FCNCA financial statements

The full income statement, balance sheet, and cash-flow statement for First Citizens BancShares Inc. (FCNCA), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-03 14.5M2024-06 14.5M2024-09 14.2M2024-12 13.7M2025-03 13.4M2025-06 13.1M2025-09 12.6M2025-12 12.1M2026-03 11.9M-17.9% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	9.54B YoY-2.2%	9.76B YoY-48.1%	18.8B YoY+269.7%	5.08B YoY+167.8%	1.90B YoY+1.8%
Lease income	1.10B YoY+4.6%	1.05B YoY+7.9%	971M YoY+12.4%	864M	0.00
Noninterest income	2.73B YoY+4.3%	2.62B YoY-78.3%	12.1B YoY+465.3%	2.14B YoY+320.5%	508M YoY+6.5%
Selling & marketing	142M YoY+86.8%	76.0M YoY-25.5%	102M YoY+92.5%	53.0M YoY+430.0%	10.0M YoY+0.0%
Amortization of intangibles	54.0M YoY-14.3%	63.0M YoY+10.5%	57.0M YoY+147.8%	23.0M YoY+91.7%	12.0M YoY-20.0%
Noninterest expense	6.06B YoY+5.6%	5.74B YoY+7.5%	5.33B YoY+73.5%	3.08B YoY+149.2%	1.23B YoY+3.8%
Provision for credit losses	514M YoY+19.3%	431M YoY-68.7%	1.38B YoY+113.2%	645M YoY+1843.2%	-37.0M YoY-163.8%
Interest expense	—	—	3.68B YoY+687.8%	467M YoY+665.6%	61.0M YoY-36.5%
Interest & investment income	11.8B YoY-4.7%	12.4B YoY+18.9%	10.4B YoY+204.5%	3.41B YoY+135.2%	1.45B YoY-2.2%
Net interest income	6.81B YoY-4.6%	7.14B YoY+6.4%	6.71B YoY+127.8%	2.95B YoY+111.9%	1.39B YoY+0.1%
Gain (loss) on equity securities	22.0M YoY+69.2%	13.0M YoY+218.2%	-11.0M YoY-266.7%	-3.00M YoY-108.8%	34.0M YoY+17.2%
Pre-tax income	2.97B YoY-17.3%	3.59B YoY-70.3%	12.1B YoY+786.7%	1.36B YoY+94.3%	701M YoY+13.4%
Income tax	765M YoY-6.1%	815M YoY+33.4%	611M YoY+131.4%	264M YoY+71.4%	154M YoY+22.2%
	2.21B YoY-20.6%	2.78B YoY-75.8%	11.5B YoY+944.3%	1.10B YoY+100.7%	547M YoY+11.2%
Preferred dividends	—	—	—	—	18.5M YoY+31.9%
Net income to common	2.15B YoY-20.9%	2.72B YoY-76.2%	11.4B YoY+988.5%	1.05B YoY+98.1%	529M YoY+10.7%
	$165.24 YoY-12.8%	$189.41 YoY-75.9%	$784.51 YoY+1064.0%	$67.40 YoY+25.1%	$53.88 YoY+13.4%
EPS (basic)	$165.24 YoY-12.8%	$189.42 YoY-75.9%	$785.14 YoY+1063.7%	$67.47 YoY+25.2%	$53.88 YoY+13.4%
	13.0M YoY-9.3%	14.3M YoY-1.3%	14.5M YoY-6.5%	15.5M YoY+58.2%	9.82M YoY-2.4%
	13.0M YoY-9.3%	14.3M YoY-1.4%	14.5M YoY-6.5%	15.5M YoY+58.4%	9.82M YoY-2.4%
Dividends per share	$7.95 YoY+15.7%	$6.87 YoY+76.6%	$3.89 YoY+80.1%	$2.16 YoY+14.9%	$1.88 YoY+12.6%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Cash & equivalents	801M YoY-1.6%	814M YoY-10.4%	908M YoY+75.3%	518M YoY-94.3%	9.03B YoY+111.5%
