---
schema_version: "secwatch.filing_event.v1"
accession: "0000798941-24-000034"
form_type: "8-K"
ticker: "FCNCA"
cik: "0000798941"
company_name: "FIRST CITIZENS BANCSHARES INC /DE/"
filed_at: "2024-07-25T23:59:59+00:00"
generated_at: "2026-05-31T16:31:27.688641+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# First Citizens Q2 EPS $47.54, adj EPS $50.87; authorizes $3.5B share repurchase

## Summary
- Net income $707M ($47.54 diluted EPS), up from $682M ($45.87) YoY; adjusted diluted EPS $50.87.
- Net interest income $1.82B, down 7% YoY; NIM 3.64% vs 4.11% a year ago.
- Total loans $139.3B (+4.8% YoY), deposits $151.1B (+7.0% YoY); SVB segment achieved loan and deposit growth.
- Credit quality: nonaccrual loans 0.82%, net charge-off ratio 0.38%; provision for credit losses $95M vs $151M YoY.
- Board authorized up to $3.5B share repurchase through 2025; repurchases expected to begin Q3 2024.

## SEC filing metadata
- accession: 0000798941-24-000034
- form_type: 8-K
- ticker: FCNCA
- cik: 0000798941
- company_name: FIRST CITIZENS BANCSHARES INC /DE/
- filed_at: 2024-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/798941/000079894124000034/0000798941-24-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/798941/000079894124000034/fcnca-20240725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000798941-24-000034
- JSON: https://secwatch.observer/filing/0000798941-24-000034.json
- Plain text: https://secwatch.observer/filing/0000798941-24-000034.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.