First Citizens BancShares Financial Statements
NASDAQ: FCNCAFinanceMajor BanksUSD
Market open · Delayed 15 min · as of Oct 9, 2:05 PM ET
First Citizens BancShares revenue and earnings
In fiscal 2025, First Citizens BancShares generated $9.54 billion in revenue, down 2.2% from fiscal 2024, its first annual decline since 2024. Net income was $2.21 billion (-20.6% year over year), for a net margin of 23.1% versus a median of 28.5% in the prior 5 years. Diluted earnings per share came in at $165.24, down from $189.41.
Summary generated from market data by MetaCap's automated system. Methodology
First Citizens BancShares income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9.54B | 9.76B | 18.79B | 5.08B | 0 | 0 | 1.73B | 1.61B | 1.58B | 1.32B |
| Revenue growth (YoY) | -2.22% | -48.06% | +269.68% | — | — | -100.00% | +7.34% | +1.72% | +19.68% | -5.04% |
| Operating Expenses | 6.06B | 5.74B | 5.33B | 3.08B | 1.23B | 1.19B | 1.10B | 1.08B | 1.01B | 937.77M |
| Interest Expense | 4.96B | 5.21B | 3.68B | 467.00M | 61.00M | 96.00M | 92.64M | 36.86M | 43.79M | 43.08M |
| Pretax Income | 2.97B | 3.59B | 12.08B | 1.36B | 701.00M | 618.00M | 592.05M | 503.61M | 543.70M | 351.07M |
| Income Tax | 765.00M | 815.00M | 611.00M | 264.00M | 154.00M | 126.00M | 134.68M | 103.30M | 219.95M | 125.58M |
| Net Income | 2.21B | 2.78B | 11.47B | 1.10B | 547.00M | 492.00M | 457.37M | 400.31M | 323.75M | 225.48M |
| Net Income growth (YoY) | -20.56% | -75.78% | +944.26% | +100.73% | +11.18% | +7.57% | +14.25% | +23.65% | +43.58% | +7.18% |
| EPS (Basic) | 165.24 | 189.42 | 785.14 | 67.47 | 53.88 | 47.50 | 41.05 | 33.53 | 29.96 | 18.77 |
| EPS (Diluted) | 165.24 | 189.41 | 784.51 | 67.40 | 53.88 | 47.50 | — | — | — | — |
| Shares Outstanding (Basic) | 13.00M | 14.34M | 14.53M | 15.53M | 9.82M | 10.06M | 11.14M | 11.94M | 12.01M | 12.01M |
| Shares Outstanding (Diluted) | 13.00M | 14.34M | 14.54M | 15.55M | 9.82M | 10.06M | — | — | — | — |
| Net Margin | 23.12% | 28.46% | 61.03% | 21.61% | — | — | 26.48% | 24.88% | 20.47% | 17.06% |
This table shows 10 annual periods of First Citizens BancShares's income statement, from FY 2025 back to FY 2016, across 11 line items including revenue, operating expenses, interest expense. Values in USD; B = billions, M = millions. Fiscal periods follow FCNCA's reporting calendar. What is a income statement?