What is First Ctzns Bancshares Inc N C's earnings per share (EPS)?

First Ctzns Bancshares Inc N C (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 Ctzns Bancshares Inc N C Financials

FCNCA

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows First Ctzns Bancshares Inc N C (FCNCA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 18 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 2026-05-08

Profitability has normalized sharply, but cash generation remains steadier, revealing a still-expanding asset base funded largely by liabilities.

Between FY2023 and FY2025, net income normalized from $11.5B to $2.2B. Yet operating cash flow stayed close to $2.9B, which implies the earnings step-down came more from a thinner spread between revenue and funding/operating costs than from a comparable deterioration in cash production.

FY2025 share repurchases of $3.0B exceeded net income of $2.2B. That helps explain why total equity was essentially flat near $22.2B even as retained earnings kept rising: capital was being sent out faster than the balance sheet was thickening.

From FY2023 to FY2025, total assets rose from $213.8B to $229.7B. Over the same stretch, return on assets fell from 5.4% to 1.0%, so the larger asset base is now delivering much less profit per dollar of assets. Debt-to-equity eased from 1.7x to 1.6x, so the weaker asset productivity was not offset by materially more balance-sheet leverage.

Financial Health Signals

Financial Profile 34/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of First Ctzns Bancshares Inc N C'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.

Growth

First Ctzns Bancshares Inc N C's revenue declined 2.2% year-over-year, from $9.8B to $9.5B. This contraction results in a growth score of 0/100.

Leverage

First Ctzns Bancshares Inc N C carries a low D/E ratio of 1.61, meaning only $1.61 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 69/100, indicating a strong balance sheet with room for future borrowing.

Cash Flow

First Ctzns Bancshares Inc N C converts 23.2% of revenue into free cash flow ($2.2B). This strong cash generation earns a score of 80/100.

Returns

First Ctzns Bancshares Inc N C's ROE of 9.9% shows moderate profitability relative to equity, earning a score of 54/100. This is down from 12.5% the prior year.

Piotroski F-Score Neutral

4/9

First Ctzns Bancshares Inc N C passes 4 of 9 financial strength tests. 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 Ctzns Bancshares Inc N C 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

$9.5B

YoY-2.2%

5Y CAGR+45.1%

10Y CAGR+25.7%

First Ctzns Bancshares Inc N C generated $9.5B in revenue in fiscal year 2025. This represents a decrease of 2.2% from the prior year.

EBITDA

N/A

Net Income

$2.2B

YoY-20.6%

5Y CAGR+35.0%

10Y CAGR+26.5%

First Ctzns Bancshares Inc N C reported $2.2B in net income in fiscal year 2025. This represents a decrease of 20.6% from the prior year.

EPS (Diluted)

$165.24

YoY-12.8%

5Y CAGR+28.3%

First Ctzns Bancshares Inc N C earned $165.24 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 12.8% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$2.2B

YoY-13.5%

5Y CAGR+55.6%

10Y CAGR+31.5%

First Ctzns Bancshares Inc N C generated $2.2B in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 13.5% from the prior year.

Cash & Debt

$801.0M

YoY-1.6%

5Y CAGR-28.4%

10Y CAGR+4.1%

First Ctzns Bancshares Inc N C held $801.0M in cash against $35.8B in long-term debt as of fiscal year 2025.

Dividends Per Share

$7.95

YoY+15.7%

5Y CAGR+36.6%

10Y CAGR+20.8%

First Ctzns Bancshares Inc N C paid $7.95 per share in dividends in fiscal year 2025. This represents an increase of 15.7% from the prior year.

Shares Outstanding

N/A

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

23.1%

YoY-5.3pp

5Y CAGR-10.0pp

10Y CAGR+1.4pp

First Ctzns Bancshares Inc N C's net profit margin was 23.1% in fiscal year 2025, showing the share of revenue converted to profit. This is down 5.3 percentage points from the prior year.

Return on Equity

9.9%

YoY-2.6pp

5Y CAGR-1.7pp

10Y CAGR+2.6pp

First Ctzns Bancshares Inc N C's ROE was 9.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 2.6 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$3.0B

YoY+83.7%

5Y CAGR+55.4%

First Ctzns Bancshares Inc N C spent $3.0B on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 83.7% from the prior year.

Capital Expenditures

$710.0M

YoY+65.5%

5Y CAGR+39.8%

10Y CAGR+23.0%

First Ctzns Bancshares Inc N C invested $710.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 65.5% from the prior year.

