First Financial Statements From 2010 to 2025

Stocks . USA . 
Stock . First Citizens BancShares
FCNCA Stock  USD 1,837  29.17  1.61%   
First Citizens financial statements provide useful quarterly and yearly information to potential First Citizens BancShares investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on First Citizens financial statements helps investors assess First Citizens' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting First Citizens' valuation are summarized below:
Gross Profit
9.3 B
Profit Margin
0.2977
Market Capitalization
24.4 B
Enterprise Value Revenue
6.3863
Revenue
9.3 B
We have found one hundred twenty available fundamental signals for First Citizens BancShares, which can be analyzed and compared to other ratios and to its rivals. All investors should make sure to verify all of First Citizens BancShares prevailing market performance against the performance between 2010 and 2025 to make sure the company can sustain itself down the road. The current year's Market Cap is expected to grow to about 31.8 B. The current year's Enterprise Value is expected to grow to about 31.4 B

First Citizens Total Revenue

12.97 Billion

Check First Citizens financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Citizens' main balance sheet or income statement drivers, such as Depreciation And Amortization of 96.5 M, Interest Expense of 5.5 B or Selling General Administrative of 3.6 B, as well as many indicators such as Price To Sales Ratio of 1.77, Dividend Yield of 0.0094 or PTB Ratio of 0.98. First financial statements analysis is a perfect complement when working with First Citizens Valuation or Volatility modules.
  
Check out the analysis of First Citizens Correlation against competitors.

First Citizens Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets234.9 B223.7 B72.7 B
Slightly volatile
Short and Long Term Debt Total348.6 M367 M3.7 B
Slightly volatile
Total Current Liabilities475.9 M501 M12.7 B
Slightly volatile
Total Stockholder Equity23.3 B22.2 B6.9 B
Slightly volatile
Property Plant And Equipment Net1.4 B2 B2.3 B
Slightly volatile
Retained Earnings20.3 B19.4 B5.8 B
Slightly volatile
Cash773.3 M814 M3 B
Slightly volatile
Non Current Assets Total2.5 B2.6 B20.3 B
Slightly volatile
Other Assets231.2 B220.2 B59.2 B
Slightly volatile
Cash And Short Term Investments869.2 M915 M5.3 B
Pretty Stable
Common Stock Shares Outstanding12 M14.3 M11.6 M
Slightly volatile
Liabilities And Stockholders Equity234.9 B223.7 B72.7 B
Slightly volatile
Non Current Liabilities Total211.2 B201.1 B44.3 B
Slightly volatile
Other Stockholder Equity2.6 B2.4 B1.2 B
Slightly volatile
Total Liabilities211.6 B201.5 B57.5 B
Slightly volatile
Property Plant And Equipment Gross13.9 B13.3 B4 B
Slightly volatile
Total Current Assets869.2 M915 M11.7 B
Slightly volatile
Short Term Debt626.9 M367 M589.4 M
Slightly volatile
Common Stock Total Equity11.9 M17.2 M11.8 M
Slightly volatile
Common Stock12.1 M17.2 M11.8 M
Slightly volatile
Other Liabilities1.7 B1.6 B734.1 M
Slightly volatile
Accounts Payable127.3 M134 M20.9 B
Pretty Stable
Long Term Debt38.5 B36.7 B7.8 B
Slightly volatile
Short Term Investments96 M101 M3 B
Pretty Stable
Property Plant Equipment9.8 B9.4 B3 B
Slightly volatile
Good Will205.7 M397.9 M223.1 M
Slightly volatile
Other Current Assets43.7 B41.6 B15.9 B
Slightly volatile
Intangible Assets261.4 M249 M101.2 M
Slightly volatile
Net Receivables3.7 B3.5 B941.9 M
Slightly volatile
Net Tangible Assets10 B9.5 B4.3 B
Slightly volatile
Retained Earnings Total Equity3.2 B6.2 B3.2 B
Slightly volatile
Long Term Debt Total8 B7.6 B2.2 B
Slightly volatile
Capital Surpluse5 B4.7 B1.9 B
Slightly volatile
Long Term Investments25.6 B46.7 B23.4 B
Slightly volatile
Non Current Liabilities Other4.3 B4.1 B1.3 B
Slightly volatile
Earning Assets6.8 B7.5 B8.5 B
Slightly volatile
Capital Lease Obligations390.6 M372 M78.3 M
Slightly volatile
Net Invested Capital60.9 B58 B15.3 B
Slightly volatile
Capital Stock535.7 M895 M252.3 M
Slightly volatile

