First Ctzns Bancshares Inc N C Stock Price, News & Analysis

Silicon Valley Bank (FCNCA) named Megan Scheffel Head of Life Science and Healthcare Banking, effective Nov 18, 2025. Scheffel, a 28-year company veteran, will lead a nationwide team providing specialized banking, debt financing, industry partnerships, and market insights for life science and healthcare clients. Based in Washington D.C., she will report to Marc Cadieux, President of Silicon Valley Bank.

The bank also appointed Bill Burkoth as Senior Managing Director for the Life Science and Healthcare East region. Burkoth, based in New York, is a 25-year industry veteran with prior roles at Forest Road, SVB Capital, and Pfizer Ventures.

Peregrine Energy Solutions (FCNCA) closed a preferred equity commitment with Bildmore Clean Energy and secured a club lending facility to support a $317 million battery energy storage project currently under construction.

The company said First Citizens Bank and Societe Generale acted as coordinating lead arrangers, Siemens Financial Services as joint lead arranger, and East West Bank as an additional lender. Peregrine reported a 15 GWh development pipeline across SPP, MISO, ERCOT, PJM and WECC and has two BESS projects under construction in Texas.

Recent prior financings include a $53 million preferred equity and $115 million bridge in March 2025 and $130 million in new capital in October 2025.

First Citizens Wealth (NYSE:FCNCA) appointed Lee Erby as Northern California Market Leader, based in San Francisco, effective Nov. 12, 2025.

Erby reports to Art Saldivar, Senior Director of Regional Wealth for California, and will lead a team of wealth consultants focused on high-net-worth individuals, entrepreneurs, founders, investors, businesses and nonprofits across Northern California. Erby brings more than 20 years of wealth and private banking experience with prior senior roles at Bank of America Private Bank, Merrill Lynch and Citi Private Bank.

First Citizens Wealth offers wealth planning, investment services, trust and fiduciary services, banking and lending. The bank operates six Bay Area branches, its Silicon Valley Bank division has a Northern California presence for over 40 years, and it employs more than 1,000 people in the Bay Area, including over 80 First Citizens Wealth employees.

First Citizens Bank (FCNCA) provided $38 million in first-mortgage financing to Stockdale Capital Partners to fund its acquisition of Willow Oaks Corporate Center, a 401,000-square-foot medical outpatient campus in Fairfax, VA, announced Nov. 10, 2025.

The campus comprises two eight-story buildings at 8260 and 8280 Willow Oaks Corporate Drive and is anchored by Inova Health System. Stockdale intends to position the asset for additional healthcare tenants. Stockdale is described as a Los Angeles-headquartered private equity real estate firm with 30+ years experience and $2.8 billion in assets.

First Citizens Wealth (FCNCA) published its second annual Beyond Wealth survey of 500 business owners and wealthy Americans on Nov 6, 2025, finding owners remain resilient and optimistic amid economic change.

Key findings: 66% fund ventures with personal savings, 40% use bank loans, experienced owners are twice as likely to use private equity/VC (38% vs 18%), owners reinvest and hire more, 54% of owners are very confident vs 35% of wealthy non-owners, and owners carry nearly 4x more debt. Wealthy Americans show rising private equity (45%) and crypto (35%) ownership, with generational splits: millennials favor business ownership and private investments; boomers favor CDs/money markets (74%).

First Citizens (NASDAQ:FCNCA) named Mike Spencer as Managing Director of Middle Market Banking in Atlanta effective Nov. 5, 2025.

Spencer, a 30-year industry veteran, will expand First Citizens' middle market presence across Georgia and nearby markets. He joins from Synovus after eight years building its middle market platform and has prior relationship roles at Wells Fargo and JPMorgan Chase. The bank's middle market platform targets customers with above $75mm of revenue and has served Georgia and surrounding regions since 2022.

Dynapac North America (FCNCA) and First Citizens Bank Equipment Finance announced a vendor finance agreement on November 3, 2025 to provide leasing and lending solutions for Dynapac road construction equipment.

The program will support Dynapac's dealer network and distributors with tailored retail and rental financing to acquire asphalt rollers, pavers, feeders and light equipment, aiming to streamline equipment purchases and rentals and support contractor operations.

First Citizens (NASDAQ:FCNCA) announced on Oct 29, 2025 that Erin McCaskill has been named Director and Atlanta Market Leader for First Citizens Wealth.

Based in Atlanta and reporting to Ethan Van Eck, she will lead a team of wealth consultants focused on high-net-worth individuals, businesses, founders, investors and nonprofits, and will oversee wealth planning, investment services, trust and fiduciary services, banking and lending.

McCaskill joined First Citizens in 2009, has over 20 years of financial services experience, holds a CFP and CExPA, and the firm notes it has served the Atlanta region since 2020 with roughly 400 associates and 29 branch locations across Georgia.

First Citizens Bank (NASDAQ:FCNCA) provided $338 million in financing to affiliates of Autumn Lake Healthcare to acquire a real estate portfolio of 12 Maryland skilled nursing facilities totaling over 1,500 beds on Oct. 28, 2025.

Autumn Lake Healthcare is based in Howell, New Jersey, and its network includes 66 skilled nursing facilities totaling over 8,200 beds across five states. First Citizens Healthcare Finance said the financing supports the acquisition and its tailored lending for middle‑market healthcare operators.