Source-grounded facts extracted from FIRST CITIZENS BANCSHARES INC /DE/'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
FIRST CITIZENS BANCSHARES INC /DE/ shareholders rejected Stockholder proposal requesting a report on faith-based employee resource groups at the 2026-05-04 meeting.
“STOCKHOLDER PROPOSAL REQUESTING A REPORT ON FAITH-BASED EMPLOYEE RESOURCE GROUPS Description of Matter Voted On Votes Cast "For" Votes Cast "Against" Abstained Broker Non-votes Stockholder proposal requesting a report on faith-based employee resource groups 76,989 20,181,692 145,092 4,168,880”
FIRST CITIZENS BANCSHARES INC /DE/ shareholders approved Proposal to ratify the appointment of KPMG LLP as the Company’s independent public accountants for 2026 at the 2026-05-04 meeting.
“PROPOSAL TO RATIFY THE APPOINTMENT OF INDEPENDENT ACCOUNTANTS Description of Matter Voted On Votes Cast "For" Votes Cast "Against" Abstained Broker Non-votes Proposal to ratify the appointment of KPMG LLP as the Company’s independent public accountants for 2026 24,565,642 2,455 4,556 0”
FIRST CITIZENS BANCSHARES INC /DE/ shareholders approved Proposal to approve a non-binding, advisory “say-on-pay” resolution to approve compensation paid or provided to the Company’s named executive officers as disclosed in the proxy statement for the Annual Meeting at the 2026-05-04 meeting.
““SAY-ON-PAY” RESOLUTION Description of Matter Voted On Votes Cast "For" Votes Cast "Against" Abstained Broker Non-votes Proposal to approve a non-binding, advisory “say-on-pay” resolution to approve compensation paid or provided to the Company’s named executive officers as disclosed in the proxy statement for the Annual Meeting 20,022,960 338,804 42,009 4,168,880”
FIRST CITIZENS BANCSHARES INC /DE/ shareholders approved Election of 12 directors for terms of one year each at the 2026-05-04 meeting.
“ELECTION OF DIRECTORS Name of Nominee Votes Cast "For" Votes "Withheld" Broker Non-votes Ellen R. Alemany 20,223,175 180,598 4,168,880 Victor E. Bell III 18,004,680 2,399,093 4,168,880 Peter M. Bristow 20,300,672 103,101 4,168,880 Hope H. Bryant 20,254,959 148,814 4,168,880 Dr. Eugene Flood, Jr. 20,332,508 71,265 4,168,880 Frank B. Holding, Jr. 20,274,191 129,582 4,168,880 Robert R. Hoppe 20,305,828 97,945 4,168,880 David G. Leitch 18,078,006 2,325,767 4,168,880 Robert E. Mason IV 18,036,114 2,367,659 4,168,880 Diane E. Morais 20,346,147 57,626 4,168,880 Robert T. Newcomb 17,310,360 3,093,413 4,168,880 R. Mattox Snow III 20,243,116 160,657 4,168,880”
FIRST CITIZENS BANCSHARES INC /DE/ reported financial results for the quarter ended March 31, 2026.
“On April 23, 2026, First Citizens BancShares, Inc. (“BancShares”) announced its results of operations for the quarter ended March 31, 2026.”
FIRST CITIZENS BANCSHARES INC /DE/: Filed Certificate of Designation to establish Series E Non-Cumulative Perpetual Preferred Stock, amending the Amended and Restated Certificate of Incorporation (effective 2026-02-03).
“The Certificate of Designation became effective upon filing with the Secretary of State of the State of Delaware, and it amends the Company’s Amended and Restated Certificate of Incorporation.”
FIRST CITIZENS BANCSHARES INC /DE/ issued preferred stock.
“On November 14, 2025, First Citizens BancShares, Inc., a Delaware corporation (the “Company”), filed a certificate of designation (the “Certificate of Designation”) with the Secretary of State of the State of Delaware, establishing the rights, preferences, privileges, qualifications, restrictions and limitations of a new series of its preferred stock designated as the “7.000% Non-Cumulative Perpetual Preferred Stock, Series D””
FIRST CITIZENS BANCSHARES INC /DE/: Filed a certificate of designation establishing a new series of preferred stock, Series D, amending the certificate of incorporation (effective 2025-11-14).
“The Certificate of Designation became effective upon filing with the Secretary of State of the State of Delaware, and it amends the Company’s Amended and Restated Certificate of Incorporation.”
