First Citizens BancShares, Inc. (FCNCA)

The company now

First Citizens BancShares reported net income of $606 million for the third quarter of 2026, down from $672 million in the second quarter 2.

Loans and leases reached $157.19 billion, up $6.16 billion in the quarter 2. Deposits, the money customers keep at the bank, reached $185.26 billion, up $11.84 billion 2.

On 4 September 2026 the bank completed its purchase of 138 branches from BMO Bank 24. It took on about $4.9 billion in deposits and about $650 million in loans 2.

Management also repaid another $8.0 billion of the Purchase Money Note, the loan from the FDIC that came with the 2023 Silicon Valley Bridge Bank deal 23.

The company bought back $600 million of its own shares in the quarter 2.

On 23 October 2026 the board authorized further buybacks of up to $1.2 billion of Class A shares in 2027, with no minimum required 1.

Net interest margin, the gap between what the bank earns on loans and securities and what it pays for funds, was 3.07 percent, down 3 basis points from the second quarter 2.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.