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RALEIGH, N.C. , July 1, 2025 /PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (NASDAQ: FCNCA) today announced that it will report its financial results for the quarter ended June 30, 2025, before the U.S. financial markets open on Friday, July 25, 2025.
Industry veteran Diane Morais' experience further strengthens Board's governance efforts RALEIGH, N.C. , June 26, 2025 /PRNewswire/ -- Diane ("Di") Morais has been appointed to the board of directors of First Citizens BancShares, Inc. and its subsidiary, First-Citizens Bank & Trust Company ("First Citizens Bank"), effective July 1, 2025.
JACKSONVILLE, Fla. , June 25, 2025 /PRNewswire/ -- Merlo America LLC and First Citizens Bank Equipment Finance today announced a new vendor finance agreement that will provide Merlo customers with leasing and lending solutions to secure new construction and agricultural equipment.
PHILADELPHIA--(BUSINESS WIRE)--FHLBank Pittsburgh announced First Citizens Community Bank as a 2025 winner of its Pillars of the Community Awards, and conferred the award today.
Financing led by SVB's National Fintech Practice SAN FRANCISCO , June 18, 2025 /PRNewswire/ -- Silicon Valley Bank (SVB ), a division of First Citizens Bank, along with lending partner Setpoint, today announced it has provided a warehouse facility to UpEquity, an Austin-based mortgage technology company that provides solutions for home buyers to help them purchase a new home before they sell their current home. The facility will provide up to $200 million in financing capacity and is expected to support $1 billion in originations over the next 2 years.
Agentic AI, Defense Tech, and Industrial Automation Propelling the Sector SAN FRANCISCO , June 10, 2025 /PRNewswire/ -- Venture Capital (VC) investment in frontier technology is up 47% year-over-year, according to the latest report from Silicon Valley Bank (SVB), a division of First Citizens Bank. AI-driven demand for compute power, VC-backed defense innovations, and rapid growth in industrial automation are driving record-setting growth for the sector.
The bank's ten-year median net interest margin is steady at 3.5%, reflecting the bank's diversification and consistent loan quality. The historical loan-to-deposit ratio implies a solid funding profile. The bank has strong ROE compared to their competition.
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First Citizens BancShares, Inc. (NASDAQ:FCNCA ) Q1 2025 Earnings Conference Call April 24, 2025 9:00 AM ET Company Participants Deanna Hart - Head of Investor Relations Frank Holding - Chairman and Chief Executive Officer Craig Nix - Chief Financial Officer Tom Eklund - Treasurer Marc Cadieux - President of Silicon Valley Bank Andrew Giangrave - Executive Vice President and Chief Credit Officer Conference Call Participants Chris McGratty - Keefe, Bruyette & Woods, Inc. Christopher Marinac - Janney Montgomery Scott Anthony Elian - JPMorgan Chase & Co. Brian Foran - Truist Securities Benjamin Gerlinger - Citigroup Inc. Nicholas Holowko - UBS Operator Ladies and gentlemen, thank you for standing by, and welcome to the First Citizens BancShares First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Although the revenue and EPS for First Citizens (FCNCA) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.