First Citizens Bancshares Inc /De/ - Understand $fcnca stock

$FCNCA Market Cap: $30.4 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$9.352B

TTM

Gross Margin

Net Earnings

$2.046B

TTM

Current Assets

Current Liabilities

Current Ratio

Total Assets

$223.7B

Q4 2024

Total Liabilities

$201.5B

Q4 2024

Book Value

$22.23B

Q4 2024

Cash

$814.0M

Q4 2024

P/E

14.86

Nov 29, 2024 EST

Free Cash Flow

$966.0M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985
Revenue	$9.758B	$10.39B	$3.413B	$1.451B	$1.484B	$1.404B	$1.246B	$1.104B	$987.8M	$969.2M	$760.4M	$796.8M	$1.005B	$1.015B	$969.4M	$738.2M
YoY Change	-6.09%	204.45%	135.22%	-2.22%	5.7%	12.7%	12.87%	11.74%	1.91%	27.45%	-4.56%	-20.7%	-1.02%	4.72%	31.32%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue	$9.758B	$10.39B	$3.413B	$1.451B	$1.484B	$1.404B	$1.246B	$1.104B	$987.8M	$969.2M	$760.4M	$796.8M	$1.005B	$1.015B	$969.4M	$738.2M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$276.0M	$225.0M	$142.0M	$132.2M	$141.4M	$127.7M	$120.4M	$113.6M	$110.6M	$110.6M	$82.50M	$73.10M	$72.40M	$65.20M	$62.80M	$59.60M	$55.90M	$53.90M	$50.60M	$47.60M	$46.20M	$44.20M	$40.40M	$45.90M	$41.60M	$43.00M	$38.60M	$28.30M	$25.10M	$22.80M	$19.90M	$16.30M	$16.00M	$15.30M	$11.60M	$12.40M	$13.30M	$13.90M	$0.00	$0.00
YoY Change	22.67%	58.45%	7.41%	-6.51%	10.73%	6.06%	5.99%	2.71%	0.0%	34.06%	12.86%	0.97%	11.04%	3.82%	5.37%	6.62%	3.71%	6.52%	6.3%	3.03%	4.52%	9.41%	-11.98%	10.34%	-3.26%	11.4%	36.4%	12.75%	10.09%	14.57%	22.09%	1.88%	4.58%	31.9%	-6.45%	-6.77%	-4.32%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Interest Expense	$3.679B	$467.0M	$60.68M	$95.86M	$92.64M	$36.86M	$43.79M	$43.08M	$44.30M	$50.35M	$56.62M	$90.15M	$144.2M	$195.1M	$227.6M
YoY Change	687.79%	669.66%	-36.7%	3.47%	151.36%	-15.84%	1.65%	-2.76%	-12.01%	-11.07%	-37.19%	-37.48%	-26.1%	-14.29%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985
Pretax Income	$3.592B	$12.08B	$1.362B	$701.7M	$617.9M	$592.0M	$503.6M	$543.7M	$351.1M	$332.4M	$203.6M	$268.4M	$197.1M	$310.1M	$303.6M	$183.1M	$139.6M	$167.6M	$195.9M	$178.7M	$124.2M	$116.6M	$143.5M	$137.7M	$157.3M	$130.4M	$110.7M	$110.1M	$101.7M	$87.30M	$77.80M	$84.20M	$77.40M	$43.20M	$42.20M	$40.30M	$31.30M	$38.70M	$37.20M	$39.20M
YoY Change	-70.26%	786.71%	94.11%	13.56%	4.36%	17.56%	-7.37%	54.87%	5.61%	63.27%	-24.16%	36.18%	-36.44%	2.16%	65.79%	31.16%	-16.71%	-14.45%	9.63%	43.88%	6.52%	-18.75%	4.21%	-12.46%	20.63%	17.8%	0.54%	8.26%	16.49%	12.21%	-7.6%	8.79%	79.17%	2.37%	4.71%	28.75%	-19.12%	4.03%	-5.1%	14.62%
Income Tax	$815.0M	$611.0M	$264.0M	$154.2M	$126.2M	$134.7M	$103.3M	$219.9M	$125.6M	$122.0M	$65.03M	$101.6M	$64.73M	$115.1M	$110.5M	$66.77M	$48.50M	$58.90M	$69.50M	$65.80M	$49.40M	$41.40M	$50.80M	$50.80M	$58.90M	$48.60M	$39.70M	$39.50M	$36.20M	$30.40M	$26.90M	$28.60M	$25.70M	$14.00M	$13.80M	$13.20M	$10.10M	$13.50M	$13.90M	$14.10M
% Of Pretax Income	22.69%	5.06%	19.38%	21.98%	20.42%	22.75%	20.51%	40.45%	35.77%	36.71%	31.94%	37.84%	32.84%	37.11%	36.41%	36.47%	34.74%	35.14%	35.48%	36.82%	39.77%	35.51%	35.4%	36.89%	37.44%	37.27%	35.86%	35.88%	35.59%	34.82%	34.58%	33.97%	33.2%	32.41%	32.7%	32.75%	32.27%	34.88%	37.37%	35.97%
