First Financial Statements From 2010 to 2026

FCNCA Stock  USD 2,175  2.53  0.12%   
First Citizens' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing First Citizens' valuation are provided below:
Gross Profit
8.9 B
Profit Margin
0.2614
Market Capitalization
27.9 B
Enterprise Value Revenue
6.9678
Revenue
8.9 B
We have found one hundred twenty available fundamental signals for First Citizens BancShares, which can be analyzed and compared to other ratios and to its rivals. All investors should make sure to verify all of First Citizens BancShares prevailing market performance against the performance between 2010 and 2026 to make sure the company can sustain itself down the road. As of January 11, 2026, Market Cap is expected to decline to about 1.6 B

First Citizens Total Revenue

18.04 Billion

Check First Citizens financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Citizens' main balance sheet or income statement drivers, such as Depreciation And Amortization of 84.7 M, Interest Expense of 6.3 B or Selling General Administrative of 4.1 B, as well as many indicators such as Price To Sales Ratio of 1.43, Dividend Yield of 0.0094 or PTB Ratio of 0.98. First financial statements analysis is a perfect complement when working with First Citizens Valuation or Volatility modules.
  
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Check out the analysis of First Citizens Correlation against competitors.

First Citizens Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets270.1 B257.3 B85.6 B
Slightly volatile
Short and Long Term Debt Total45.2 B43 B11 B
Slightly volatile
Other Current Liabilities187.4 B178.5 B55.9 B
Slightly volatile
Total Current Liabilities188 B179.1 B55 B
Slightly volatile
Total Stockholder Equity26.8 B25.6 B8.2 B
Slightly volatile
Property Plant And Equipment Net14.1 B13.4 B4.3 B
Slightly volatile
Retained Earnings23.4 B22.3 B6.9 B
Slightly volatile
Cash26.8 B25.5 B7.1 B
Slightly volatile
Non Current Assets Total198.2 B188.8 B55.1 B
Slightly volatile
Other Assets261.7 B249.2 B72 B
Slightly volatile
Cash And Short Term Investments67.7 B64.5 B19.4 B
Slightly volatile
Common Stock Shares Outstanding12 M16.5 M11.9 M
Slightly volatile
Short Term Investments40.9 B39 B12.8 B
Slightly volatile
Liabilities And Stockholders Equity270.1 B257.3 B85.6 B
Slightly volatile
Non Current Liabilities Total55.3 B52.6 B18 B
Slightly volatile
Other Stockholder Equity2.9 B2.8 B1.3 B
Slightly volatile
Total Liabilities243.3 B231.7 B69.6 B
Slightly volatile
Property Plant And Equipment Gross16 B15.3 B4.8 B
Slightly volatile
Total Current Assets71.9 B68.5 B21 B
Slightly volatile
Short Term Debt681 M422.1 M683.9 M
Pretty Stable
Common Stock12.2 M16.1 M11.9 M
Slightly volatile
Common Stock Total Equity11.9 M17.2 M12 M
Slightly volatile
Other Liabilities1.7 B1.6 B772.1 M
Slightly volatile
Accounts Payable146.4 M154.1 M19.7 B
Slightly volatile
Long Term Debt44.3 B42.2 B10.2 B
Slightly volatile
Property Plant Equipment9.8 B9.4 B3.3 B
Slightly volatile
Good Will205.7 M397.9 M230.3 M
Slightly volatile
Other Current Assets43.7 B41.6 B17.1 B
Slightly volatile
Intangible Assets333.3 M317.4 M119.7 M
Slightly volatile
Net Receivables4.2 BB1.1 B
Slightly volatile
Net Tangible Assets10 B9.5 B4.5 B
Slightly volatile
Retained Earnings Total Equity3.2 B6.2 B3.4 B
Slightly volatile
Long Term Debt TotalB7.6 B2.5 B
Slightly volatile
Capital SurpluseB4.7 BB
Slightly volatile
Long Term Investments56.4 B53.7 B27 B
Slightly volatile
Non Current Liabilities Other4.3 B4.1 B1.5 B
Slightly volatile
Earning Assets6.8 B7.5 B8.4 B
Slightly volatile
Capital Lease Obligations449.2 M427.8 M102.3 M
Slightly volatile
Net Invested Capital70.1 B66.7 B18.9 B
Slightly volatile
Capital Stock535.7 MB298 M
Slightly volatile