	230B YoY+2.7%	224B YoY+4.7%	214B YoY+95.6%	109B YoY+87.4%	58.3B YoY+16.7%
Property, plant & equipment	—	—	—	—	1.23B YoY-1.4%
Operating lease right-of-use	294M YoY-7.0%	316M YoY-10.7%	354M YoY+2.6%	345M YoY+439.1%	64.0M YoY-5.9%
Goodwill	346M YoY+0.0%	346M YoY+0.0%	346M YoY+0.0%	346M YoY+0.0%	346M YoY-1.1%
Intangible assets	195M YoY-21.7%	249M YoY-20.2%	312M YoY+122.9%	140M YoY+636.8%	19.0M YoY-62.6%
Short-term & current debt	224M YoY-39.0%	367M YoY-24.3%	485M YoY-77.8%	2.19B YoY+271.1%	589M YoY-8.2%
	207B YoY+3.0%	201B YoY+4.7%	193B YoY+93.2%	99.6B YoY+86.0%	53.6B YoY+17.2%
Long-term debt	35.8B YoY-2.5%	36.7B YoY-1.3%	37.2B YoY+733.6%	4.46B YoY+273.1%	1.20B YoY-4.3%
Operating lease liability (total)	329M YoY-7.8%	357M YoY-9.8%	396M YoY+12.5%	352M YoY+450.0%	64.0M YoY-6.4%
Finance lease liability (total)	72.0M YoY+380.0%	15.0M YoY+66.7%	9.00M YoY+28.6%	7.00M YoY+75.0%	4.00M YoY-36.6%
Deferred tax liabilities	—	3.53B YoY-1.3%	3.58B YoY+1151.4%	286M YoY+766.7%	33.0M
	22.2B YoY+0.0%	22.2B YoY+4.6%	21.3B YoY+120.0%	9.66B YoY+103.9%	4.74B YoY+12.0%
Preferred stock	1.38B YoY+56.1%	881M YoY+0.0%	881M YoY+0.0%	881M YoY+159.1%	340M YoY+0.0%
Additional paid-in capital	0.00 YoY-100.0%	2.42B YoY-41.2%	4.11B YoY-0.0%	4.11B	0.00
Retained earnings	20.8B YoY+7.3%	19.4B YoY+15.6%	16.7B YoY+210.5%	5.39B YoY+23.2%	4.38B YoY+13.2%
Accumulated other comprehensive income	83.0M YoY+118.7%	-445M YoY+9.4%	-491M YoY+33.2%	-735M YoY-7450.0%	10.0M YoY-18.5%
Total liabilities & equity	230B YoY+2.7%	224B YoY+4.7%	214B YoY+95.6%	109B YoY+87.4%	58.3B YoY+16.7%
	12.1M YoY-11.5%	13.7M YoY-5.5%	14.5M YoY+0.1%	14.5M YoY+47.8%	9.82M YoY+0.0%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	2.92B YoY-2.2%	2.99B YoY+12.3%	2.66B YoY-4.7%	2.79B YoY+1082.7%	-284M YoY-175.5%
Depreciation & amortization	314M YoY+13.8%	276M YoY+22.7%	225M YoY+58.5%	142M YoY+32.7%	107M YoY-1.8%
Intangible amortization	54.0M YoY-14.3%	63.0M YoY+10.5%	57.0M YoY+147.8%	23.0M YoY+91.7%	12.0M YoY-20.0%
Share-based compensation	0.00	0.00 YoY-100.0%	5.00M YoY-73.7%	19.0M	0.00
Deferred income taxes	-111M YoY-1950.0%	6.00M YoY+103.6%	-165M YoY-180.1%	206M YoY+2675.0%	-8.00M YoY+69.2%
Other operating activities	-68.0M YoY-6900.0%	1.00M YoY+104.8%	-21.0M YoY+41.7%	-36.0M YoY-176.9%	-13.0M YoY-8.3%
