Recent 8-K filings for FCNCA
Highest-materiality recent filing
FCNCA Q4 adjusted EPS $51.27 vs $45.10 yoy; $900M share repurchases, $2.5B note prepaid
- Net income available to common $566M GAAP ($45.81 diluted EPS); adjusted net income $634M ($51.27 diluted EPS).
- Returned $900M via share repurchases and prepaid $2.5B Purchase Money Note in Q4.
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First Citizens stockholders elect 12 directors, approve say-on-pay, reject faith-based ERG proposal
All 12 director nominees elected; highest vote withheld was 3.09M shares for Robert T. Newcomb.
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First Citizens Q1 2026: $900M buyback, $2.5B debt prepaid; CEO cites growth
Chairman Holding reports loan and deposit growth, resilient credit quality, return metrics exceeding expectations.
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First Citizens BancShares issues $500M of 4.869% senior notes due 2032
Issued $500M aggregate principal of 4.869% Fixed-to-Floating Rate Senior Notes due 2032.
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First Citizens closes $400M Series E preferred stock offering (16M depositary shares at $25 each)
Filed Certificate of Designation for 6.625% Non-Cumulative Perpetual Preferred Stock, Series E, $1,000 liquidation preference.
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FCNCA Q4 adjusted EPS $51.27 vs $45.10 yoy; $900M share repurchases, $2.5B note prepaid
Net income available to common $566M GAAP ($45.81 diluted EPS); adjusted net income $634M ($51.27 diluted EPS).
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First Citizens BancShares CRO Lorie Rupp to retire June 1; Treasurer Tom Eklund to succeed
Lorie Rupp to retire as EVP & Chief Risk Officer effective June 1, 2026, after 13-year tenure.
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First Citizens BancShares issues 500,000 depositary shares of 7% Series D Preferred Stock
500,000 depositary shares sold, each representing 1/100th interest in Series D Preferred with $100,000 liquidation preference per share.
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Diluted EPS $43.08 GAAP, $44.62 adjusted; net income $568M vs $639M a year ago.
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First Citizens to acquire 138 BMO branches in 11 states, assume $5.7B deposits
Transaction includes $5.7B in deposit liabilities and $1.1B in loans from BMO Bank N.A.
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First Citizens BancShares issues $600M of 5.600% subordinated notes due 2035
Issued $600M of 5.600% Fixed Rate Reset Subordinated Notes due 2035 on Sept 5, 2025.
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First Citizens Q2 net income $575M, EPS $42.36; announces $4.0B share repurchase plan
Net income of $575M, diluted EPS $42.36; adjusted diluted EPS $44.78.
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First Citizens BancShares appoints Diane Morais to board effective July 1, 2025
Diane Morais, former President of Consumer and Commercial Banking at Ally Bank, joins the board.
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All 11 director nominees elected; Frank B. Holding Jr. received 23.7M for, David G. Leitch had 2.37M withheld.
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First Citizens Q1 EPS $34.47 down 30% QoQ; net income $483M from $700M
Diluted EPS $34.47 (GAAP) vs $49.21 in Q4 2024; adjusted EPS $37.79 vs $45.10.
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First Citizens terminates FDIC shared-loss agreement on $60B SVB loan portfolio
Early termination of commercial shared-loss agreement (CSLA) with FDIC covering $60B in loans from Silicon Valley Bridge Bank acquisition.
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First Citizens BancShares issues $1.25B in senior and subordinated notes
$500M of 5.231% Fixed-to-Floating Rate Senior Notes due 2031 issued.
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First Citizens Q4 net income $700M, EPS $49.21; repurchased $963M in stock
GAAP diluted EPS $49.21 vs $34.33 in Q4 2023; adjusted EPS $45.10 vs $46.58.
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First Citizens appoints Matt Snow to board effective Jan. 2, 2025; audit committee member
Snow, age 60, is chairman of governing board at Forvis Mazars; expected to retire in May 2025.
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First Citizens Q3 net income $639M ($43.42 EPS), down 15% YoY; NIM 3.53%, credit weakens
Net income available to common $624M; diluted EPS $43.42, down from $50.67 YoY. Adjusted EPS $45.87.
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First Citizens BancShares files 8-K with XBRL financial data; no material narrative available
Filing contains XBRL-tagged financial data for periods ending Dec 31, 2023 and 2022.
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First Citizens Q2 EPS $47.54, adj EPS $50.87; authorizes $3.5B share repurchase
Net income $707M ($47.54 diluted EPS), up from $682M ($45.87) YoY; adjusted diluted EPS $50.87.
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All 13 director nominees elected; Robert T. Newcomb received highest withhold votes at 3,932,914.
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First Citizens Q1 net income $731M; adj. EPS $52.92, up from $46.58 Q4
GAAP diluted EPS $49.26 vs $34.33 in Q4 2023; adjusted diluted EPS $52.92 vs $46.58.
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.80 · Median 0.60 · Most common event earnings