Net Earnings	$2.777B	$11.47B	$1.048B	$547.5M	$491.7M	$457.4M	$400.3M	$323.8M	$225.5M	$210.4M	$138.6M	$166.9M	$132.4M	$195.0M	$193.0M	$116.3M	$91.10M	$108.6M	$126.5M	$112.9M	$74.80M	$75.20M	$92.80M	$86.90M	$98.30M	$81.80M	$71.00M	$70.60M	$65.50M	$56.90M	$51.00M	$55.60M	$51.80M	$29.20M	$28.40M	$27.10M	$21.20M	$25.10M	$23.30M	$25.10M
YoY Change	-75.78%	994.08%	91.43%	11.33%	7.51%	14.25%	23.65%	43.58%	7.18%	51.84%	-16.96%	26.04%	-32.11%	1.03%	65.94%	27.7%	-16.11%	-14.15%	12.05%	50.94%	-0.53%	-18.97%	6.79%	-11.6%	20.17%	15.21%	0.57%	7.79%	15.11%	11.57%	-8.27%	7.34%	77.4%	2.82%	4.8%	27.83%	-15.54%	7.73%	-7.17%	10.57%
Net Earnings / Revenue	28.46%	110.35%	30.71%	37.73%	33.13%	32.58%	32.13%	29.33%	22.83%	21.71%	18.22%	20.94%	13.18%	19.21%	19.91%	15.76%
Basic Earnings Per Share	$189.40	$785.10	$67.47	$53.88	$47.50	$41.05	$33.53	$29.96	$18.77	$17.52	$13.56	$17.35	$12.92	$18.80
Diluted Earnings Per Share	$189.40	$784.50	$67.40M	$55.87M	$48.68M	$41.21M	$33.64M	$26.98M	$18.79M	$17.53M	$13.59M	$17.39M	$12.98M	$18.68M	$18.46M	$11.18M	$8.760M	$10.44M	$12.16M	$10.86M	$7.192M	$7.162M	$8.838M	$8.276M	$9.274M	$7.717M	$6.698M	$6.248M	$5.796M	$5.368M	$5.152M	$5.732M	$5.453M	$3.106M	$3.054M	$2.853M	$2.186M	$2.561M	$2.427M	$2.615M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$10.98B	$9.612B	$1.297B	$1.319B	$1.322B	$1.204B	$1.138B	$1.133B	$1.136B	$1.125B	$877.0M	$883.0M	$854.0M	$843.0M	$837.0M	$799.0M	$758.0M	$703.0M	$639.0M	$568.0M	$540.0M	$507.0M	$483.0M	$445.0M	$397.0M	$367.0M	$304.0M	$229.0M	$208.0M	$189.0M	$185.0M	$156.0M	$163.0M	$145.0M	$130.0M	$119.0M
YoY Change	14.2%	641.09%	-1.67%	-0.23%	9.8%	5.8%	0.44%	-0.26%	0.98%	28.28%	-0.68%	3.4%	1.3%	0.72%	4.76%	5.41%	7.82%	10.02%	12.5%	5.19%	6.51%	4.97%	8.54%	12.09%	8.17%	20.72%	32.75%	10.1%	10.05%	2.16%	18.59%	-4.29%	12.41%	11.54%	9.24%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
Total Assets	$213.8B	$109.3B	$58.31B	$49.96B	$39.82B	$35.41B	$34.53B	$32.99B	$31.48B	$30.08B	$21.19B	$21.28B	$21.00B	$20.81B	$18.47B	$16.75B	$16.21B	$15.73B	$14.64B	$13.27B	$12.56B	$12.23B	$11.87B	$10.69B	$9.717B	$9.606B	$8.951B	$8.056B	$7.384B	$6.333B	$6.101B	$5.414B	$5.466B	$4.825B	$3.694B	$3.410B
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$396.0M	$352.0M	$64.00M	$68.00M	$77.00M
YoY Change	12.5%	450.0%	-5.88%	-11.69%
Deferred Revenue
YoY Change
Short-Term Debt	$1.574B	$2.186B	$589.0M	$641.0M	$443.0M	$544.0M	$589.0M	$593.0M	$595.0M	$907.0M	$511.0M	$514.0M	$550.0M	$465.0M	$514.0M	$597.0M	$1.255B	$1.076B	$729.0M	$398.0M	$380.0M	$463.0M	$611.0M	$632.0M	$568.0M	$568.0M	$594.0M	$392.0M	$377.0M	$291.0M	$236.0M	$190.0M	$272.0M	$182.0M	$156.0M	$137.0M
YoY Change	-28.0%	271.14%	-8.11%	44.7%	-18.57%	-7.64%	-0.67%	-0.34%	-34.4%	77.5%	-0.58%	-6.55%	18.28%	-9.53%	-13.9%	-52.43%	16.64%	47.6%	83.17%	4.74%	-17.93%	-24.22%	-3.32%	11.27%	0.0%	-4.38%	51.53%	3.98%	29.55%	23.31%	24.21%	-30.15%	49.45%	16.67%	13.87%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$1.970B	$2.186B	$64.00M	$68.00M	$77.00M	$544.0M	$589.0M	$593.0M	$595.0M	$907.0M	$511.0M	$514.0M	$550.0M	$465.0M	$514.0M	$597.0M	$1.255B	$1.076B	$729.0M	$398.0M	$380.0M	$463.0M	$611.0M	$632.0M	$568.0M	$568.0M	$594.0M	$392.0M	$377.0M	$291.0M	$236.0M	$190.0M	$272.0M	$182.0M	$156.0M	$137.0M