FCNCA Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$9.5B-2.2%	$9.8B-48.1%	$18.8B+269.7%	$5.1B+250.2%	$1.5B-2.2%	$1.5B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$3.3B+7.0%	$3.1B+16.8%	$2.6B+87.2%	$1.4B+85.5%	$759.0M+5.1%	$722.0M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$5.0B-4.7%	$5.2B+41.6%	$3.7B+687.8%	$467.0M+665.6%	$61.0M-36.5%	$96.0M
Income Tax	$765.0M-6.1%	$815.0M+33.4%	$611.0M+131.4%	$264.0M+71.4%	$154.0M+22.2%	$126.0M
Net Income	$2.2B-20.6%	$2.8B-75.8%	$11.5B+944.3%	$1.1B+100.7%	$547.0M+11.2%	$492.0M
EPS (Diluted)	$165.24-12.8%	$189.41-75.9%	$784.51+1064.0%	$67.40+25.1%	$53.88+13.4%	$47.50

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$2.3B-5.1%	$2.4B+0.2%	$2.4B+2.5%	$2.4B+3.3%	$2.3B-4.6%	$2.4B-1.6%	$2.4B-0.6%	$2.5B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$869.0M+2.4%	$849.0M+3.9%	$817.0M+0.9%	$810.0M-1.0%	$818.0M+2.1%	$801.0M+1.6%	$788.0M+5.8%	$745.0M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$1.2B-4.4%	$1.2B-3.6%	$1.3B+1.1%	$1.3B+1.5%	$1.2B-4.6%	$1.3B-3.7%	$1.3B+2.5%	$1.3B
Income Tax	$171.0M-26.0%	$231.0M+26.2%	$183.0M0.0%	$183.0M+8.9%	$168.0M+366.7%	$36.0M-84.6%	$234.0M-14.0%	$272.0M
Net Income	$534.0M-7.9%	$580.0M+2.1%	$568.0M-1.2%	$575.0M+19.0%	$483.0M-31.0%	$700.0M+9.5%	$639.0M-9.6%	$707.0M
EPS (Diluted)	$42.63	N/A	$43.08+1.7%	$42.36+22.9%	$34.47	N/A	$43.42-8.7%	$47.54

FCNCA Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$229.7B+2.7%	$223.7B+4.7%	$213.8B+95.6%	$109.3B+87.4%	$58.3B+16.7%	$50.0B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$801.0M-1.6%	$814.0M-10.4%	$908.0M+75.3%	$518.0M-94.3%	$9.0B+111.5%	$4.3B
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	$862.0M	N/A
Goodwill	$346.0M0.0%	$346.0M0.0%	$346.0M0.0%	$346.0M0.0%	$346.0M-1.1%	$350.0M
Total Liabilities	$207.5B+3.0%	$201.5B+4.7%	$192.5B+93.2%	$99.6B+86.0%	$53.6B+17.2%	$45.7B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
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
Total Equity	$22.2B0.0%	$22.2B+4.6%	$21.3B+120.0%	$9.7B+103.9%	$4.7B+12.0%	$4.2B
Retained Earnings	$20.8B+7.3%	$19.4B+15.6%	$16.7B+210.5%	$5.4B+23.2%	$4.4B+13.2%	$3.9B

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$236.0B+2.7%	$229.7B-1.6%	$233.5B+1.7%	$229.7B+0.4%	$228.8B+2.3%	$223.7B+1.4%	$220.6B+0.3%	$219.8B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$1.1B+34.8%	$801.0M-8.4%	$874.0M-1.7%	$889.0M+9.5%	$812.0M-0.2%	$814.0M-5.6%	$862.0M+12.8%	$764.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$346.0M0.0%	$346.0M0.0%	$346.0M0.0%	$346.0M0.0%	$346.0M0.0%	$346.0M0.0%	$346.0M0.0%	$346.0M
Total Liabilities	$213.9B+3.1%	$207.5B-1.9%	$211.5B+2.0%	$207.4B+0.4%	$206.5B+2.5%	$201.5B+1.9%	$197.7B+0.2%	$197.3B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$33.8B-5.6%	$35.8B-6.5%	$38.3B+1.6%	$37.6B-0.8%	$38.0B+3.5%	$36.7B-0.2%	$36.8B-0.8%	$37.1B
Total Equity	$22.0B-0.9%	$22.2B+1.1%	$22.0B-1.4%	$22.3B0.0%	$22.3B+0.3%	$22.2B-2.6%	$22.8B+1.5%	$22.5B
Retained Earnings	$20.3B-2.0%	$20.8B-0.5%	$20.9B+2.6%	$20.3B+2.7%	$19.8B+2.3%	$19.4B+3.5%	$18.7B+3.3%	$18.1B

