Every 424B that First Citizens BancShares Inc (FCNCA) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow FCNCA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FCNCA filings page.
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. is offering $500,000,000 of 4.869% fixed-to-floating senior notes due March 3, 2032. The notes bear interest at 4.869% from the March 3, 2026 issue date through March 3, 2031, then reset to a floating rate equal to Compounded SOFR plus 1.487% (148.7 basis points).
The notes are unsecured, unsubordinated obligations of BancShares, not guaranteed by subsidiaries, and will be structurally subordinated to subsidiary liabilities. They will be issued in book-entry form, not listed, and expected to deliver on or about March 3, 2026. Estimated net proceeds are approximately $497,000,000, to be used for general corporate purposes including possible prepayment or redemption of long-term debt.
First Citizens BancShares is offering a series of fixed-to-floating rate senior notes, as described in a preliminary prospectus supplement dated February 25, 2026 (subject to completion). The notes will convert from a fixed rate to a floating rate tied to the Compounded SOFR Index Rate for the floating-rate period.
The notes will be unsecured and unsubordinated obligations of BancShares, will not be guaranteed by any subsidiary and therefore will be structurally subordinated to subsidiary liabilities. The offering document states proceeds will be used for general corporate purposes, which may include repayment or redemption of long-term debt. BancShares reported consolidated assets of $229.70 billion as of December 31, 2025, and aggregate subsidiary debt and other liabilities of $206.02 billion as of the same date.
First Citizens BancShares, Inc. is offering 16,000,000 depositary shares, each representing a 1/40th interest in its new Series E 6.625% non-cumulative perpetual preferred stock, at $25 per depositary share.
The offering totals $400 million, with proceeds before expenses of about $391.1 million and expected net proceeds of roughly $390 million, to be used for general corporate purposes. Dividends are fixed at 6.625% of the $1,000 liquidation preference per preferred share (equivalent to $25 per depositary share) until March 15, 2031, then reset every five years to the five-year U.S. Treasury rate plus 2.830%. The securities are perpetual, redeemable at the company’s option starting March 15, 2031 or following certain regulatory capital events, and are intended to qualify as additional Tier 1 capital.
The company reported unaudited net income of $580 million for the quarter ended December 31, 2025 and $2.206 billion for full-year 2025, on total assets of $229.7 billion. It also highlights a pending acquisition of 138 BMO Bank branches, where it expects to assume approximately $5.7 billion in deposits and acquire about $1.1 billion in loans, targeted to close in the second half of 2026, subject to customary approvals.
First Citizens BancShares plans to issue depositary shares, each representing a 1/40th interest in new non‑cumulative perpetual Series E preferred stock, with dividends fixed to March 15, 2031 and then resetting every five years off the five‑year U.S. Treasury rate plus a spread. The preferred is perpetual, ranks senior to common stock, and can be redeemed at the company’s option after March 15, 2031 or following certain regulatory capital events, subject to Federal Reserve approval.
The company intends to list the depositary shares on Nasdaq under the symbol FCNCN and use net proceeds for general corporate purposes. First Citizens reported unaudited net income of $580 million for the quarter ended December 31, 2025 and $2.206 billion for 2025, with total assets of $229.698 billion at year‑end. It also has an agreement to acquire 138 branches from BMO Bank N.A., expecting to assume about $5.7 billion of deposits and $1.1 billion of loans in a transaction anticipated to close in the second half of 2026.
First Citizens BancShares (FCNCA) launched a primary offering of depositary shares, each representing a 1/100th interest in a share of its non-cumulative perpetual Preferred Stock, Series D. Each preferred share carries a $100,000 liquidation preference (equivalent to $1,000 per depositary share).
Dividends are discretionary and non-cumulative, initially fixed to, but excluding, December 15, 2030, then reset every five years to the five-year Treasury rate plus a spread. The Series D may be redeemed at the company’s option on any dividend payment date on or after December 15, 2030, or within 90 days of a regulatory capital treatment event, in each case at $100,000 per preferred share (or $1,000 per depositary share) plus applicable authorized and declared dividends. The company does not intend to list the depositary shares.
Net proceeds are intended for general corporate purposes. As context, total consolidated assets were $233.49 billion as of September 30, 2025.