First Citizens Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Expense6.3 BB1.3 B
Slightly volatile
Selling General Administrative4.1 BB1.3 B
Slightly volatile
Total Revenue18 B17.2 BB
Slightly volatile
Gross Profit11.2 B10.7 B3.4 B
Slightly volatile
Other Operating Expenses13.7 B13.1 B3.2 B
Slightly volatile
Operating Income4.3 B4.1 B1.8 B
Slightly volatile
EBIT4.3 B4.1 B1.8 B
Slightly volatile
EBITDA4.5 B4.3 B1.9 B
Slightly volatile
Cost Of Revenue6.8 B6.5 B1.6 B
Slightly volatile
Income Before Tax4.3 B4.1 B1.8 B
Slightly volatile
Net Income3.4 B3.2 B1.5 B
Slightly volatile
Income Tax Expense984.1 M937.2 M291.6 M
Slightly volatile
Net Income Applicable To Common Shares1.3 B1.2 B527.8 M
Slightly volatile
Selling And Marketing Expenses91.8 M87.4 M31 M
Slightly volatile
Net Income From Continuing Ops3.4 B3.2 B1.5 B
Slightly volatile
Non Recurring8.3 M8.1 M10.2 M
Slightly volatile
Tax Provision984.1 M937.2 M302.6 M
Slightly volatile
Net Interest Income8.6 B8.2 B2.7 B
Slightly volatile
Interest Income14.9 B14.2 B3.9 B
Slightly volatile
Reconciled Depreciation195.3 M149.5 M150.6 M
Slightly volatile
Non Operating Income Net Other21.2 M23.9 M26.1 M
Slightly volatile
Preferred Stock And Other Adjustments30.3 M57.5 M24.2 M
Slightly volatile

