First Citizens BancShares reported FY 2025 net income of USD 2.2 billion (-21%) and net income available to common stockholders of USD 2.1 billion (-21%), with diluted EPS of USD 165.24. Net interest income was USD 6.8 billion (-5%) and noninterest income was USD 2.7 billion (+4%), while noninterest expense rose to USD 6.1 billion (+6%). Provision for credit losses totaled USD 514 million (+19%). Return on average assets was 0.96% and net interest margin was 3.25%. At December 31, 2025, total assets were USD 229.7 billion, loans and leases were USD 147.9 billion (+6%), and deposits were USD 161.6 billion (+4%); uninsured deposits were USD 61.8 billion (38% of deposits). The company ended the year with a CET1 ratio of 11.15% and a total risk-based capital ratio of 13.71%. During 2025, First Citizens repurchased USD 3.0 billion of Class A common stock and had USD 2.81 billion remaining under its USD 4.0 billion repurchase authorization through December 31, 2026 (USD 2.37 billion remaining as of February 13, 2026). Corporate updates included a USD 500 million Series D preferred stock issuance (November 2025), a USD 2.49 billion partial prepayment of the 3.50% Purchase Money Note (with a USD 9 million loss on extinguishment of debt), and announced plans to acquire 138 BMO branches, expecting to assume about USD 5.7 billion in deposits and acquire about USD 1.1 billion in loans, with closing expected in the second half of 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Citizens BancShares Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000798941-26-000015), on February 24, 2026, and is solely responsible for the information contained therein.