FCNCA Stock Recent News

NEW YORK , Feb. 5, 2025 /PRNewswire/ -- First Citizens Bank and Sixth Street, a leading global investment firm, today announced the launch of Sixty-First Commercial Finance, a new platform managed by First Citizens Institutional Asset Management, LLC and designed to provide flexible capital equipment financing solutions to middle market companies. A joint venture between Sixth Street's Asset Based Finance platform and First Citizens Bank, Sixty-First Commercial Finance will leverage the well-established capabilities and expertise of both institutions to provide mid- and large-ticket capital equipment financings ranging from $5 million to $100 million, with diverse coverage across equipment asset types and industries.

LOS ANGELES, CA / ACCESS Newswire / February 3, 2025 / XS Financial Inc. ("XS Financial" "XS" or the "Company"), an established equipment finance company serving middle-market storied credits, today announced that it has amended and upsized its current $70 million line of credit with Needham Bank ("Credit Facility") to $100 million, with First Citizens Bank participating for $20 million. XS Financial intends to use loan proceeds to fund additional CAPEX and equipment leases with new and existing customers.

First Citizens BancShares, Inc. (NASDAQ:FCNCA ) Q4 2024 Earnings Conference Call January 24, 2025 9:00 AM ET Company Participants Deanna Hart - Head of IR Frank Holding - Chairman and CEO Craig Nix - CFO Tom Eklund - Treasurer Marc Cadieux - President, Silicon Valley Bank Andrew Giangrave - EVP, Chief Credit Officer Conference Call Participants Bernard von-Gizycki - Deutsche Bank Anthony Elian - JPMorgan Chris McGratty - KBW Christopher Marinac - Janney Montgomery Scott Nicholas Holowko - UBS Operator Ladies and gentlemen, thank you for standing by, and welcome to the First Citizens BancShares Fourth Quarter 2024 Earnings Conference Call. [Operator Instructions].

While the top- and bottom-line numbers for First Citizens (FCNCA) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

First Citizens BancShares (FCNCA) came out with quarterly earnings of $45.10 per share, beating the Zacks Consensus Estimate of $39.46 per share. This compares to earnings of $46.58 per share a year ago.

RALEIGH, N.C. , Jan. 24, 2025 /PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (Nasdaq: FCNCA) reported earnings for the fourth quarter of 2024.

RALEIGH, N.C., Jan. 24, 2025 /PRNewswire/ -- The Board of Directors of First Citizens BancShares, Inc. (Nasdaq: FCNCA) has declared the following dividends on the company's common and preferred stock, in each case to be paid on March 17, 2025, to holders of record as of Feb. 28, 2025:   A quarterly common stock dividend of $1.95 per share on the company's Class A and Class B common stock.

RALEIGH, N.C. , Jan. 23, 2025 /PRNewswire/ -- First Citizens Bank announced today that it has committed $2 million in donations and financial support to aid in critical humanitarian and small business relief efforts for those impacted by the Southern California wildfires.

Wine industry reset is here, fueled by a generational shift to younger consumers redefining consumption patterns NAPA, Calif. , Jan. 23, 2025 /PRNewswire/ -- Silicon Valley Bank (SVB), a division of First Citizens Bank, today released its 2025 State of the US Wine Industry Report.

NEW YORK--(BUSINESS WIRE)-- #batterystorage--NineDot Energy®, the leading developer of community-scale battery energy storage systems (BESS) in the New York City metro area, today announced the closing of a $65 million equipment financing transaction led by First Citizens Bank, a leader in renewable energy finance. This financing supports the purchase of nearly 100 Megawatts (MW) / 400 Megawatt hours (MWh) of batteries for use in up to 20 battery storage projects across the New York City metro area. “NineDot has.