FIRST CITIZENS BANCSHARES INC /DE/ shareholders rejected Stockholder proposal requesting a report on the risks of politicized de-banking at the 2024-05-01 meeting.
“Stockholders did not approve the stockholder proposal requesting a report on the risks of politicized de-banking.”
FIRST CITIZENS BANCSHARES INC /DE/ shareholders approved Ratify the appointment of KPMG LLP as the Company's independent public accountants for 2024 at the 2024-05-01 meeting.
“Stockholders elected the 13 nominees for director and approved the “say-on-pay” resolution and the proposal to ratify the appointment of independent accountants.”
FIRST CITIZENS BANCSHARES INC /DE/ shareholders approved Non-binding, advisory “say-on-pay” resolution to approve compensation paid or provided to the Company's named executive officers at the 2024-05-01 meeting.
“Stockholders elected the 13 nominees for director and approved the “say-on-pay” resolution and the proposal to ratify the appointment of independent accountants.”
FIRST CITIZENS BANCSHARES INC /DE/ shareholders approved Election of 13 directors for terms of one year each at the 2024-05-01 meeting.
“Stockholders elected the 13 nominees for director and approved the “say-on-pay” resolution and the proposal to ratify the appointment of independent accountants.”
FIRST CITIZENS BANCSHARES INC /DE/ reported first quarter of 2024 results: net income $731, EPS $49.26.
“On April 25, 2024, First Citizens BancShares, Inc. (“BancShares”) announced its results of operations for the quarter ended March 31, 2024.”
FIRST CITIZENS BANCSHARES INC /DE/ reported financial results for quarter ended December 31, 2023.
“announced its results of operations for the quarter ended December 31, 2023”
FIRST CITIZENS BANCSHARES INC /DE/ completed an acquisition involving Federal Deposit Insurance Corporation (closed 2023-03-27).
“FCB acquired assets with a fair value of $107.54 billion, including approximately $68.47 billion in loans held by Silicon Valley Bridge Bank and $35.31 billion of cash and interest-earning deposits at banks.”
Gregory L. Smith was appointed as Chief Information & Operations Officer at FIRST CITIZENS BANCSHARES INC /DE/.
“On January 16, 2024, First Citizens BancShares, Inc. (“BancShares”) announced the appointment of Gregory L. Smith, age 59, to the position of Chief Information & Operations Officer, effective January 9, 2023.”
Gregory L. Smith was appointed as Chief Information & Operations Officer at FIRST CITIZENS BANCSHARES INC /DE/.
“On January 16, 2024, BancShares announced the appointment of Gregory L. Smith, age 59, to the position of Chief Information & Operations Officer, effective January 9, 2024.”
David G. Leitch was appointed as Director at FIRST CITIZENS BANCSHARES INC /DE/.
“appointed David G. Leitch, age 62, to the Board effective January 1, 2024.”
FIRST CITIZENS BANCSHARES INC /DE/ entered into Advance Facility Agreement with Federal Deposit Insurance Corporation, as receiver for Silicon Valley Bridge Bank valued at up to $70 billion (effective 2023-03-27).
“An Advance Facility Agreement, dated as of March 27, 2023, and effective as of November 20, 2023 (the "Advance Facility Agreement"), by and between FCB and the Receiver as lender and as collateral agent (in such capacity, the "Collateral Agent"), providing total advances available through March 27, 2025 of up to $70 billion”
FIRST CITIZENS BANCSHARES INC /DE/ entered into Amended and Restated Purchase Money Note with Federal Deposit Insurance Corporation, as receiver for Silicon Valley Bridge Bank valued at $35 billion (effective 2023-03-27).
“FCB issued a five-year $35 billion note payable to the Receiver (the "Original Purchase Money Note"), and entered into binding terms and conditions for an up to $70 billion line of credit provided by the Receiver for related risks and liquidity purposes (the "Initial Liquidity Commitment", and with the Original Purchase Money Note, the "Initial Financing").”
FIRST CITIZENS BANCSHARES INC /DE/ reported financial results for the quarter ended September 30, 2023.
“On October 26, 2023, First Citizens BancShares, Inc. (“BancShares”) announced its results of operations for the quarter ended September 30, 2023.”
FIRST CITIZENS BANCSHARES INC /DE/ shareholders approved Say-on-Frequency Proposal at the 2023-04-25 meeting.
