FCNC
First Citizens BancShares Inc
NASDAQ: FCNCA · FINANCIAL SERVICES · BANKS - REGIONAL
$1,972.41
-0.55% today
Updated 2026-04-29
Market cap
$22.92B
P/E ratio
11.37
P/S ratio
2.51x
EPS (TTM)
$173.48
Dividend yield
0.41%
52W range
$1,620 – $2,230
Volume
0.1M
First Citizens BancShares Inc (FCNCA) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.10B | $1.20B | $1.13B | $1.04B | $1.24B | $1.33B | $1.20B | $1.06B | $1.05B | $1.31B | $1.34B | $1.45B | $1.59B | $1.79B | $1.92B | $1.90B | $5.10B | $12.64B | $14.94B | $14.50B |
| Revenue growth (YoY) | — | +8.9% | -6.1% | -8.0% | +19.5% | +7.2% | -9.9% | -11.1% | -1.7% | +24.8% | +2.6% | +8.4% | +9.4% | +12.6% | +7.0% | -0.9% | +168.4% | +148.0% | +18.2% | -3.0% |
| Cost of revenue | $374.66M | $457.31M | $380.87M | $307.01M | $338.64M | $376.47M | $233.03M | $24.36M | $50.99M | $64.97M | $76.02M | $69.49M | $65.33M | $124.08M | $154.00M | $24.00M | $1.11B | $5.05B | $5.64B | $5.59B |
| Gross profit | $727.02M | $742.22M | $745.96M | $730.17M | $900.94M | $952.64M | $964.06M | $1.04B | $994.88M | $1.24B | $1.26B | $1.38B | $1.52B | $1.67B | $1.76B | $1.88B | $3.98B | $7.58B | $9.30B | $8.91B |
| Gross margin | 66.0% | 61.9% | 66.2% | 70.4% | 72.7% | 71.7% | 80.5% | 97.7% | 95.1% | 95.0% | 94.3% | 95.2% | 95.9% | 93.1% | 92.0% | 98.7% | 78.2% | 60.0% | 62.2% | 61.4% |
| R&D | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $278.92M | $296.60M | $323.27M | $438.36M | $385.80M | $397.07M | $396.55M | $409.59M | $442.16M | $561.39M | $559.05M | $630.95M | $675.25M | $691.67M | $735.00M | $773.00M | $1.63B | $3.02B | $3.44B | $4.11B |
| Operating income | $195.95M | $167.55M | $139.60M | $183.10M | $303.56M | $310.13M | $197.12M | $268.44M | $203.59M | $332.41M | $351.07M | $543.70M | $503.61M | $592.05M | $618.00M | $701.00M | $1.36B | $12.08B | $3.59B | $2.97B |
| Operating margin | 17.8% | 14.0% | 12.4% | 17.7% | 24.5% | 23.3% | 16.5% | 25.2% | 19.5% | 25.5% | 26.2% | 37.4% | 31.7% | 33.1% | 32.3% | 36.9% | 26.7% | 95.6% | 24.0% | 20.5% |
| EBITDA | $246.55M | $217.34M | $195.60M | $242.76M | $366.32M | $375.30M | $269.54M | $341.59M | $286.03M | $443.02M | $461.65M | $657.34M | $624.04M | $719.74M | $751.00M | $844.00M | $1.90B | $12.02B | $3.72B | $3.40B |
| EBITDA margin | 22.4% | 18.1% | 17.4% | 23.4% | 29.6% | 28.2% | 22.5% | 32.1% | 27.3% | 33.9% | 34.5% | 45.2% | 39.3% | 40.2% | 39.2% | 44.4% | 37.2% | 95.1% | 24.9% | 23.4% |
| EBIT | $195.95M | $167.55M | $139.60M | $183.10M | $303.56M | $310.13M | $197.12M | $268.44M | $203.59M | $332.41M | $351.07M | $543.70M | $503.61M | $592.05M | $618.00M | $701.00M | $1.36B | $12.08B | $3.59B | $2.97B |
| Interest expense | $353.74M | $423.71M | $314.94M | $227.64M | $195.13M | $144.19M | $90.15M | $56.62M | $50.35M | $44.30M | $43.08M | $43.79M | $36.86M | $92.64M | $96.00M | $61.00M | $467.00M | $3.68B | $5.21B | $4.96B |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $126.49M | $108.62M | $91.06M | $116.33M | $193.04M | $195.03M | $132.40M | $166.87M | $138.56M | $210.39M | $225.48M | $323.75M | $400.31M | $457.37M | $492.00M | $547.00M | $1.10B | $11.47B | $2.78B | $2.21B |
| Net income growth (YoY) | — | -14.1% | -16.2% | +27.8% | +65.9% | +1.0% | -32.1% | +26.0% | -17.0% | +51.8% | +7.2% | +43.6% | +23.6% | +14.3% | +7.6% | +11.2% | +100.7% | +944.3% | -75.8% | -20.6% |
| Profit margin | 11.5% | 9.1% | 8.1% | 11.2% | 15.6% | 14.7% | 11.1% | 15.7% | 13.2% | 16.1% | 16.8% | 22.3% | 25.2% | 25.5% | 25.7% | 28.8% | 21.5% | 90.7% | 18.6% | 15.2% |