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Earnings Call Insights: First Citizens BancShares (FCNCA) Q2 2026 MANAGEMENT VIEW * "We delivered strong second quarter performance, characterized by sequential top line growth that exceeded our guidance and consensus estimates." (Chairman…
Earnings Call Insights: First Citizens BancShares (FCNCA) Q3 2025 MANAGEMENT VIEW * Chairman & CEO Frank Holding highlighted, "During the third quarter, our business segments continued to deliver strong performance... Key earnings metrics…
* First Citizens BancShares, Inc. 5.625 NONCM SR C (NASDAQ:FCNCO [https://seekingalpha.com/symbol/FCNCO]) declares $0.3516/share quarterly dividend [https://seekingalpha.com/pr/20276792-first-citizens-bancshares-declares-dividends], in lin…
Earnings Call Insights: First Citizens BancShares (FCNCA) Q2 2025 MANAGEMENT VIEW * Frank Brown Holding, Chairman and CEO, reported "net interest income growth, net charge-offs at their lowest level since the second quarter of 2024 and adj…
NEW YORK, March 2, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Maritime Finance group, part of the CIT division, provided financing to Purus Clean Energy, a subsidiary of Purus Marine, to support the acquisition of th…
RALEIGH, N.C., March 1, 2023 /PRNewswire/ -- On March 1, First Citizens Bank celebrates its 125th year of delivering long-term value and excellent service to clients and strong results to shareholders. First Citizens Bank, Forever First, 1…
RALEIGH, N.C., Feb. 23, 2023 /PRNewswire/ -- For the tenth consecutive year, North Carolina-headquartered First Citizens Bank continues to be recognized by Coalition Greenwich with several national and regional awards for small business an…
Change Enhances Clarity, Signifies Renewed Commitment to Service Excellence RALEIGH, N.C., Feb. 23, 2023 /PRNewswire/ -- First-Citizens Bank & Trust Company (First Citizens Bank) today announced that its vendor equipment financing business…
NEW YORK, Feb. 21, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Healthcare Finance group, part of the CIT division, provided $50.3 million in financing to Montecito Medical Real Estate to recapitalize a portfolio of me…
LOS ANGELES, Feb. 15, 2023 /PRNewswire/ -- CIT Commercial Services, a wholly-owned subsidiary of First Citizens Bank, today announced that it has closed a non-recourse factoring arrangement and $8 million senior secured facility for a Los…
RALEIGH, N.C., Feb. 13, 2023 /PRNewswire/ -- Mike Atkinson, senior director of community development at First Citizens, has been named steering committee chair for the North Carolina Bankers Association (NCBA) Future Bank Leaders program.…
NEW YORK, Feb. 8, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Healthcare Finance group, part of the CIT division, provided $31.2 million to Montecito Medical Real Estate to finance the acquisition of a cancer treatmen…
RALEIGH, N.C., Feb. 7, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Middle Market Banking business is launching a business-focused webinar series to provide a range of expert insight to owners, executives, service prov…
NEW YORK, Feb. 2, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Real Estate Finance group, part of the CIT division, served as lead arranger on $65.7 million in financing to MainStreet Property Group for the development…
NEW YORK, Jan. 31, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Healthcare Finance group, part of the CIT division, has provided $52.4 million to affiliates of Kayne Anderson Real Estate and Remedy Medical Properties t…
RALEIGH, N.C., Jan. 26, 2023 /PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (NASDAQ: FCNCA) reported earnings for the fourth quarter and year-to-date period ended December 31, 2022. First Citizens BancShares (PRNewsfoto/CIT…
RALEIGH, N.C., Jan. 26, 2023 /PRNewswire/ -- The Board of Directors of First Citizens BancShares, Inc. ("BancShares") (NASDAQ: FCNCA) declared on Jan 24, 2023, dividends on the company's Class A and Class B common stock, as well as Series…
NEW YORK, Jan. 18, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Maritime Finance group, part of the CIT division, served as sole lead arranger on $44.2 million in debt financing for Navios Maritime Partners L.P. ("Navi…
RALEIGH, N.C., Jan. 6, 2023 /PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (NASDAQ: FCNCA) today announced that it will report its financial results for the fourth quarter and year ended Dec. 31, 2022, before the U.S. finan…
NEW YORK, Dec. 14, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Healthcare Finance business provided $27.8 million to a joint venture between Kayne Anderson Real Estate and Remedy Medical Properties…
First Citizens Bank RALEIGH, N.C., Dec. 13, 2022 (GLOBE NEWSWIRE) -- North Carolina-headquartered First Citizens Bank has been named by Foundry's Computerworld as one of its 2023 Best Places to Work in IT. “Appearing on this much-watched a…
NEW YORK, Dec. 7, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Power and Energy business served as co-coordinating lead arranger on an $85 million construction-to-term debt financing for NineDot Ene…
NEW YORK, Dec. 6, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Asset-Based Lending business has provided a $35 million revolving credit facility to Utopia Deals. (PRNewsfoto/CIT, a division of First…
NEW YORK, Dec. 5, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as agent on a $27.78 million credit facility for Applied Optoelectro…
NEW YORK, Dec. 1, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Healthcare Finance business served as lead arranger of $135.6 million in financing for Superior Biologics Inc. (PRNewsfoto/CIT, a divis…
First Citizens Bank First Citizens Bank 2022 Holiday Campaign Celebrates Teen Cancer America's 10th Anniversary To honor Teen Cancer America’s 10th anniversary of helping teens and young adults with cancer, First Citizens Bank is encouragi…
NEW YORK, Nov. 21, 2022 /PRNewswire/ -- Quinlan Development Group ("QDG"), a multi-generational real estate investment company with a track record of developing over 3.5 million square feet of real estate and over one billion dollars of as…
NEW YORK, Nov. 17, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Power and Energy business served as lead arranger on $419 million in financing for acquisition of the Broad River power generation fac…
NEW YORK, Nov. 16, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Real Estate Finance business provided $34 million in financing to a joint venture between i.Park and Great Point Media for the develop…
First Citizens Bank RALEIGH, N.C., Nov. 14, 2022 (GLOBE NEWSWIRE) -- First Citizens Bank announced that its CIT Bank division has completed conversion of its branches to First Citizens’ operations and systems. This conversion integrates CI…
NEW YORK, Nov. 3, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Power and Energy business served as coordinating lead arranger of construction financing for a major new solar energy project in Texas.…
First Citizens Bank has tapped a local finance powerhouse for its board – a move that not only adds executive experience but also diversity, particularly relevant as banks are under pressure to take serious stock of their own diversity, eq…
North Carolina bankers are questioning the Biden administration's move to double down on targeting so-called junk fees. Continue reading
Raleigh has been named one of the top 10 best cities in the U.S. to draw foreign investment. But it's behind Charlotte. Continue reading
First Citizens BancShares, Inc. Eugene Flood Jr. has been appointed to the Board of Directors of First Citizens BancShares and its First-Citizens Bank & Trust Company subsidiary, effective Jan. 1, 2023. Eugene Flood Jr. has been appointed…
First Citizens BancShares (FCNCA) came out with quarterly earnings of $20.77 per share, beating the Zacks Consensus Estimate of $19.88 per share. This compares to earnings of $12.17 per share a year ago. These figures are adjusted for non-…