First Citizens BancShares, Inc. (FCNCA) — Financial statements
Income statement, balance sheet, and cash flow for First Citizens BancShares, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 14,497↓3.0% | 14,940↑18.2% | 12,638↑148.0% | 5,096↑168.4% | 1,899 | |
| Cost of Revenue | 5,590↓0.9% | 5,641↑11.6% | 5,054↑354.5% | 1,112↑4533.3% | 24 | |
| Gross Profit | 8,907↓4.2% | 9,299↑22.6% | 7,584↑90.4% | 3,984↑112.5% | 1,875 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 4,106↑19.5% | 3,435↑13.9% | 3,016↑85.3% | 1,628↑110.6% | 773 | |
| Selling & Marketing Expenses | 142↑86.8% | 76↓25.5% | 102↑92.5% | 53↑430.0% | 10 | |
| SG&A Expenses | 4,248↑21.0% | 3,511↑12.6% | 3,118↑85.5% | 1,681↑114.7% | 783 | |
| Other Expenses | 1,688↓23.1% | 2,196↑128.9% | -7,611↓908.8% | 941↑140.7% | 391 | |
| Operating Expenses | 5,936↑4.0% | 5,707↑227.0% | -4,493↓271.4% | 2,622↑123.3% | 1,174 | |
| Total Costs & Expenses | 11,526↑1.6% | 11,348↑1922.8% | 561↓85.0% | 3,734↑211.7% | 1,198 | |
| Operating Results | ||||||
| Operating Income | 2,971↓17.3% | 3,592↓70.3% | 12,077↑786.7% | 1,362↑94.3% | 701 | |
| Depreciation & Amortization | 427↑228.5% | 130↑328.1% | -57↓110.7% | 533↑272.7% | 143 | |
| EBITDA | 3,398↓8.7% | 3,722↓69.0% | 12,020↑534.3% | 1,895↑124.5% | 844 | |
| EBIT | 2,971↓17.3% | 3,592↓70.3% | 12,077↑786.7% | 1,362↑94.3% | 701 | |
| Interest & Other Income | ||||||
| Net Interest Income | 6,814↓4.6% | 7,143↑6.4% | 6,712↑127.8% | 2,946↑111.9% | 1,390 | |
| Interest Income | 11,778↓4.7% | 12,353↑18.9% | 10,391↑204.5% | 3,413↑135.2% | 1,451 | |
| Interest Expense | 4,964↓4.7% | 5,210↑41.6% | 3,679↑687.8% | 467↑665.6% | 61 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 2,971↓17.3% | 3,592↓70.3% | 12,077↑786.7% | 1,362↑94.3% | 701 | |
| Income Tax Expense | 765↓6.1% | 815↑33.4% | 611↑131.4% | 264↑71.4% | 154 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 2,206↓20.6% | 2,777↓75.8% | 11,466↑944.3% | 1,098↑100.7% | 547 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 2,206↓20.6% | 2,777↓75.8% | 11,466↑944.3% | 1,098↑100.7% | 547 | |
| Bottom-Line Net Income | 2,149↓20.9% | 2,716↓76.2% | 11,407↑988.5% | 1,048↑98.1% | 529 | |
| EPS (Basic) | 165.76↓12.5% | 189.42↓75.9% | 785.18↑1063.7% | 67.47↑25.2% | 53.88 | |
| EPS (Diluted) | 165.76↓12.5% | 189.41↓75.9% | 784.55↑1064.0% | 67.40↑25.1% | 53.88 | |
| Weighted Average Shares | 12↓13.8% | 14↓1.3% | 15↓6.5% | 16↑58.2% | 10 | |
| Weighted Average Diluted Shares | 12↓13.8% | 14↓1.4% | 15↓6.5% | 16↑58.4% | 10 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.