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

First Citizens BancShares (FCNCA) reported Q1 2025 earnings with net income of $483 million, down from $700 million in Q4 2024. Net income available to common stockholders was $468 million ($34.47 per share), compared to $685 million ($49.21 per share) in the previous quarter.

Key financial metrics include:

• Net interest income: $1.66 billion, down $46 million from Q4
• Net interest margin: 3.26%, decreased from 3.32%
• Total loans: $141.36 billion, up 3.3% annualized
• Deposits: $159.33 billion, increased 10.7% annualized
• Share repurchases: $613 million (302,683 shares)

The bank maintained strong capital ratios with estimated total risk-based capital at 15.23% and completed issuance of $500 million senior unsecured notes and $750 million subordinated notes.

First Citizens BancShares (Nasdaq: FCNCA) has announced its dividend distributions for Q2 2025. The company declared a quarterly common stock dividend of $1.95 per share for both Class A and Class B common stock. Additionally, three preferred stock dividends were announced:

- Series A (5.375% non-cumulative perpetual): $13.4375 per share ($0.335938 per depositary share)
- Series B (fixed-to-floating rate non-cumulative perpetual): $21.56925 per share
- Series C (5.625% non-cumulative perpetual): $0.351563 per share

All dividends will be paid on June 16, 2025, to shareholders of record as of May 30, 2025.

Silicon Valley Bank (SVB) has released its Future of Climate Tech 2025 Report, revealing six consecutive months of growth in US climate tech investments. The sector is outperforming overall VC with a 9% higher internal rate of return (IRR) in the 2020-2024 fund vintage.

Key findings show that 57% of US VC-backed climate tech companies need to raise capital in the next year, while valuations are recovering from 2023 lows. Series B and C+ rounds hit decade highs of $30M and $60M respectively in 2024. Clean energy deals reached an all-time high with 382 deals totaling over $7B in 2024, marking a 15% year-over-year increase.

The report highlights improved profit margins, particularly in software companies, which showed 30% higher profit margins than hardware companies for those with over $50M in revenue. M&A activity has returned to 2020 levels, with financial buyers increasing their share of transactions from 15% to 40% between mid-2023 and early 2024.

First Citizens BancShares (NASDAQ: FCNCA) has scheduled its 2025 first quarter earnings release and conference call for Thursday, April 24, 2025. The financial results will be released before U.S. markets open, followed by a conference call and webcast at 9 a.m. Eastern time.

Participants can pre-register for the webcast through the provided link, while those joining by phone can dial 1-833-470-1428 (North America) or 1-929-526-1599 (other locations) using access code 627829. The investor presentation and webcast link will be available on the company's investor relations website, with a replay accessible after the event.

Venture capital investment in women's health startups reached a record $2.6 billion in 2024, marking a 55% increase from 2023. When including funding for related diseases affecting women disproportionately, total investment rose to $10.7 billion.

Key trends highlighted in SVB's 2025 Innovation in Women's Health Report include:

• Healthtech solutions investment dropped from 54% (2021) to 38% (2024)
• Biopharma investment increased from 12% (2021) to 34% (2024)
• Seed and Series A deals represented 70% of women's health investments in 2024
• Precision medical startups received $3.6 billion in VC funding, up from $1.4 billion in 2023

While exits remain challenging in the sector, recent IPOs and M&A activity suggest potential breakthrough opportunities in the broader healthcare market.

Connectivity Wireless, a leading provider of in-building wireless solutions, has secured $200 million in capital funding to accelerate growth. The financing package includes a $110 million senior debt facility from First Citizens Bank (with an additional $30 million available later) and a $60 million growth investment led by Post Road Group with Boundary Street Capital participation.

The capital will fund system expansion and debt repayment, enabling the company to accelerate deployment of in-building wireless infrastructure solutions across various sectors including sports/entertainment arenas, healthcare, commercial real estate, education, and hospitality. The senior debt facility includes participations from CIBC Bank USA, Third Coast Bank, and Axiom Bank NA.

Peregrine Energy Solutions has secured significant financing for its utility-scale energy storage project, including a $53 million preferred equity commitment from Bildmore Clean Energy and $115 million in debt facilities from First Citizens Bank (FCNCA) and Nomura Securities International. The financing supports a 150MW battery energy storage project currently under construction, with completion targeted for Q4 2025.

Founded in April 2022, Peregrine has developed a 22 GWh storage pipeline across multiple regional markets. The company previously raised $700 million from AB CarVal and secured an LC facility from KKR for up to $250 million in assets. The latest financing structure is designed for a fully merchant storage project, demonstrating innovative funding approaches for developers in the storage market.

Silicon Valley Bank (SVB), a division of First Citizens Bank, has announced a strategic lending partnership with Pinegrove Venture Partners to provide venture debt financing to technology and life science companies. The collaboration aims to deploy $2.5 billion in venture debt loans over the coming years.

Pinegrove, backed by Sequoia Heritage and Brookfield Asset Management, manages assets exceeding $10 billion. The partnership builds on a decade-long relationship during which the two entities have collectively committed over $10 billion in venture debt across 550 loans. Notably, Pinegrove acquired SVB Capital, SVB's former venture capital arm, from SVB Financial Group in 2024.