8M+6.6%	$90.8M+2.3%	$88.8M+1.2%	$87.7M+16.2%	$75.5M+6.5%	$70.8M+2.8%	$68.9M+5.8%	$65.2M
Stock-Based Compensation	N/A	$0	$0-100.0%	$5.0M-73.7%	$19.0M	$0	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	$724.0M	$710.0M+65.5%	$429.0M+5.9%	$405.0M+161.3%	$155.0M+44.9%	$107.0M-19.5%	$133.0M+9.8%	$121.1M-13.8%	$140.4M+65.6%	$84.8M+3.6%	$81.8M-8.8%	$89.7M+8.5%	$82.7M+25.2%	$66.0M-25.7%	$88.9M+15.6%	$76.9M
Free Cash Flow	$2.5B	$2.2B-13.5%	$2.6B+13.5%	$2.3B-14.5%	$2.6B+774.2%	-$391.0M-260.9%	$243.0M-46.8%	$457.2M+45.9%	$313.3M+15.8%	$270.5M+81.9%	$148.7M+3.7%	$143.3M+44.0%	$99.5M-62.4%	$265.0M+135.7%	$112.4M-56.6%	$258.8M
Investing Cash Flow	-$7.5B	-$5.6B+44.7%	-$10.2B-518.1%	$2.4B+3138.7%	$75.0M+101.0%	-$7.6B+23.6%	-$9.9B-520.7%	-$1.6B-1678.2%	$101.1M+115.1%	-$668.7M	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	$4.9B	$2.7B-62.2%	$7.1B+250.5%	-$4.7B-74.9%	-$2.7B-134.3%	$7.8B-17.7%	$9.5B+791.8%	$1.1B+289.3%	-$563.6M-613.2%	$109.8M	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	$185.0M	$161.0M+1.9%	$158.0M+35.0%	$117.0M+41.0%	$83.0M+97.6%	$42.0M+40.0%	$30.0M+65.4%	$18.1M+8.1%	$16.8M+16.4%	$14.4M0.0%	$14.4M-20.0%	$18.0M+56.1%	$11.5M+33.2%	$8.7M-43.7%	$15.4M+23.2%	$12.5M
Share Buybacks	$3.3B	$3.0B+83.7%	$1.6B	$0-100.0%	$1.2B	$0-100.0%	$334.0M-26.3%	$453.1M+177.8%	$163.1M	$0	$0	$0	$0-100.0%	$321K-99.7%	$103.6M+324.9%	$24.4M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$1.0B+21.4%	$172.0M+75.5%	$1.1B-6.2%	$916.0M-7.6%	$859.0M+106.0%	$98.0M-78.7%	$1.1B+24.2%	$991.0M-17.8%
Depreciation & Amortization	$156.0M+56.0%	$180.0M+93.5%	$30.0M-87.5%	$91.0M+116.7%	$100.0M+1566.7%	$93.0M+875.0%	$240.0M+1.3%	$42.0M+141.2%
Capital Expenditures	$102.0M-19.0%	$141.0M+36.9%	$243.0M+89.8%	$238.0M+124.5%	$126.0M+24.8%	$103.0M+9.6%	$128.0M-38.5%	$106.0M+53.6%
Free Cash Flow	$941.0M+28.4%	$31.0M+720.0%	$807.0M-18.6%	$678.0M-23.4%	$733.0M+132.0%	-$5.0M-101.4%	$991.0M+43.0%	$885.0M-22.1%
Investing Cash Flow	-$752.0M-33.8%	-$6.5B-34.0%	$3.6B+196.9%	-$3.8B-1162.8%	-$562.0M+69.1%	-$4.9B-13.7%	-$3.7B-945.8%	-$301.0M+92.0%
Financing Cash Flow	$148.0M+167.3%	$6.6B+39.1%	-$4.8B-284.4%	$2.9B+584.8%	-$220.0M-115.0%	$4.8B+32.0%	$2.6B+704.9%	-$592.0M-124.4%
Dividends Paid	$55.0M+37.5%	$51.0M+21.4%	$40.0M-4.8%	$39.0M+2.6%	$40.0M+2.6%	$42.0M+7.7%	$42.0M+7.7%	$38.0M+46.2%
Share Buybacks	$606.0M-1.1%	$899.0M+45.5%	$900.0M-5.1%	$896.0M+28.0%	$613.0M	$618.0M	$948.0M	$700.0M

Not reported in any period shown, so not listed: Stock-Based Compensation.

