First Ctzns Bancshares Inc N C SEC Filings

First Citizens BancShares (FCNCA) said its subsidiary, First-Citizens Bank & Trust Company, agreed to acquire 138 branches from BMO Bank N.A. across the Midwest, Great Plains and West.

As part of the deal, First Citizens Bank will assume approximately $5.7 billion in deposit liabilities and acquire approximately $1.1 billion in loans. The company expects closing in mid-2026, subject to customary closing terms and conditions and regulatory approvals.

The company also made available a press release and investor presentation with additional details. Management highlighted typical risks for this type of transaction, including regulatory approvals, integration execution, potential customer attrition and whether anticipated benefits and cost savings are realized.

Carson H. Brice, a director of First Citizens Bancshares, Inc. (FCNCA), reported a change in beneficial ownership on 09/26/2025. The filing shows a disposition of 125 Class A common shares coded as a gift (transaction code G) at a reported price of $0. After the transaction, the report lists multiple classes of shares held directly or indirectly by the reporting person and related trusts/fiduciary arrangements, including 236,188 Class A shares beneficially owned and various indirect holdings in Class A and Class B shares across trusts and custodial accounts. The filing includes disclaimers that the reporting person disclaims beneficial ownership for certain trust-held shares and states the reporting person does not serve as trustee or share investment control for those trust shares.

First Citizens BancShares, Inc. executed an offering of subordinated debt under a previously filed Form S-3 registration statement and a Prospectus Supplement dated September 2, 2025. The company entered an Underwriting Agreement dated September 2, 2025 with BofA Securities, Inc. and Morgan Stanley & Co. LLC as representatives of the underwriters to sell the securities. A Third Supplemental Indenture dated September 5, 2025 supplements the Subordinated Base Indenture dated March 4, 2020, and the offering includes a form of 5.600% Fixed Rate Reset Subordinated Notes due 2035. Legal opinion and consent from Smith, Anderson, Blount, Dorsett, Mitchell & Jernigan, LLP are included, and the filing is signed by Craig L. Nix, Chief Financial Officer.

First Citizens BancShares is offering subordinated notes described in this prospectus supplement. The Notes are unsecured and subordinated to all Senior Indebtedness and effectively subordinated to secured indebtedness to the extent of collateral value. Interest will reset from the Reset Date to maturity based on the Five-year U.S. Treasury Rate as of the Reset Determination Date plus stated basis points. As of June 30, 2025, the company and its subsidiaries had aggregate debt and other liabilities of approximately $206.79 billion, including $36.46 billion of secured indebtedness (which includes a $35.99 billion Purchase Money Note to the FDIC maturing March 27, 2028) and approximately $750 million of outstanding subordinated debt that will rank equally with the new Notes. The Subordinated Indenture does not limit incurrence of additional senior or pari passu indebtedness. Redemption of the Notes may require prior Federal Reserve approval where applicable. The prospectus discusses tax, DTC, paying agent and transfer agent procedures and specialized U.S. federal income tax considerations for non-U.S. holders.

Olivia B. Holding filed a Form 4 reporting indirect holdings of both Class A and Class B common stock of First Citizens BancShares, Inc. (FCNCA) and related depositary shares. The filing identifies the reporting person as a director and lists substantial indirect positions: 537,667 Class A shares held by the Olivia B. Holding Revocable Trust and 121,926 Class B shares held by the same trust, plus additional indirect holdings through multiple entities and trusts (including 192,063 Class A by Southern BancShares (N.C.), Inc., 174,469 Class A by YVC Holdings, Inc., and others). The report also lists depositary shares of the issuer's preferred stock held indirectly (22,000, 198,945, and 200,000 by named entities). The filer disclaims beneficial ownership of listed shares except to the extent of any pecuniary interest, and the form notes each depositary share represents a 1/40th interest in the issuer's 5.375% Non-Cumulative Perpetual Preferred Stock, Series A.

BRYANT HOPE HOLDING filed a Form 4 reporting changes in holdings of First Citizens BancShares Inc. (FCNCA). The filing lists a transaction dated 08/07/2025 and shows a reported disposition of 108,725 Class A Common shares and a disposition of 17 Class B Common shares. The report details multiple indirect holdings across trusts and affiliated entities, including 84,668 shares held by the Hope H. Bryant 2023 GRAT, 101,818 held by a Revocable Trust for Hope H. Bryant, 192,063 by Southern BancShares (N.C.), Inc., and 100,000 by Fidelity BancShares (N.C.), Inc. Depositary shares are also reported (e.g., 12,000 by the revocable trust; 198,945 and 200,000 by affiliated entities). The filer includes disclaimers that she disclaims beneficial ownership except to the extent of any pecuniary interest. The Form is signed by attorney-in-fact on 08/11/2025.

Frank B. Holding Jr., identified as Chairman and CEO, a director and a 10% owner, filed a Form 4 reporting transactions linked to First Citizens BancShares Inc. (FCNCA). The filing records transactions dated 08/07/2025 showing purchases of Class B Common shares reported as: 150, 150, and 300 shares with indicated prices of $1,700, $1,700, and $1,697.50 respectively, each entry tied to trusts or GRATs named in the form.

The form also shows a reported disposition of 202,477 Class A Common shares (marked D) and lists multiple existing beneficial ownership and indirect holdings across Class A and Class B shares, including 106,000 and 115,000 Class A shares held in identified 2025 GRATs and indirect holdings by spouse and custodial accounts. The filing is signed by an attorney-in-fact on 08/11/2025.

First Citizens BancShares reported consolidated net income of $575 million for the quarter ended June 30, 2025, down from $707 million a year earlier, producing diluted earnings per share of $42.36 versus $47.54 in the prior-year period. Net interest income fell to $1,695 million from $1,821 million, driven by lower interest and fees on loans ($2,270 million versus $2,422 million) partially offset by higher interest on investment securities ($419 million versus $330 million).

On the balance sheet, total assets rose to $229.7 billion from $223.7 billion, and total deposits increased to $159.9 billion from $155.2 billion. Total loans and leases were $141.3 billion. The allowance for loan and lease losses was $1.672 billion. Accumulated other comprehensive loss improved meaningfully to $(114) million from $(445) million, reflecting unrealized gains on available-for-sale securities.

Noninterest expense rose to $1,500 million for the quarter and provision for credit losses increased to $115 million. The company repurchased 641,642 Class A shares year-to-date for $1.239 billion (including 338,959 shares for $619 million this quarter). These results show asset and deposit growth and improved OCI, while earnings, net interest margin and credit-related costs moderated performance versus the prior year.

FCNCA Form 4: Director Ralph Mattox Snow III purchased 10 Class A shares of First Citizens BancShares on 08/05/2025 at $1,888.5978 each, an outlay of roughly $18.9 k. His direct holdings increase from 100 to 110 shares; no derivative positions were disclosed. The buy was coded “P,” indicating an open-market acquisition and not a 10b5-1 trade. While the action signals incremental insider confidence, the volume is immaterial versus the bank’s multi-million-share float and should not meaningfully affect ownership structure or liquidity.