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

First Citizens BancShares (FCNCN) 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 (FCNCN) Financials

FCNCN

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

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 FCNCN SEC filings page.

First Citizens BancShares (FCNCN) 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 FCNCN FY2025 2026-08-29

Balance-sheet leverage funds a large asset base, making low asset returns and financing costs central to reported performance.

Operating cash flow of $2.9B exceeded net income of $2.2B in FY2025, so reported profit was broadly corroborated by cash generation. Free cash flow remained near $2.2B despite capital expenditures rising to $710M, indicating reinvestment did not consume the period’s cash production.

Assets reached $229.7B against $207.5B of liabilities in FY2025; the relatively thin equity buffer means the company is structurally dependent on liabilities to fund its scale rather than equity alone. Debt-to-equity was 1.6x, so changes in asset returns can matter disproportionately to shareholders.

Net margin fell from 61.0% in FY2023 to 23.1% in FY2025, showing that the profit profile was not stable across the period. Return on assets likewise declined from 5.4% to 1.0%, indicating that the enlarged asset base produced less earnings per dollar by FY2025.

Financial Health Signals

Financial health score not available

First Citizens BancShares does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

4/6

First Citizens BancShares 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 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

Export CSV

Earnings & Revenue

Revenue

$2.4B

YoY+2.5%

QoQ+5.1%

5Y CAGR+46.4%

10Y CAGR+25.9%

First Citizens BancShares 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 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 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 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 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 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 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 CAGR-14.6pp

10Y CAGR-0.9pp

First Citizens BancShares'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 CAGR-0.3pp

10Y CAGR+0.8pp

First Citizens BancShares'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 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 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.

FCNCN 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.

FCNCN 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+250.2%	$1.5B-2.2%	$1.5B+5.7%	$1.4B+12.7%	$1.2B+12.9%	$1.1B+11.7%	$987.8M+1.9%	$969.2M+27.5%	$760.4M-4.6%	$796.8M-20.7%	$1.0B-1.0%	$1.0B
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-79.1%	$2.4B-21.4%
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.

FCNCN Balance Sheet

FCNCN 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.

FCNCN Cash Flow Statement

FCNCN 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.

FCNCN 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.

FCNCN 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%-16.1pp	37.7%+4.5pp	33.1%+0.6pp	32.6%+0.5pp	32.1%+2.8pp	29.3%+6.5pp	22.8%+1.1pp	21.7%+3.5pp	18.2%-2.7pp	20.9%+7.8pp	13.2%-6.0pp	19.2%
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	0.020.0x	0.030.0x	0.040.0x	0.040.0x	0.030.0x	0.030.0x	0.030.0x	0.030.0x	0.040.0x	0.050.0x	0.05
FCF Margin	23.2%-3.0pp	26.2%+14.2pp	12.0%-39.9pp	51.9%+78.8pp	-27.0%-43.3pp	16.4%-16.2pp	32.6%+7.4pp	25.1%+0.6pp	24.5%+9.5pp	15.0%+0.3pp	14.8%+1.7pp	13.1%-20.2pp	33.3%+22.1pp	11.2%-14.3pp	25.5%

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%+24.6pp	26.1%+1.9pp
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%+35.1pp	36.2%-0.4pp

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

Where First Citizens BancShares Ranks

Frequently Asked Questions

What is First Citizens BancShares's annual revenue?

First Citizens BancShares (FCNCN) 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's revenue growing?

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

Is First Citizens BancShares profitable?

Yes, First Citizens BancShares (FCNCN) 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 have?

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

What is First Citizens BancShares's net profit margin?

First Citizens BancShares (FCNCN) 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 pay dividends?

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

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

First Citizens BancShares (FCNCN) 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's free cash flow?

First Citizens BancShares (FCNCN) 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's operating cash flow?

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

What are First Citizens BancShares's total assets?

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

What are First Citizens BancShares's capital expenditures?

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

Does First Citizens BancShares buy back shares?

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

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

First Citizens BancShares (FCNCN) 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's return on assets (ROA)?

First Citizens BancShares (FCNCN) 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's Piotroski F-Score?

First Citizens BancShares (FCNCN) 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's earnings high quality?

First Citizens BancShares (FCNCN) 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.