---
schema_version: "secwatch.filing_event.v1"
accession: "0000798941-25-000043"
form_type: "8-K"
ticker: "FCNCA"
cik: "0000798941"
company_name: "FIRST CITIZENS BANCSHARES INC /DE/"
filed_at: "2025-10-16T23:59:59+00:00"
generated_at: "2026-05-17T03:38:37.745636+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# First Citizens to acquire 138 BMO branches in 11 states, assume $5.7B deposits

## Summary
- Transaction includes $5.7B in deposit liabilities and $1.1B in loans from BMO Bank N.A.
- Branches span Midwest, Great Plains and West, adding presence in 8 new states plus select locations.
- Expected close mid-2026, subject to regulatory approvals and customary conditions.
- CEO Frank B. Holding Jr. cites solid deposit franchise and enhanced liquidity positioning.

## SEC filing metadata
- accession: 0000798941-25-000043
- form_type: 8-K
- ticker: FCNCA
- cik: 0000798941
- company_name: FIRST CITIZENS BANCSHARES INC /DE/
- filed_at: 2025-10-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/798941/000079894125000043/0000798941-25-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/798941/000079894125000043/fcnca-20251016.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000798941-25-000043
- JSON: https://secwatch.observer/filing/0000798941-25-000043.json
- Plain text: https://secwatch.observer/filing/0000798941-25-000043.txt

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