First Citizens Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization96.5 M130 M139.5 M
Slightly volatile
Interest Expense5.5 B5.2 B987.1 M
Slightly volatile
Selling General Administrative3.6 B3.4 B1.1 B
Slightly volatile
Total Revenue13 B12.4 B3.3 B
Slightly volatile
Gross Profit13 B12.4 B3 B
Slightly volatile
Other Operating Expenses10.2 B9.7 B2.2 B
Slightly volatile
Operating Income1.1 B1 B809.3 M
Slightly volatile
EBIT62.3 M65.5 M321.9 M
Very volatile
EBITDA1.1 B1 B573.5 M
Slightly volatile
Income Before Tax3.8 B3.6 B1.6 B
Slightly volatile
Net Income2.9 B2.8 B1.3 B
Slightly volatile
Income Tax Expense855.8 M815 M242.6 M
Slightly volatile
Net Income Applicable To Common Shares1.3 B1.2 B495.3 M
Slightly volatile
Selling And Marketing Expenses79.8 M76 M26.6 M
Slightly volatile
Net Income From Continuing Ops2.9 B2.8 B1.3 B
Slightly volatile
Non Recurring8.3 M8.1 M10.3 M
Slightly volatile
Tax Provision855.8 M815 M254.9 M
Slightly volatile
Net Interest Income7.5 B7.1 B2.3 B
Slightly volatile
Interest Income13 B12.4 B3.2 B
Slightly volatile
Reconciled Depreciation195.3 M130 M150.7 M
Slightly volatile
Non Operating Income Net Other21.2 M23.9 M26.1 M
Slightly volatile
Preferred Stock And Other Adjustments30.3 M57.5 M22.6 M
Slightly volatile