YoY Change	-9.88%	3315.63%	-5.88%	-11.69%	-85.85%	-7.64%	-0.67%	-0.34%	-34.4%	77.5%	-0.58%	-6.55%	18.28%	-9.53%	-13.9%	-52.43%	16.64%	47.6%	83.17%	4.74%	-17.93%	-24.22%	-3.32%	11.27%	0.0%	-4.38%	51.53%	3.98%	29.55%	23.31%	24.21%	-30.15%	49.45%	16.67%	13.87%
Long-Term Debt	$37.17B	$4.459B	$550.0M	$593.0M	$312.0M	$155.0M	$143.0M	$173.0M	$194.0M	$191.0M	$270.0M	$445.0M	$688.0M	$810.0M	$797.0M	$733.0M	$404.0M	$401.0M	$384.0M	$261.0M	$264.0M	$253.0M	$284.0M	$154.0M	$156.0M	$159.0M	$11.00M	$7.000M	$15.00M	$35.00M	$60.00M	$17.00M	$19.00M	$31.00M	$19.00M	$23.00M
YoY Change	733.57%	710.73%	-7.25%	90.06%	101.29%	8.39%	-17.34%	-10.82%	1.57%	-29.26%	-39.33%	-35.32%	-15.06%	1.63%	8.73%	81.44%	0.75%	4.43%	47.13%	-1.14%	4.35%	-10.92%	84.42%	-1.28%	-1.89%	1345.45%	57.14%	-53.33%	-57.14%	-41.67%	252.94%	-10.53%	-38.71%	63.16%	-17.39%
Other Long-Term Liabilities	$7.510B	$3.583B	$317.0M	$339.0M	$403.0M	$355.0M	$363.0M	$381.0M	$374.0M	$370.0M	$226.0M	$320.0M	$256.0M	$82.00M	$130.0M	$208.0M	$133.0M	$124.0M	$96.00M	$95.00M	$100.0M	$109.0M	$123.0M	$122.0M	$91.00M	$106.0M	$165.0M	$87.00M	$76.00M	$41.00M	$57.00M	$56.00M	$67.00M	$74.00M	$48.00M	$43.00M
YoY Change	109.6%	1030.28%	-6.49%	-15.88%	13.52%	-2.2%	-4.72%	1.87%	1.08%	63.72%	-29.38%	25.0%	212.2%	-36.92%	-37.5%	56.39%	7.26%	29.17%	1.05%	-5.0%	-8.26%	-11.38%	0.82%	34.07%	-14.15%	-35.76%	89.66%	14.47%	85.37%	-28.07%	1.79%	-16.42%	-9.46%	54.17%	11.63%
Total Long-Term Liabilities	$44.68B	$8.042B	$867.0M	$932.0M	$715.0M	$510.0M	$506.0M	$554.0M	$568.0M	$561.0M	$496.0M	$765.0M	$944.0M	$892.0M	$927.0M	$941.0M	$537.0M	$525.0M	$480.0M	$356.0M	$364.0M	$362.0M	$407.0M	$276.0M	$247.0M	$265.0M	$176.0M	$94.00M	$91.00M	$76.00M	$117.0M	$73.00M	$86.00M	$105.0M	$67.00M	$66.00M
YoY Change	455.57%	827.57%	-6.97%	30.35%	40.2%	0.79%	-8.66%	-2.46%	1.25%	13.1%	-35.16%	-18.96%	5.83%	-3.78%	-1.49%	75.23%	2.29%	9.38%	34.83%	-2.2%	0.55%	-11.06%	47.46%	11.74%	-6.79%	50.57%	87.23%	3.3%	19.74%	-35.04%	60.27%	-15.12%	-18.1%	56.72%	1.52%
Total Liabilities	$192.5B	$99.64B	$53.57B	$45.73B	$36.24B	$31.92B	$31.19B	$29.98B	$28.60B	$27.39B	$19.12B	$19.42B	$19.14B	$19.07B	$16.91B	$15.30B	$14.77B	$14.42B	$13.46B	$12.18B	$11.53B	$11.27B	$10.98B	$9.881B	$8.988B	$8.945B	$8.349B	$7.440B	$6.863B	$5.884B	$5.712B	$5.080B	$5.183B	$4.569B	$3.461B	$3.192B
YoY Change	93.21%	85.99%	17.15%	26.19%	13.53%	2.33%	4.05%	4.8%	4.44%	43.23%	-1.53%	1.48%	0.33%	12.82%	10.49%	3.59%	2.44%	7.14%	10.5%	5.62%	2.36%	2.6%	11.12%	9.94%	0.48%	7.14%	12.22%	8.41%	16.64%	3.01%	12.44%	-1.99%	13.44%	32.01%	8.43%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Basic Shares Outstanding	14.34M shares	14.53M shares	15.53M shares	9.816M shares	10.06M shares	11.14M shares	11.94M shares	12.01M shares	12.01M shares	12.01M shares	10.22M shares	9.619M shares	10.24M shares	10.38M shares	10.43M shares	10.43M shares
Diluted Shares Outstanding	14.34M shares	14.54M shares	15.55M shares	9.816M shares	10.06M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $30.403 Billion

