FIRST CITIZENS BANCSHARES DECLARES DIVIDENDS

Rhea-AI Summary

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.

Positive

• Consistent dividend payments across all share classes demonstrate financial stability
• Maintenance of dividend levels indicates strong cash flow position

Negative

• None.

RALEIGH, N.C., April 24, 2025 /PRNewswire/ -- The Board of Directors of First Citizens BancShares, Inc. (Nasdaq: FCNCA) has declared the following dividends on the company's common and preferred stock, in each case to be paid on June 16, 2025, to holders of record as of May 30, 2025:  

• A quarterly common stock dividend of $1.95 per share on the company's Class A and Class B common stock.
  
  
• A regular quarterly dividend of $13.4375 per share on the company's 5.375% non-cumulative perpetual preferred stock, Series A, resulting in a distribution of $0.335938 per depositary share.
  
  
• A dividend of $21.56925 per share on the company's fixed-to-floating rate, non-cumulative perpetual preferred stock, Series B.
  
  
• A regular quarterly dividend of $0.351563 per share on the company's 5.625% non-cumulative perpetual preferred stock, Series C.

ABOUT FIRST CITIZENS BANCSHARES

First Citizens BancShares, Inc. (Nasdaq: FCNCA), a top 20 U.S. financial institution with more than $200 billion in assets and a member of the Fortune 500^TM, is the financial holding company for First-Citizens Bank & Trust Company ("First Citizens Bank"). Headquartered in Raleigh, N.C., First Citizens Bank has built a unique legacy of strength, stability and long-term thinking that has spanned generations. First Citizens offers an array of general banking services including a network of branches and offices nationwide; commercial banking expertise delivering best-in-class lending, leasing and other financial services coast to coast; innovation banking serving businesses at every stage; personalized service and resources to help grow and manage wealth; and a nationwide direct bank. Discover more at firstcitizens.com.                                                                                                  

Contact:	Deanna Hart	Angela English
	Investor Relations	Corporate Communications
	919-716-2137	803-931-1854

 

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SOURCE First Citizens BancShares, Inc.

FAQ

What is First Citizens BancShares' (FCNCA) quarterly dividend for Q2 2025?

First Citizens BancShares declared a quarterly dividend of $1.95 per share for both Class A and Class B common stock.

When is the ex-dividend date for First Citizens BancShares' (FCNCA) Q2 2025 dividend?

Shareholders must be on record by May 30, 2025, to receive the dividend payment scheduled for June 16, 2025.

What are the preferred stock dividend rates for First Citizens BancShares (FCNCA)?

Series A pays $13.4375/share, Series B pays $21.56925/share, and Series C pays $0.351563/share.

How much will FCNCA Series A preferred stockholders receive per depositary share?

Series A preferred stockholders will receive $0.335938 per depositary share.