For Q1 FY2026 ended March 31, 2026, First Citizens BancShares reported revenue of $2.313 billion, up 65.3% year-over-year. Net income was $534 million, a 10.6% increase, with diluted EPS of $42.63, up 23.7%. Total equity stood at $22.048 billion, while long-term debt was $33.792 billion.
•Revenue grew 65.3% YoY to $2.313 billion.
•Net income rose 10.6% to $534 million.
•Diluted EPS increased 23.7% to $42.63.
•Equity was $22.048 billion; long-term debt was $33.792 billion.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
First Citizens BancShares is the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals in the United States and globally.
Its business is organized into the General Bank, Commercial Bank, and Rail segments. The General Bank segment offers deposit products, including checking, savings, money market, and time deposit accounts.
Its portfolio also includes conforming and jumbo residential mortgage, and business and commercial loans, brokerage, investment advisory, private stock loans, other secured and unsecured lending products, and vineyard development loans, planning-based financial strategies, family office, financial planning, tax planning, and trust services, and payment and treasury services.
This segment also includes a community association bank business that supports deposit, cash management, and lending to homeowner associations and property management companies. Its Commercial Bank segment provides a range of leasing, capital markets, asset management, and financial and advisory services.
Its portfolio also includes factoring, receivable management, supply chain financing, and secured financing services, and commercial deposit products and services through online and mobile banking platforms
Physical locations. The Rail segment offers customized leasing and financing solutions on a fleet of railcars and locomotives to railroads and shippers. Its railcar types include covered hopper cars used to ship grain and agricultural products, plastic pellets, sand, and cement.
Its portfolio also includes tank cars for energy products and chemicals, gondolas for coal, steel coil and mill service products, open-top hopper cars for coal and aggregates, boxcars for paper and auto parts, and centerbeams and flat cars for lumber. Founded in 1898, First Citizens BancShares is headquartered in Raleigh, North Carolina.
First Citizens BancShares, Inc. (FCNCB) is the holding company for First-Citizens Bank & Trust Company, providing retail and commercial banking services to individuals, businesses, and professionals in the United States and globally. Its business is organized into three segments: General Bank, Commercial Bank, and Rail. The General Bank segment offers deposit products such as checking, savings, money market, and time deposit accounts, along with residential mortgage loans, business and commercial loans, brokerage and investment advisory services, private stock loans, vineyard development loans, planning-based financial strategies, family office services, financial planning, tax planning, trust services, and payment and treasury services. It also includes a community association bank business supporting homeowner associations and property management companies. The Commercial Bank segment provides leasing, capital markets, asset management, and financial advisory services, as well as factoring, receivable management, supply chain financing, and secured financing. The Rail segment offers customized leasing and financing solutions on a fleet of railcars and locomotives to railroads and shippers, covering railcar types such as covered hopper cars used to ship grain, agricultural products, plastic pellets, and sand.
Where is First Citizens BancShares (FCNCB) listed and what currency does it trade in?
First Citizens BancShares, Inc. (FCNCB) is listed on the OTC Markets under the OTCPK exchange. Its trading currency is the US Dollar (USD). As an over-the-counter stock, it is not listed on major exchanges like the NYSE or NASDAQ, but it is still actively traded through the OTC Markets platform.
What sector and industry does First Citizens BancShares (FCNCB) belong to?
First Citizens BancShares, Inc. (FCNCB) operates in the Financial Services sector, specifically within the Banks - Regional industry. This means it is a regional bank holding company that focuses on providing banking and financial services primarily within specific regions of the United States, as opposed to a global or national money center bank. Its services include retail and commercial banking, as well as specialized offerings like railcar leasing.
Where is First Citizens BancShares (FCNCB) headquartered and what markets does it serve?
First Citizens BancShares, Inc. is headquartered in the United States and serves customers both domestically and globally. While the exact city is not specified in the data, its primary operations are through First-Citizens Bank & Trust Company, which provides retail and commercial banking services to individuals, businesses, and professionals across the United States and internationally. The company's Rail segment also serves railroads and shippers globally with customized leasing and financing solutions for railcars and locomotives.
How does First Citizens BancShares (FCNCB) make money through its business segments?
First Citizens BancShares generates revenue through three main segments. The General Bank segment earns income from deposit products (checking, savings, money market, time deposits), lending activities (residential mortgages, business loans, private stock loans, vineyard development loans), and fee-based services like brokerage, investment advisory, family office, financial planning, tax planning, trust services, and payment/treasury services. It also serves homeowner associations and property management companies. The Commercial Bank segment generates revenue through leasing, capital markets, asset management, financial advisory, factoring, receivable management, supply chain financing, and secured financing services, along with commercial deposit products. The Rail segment earns money by offering customized leasing and financing solutions on a fleet of railcars and locomotives to railroads and shippers, covering various railcar types such as covered hopper cars for grain, agricultural products, plastic pellets, and sand.