First Citizens Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow607.3 MB531 M
Slightly volatile
Net Income3.4 B3.2 B1.5 B
Slightly volatile
End Period Cash Flow487.1 M732.6 M547.8 M
Very volatile
Change To Inventory3.5 M3.7 M22.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.431.832.308
Pretty Stable
Dividend Yield0.00940.0060.0064
Slightly volatile
PTB Ratio0.981.231.194
Slightly volatile
Days Sales Outstanding56.576.7462.0605
Slightly volatile
Book Value Per Share1.5 K1.4 K567
Slightly volatile
Stock Based Compensation To Revenue4.0E-45.0E-40.0029
Slightly volatile
PB Ratio0.981.231.194
Slightly volatile
EV To Sales1.562.742.5425
Pretty Stable
ROIC0.04590.03660.0624
Pretty Stable
Net Income Per Share183174101
Slightly volatile
Payables Turnover26.2637.8923.3383
Slightly volatile
Sales General And Administrative To Revenue0.240.210.3387
Slightly volatile
Capex To Revenue0.06940.09250.08
Slightly volatile
Cash Per Share3.7 K3.5 K1.5 K
Slightly volatile
Interest Coverage0.590.625.1455
Very volatile
Payout Ratio0.110.06540.0693
Slightly volatile
Days Payables Outstanding9.479.9789.2185
Slightly volatile
ROE0.0880.110.1244
Slightly volatile
PE Ratio10.029.8211.905
Pretty Stable
Return On Tangible Assets0.00750.01120.0114
Slightly volatile
Earnings Yield0.07820.08250.111
Pretty Stable
Intangibles To Total Assets0.0030.00320.0061
Slightly volatile
Current Ratio0.360.340.3042
Slightly volatile
Tangible Book Value Per Share1.4 K1.4 K540
Slightly volatile
Receivables Turnover4.684.9212.4051
Slightly volatile
Graham Number2.5 K2.3 K1.1 K
Slightly volatile
Shareholders Equity Per Share1.5 K1.4 K567
Slightly volatile
Debt To Equity2.031.940.829
Slightly volatile
Capex Per Share10196.3333.2101
Slightly volatile
Revenue Per Share984938334
Slightly volatile
Interest Debt Per Share2.8 K2.7 K783
Slightly volatile
Debt To Assets0.160.150.072
Slightly volatile
Enterprise Value Over EBITDA5.5911.017.5672
Very volatile
Price Earnings Ratio10.029.8211.905
Pretty Stable
Operating Cycle56.576.7462.0605
Slightly volatile
Price Book Value Ratio0.981.231.194
Slightly volatile
Days Of Payables Outstanding9.479.9789.2185
Slightly volatile
Dividend Payout Ratio0.110.06540.0693
Slightly volatile
Pretax Profit Margin0.180.220.2964
Slightly volatile
Operating Profit Margin0.180.220.2964
Slightly volatile
Effective Tax Rate0.350.260.2818
Slightly volatile
Company Equity Multiplier13.8911.5711.6177
Pretty Stable
Long Term Debt To Capitalization0.590.560.2934
Slightly volatile
Total Debt To Capitalization0.470.720.3986
Slightly volatile
Return On Capital Employed0.120.06080.0994
Very volatile
Debt Equity Ratio2.031.940.829
Slightly volatile
Ebit Per Revenue0.180.220.2964
Slightly volatile
Quick Ratio0.360.340.3042
Slightly volatile
Net Income Per E B T0.540.70.7093
Slightly volatile
Cash Ratio0.130.14240.0685
Slightly volatile
Cash Conversion Cycle48.5568.9351.784
Slightly volatile
Days Of Sales Outstanding56.576.7462.0605
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.420.440.6414
Very volatile
Price To Book Ratio0.981.231.194
Slightly volatile
Fixed Asset Turnover1.891.481.3856
Pretty Stable
Enterprise Value Multiple5.5911.017.5672
Very volatile
Debt Ratio0.160.150.072
Slightly volatile
Price Sales Ratio1.431.832.308
Pretty Stable
Return On Assets0.00740.01120.0114
Slightly volatile
Asset Turnover0.06930.07680.0527
Very volatile
Net Profit Margin0.130.170.2251
Slightly volatile
Gross Profit Margin0.580.560.8069
Slightly volatile
Price Fair Value0.981.231.194
Slightly volatile
Return On Equity0.0880.110.1244
Slightly volatile

First Citizens Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.6 B1.9 B2.1 B
Slightly volatile

First Fundamental Market Drivers

Forward Price Earnings11.8064
Cash And Short Term Investments56.1 B

First Upcoming Events

26th of January 2024
Upcoming Quarterly Report
View
8th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
26th of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About First Citizens Financial Statements

First Citizens stakeholders use historical fundamental indicators, such as First Citizens' revenue or net income, to determine how well the company is positioned to perform in the future. Although First Citizens investors may analyze each financial statement separately, they are all interrelated. For example, changes in First Citizens' assets and liabilities are reflected in the revenues and expenses on First Citizens' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in First Citizens BancShares. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-895.5 M-940.3 M
Total Revenue17.2 B18 B
Cost Of Revenue6.5 B6.8 B
Sales General And Administrative To Revenue 0.21  0.24 
Capex To Revenue 0.09  0.07 
Revenue Per Share 937.53  984.40 
Ebit Per Revenue 0.22  0.18 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether First Citizens BancShares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Citizens' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Citizens Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Citizens Bancshares Stock:
Check out the analysis of First Citizens Correlation against competitors.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Citizens. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Citizens listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.01)
Dividend Share
7.8
Earnings Share
168.79
Revenue Per Share
664.219
Quarterly Revenue Growth
(0.04)
The market value of First Citizens BancShares is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Citizens' value that differs from its market value or its book value, called intrinsic value, which is First Citizens' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Citizens' market value can be influenced by many factors that don't directly affect First Citizens' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Citizens' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Citizens is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Citizens' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.