About FIRST CITIZENS BANCSHARES INC /DE/

First Citizens BancShares, Inc. is a bank holding company, which provides retail and commercial banking services through its subsidiaries. The company is headquartered in Raleigh, North Carolina and currently employs 15,715 full-time employees. The firm has four segments. General Banking segment delivers products and services to consumers and businesses through its network of branches and various digital channels. Commercial Banking segment provides a range of lending, leasing, capital markets, asset management and other financial and advisory services, primarily to small and middle market companies in a range of industries, including energy, healthcare, tech media and telecom, asset-backed lending, capital finance, maritime, corporate banking, aerospace and defense, and sponsor finance. Silicon Valley Banking segment offers products and services to commercial clients in key innovation markets, such as the healthcare and technology industries, as well as to private equity and venture capital firms. Rail segment offers customized leasing and financing solutions on a fleet of railcars and locomotives to railroads and shippers.

Industry: State Commercial Banks Peers: CITIZENS FINANCIAL GROUP INC/RI COMERICA INC /NEW/ EAST WEST BANCORP INC FIRST HORIZON CORP HUNTINGTON BANCSHARES INC /MD/ KEYCORP /NEW/ REGIONS FINANCIAL CORP PNC FINANCIAL SERVICES GROUP, INC. Signature Bank Corp