FCNCO Financials FIRST CITIZENS BANCSHARES INC /DE/

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 29 h ago Overview →

Growth & profitability

Revenue has grown 23.4% per year over the past 5 years.
Net income has grown faster than revenue (35.0% vs 23.4% per year).
Free cash flow has grown 55.6% per year over the past 5 years.

Financial health

Total debt ($36.0B) exceeds cash ($801M); net debt is $35.2B.
Total debt has grown faster than revenue (80.3% vs 23.4% per year).

Shareholder returns

Dividends have been paid for 6 consecutive years, consuming 7.3% of earnings and 7.3% of free cash flow.
The dividend has grown 39.9% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2025	$9.5B	$2.2B	0.0%	0.0%	$2.2B	$36.0B	$801M
2024	$9.8B	$2.8B	0.0%	0.0%	$2.6B	$37.1B	$814M
2023	$18.8B	$11.5B	0.0%	0.0%	$2.3B	$37.7B	$908M
2022	$5.1B	$1.1B	0.0%	0.0%	$2.6B	$6.6B	$518M
2021	—	$547M	—	—	-$391M	$1.8B	$338M
2020	—	$492M	—	—	$243M	$1.9B	$362M
2019	—	$457M	—	—	$457M	$1.3B	$377M
2018	—	$400M	—	—	$313M	$892M	$327M
2017	—	$324M	—	—	$270M	$1.6B	$336M
2016	—	$225M	—	—	—	$1.4B	—
2015	—	$210M	—	—	—	$1.3B	—
2014	—	$139M	—	—	—	$1.3B	—
2013	—	$167M	—	—	—	$1.0B	—
2012	—	$132M	—	—	—	$1.0B	—
2011	—	$195M	—	—	—	$1.3B	—

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Mar '26	$2.3B	$534M	0.0%	0.0%	$31M	$34.0B	$1.1B
Dec '25	$2.4B	$580M	0.0%	0.0%	$807M	$36.0B	$801M
Sep '25	$2.4B	$568M	0.0%	0.0%	$678M	$38.7B	$874M
Jun '25	$2.4B	$575M	0.0%	0.0%	$733M	$38.1B	$889M
Mar '25	$2.3B	$483M	0.0%	0.0%	-$5M	$38.4B	$812M
Dec '24	$2.4B	$700M	0.0%	0.0%	$991M	$37.1B	$814M
Sep '24	$2.4B	$639M	0.0%	0.0%	$885M	$37.2B	$862M
Jun '24	$2.5B	$707M	0.0%	0.0%	$316M	$37.5B	$764M
Mar '24	$2.4B	$731M	0.0%	0.0%	$367M	$37.5B	$698M
Dec '23	—	$514M	—	—	$693M	$37.7B	$908M
Sep '23	—	$752M	—	—	$1.1B	$37.7B	$791M
Jun '23	—	$682M	—	—	$832M	$40.1B	$917M
Mar '23	—	$9.5B	—	—	-$406M	$46.1B	$1.6B
Dec '22	—	$257M	—	—	$980M	$6.6B	$518M
Sep '22	—	$315M	—	—	$464M	$8.3B	$481M
Jun '22	—	$255M	—	—	$630M	—	$583M
Mar '22	—	$271M	—	—	$562M	—	$523M
Dec '21	—	$123M	—	—	$92M	$1.8B	$338M
Sep '21	—	$124M	—	—	$133M	—	$338M
Jun '21	—	$153M	—	—	-$717M	—	$395M

Valuation over time

How the market has priced FCNCO against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-sales ratio has fallen from 0.1× (Mar '23) to 0.0× (Jun '26).
The dividend yield has risen from 29.3% (Mar '23) to 60.6% (Jun '26).

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is FCNCO growing its revenue and profit?

Over the past 5 years, FIRST CITIZENS BANCSHARES INC /DE/'s revenue has grown 23.4% per year, and net income grown 35.0% per year. These are computed facts, not advice.

How much debt does FCNCO have?

As of FY2025, FIRST CITIZENS BANCSHARES INC /DE/ reported $36.0B of total debt against $801M of cash.

What is FCNCO's profit margin?

In FY2025, gross margin was —, operating margin —, and net margin 23.1%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.