---
schema_version: "secwatch.filing_event.v1"
accession: "0000798941-25-000019"
form_type: "8-K"
ticker: "FCNCA"
cik: "0000798941"
company_name: "FIRST CITIZENS BANCSHARES INC /DE/"
filed_at: "2025-04-24T23:59:59+00:00"
generated_at: "2026-05-23T07:37:44.709927+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# First Citizens Q1 EPS $34.47 down 30% QoQ; net income $483M from $700M

## Summary
- Diluted EPS $34.47 (GAAP) vs $49.21 in Q4 2024; adjusted EPS $37.79 vs $45.10.
- Net interest income $1,663M down 2.7% QoQ; NIM 3.26% vs 3.32% prior quarter.
- Loans grew to $141.4B (+0.8%) and deposits to $159.3B (+2.6%) QoQ.
- Returned $613M to shareholders via share repurchases during Q1.
- Completed $1.25B debt issuance: $500M senior notes + $750M subordinated notes.

## SEC filing metadata
- accession: 0000798941-25-000019
- form_type: 8-K
- ticker: FCNCA
- cik: 0000798941
- company_name: FIRST CITIZENS BANCSHARES INC /DE/
- filed_at: 2025-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/798941/000079894125000019/0000798941-25-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/798941/000079894125000019/fcnca-20250424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000798941-25-000019
- JSON: https://secwatch.observer/filing/0000798941-25-000019.json
- Plain text: https://secwatch.observer/filing/0000798941-25-000019.txt

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