First Citizens Bancshares Inc /De/ financial data

Symbol
FCNCA, FCNCO, FCNCP on Nasdaq, FCNCB on OTC
Industry
State Commercial Banks
Location
4300 Six Forks Road, Raleigh, North Carolina
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 927 % -6.96%
Return On Equity 12.9 % -84.6%
Return On Assets 1.25 % -83.7%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 14.3B USD +81.1%
Weighted Average Number of Shares Outstanding, Basic 14.5M shares +0.05%
Weighted Average Number of Shares Outstanding, Diluted 14.5M shares -0.02%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 3.61B USD -66%
Income Tax Expense (Benefit) 931M USD +254%
Net Income (Loss) Attributable to Parent 2.68B USD -74.1%
Earnings Per Share, Basic 180 USD/shares -74.4%
Earnings Per Share, Diluted 180 USD/shares -74.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Operating Lease, Right-of-Use Asset 355M USD +5.34%
Intangible Assets, Net (Excluding Goodwill) 295M USD -19%
Goodwill 346M USD 0%
Assets 218B USD +1.48%
Long-term Debt and Lease Obligation 37.1B USD -17.6%
Deferred Income Tax Liabilities, Net 3.55B USD -0.17%
Liabilities 196B USD +0.28%
Accumulated Other Comprehensive Income (Loss), Net of Tax -582M USD +13%
Retained Earnings (Accumulated Deficit) 17.4B USD +17.1%
Stockholders' Equity Attributable to Parent 21.8B USD +13.7%
Liabilities and Equity 218B USD +1.48%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 461M USD
Net Cash Provided by (Used in) Financing Activities 3.62B USD
Net Cash Provided by (Used in) Investing Activities -4.29B USD -263%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -210M USD -119%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 698M USD -56.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.29B USD +254%
Deferred Tax Assets, Valuation Allowance 28M USD -60%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 1.43B USD +2.59%
Operating Lease, Liability 397M USD +15.1%
Payments to Acquire Property, Plant, and Equipment 94M USD +114%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 2.77B USD -72.3%
Lessee, Operating Lease, Liability, to be Paid 439M USD +12.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 67M USD +34%
Lessee, Operating Lease, Liability, to be Paid, Year One 65M USD +35.4%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure +45%
Deferred Income Tax Expense (Benefit) 1M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 43M USD +10.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 62M USD +40.9%
Deferred Tax Assets, Operating Loss Carryforwards 118M USD -67%
Deferred Federal Income Tax Expense (Benefit) 46M USD -72.9%
Preferred Stock, Shares Authorized 20M shares +100%
Unrecognized Tax Benefits 31M USD +3.33%
Lessee, Operating Lease, Liability, to be Paid, Year Four 52M USD +23.8%
Operating Lease, Payments 18M USD +38.5%
Additional Paid in Capital 4.1B USD -0.12%
Current State and Local Tax Expense (Benefit) 372M USD +9200%
Current Federal Tax Expense (Benefit) 400M USD +590%
Amortization of Intangible Assets 69M USD +214%
Depreciation, Depletion and Amortization 225M USD +58.5%
Deferred State and Local Income Tax Expense (Benefit) -222M USD -1065%
Interest Expense 4.59B USD +498%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%