FCNCA Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$2.9B-2.2%	$3.0B+12.3%	$2.7B-4.7%	$2.8B+1082.7%	-$284.0M-175.5%	$376.0M
Capital Expenditures	$710.0M+65.5%	$429.0M+5.9%	$405.0M+161.3%	$155.0M+44.9%	$107.0M-19.5%	$133.0M
Free Cash Flow	$2.2B-13.5%	$2.6B+13.5%	$2.3B-14.5%	$2.6B+774.2%	-$391.0M-260.9%	$243.0M
Investing Cash Flow	-$5.6B+44.7%	-$10.2B-518.1%	$2.4B+3138.7%	$75.0M+101.0%	-$7.6B+23.6%	-$9.9B
Financing Cash Flow	$2.7B-62.2%	$7.1B+250.5%	-$4.7B-74.9%	-$2.7B-134.3%	$7.8B-17.7%	$9.5B
Dividends Paid	$161.0M+1.9%	$158.0M+35.0%	$117.0M+41.0%	$83.0M+97.6%	$42.0M+40.0%	$30.0M
Share Buybacks	$3.0B+83.7%	$1.6B	$0-100.0%	$1.2B	$0-100.0%	$334.0M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	$172.0M-83.6%	$1.1B+14.6%	$916.0M+6.6%	$859.0M+776.5%	$98.0M-91.2%	$1.1B+12.9%	$991.0M+137.6%	$417.0M
Capital Expenditures	$141.0M-42.0%	$243.0M+2.1%	$238.0M+88.9%	$126.0M+22.3%	$103.0M-19.5%	$128.0M+20.8%	$106.0M+5.0%	$101.0M
Free Cash Flow	$31.0M-96.2%	$807.0M+19.0%	$678.0M-7.5%	$733.0M+14760.0%	-$5.0M-100.5%	$991.0M+12.0%	$885.0M+180.1%	$316.0M
Investing Cash Flow	-$6.5B-280.1%	$3.6B+195.5%	-$3.8B-576.3%	-$562.0M+88.5%	-$4.9B-30.3%	-$3.7B-1143.9%	-$301.0M+83.5%	-$1.8B
Financing Cash Flow	$6.6B+239.8%	-$4.8B-265.6%	$2.9B+1404.5%	-$220.0M-104.6%	$4.8B+85.4%	$2.6B+535.3%	-$592.0M-140.3%	$1.5B
Dividends Paid	$51.0M+27.5%	$40.0M+2.6%	$39.0M-2.5%	$40.0M-4.8%	$42.0M0.0%	$42.0M+10.5%	$38.0M-2.6%	$39.0M
Share Buybacks	$899.0M-0.1%	$900.0M+0.4%	$896.0M+46.2%	$613.0M-0.8%	$618.0M-34.8%	$948.0M+35.4%	$700.0M	$0

FCNCA Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	23.1%-5.3pp	28.5%-32.6pp	61.0%+39.4pp	21.6%-16.1pp	37.7%+4.5pp	33.1%
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%
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%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.61-0.0	1.65-0.1	1.75+1.3	0.46+0.2	0.25-0.0	0.30
FCF Margin	23.2%-3.0pp	26.2%+14.2pp	12.0%-39.9pp	51.9%+78.8pp	-27.0%-43.3pp	16.4%

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	23.1%-0.7pp	23.8%+0.4pp	23.4%-0.9pp	24.2%+3.2pp	21.0%-8.1pp	29.1%+3.0pp	26.1%-2.6pp	28.7%
Return on Equity	2.4%-0.2pp	2.6%+0.0pp	2.6%0.0pp	2.6%+0.4pp	2.2%-1.0pp	3.1%+0.3pp	2.8%-0.3pp	3.1%
Return on Assets	0.2%-0.0pp	0.3%+0.0pp	0.2%-0.0pp	0.3%+0.0pp	0.2%-0.1pp	0.3%+0.0pp	0.3%-0.0pp	0.3%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.53-0.1	1.61-0.1	1.74+0.1	1.69-0.0	1.70+0.1	1.65+0.0	1.61-0.0	1.65
FCF Margin	1.3%-31.8pp	33.1%+5.2pp	27.9%-3.0pp	30.9%+31.1pp	-0.2%-41.4pp	41.1%+5.0pp	36.2%+23.3pp	12.8%

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Frequently Asked Questions

What is First Ctzns Bancshares Inc N C's annual revenue?

First Ctzns Bancshares Inc N C (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 Ctzns Bancshares Inc N C's revenue growing?

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

Is First Ctzns Bancshares Inc N C profitable?

Yes, First Ctzns Bancshares Inc N C (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 Ctzns Bancshares Inc N C have?

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

What is First Ctzns Bancshares Inc N C's net profit margin?

First Ctzns Bancshares Inc N C (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 Ctzns Bancshares Inc N C pay dividends?

Yes, First Ctzns Bancshares Inc N C (FCNCA) paid $7.95 per share in dividends during fiscal year 2025.

What is First Ctzns Bancshares Inc N C's return on equity (ROE)?

First Ctzns Bancshares Inc N C (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 Ctzns Bancshares Inc N C's free cash flow?

First Ctzns Bancshares Inc N C (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 Ctzns Bancshares Inc N C's operating cash flow?

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

What are First Ctzns Bancshares Inc N C's total assets?

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

What are First Ctzns Bancshares Inc N C's capital expenditures?

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

Does First Ctzns Bancshares Inc N C buy back shares?

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

What is First Ctzns Bancshares Inc N C's debt-to-equity ratio?

First Ctzns Bancshares Inc N C (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 Ctzns Bancshares Inc N C's return on assets (ROA)?

First Ctzns Bancshares Inc N C (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 Ctzns Bancshares Inc N C's Piotroski F-Score?

First Ctzns Bancshares Inc N C (FCNCA) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. 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 Ctzns Bancshares Inc N C's earnings high quality?

First Ctzns Bancshares Inc N C (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 Ctzns Bancshares Inc N C?

First Ctzns Bancshares Inc N C (FCNCA) scores 34 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.