“a majority of the votes cast by stockholders on a separate, non-binding "Say-on-Frequency Proposal" favored submitting a Say-on-Pay Proposal to a vote of stockholders each year”
FIRST CITIZENS BANCSHARES INC /DE/ shareholders approved Say-on-Pay Proposal at the 2023-04-25 meeting.
“stockholders approved a Say-on-Pay Proposal”
FIRST CITIZENS BANCSHARES INC /DE/ reported financial results for the quarter ended March 31, 2023.
“On May 10, 2023, First Citizens BancShares, Inc. (“BancShares”) announced its results of operations for the quarter ended March 31, 2023.”
FIRST CITIZENS BANCSHARES INC /DE/: Stockholders approved amendments to increase authorized Class A Common Stock from 16,000,000 to 32,000,000 shares, increase authorized Preferred Stock from 10,000,000 to 20,000,000 shares, and add officer exculpation provisions under Delaware law (effective 2023-04-27).
“The Amended and Restated Certificate became effective upon filing with the Secretary of State of the State of Delaware on April 27, 2023.”
FIRST CITIZENS BANCSHARES INC /DE/ shareholders approved A non-binding, advisory "say-on-frequency" vote on whether the Company should submit a "say-on-pay" resolution for a vote of stockholders every year, every two years, or every three years at the 2023-04-25 meeting.
““SAY-ON-FREQUENCY” PROPOSAL Description of Matter Voted On Votes Cast For "Every Year" Votes Cast For "Every Two Years" Votes Cast For "Every Three Years" Abstained Broker Non-votes Non-binding, advisory "say-on-frequency" vote on whether the Company should submit a "say-on-pay" resolution for a vote of stockholders every year, every two years, or every three years 23,601,679 11,846 265,813 27,128 3,702,829”
FIRST CITIZENS BANCSHARES INC /DE/ shareholders approved A non-binding, advisory "say-on-pay" resolution to approve compensation paid or provided to the Company's named executive officers as disclosed in the proxy statement for the 2023 Annual Meeting at the 2023-04-25 meeting.
““SAY-ON-PAY” PROPOSAL Description of Matter Voted On Votes Cast "For" Votes Cast "Against" Abstained Broker Non-votes Proposal to approve a non-binding, advisory resolution to approve compensation paid or provided to named executive officers as disclosed in the 2023 Annual Meeting proxy statement 22,886,080 899,514 120,872 3,702,829”
FIRST CITIZENS BANCSHARES INC /DE/ shareholders approved Election of 13 directors for terms of one year each at the 2023-04-25 meeting.
“The following tables reflect the final results of the voting at the annual meeting. ELECTION OF DIRECTORS Name of Nominee Votes Cast "For" Votes "Withheld" Broker Non-votes Ellen R. Alemany 23,438,454 468,012 3,702,829 John M. Alexander, Jr. 23,332,761 573,705 3,702,829 Victor E. Bell III 20,841,792 3,064,674 3,702.829 Peter M. Bristow 23,460,872 445,594 3,702,829 Hope H. Bryant 23,457,183 449,283 3,702,829 Michael A. Carpenter 23,569,438 337,028 3,702,829 H. Lee Durham, Jr 20,838,915 3,067,551 3,702,829 Dr. Eugene Flood, Jr. 23,882,266 24,200 3,702,829 Frank B. Holding, Jr 23,555,503 350,963 3,702,829 Robert R. Hoppe 23,838,226 68,240 3,702,829 Floyd L. Keels 23,779,242 127,224 3.702,829 Robert E. Mason IV 21,242,178 2,664,288 3,702,829 Robert T. Newcomb 20,057,700 3,848,766 3,702,829”
FIRST CITIZENS BANCSHARES INC /DE/ completed an acquisition involving Federal Deposit Insurance Corporation (FDIC), as receiver for Silicon Valley Bridge Bank, N.A. (closed 2023-03-27).
“The Acquisition was consummated on March 27, 2023.”
FIRST CITIZENS BANCSHARES INC /DE/ incurred credit facility of $70 billion with FDIC at Secured Overnight Financing Rate plus 25 basis points (but in no event less than maturing five-year.
“FCB and the FDIC also entered into a binding term sheet pursuant to which the FDIC is providing a five-year, $70 billion line of credit to FCB (the “Credit Facility”).”
FIRST CITIZENS BANCSHARES INC /DE/ incurred loan of $35.0 billion with FDIC at 3.50% per annum maturing five-year.
“In connection with the Acquisition, as initial payment under the Purchase Agreement, FCB issued a five-year $35.0 billion note to the FDIC (the “Purchase Money Note”).”
