---
schema_version: "secwatch.filing_event.v1"
accession: "0000798941-25-000047"
form_type: "8-K"
ticker: "FCNCA"
cik: "0000798941"
company_name: "FIRST CITIZENS BANCSHARES INC /DE/"
filed_at: "2025-10-23T23:59:59+00:00"
generated_at: "2026-05-17T02:38:01.265035+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# First Citizens Q3 diluted EPS $43.08 (adjusted $44.62); net income $568M; BMO branch acquisition announced

## Summary
- Diluted EPS $43.08 GAAP, $44.62 adjusted; net income $568M vs $639M a year ago.
- Net interest income $1.734B, down 3.5% YoY; provision for credit losses $191M (up from $117M).
- Total loans $144.8B, deposits $163.2B, up 4.4% and 7.7% YoY respectively.
- Announced acquisition of 138 BMO branches assuming ~$5.7B deposits and ~$1.1B loans; expected close mid-2026.
- Returned $900M via share repurchases in Q3; CET1 ratio 11.65%.

## SEC filing metadata
- accession: 0000798941-25-000047
- form_type: 8-K
- ticker: FCNCA
- cik: 0000798941
- company_name: FIRST CITIZENS BANCSHARES INC /DE/
- filed_at: 2025-10-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/798941/000079894125000047/0000798941-25-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/798941/000079894125000047/fcnca-20251023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000798941-25-000047
- JSON: https://secwatch.observer/filing/0000798941-25-000047.json
- Plain text: https://secwatch.observer/filing/0000798941-25-000047.txt

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