secwatch.observer — SEC 8-K summary
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Issuer:     FIRST CITIZENS BANCSHARES INC /DE/ (FCNCA)
CIK:        0000798941
Form:       8-K
Filed at:   2025-01-24T23:59:59+00:00
Accession:  0000798941-25-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Citizens Q4 net income $700M, EPS $49.21; repurchased $963M in stock
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- GAAP diluted EPS $49.21 vs $34.33 in Q4 2023; adjusted EPS $45.10 vs $46.58.
- Net interest income $1.71B; noninterest income $699M; total revenue $2.41B.
- End-of-period loans $140.2B (+1.1% QoQ); deposits $155.2B (+2.4% QoQ).
- Net charge-off ratio 0.46%; nonaccrual loans 0.84% of total loans.
- Repurchased 461,583 shares for $963M during Q4; capital ratios remain strong.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798941/000079894125000003/0000798941-25-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798941/000079894125000003/fcnca-20250124.htm
  HTML page:      https://secwatch.observer/filing/0000798941-25-000003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer