First Citizens BancShares, Inc. is the issuer of the Class A stock for which BlackRock, Inc. reported beneficial ownership of 527,115 shares, or 5.1%, as of September 30, 2026. BlackRock reported sole voting power over 483,651 shares and sole dispositive power over 527,115 shares. The reported amount reflects securities beneficially owned or deemed beneficially owned by certain BlackRock business units and excludes securities, if any, attributed to other disaggregated business units. BlackRock also stated that various persons may receive dividends or sale proceeds from the common stock, with no one person's interest exceeding five percent of the total outstanding common shares.
First Citizens BancShares (FCNCA) reported third-quarter 2026 net income of $606 million and authorized up to $1.2 billion of Class A common stock repurchases in 2027. GAAP net income fell from $672 million in the second quarter but rose from $568 million a year earlier. Net income available to common stockholders was $577 million, or $51.23 per share; adjusted net income was $652 million and adjusted EPS was $55.37. Net interest income was $1.70 billion, and net interest margin was 3.07%.
As of September 30, 2026, loans and leases were $157.19 billion, up 4.1% from June 30, 2026, and deposits were $185.26 billion, up 6.8%. First-Citizens Bank completed its acquisition of 138 BMO branches on September 4, 2026, assuming approximately $4.9 billion in deposits and acquiring approximately $650 million in loans. BancShares repurchased 278,828 Class A shares for $600 million in the quarter and repaid $8.0 billion of Purchase Money Note principal. The 2027 authorization requires no minimum repurchases; repurchases may be suspended or discontinued at any time, subject to any Rule 10b5-1 plan in effect.
FIRST CITIZENS BANCSHARES INC (FCNCA) insider Olivia Britton Holding, a ten percent owner, reported selling 7,000 Depositary Shares indirectly through Holding Properties, LLC on September 15, 2026, in open-market or private transactions at prices between $19.50 and $19.60 per Depositary Share.
Each Depositary Share represents a 1/40th interest in the company’s 5.375% Non-Cumulative Perpetual Preferred Stock, Series A. The reporting person disclaims beneficial ownership of entity-held shares except to the extent of any pecuniary interest, and no Rule 10b5-1 trading plan is reported.
FIRST CITIZENS BANCSHARES INC (FCNCA) received a notice that affiliate Holding Properties, LLC plans to sell 22,000 Series A Depositary Shares of the company under Rule 144. The planned sale, through First Citizens Investor Services, Inc. on NASDAQ, is dated September 15, 2026.
FIRST CITIZENS BANCSHARES INC (FCNCA) created a new class of preferred stock by filing a certificate of designation for its 7.500% Non-Cumulative Perpetual Preferred Stock, Series F, with a liquidation preference of $100,000 per share, and authorized related depositary shares.
The company agreed to sell 300,000 depositary shares, each representing a 1/100th interest in a Series F share, and closed this public offering on September 14, 2026 under an effective shelf registration. Dividends are non-cumulative, fixed at 7.500% per year until September 15, 2031, then reset every five years at the five-year U.S. Treasury rate plus 2.894%.
The Series F Preferred Stock ranks on parity with the company’s existing preferred series and senior to common stock, has no maturity date, and is redeemable at the issuer’s option on or after September 15, 2031 or within 90 days of a defined Regulatory Capital Treatment Event, generally at $100,000 per share (or $1,000 per depositary share) plus specified dividends.
First Citizens BancShares, Inc. (FCNCA) is issuing 300,000 depositary shares, each representing a 1/100th interest in a share of its 7.500% Non-Cumulative Perpetual Preferred Stock, Series F, at $1,000 per depositary share for total gross proceeds of $300 million. Each depositary share reflects a $1,000 liquidation preference and pays non-cumulative quarterly dividends at 7.500% per annum through September 15, 2031, then resets every five years to the five-year treasury rate plus 2.894%. The preferred stock is perpetual, redeemable at the company’s option on or after September 15, 2031 or upon a regulatory capital treatment event at $1,000 per depositary share plus authorized and declared unpaid dividends. The depositary shares will not be listed on any securities exchange, and carry only limited voting rights. Net proceeds of approximately $296 million are expected to be used for general corporate purposes, modestly increasing cash and regulatory capital.
First Citizens BancShares, Inc. (FCNCA) is offering depositary shares, each representing a 1/100th interest in a share of its new Series F Non-Cumulative Perpetual Preferred Stock, with a liquidation preference of $100,000 per preferred share (equivalent to $1,000 per depositary share). Dividends are non-cumulative, payable quarterly when, as and if authorized and declared, at a fixed rate to but excluding September 15, 2031, and thereafter reset every five years at the five-year U.S. Treasury rate plus a stated spread. The Series F Preferred Stock is perpetual, ranks senior to common stock and junior securities, on parity with existing preferred series, and may be redeemed at the issuer’s option on any dividend payment date on or after September 15, 2031, or within 90 days following a regulatory capital treatment event, at liquidation value plus applicable dividends. The depositary shares will not be listed on any securities exchange, and FCNCA expects to use net proceeds for general corporate purposes.
First Citizens BancShares, Inc. (FCNCA) announced that its wholly owned subsidiary, First-Citizens Bank & Trust Company, has completed the previously announced acquisition of 138 branches from BMO Bank N.A., effective September 4, 2026. The branches are located across the Midwest, Great Plains and West regions of the U.S.
As part of the transaction, First Citizens Bank assumed approximately $5 billion in deposits and $650 million in loans. The bank now operates more than 600 branches and offices nationwide and is described as a top 20 U.S. bank with more than $225 billion in assets$1 million in community initiatives across its expanded markets during 2026 and 2027.
FIRST CITIZENS BANCSHARES INC (FCNCA) director Diane E. Morais reported open-market purchases of the company’s Class A Common stock. On 2026-08-19 she bought 46 shares at $2,168.1319 per share and 4 shares at $2,167.8049 per share, all held as direct, non-derivative ownership.
First Citizens BancShares, Inc. (symbol FCNCA) has a notice filed for a proposed sale of 1,500 shares of its Class A Common Stock. The shares are to be sold through First Citizens Investor Services, Inc., with trading on NASDAQ and an approximate sale date of August 17, 2026. The notice also lists a prior transaction involving 50,801 shares of Class A Common Stock described as a contribution to a foundation by the Robert P. Holding Estate, with related dates provided in the disclosure.