	-5.61B YoY+44.7%	-10.2B YoY-518.1%	2.43B YoY+3138.7%	75.0M YoY+101.0%	-7.57B YoY+23.6%
Capital expenditure	710M YoY+65.5%	429M YoY+5.9%	405M YoY+161.3%	155M YoY+44.9%	107M YoY-19.5%
Free cash flow	2.21B YoY-13.5%	2.56B YoY+13.5%	2.25B YoY-14.5%	2.64B YoY+774.2%	-391M YoY-260.9%
Acquisitions	0.00	0.00	0.00 YoY+100.0%	-134M	0.00 YoY-100.0%
Sales/maturities of investments	13.0B YoY+74.5%	7.45B YoY+257.2%	2.08B YoY+68.5%	1.24B YoY-49.6%	2.46B YoY-12.0%
Proceeds from sale of PP&E	—	0.00	0.00 YoY-100.0%	13.0M YoY+1200.0%	1.00M YoY+0.0%
Other investing activities	806M YoY+70.4%	473M YoY+327.4%	-208M YoY-292.6%	108M YoY+157.1%	42.0M YoY-58.0%
	2.67B YoY-62.2%	7.07B YoY+250.5%	-4.70B YoY-74.9%	-2.69B YoY-134.3%	7.83B YoY-17.7%
Long-term debt issued	1.84B	0.00 YoY-100.0%	9.99B YoY+159.2%	3.85B	0.00 YoY-100.0%
Long-term debt repaid	2.85B YoY+533.3%	450M YoY-96.6%	13.1B YoY+157.3%	5.10B YoY+9342.6%	54.0M YoY-37.9%
Net short-term debt	—	—	—	—	-52.4M YoY+45.9%
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	3.03B YoY+83.7%	1.65B	0.00 YoY-100.0%	1.24B	0.00 YoY-100.0%
Dividends paid	161M YoY+1.9%	158M YoY+35.0%	117M YoY+41.0%	83.0M YoY+99.5%	41.6M YoY+36.9%
Other financing activities	0.00 YoY+100.0%	-14.0M YoY-100.0%	-7.00M YoY+70.8%	-24.0M	0.00
Net change in cash	-13.0M YoY+86.2%	-94.0M YoY-124.1%	390M YoY+116.7%	180M YoY+850.0%	-24.0M YoY-60.0%
Interest paid	4.81B YoY-5.3%	5.08B YoY+37.8%	3.69B YoY+602.1%	525M YoY+746.8%	62.0M YoY-41.0%
Income taxes paid	315M YoY-58.7%	763M YoY+48.4%	514M YoY+193.3%	-551M YoY-163.3%	870M YoY+643.6%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	26.1B YoY-10.1%	29.0B YoY+40.7%	20.6B YoY+81.4%	11.4B YoY+39.4%	8.15B YoY+44.5%
P/E	11.8× YoY+13.1%	10.4× YoY+467.8%	1.8× YoY-84.4%	11.8× YoY-20.9%	14.9× YoY+30.0%
P/S	2.7× YoY-8.1%	3.0× YoY+153.2%	1.2× YoY-55.4%	2.6× YoY-38.8%	4.3× YoY+42.0%
P/B	1.2× YoY-10.2%	1.3× YoY+29.0%	1.0× YoY-12.5%	1.2× YoY-32.8%	1.7× YoY+29.0%
P/FCF	11.8× YoY+3.9%	11.3× YoY+39.7%	8.1× YoY+24.7%	6.5×	—
	8.5% YoY-11.6%	9.6% YoY-82.4%	54.4% YoY+540.9%	8.5% YoY+26.4%	6.7% YoY-23.1%
	8.5% YoY-3.8%	8.8% YoY-28.4%	12.3% YoY-19.8%	15.4%	—
	0.37% YoY+13.9%	0.33% YoY+18.6%	0.27% YoY-3.8%	0.28% YoY+25.7%	0.23% YoY-22.1%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: FCNCA's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all FCNCA filings on SEC EDGAR → Not investment advice.