FCNCA Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

FCNCA quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Net Margin	23.1%-5.3pp	28.5%-32.6pp	61.0%+39.4pp	21.6%-7.2pp	28.8%+2.4pp	26.4%-0.1pp	26.5%+1.6pp	24.9%+4.4pp	20.5%+3.4pp	17.1%+1.9pp	15.1%+2.0pp	13.2%-3.4pp	16.6%+4.6pp	12.0%-2.7pp	14.6%
Return on Equity	9.9%-2.6pp	12.5%-41.4pp	53.9%+42.6pp	11.4%-0.2pp	11.5%-0.1pp	11.6%-1.1pp	12.8%+1.3pp	11.5%+1.8pp	9.7%+2.2pp	7.5%+0.2pp	7.3%+2.2pp	5.2%-2.9pp	8.1%+0.9pp	7.1%-3.4pp	10.5%
Return on Assets	1.0%-0.3pp	1.2%-4.1pp	5.4%+4.4pp	1.0%+0.1pp	0.9%0.0pp	1.0%-0.2pp	1.1%0.0pp	1.1%+0.2pp	0.9%+0.3pp	0.7%0.0pp	0.7%+0.2pp	0.5%-0.3pp	0.8%+0.2pp	0.6%-0.3pp	0.9%
Debt-to-Equity	1.610.0x	1.65-0.1x	1.75+1.3x	0.46+0.2x	0.250.0x	0.30+0.1x	0.16+0.2x	0.00-0.3x	0.260.0x	0.280.0x	0.25+0.1x	0.13-0.1x	0.250.0x	0.24-0.1x	0.37
Asset Turnover	0.040.0x	0.040.0x	0.090.0x	0.050.0x	0.030.0x	0.040.0x	0.040.0x	0.050.0x	0.050.0x	0.040.0x	0.040.0x	0.040.0x	0.050.0x	0.050.0x	0.06
FCF Margin	23.2%-3.0pp	26.2%+14.2pp	12.0%-39.9pp	51.9%+72.5pp	-20.6%-33.6pp	13.0%-13.4pp	26.5%+7.0pp	19.5%+2.4pp	17.1%+5.9pp	11.3%+1.0pp	10.3%+0.8pp	9.4%-16.9pp	26.3%+16.2pp	10.2%-9.2pp	19.4%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Net Margin	27.6%+3.4pp	23.1%+2.1pp	23.8%-5.3pp	23.4%-2.8pp	24.2%-4.5pp	21.0%-8.9pp	29.1%+8.1pp	26.1%-2.8pp
Return on Equity	3.1%+0.5pp	2.4%+0.2pp	2.6%-0.5pp	2.6%-0.2pp	2.6%-0.6pp	2.2%-1.2pp	3.1%+0.7pp	2.8%-0.9pp
Return on Assets	0.3%0.0pp	0.2%0.0pp	0.3%-0.1pp	0.2%-0.1pp	0.3%-0.1pp	0.2%-0.1pp	0.3%+0.1pp	0.3%-0.1pp
Debt-to-Equity	1.46-0.2x	1.53-0.2x	1.610.0x	1.74+0.1x	1.690.0x	1.700.0x	1.65-0.1x	1.61-0.2x
Asset Turnover	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x
FCF Margin	38.7%+7.8pp	1.3%+1.6pp	33.1%-8.0pp	27.9%-8.3pp	30.9%+18.0pp	-0.2%-15.2pp	41.1%+12.9pp	36.2%-7.4pp