FIRST CITIZENS BANCSHARES INC /DE/ entered into Shared-Loss Agreement with FDIC (effective 2023-03-27).
“(“Silicon Valley Bridge Bank”), as successor to Silicon Valley Bank (the “Failed Bank”), from the Federal Deposit Insurance Corporation (the “FDIC”), as receiver for Silicon Valley Bridge Bank (the “Acquisition”), pursuant to the terms of a purchase and assumption agreement entered into by FCB and the FDIC on March 27, 2023 (the “Purchase Agreement”).”
FIRST CITIZENS BANCSHARES INC /DE/ entered into Credit Facility with FDIC valued at $70 billion line of credit (effective 2023-03-27).
“FCB and the FDIC also entered into a binding term sheet pursuant to which the FDIC is providing a five-year, $70 billion line of credit to FCB (the “Credit Facility”).”
FIRST CITIZENS BANCSHARES INC /DE/ entered into Purchase Money Note with FDIC valued at $35.0 billion note (effective 2023-03-27).
“(“Silicon Valley Bridge Bank”), as successor to Silicon Valley Bank (the “Failed Bank”), from the Federal Deposit Insurance Corporation (the “FDIC”), as receiver for Silicon Valley Bridge Bank (the “Acquisition”), pursuant to the terms of a purchase and assumption agreement entered into by FCB and the FDIC on March 27, 2023 (the “Purchase Agreement”).”
FIRST CITIZENS BANCSHARES INC /DE/ entered into Purchase Agreement with FDIC (effective 2023-03-27).
“pursuant to the terms of a purchase and assumption agreement entered into by FCB and the FDIC on March 27, 2023 (the “Purchase Agreement”).”
FIRST CITIZENS BANCSHARES INC /DE/ completed an acquisition involving Federal Deposit Insurance Corporation for at a discount of approximately $16.45 billion (closed 2023-03-27).
“liabilities, including approximately $56.5 billion in customer deposits. The deposits were acquired without a premium and the assets were acquired at a discount of approximately $16.45 billion, subject to customary adjustments. The Purchase Agreement expressly excludes (i) any obligation for FCB to purchase (a) qualified financial contracts or any other derivative”
FIRST CITIZENS BANCSHARES INC /DE/ incurred credit facility of $70 billion with Federal Deposit Insurance Corporation (the "FDIC") at Secured Overnight Financing Rate plus 25 basis points (but in no event less than maturing five years from the Acquisition Date.
“FCB and the FDIC also entered into a binding term sheet pursuant to which the FDIC is providing a five-year, $70 billion line of credit to FCB (the "Credit Facility").”
FIRST CITIZENS BANCSHARES INC /DE/ incurred debt of $35.0 billion with Federal Deposit Insurance Corporation (the "FDIC") at 3.50% per annum maturing five years from the Acquisition Date.
“as initial payment under the Purchase Agreement, FCB issued a five-year $35.0 billion note to the FDIC (the "Purchase Money Note").”
FIRST CITIZENS BANCSHARES INC /DE/ entered into Value Appreciation Instrument with Federal Deposit Insurance Corporation valued at Cash Settled Value Appreciation Instrument issued by BancShares; FCB agreed to make a cash payment t (effective 2023-03-27).
“In addition, as part of the consideration for the Acquisition, BancShares issued a Cash Settled Value Appreciation Instrument to the FDIC (the “Value Appreciation Instrument”) in which FCB agreed to make a cash payment to the holder”
FIRST CITIZENS BANCSHARES INC /DE/ entered into Shared-Loss Agreement with Federal Deposit Insurance Corporation valued at Covers estimated $60 billion of loans; FDIC reimburses 0% of first $5 billion losses and 50% of loss (effective 2023-03-27).
“In connection with the Purchase Agreement, FCB also entered into a commercial shared loss agreement with the FDIC (the “Shared-Loss Agreement”). The Shared-Loss Agreement will cover an estimated $60 billion of loans (collectively, the “covered assets”). Pursuant to the terms of the Shared-Loss Agreement, the FDIC will reimburse FCB for 0% of losses of up to $5 billion with respect to covered assets and 50% of losses in excess of $5 billion with respect to covered assets (“FDIC loss sharing”) and FCB will reimburse the FDIC for 50% of recoveries related to such covered assets (“FCB reimbursement”).”