First Citizens Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow607.3 M908 M499 M
Pretty Stable
Dividends Paid165.9 M158 M45.4 M
Slightly volatile
Net Income2.9 B2.8 B1.3 B
Slightly volatile
End Period Cash Flow509.4 M814 M537.7 M
Very volatile
Change To Inventory3.5 M3.7 M23.3 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.772.45322.5088
Slightly volatile
Dividend Yield0.00940.00520.0063
Slightly volatile
PTB Ratio0.981.36341.192
Slightly volatile
Days Sales Outstanding81.510362.9686
Pretty Stable
Book Value Per Share1.6 K1.5 K1.3 K
Slightly volatile
Stock Based Compensation To Revenue7.0E-48.0E-40.0035
Slightly volatile
PB Ratio0.981.36341.192
Slightly volatile
EV To Sales1.962.4172.7278
Slightly volatile
Net Income Per Share20319497.8311
Slightly volatile
Payables Turnover20.5823.1525.2404
Slightly volatile
Sales General And Administrative To Revenue0.30.27810.3863
Slightly volatile
Capex To Revenue0.130.08950.0926
Slightly volatile
Cash Per Share60.6163.7992483
Slightly volatile
Interest Coverage0.190.20125.4747
Very volatile
Payout Ratio0.110.05690.0687
Slightly volatile
Days Payables Outstanding9.8512.7710.7738
Slightly volatile
ROE0.0880.12490.1254
Slightly volatile
PE Ratio10.0210.912712.02
Pretty Stable
Return On Tangible Assets0.00750.01240.0115
Slightly volatile
Earnings Yield0.07820.09160.1128
Pretty Stable
Intangibles To Total Assets0.00250.00270.0062
Slightly volatile
Current Ratio1.741.8263225
Very volatile
Tangible Book Value Per Share1.6 K1.5 K1.3 K
Slightly volatile
Receivables Turnover3.363.539511.6686
Slightly volatile
Graham Number2.7 K2.6 K1 K
Slightly volatile
Shareholders Equity Per Share1.6 K1.5 K526
Slightly volatile
Debt To Equity0.01570.01650.4375
Very volatile
Capex Per Share80.9777.116926.1397
Slightly volatile
Revenue Per Share904861254
Slightly volatile
Interest Debt Per Share408389322
Slightly volatile
Debt To Assets0.00160.00160.0385
Very volatile
Enterprise Value Over EBITDA60.2757.418.8613
Slightly volatile
Short Term Coverage Ratios7.697.335.2546
Pretty Stable
Price Earnings Ratio10.0210.912712.02
Pretty Stable
Price Book Value Ratio0.981.36341.192
Slightly volatile
Days Of Payables Outstanding9.8512.7710.7738
Slightly volatile
Dividend Payout Ratio0.110.05690.0687
Slightly volatile
Pretax Profit Margin0.240.29080.3576
Slightly volatile
Ebt Per Ebit3.63.42751.3127
Slightly volatile
Operating Profit Margin0.08060.08480.2838
Pretty Stable
Effective Tax Rate0.350.22690.2812
Slightly volatile
Company Equity Multiplier13.8910.064811.6185
Pretty Stable
Long Term Debt To Capitalization0.60.570.2743
Slightly volatile
Total Debt To Capitalization0.01540.01620.2625
Slightly volatile
Return On Capital Employed0.00450.00470.0166
Slightly volatile
Debt Equity Ratio0.01570.01650.4375
Very volatile
Ebit Per Revenue0.08060.08480.2838
Pretty Stable
Quick Ratio1.741.8263224
Very volatile
Net Income Per E B T0.540.77310.7119
Slightly volatile
Cash Ratio2.211.62485.0985
Very volatile
Days Of Sales Outstanding81.510362.9686
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.430.62990.675
Pretty Stable
Price To Book Ratio0.981.36341.192
Slightly volatile
Fixed Asset Turnover6.476.1581.8426
Slightly volatile
Enterprise Value Multiple60.2757.418.8613
Slightly volatile
Debt Ratio0.00160.00160.0385
Very volatile
Price Sales Ratio1.772.45322.5088
Slightly volatile
Return On Assets0.00740.01240.0114
Slightly volatile
Asset Turnover0.05090.05520.0442
Pretty Stable
Net Profit Margin0.170.22480.2787
Slightly volatile
Gross Profit Margin0.760.620.8027
Slightly volatile
Price Fair Value0.981.36341.192
Slightly volatile
Return On Equity0.0880.12490.1254
Slightly volatile

First Citizens Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap31.8 B30.3 B8.8 B
Slightly volatile
Enterprise Value31.4 B29.9 B9.2 B
Slightly volatile

First Fundamental Market Drivers

Forward Price Earnings10.6045
Cash And Short Term Investments915 M

First Upcoming Events

26th of January 2024
Upcoming Quarterly Report
View
8th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
26th of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About First Citizens Financial Statements

First Citizens stakeholders use historical fundamental indicators, such as First Citizens' revenue or net income, to determine how well the company is positioned to perform in the future. Although First Citizens investors may analyze each financial statement separately, they are all interrelated. For example, changes in First Citizens' assets and liabilities are reflected in the revenues and expenses on First Citizens' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in First Citizens BancShares. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-895.5 M-940.3 M
Total Revenue12.4 B13 B
Cost Of Revenue4.1 B4.3 B
Sales General And Administrative To Revenue 0.28  0.30 
Capex To Revenue 0.09  0.13 
Revenue Per Share 861.32  904.39 
Ebit Per Revenue 0.08  0.08 

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When determining whether First Citizens BancShares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Citizens' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Citizens Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Citizens Bancshares Stock:
How To Invest In First
Details
Is First Stock a good investment?
Details
What is First Citizens' Net Worth?
Details
Largest Regional Banks Companies
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Largest Banks - Regional Companies
View
Check out the analysis of First Citizens Correlation against competitors.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Citizens. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Citizens listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.433
Dividend Share
6.87
Earnings Share
189.42
Revenue Per Share
650.473
Quarterly Revenue Growth
(0.01)
The market value of First Citizens BancShares is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Citizens' value that differs from its market value or its book value, called intrinsic value, which is First Citizens' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Citizens' market value can be influenced by many factors that don't directly affect First Citizens' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Altman
Z Score
Details
Piotroski
F Score
Details
Beneish
M Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Earnings
Projections
Details
Please note, there is a significant difference between First Citizens' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Citizens is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Citizens' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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