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
First Citizens BancShares Inc FCNCA	FY2025	$9.5B	$2.2B	23.1%	$23.6B	42/100
Huntington Bancshares Inc HBAN	FY2025	$8.2B	$2.2B	27.1%	$31.0B	44/100
Regions Financial Corp. RF	FY2025	$7.5B	$2.2B	28.6%	$23.1B	56/100
Citizens Financial Group, Inc. CFG	FY2025	$8.2B	$1.8B	22.2%	$27.1B	38/100
M&T Bank Corp. MTB	FY2025	$9.7B	$2.9B	29.4%	$31.6B	53/100
Shinhan Financial Group Co Ltd SHG	FY2010	$10.6B	$2.5B	23.8%	$36.6B	—

Where First Citizens BancShares Inc Ranks

Frequently Asked Questions

What is First Citizens BancShares Inc's annual revenue?

First Citizens BancShares Inc (FCNCA) reported $9.5B in total revenue for fiscal year 2025. This represents a -2.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is First Citizens BancShares Inc's revenue growing?

First Citizens BancShares Inc (FCNCA) revenue declined by 2.2% year-over-year, from $9.8B to $9.5B in fiscal year 2025.

Is First Citizens BancShares Inc profitable?

Yes, First Citizens BancShares Inc (FCNCA) reported a net income of $2.2B in fiscal year 2025, with a net profit margin of 23.1%.

How much debt does First Citizens BancShares Inc have?

As of fiscal year 2025, First Citizens BancShares Inc (FCNCA) had $801.0M in cash and equivalents against $35.8B in long-term debt.

What is First Citizens BancShares Inc's net profit margin?

First Citizens BancShares Inc (FCNCA) had a net profit margin of 23.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does First Citizens BancShares Inc pay dividends?

Yes, First Citizens BancShares Inc (FCNCA) paid $7.95 per share in dividends during fiscal year 2025.

What is First Citizens BancShares Inc's return on equity (ROE)?

First Citizens BancShares Inc (FCNCA) has a return on equity of 9.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is First Citizens BancShares Inc's free cash flow?

First Citizens BancShares Inc (FCNCA) generated $2.2B in free cash flow during fiscal year 2025. This represents a -13.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is First Citizens BancShares Inc's operating cash flow?

First Citizens BancShares Inc (FCNCA) generated $2.9B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are First Citizens BancShares Inc's total assets?

First Citizens BancShares Inc (FCNCA) had $229.7B in total assets as of fiscal year 2025, including both current and long-term assets.

What are First Citizens BancShares Inc's capital expenditures?

First Citizens BancShares Inc (FCNCA) invested $710.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does First Citizens BancShares Inc buy back shares?

Yes, First Citizens BancShares Inc (FCNCA) spent $3.0B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

What is First Citizens BancShares Inc's debt-to-equity ratio?

First Citizens BancShares Inc (FCNCA) had a debt-to-equity ratio of 1.61 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is First Citizens BancShares Inc's return on assets (ROA)?

First Citizens BancShares Inc (FCNCA) had a return on assets of 1.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is First Citizens BancShares Inc's P/E ratio?

First Citizens BancShares Inc (FCNCA) trades at 10.0x earnings, its market capitalization divided by net income of $2.4B net income, trailing 12 months to June 30, 2026. The market capitalization is $23.6B as of Oct 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is First Citizens BancShares Inc's price-to-sales ratio?

First Citizens BancShares Inc (FCNCA) trades at 2.5x sales, its market capitalization divided by revenue of $9.6B revenue, trailing 12 months to June 30, 2026. The market capitalization is $23.6B as of Oct 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is First Citizens BancShares Inc's Piotroski F-Score?

First Citizens BancShares Inc (FCNCA) has a Piotroski F-Score of 4 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are First Citizens BancShares Inc's earnings high quality?

First Citizens BancShares Inc (FCNCA) has an earnings quality ratio of 1.33x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is First Citizens BancShares Inc?

First Citizens BancShares Inc (FCNCA) scores 42 out of 100 on our Financial Health Score, indicating moderate standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.