FIRST CITIZENS BANCSHARES INC /DE/ entered into Credit Facility with Federal Deposit Insurance Corporation valued at Five-year $70 billion line of credit at SOFR plus 25 basis points (floor 0%), secured by commercial (effective 2023-03-27).
“FCB and the FDIC also entered into a binding term sheet pursuant to which the FDIC is providing a five-year, $70 billion line of credit to FCB (the “Credit Facility”). During the two-year period following the Acquisition (the “Availability Period”), FCB may draw on the Credit Facility to support liquidity, including for deposit withdrawal or runoff and to fund the unfunded commercial lending commitments acquired pursuant to the Acquisition (the “Unfunded Commitments”).”
FIRST CITIZENS BANCSHARES INC /DE/ entered into Purchase Money Note with Federal Deposit Insurance Corporation valued at Five-year $35.0 billion note with 3.50% fixed interest, secured by acquired loans and other assets, (effective 2023-03-27).
“In connection with the Acquisition, as initial payment under the Purchase Agreement, FCB issued a five-year $35.0 billion note to the FDIC (the “Purchase Money Note”). It is anticipated that the Purchase Money Note will be secured by (i) all loans (other than certain consumer loans and related collateral) and certain real estate and bank premises acquired by FCB from the FDIC, (ii) certain other assets related to the foregoing, including specified rights under the Purchase Agreement and Shared-Loss Agreement (as defined below), and (iii) proceeds of the foregoing.”
FIRST CITIZENS BANCSHARES INC /DE/ entered into Purchase Agreement with Federal Deposit Insurance Corporation valued at FCB acquired approximately $110.1 billion in assets (including $72.1 billion in loans) and assumed a (effective 2023-03-27).
“Effective March 27, 2023 (the “Acquisition Date”), First-Citizens Bank & Trust Company (“FCB”), a North Carolina chartered commercial bank and direct, wholly owned subsidiary of First Citizens BancShares, Inc. (“BancShares”), assumed all customer deposits and certain other liabilities, and acquired substantially all loans and certain other assets, of Silicon Valley Bridge Bank, N.A. (“Silicon Valley Bridge Bank”), as successor to Silicon Valley Bank (the “Failed Bank”), from the Federal Deposit Insurance Corporation (the “FDIC”), as receiver for Silicon Valley Bridge Bank (the “Acquisition”), pursuant to the terms of a purchase and assumption agreement entered into by FCB and the FDIC on March 27, 2023 (the “Purchase Agreement”).”
FIRST CITIZENS BANCSHARES INC /DE/ reported the quarter ended December 31, 2022 results: net income $243 million, EPS $16.67 per diluted common share.
“For the fourth quarter, net income available to common stockholders was $243 million, or $16.67 per diluted common share”
FIRST CITIZENS BANCSHARES INC /DE/: Adopted amended and restated bylaws to enhance shareholder nomination procedures, allow remote meetings, and eliminate director stock ownership requirement (effective 2023-01-24).
“On January 24, 2023, in connection with the new Securities and Exchange Commission rules regarding universal proxy cards and a periodic review of the bylaws of BancShares, the Board of Directors of BancShares (the “Board”) adopted and approved amended and restated bylaws (the “Amended and Restated Bylaws”), which became effective the same day.”
Eugene Flood Jr. was appointed as Director at FIRST CITIZENS BANCSHARES INC /DE/.
“the Board appointed Dr. Eugene Flood, Jr., age 66, to the Board effective January 1, 2023 to fill the vacancy that will be created by Mr. Heavner’s retirement.”
Daniel Heavner retired as Director at FIRST CITIZENS BANCSHARES INC /DE/.
“Mr. Daniel Heavner, age 75, notified the Board of Directors (the “Board”) of First Citizens BancShares, Inc. (“BancShares”) that he would retire from his position as a director of BancShares and its subsidiary, First-Citizens Bank & Trust Company (“FCB”), effective on December 31, 2022.”
Marisa J. Harney was appointed as Chief Credit Officer at FIRST CITIZENS BANCSHARES INC /DE/.
“At the Effective Time, Marisa J. Harney, the former Chief Credit Officer of CIT, was appointed as the Chief Credit Officer of FCB.”
Ellen R. Alemany was appointed as Vice Chairwoman of the Board at FIRST CITIZENS BANCSHARES INC /DE/.
“At the Effective Time, pursuant to the terms of the Merger Agreement, Ellen R. Alemany, the former Chairwoman and Chief Executive Officer of CIT, was appointed as the Vice Chairwoman of First Citizens and FCB.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.