First Citizens BancShares, Inc. (FCNCA)

From the record

First Citizens BancShares, Inc.'s filings since 2017 show 2 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2020-06-11); an auditor change (8-K item 4.01, the latest 2021-02-25) (its current reports).

From the record

First Citizens BancShares, Inc.'s 10 filed years say what it did: revenue went from $988 million in fiscal 2016 to $12 billion in fiscal 2025, up 31.7% a year; it rose in 7 of 9 years; the deepest fall was 5% from fiscal 2024 to fiscal 2025; net income was positive in 10 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, First Citizens BancShares, Inc.'s diluted share count shrank about 5.8% a year, and dividends and buybacks returned about 60% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 9 sales and 62 purchases of their own stock on the open market in the year to 2026-09-30, buying about $14 million (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, First Citizens BancShares, Inc. earned about 10 cents of profit for every dollar of shareholders' money. Leverage: it owed about 90 cents per dollar of assets, and net share issuance: its share count shrank 9.3% over the year (the filed statements).

From the record

First Citizens BancShares, Inc.'s standing among 155 graded names in its industry family: revenue of $12 billion in fiscal 2025 ranks in the top 2% by size; a net margin of 18.7% ranks in the bottom 39%; revenue growth of 51.1% a year over the last 3 filed years ranks in the top 1% (its annual reports).

From the record

First Citizens BancShares, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Holding, Frank B Jr (Chairman and CEO, as filed), filing under that title since 2008-05-08, 18.5 years (top 9% of its family); most of the 8 officers and directors filing now have filed since the record of its people begins (2022-01-03), a floor of 3.3 years the record cannot see past, so that part is not read; 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 8 people in charge now (bottom 5%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

First Citizens BancShares, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $801 million against debt of $36 billion leaves -15.2% of its assets as net cash, bottom 1% of its family; cash from operations less capital spending is 18.8% of revenue (bottom 28%) (its annual report).

From the record

First Citizens BancShares, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 51.1% a year over the last three filed years against 31.7% over all 10, speeding up (top 3% of its family); the newest year grew -4.7% (bottom 9%); capital spending grew 66.1% a year (top 6%) (its annual reports). First Citizens BancShares, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

First Citizens BancShares, Inc.'s newest year against its own record: revenue of $12 billion in fiscal 2025 came in 49.9% below the $23 billion its prior three years' pace pointed to (bottom 1% of its family); net income of $2.2 billion against a prior three-year average of $5.1 billion (bottom 5%); a net margin of 18.7% against 55% before (bottom 3%) (its annual reports).