secwatch.observer — SEC 8-K summary
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Issuer:     FIRST CITIZENS BANCSHARES INC /DE/ (FCNCA)
CIK:        0000798941
Form:       8-K
Filed at:   2025-07-25T23:59:59+00:00
Accession:  0000798941-25-000034
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Citizens Q2 net income $575M, EPS $42.36; announces $4.0B share repurchase plan
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- Net income of $575M, diluted EPS $42.36; adjusted diluted EPS $44.78.
- Net interest income $1.695B, NIM 3.26% (ex-PAA 3.14%).
- Returned $613M of capital via share repurchases in Q2.
- Board authorized new $4.0B share repurchase program through 2026 (following current $3.5B plan).
- Appointed Diane Morais to the Board of Directors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798941/000079894125000034/0000798941-25-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798941/000079894125000034/fcnca-20250725.htm
  HTML page:      https://secwatch.observer/filing/0000798941-25-000034

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