FIRST CITIZENS BANCSHARES INC DE [FCNCB]
As of Feb 23, 2024 | Source: Annual Report to the SEC
Company Overview
First Citizens Bancshares Inc. provides financial services for a wide range of consumer and commercial clients. This includes retail and mortgage banking, wealth management, small and middle market banking, factoring and leasing.
| Country | United States |
| Headquarters | Raleigh, North Carolina |
| Phone Number | 919 716 7000 |
| Industry | Depository Institutions |
| Employees | 16,021 |
| CEO | Frank B. Holding, Jr. |
| Website | firstcitizens.com |
Recent Stories
FIRST CITIZENS, CIT receive FDIC approval of proposed mergers
First Citizens BancShares Inc. [FCNCB] the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc. [CIT] (“CIT”), the parent company of CIT Bank, N.A., jointly announced that the pro...
Financial Overview
| Revenue | 10,391 M |
| Operating Revenue | 6,712 M |
| Profits | 11,466 M |
| Net Cash | 390 M |
Management Effectiveness
| Return on Equity | 53.94% |
| Return on Assets | 5.36% |
| Turnover Ratio | 0.06 M |
| EBIT | 6,712 M |
Profit Ratios
| Operating Margin | 64.59% |
| Profit as % of Assets | 7.1% |
| Profit as % of Stockholder Equity | 53.94% |
Balance Sheet and Cash Flow Measures
| Total Assets | 213,758 M |
| Total Liabilities | 192,503 M |
| Operating Cash Flow | 2,660 M |
| Investing Cash Flow | 2,429 M |
| Financing Cash Flow | -4,699 M |