First Citizens BancShares, Inc. (FCNCA) Financial Statements
First Citizens BancShares financial statements at a glance
First Citizens BancShares reported revenue of $9.25 billion for fiscal year 2025 (ended December 31, 2025), down 4.9% from fiscal year 2024. Net income was $2.15 billion, a net margin of 23.2%, and diluted earnings per share were $165.24.
At the end of fiscal year 2025 it had total assets of $229.70 billion, total liabilities of $207.46 billion and shareholders' equity of $22.24 billion, with cash of $20.60 billion and total debt of $36.11 billion.
Its operations brought in $2.92 billion of cash; capital spending was $1.56 billion, leaving free cash flow of $1.36 billion.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
First Citizens BancShares, Inc.
Income Statement
Annual • USD
First Citizens BancShares key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $9.3B | $9.7B | $9.0B | $4.6B | $1.8B |
| Net income | $2.1B | $2.7B | $11.4B | $1.0B | $529.0M |
| Diluted EPS | $165.24 | $189.41 | $784.51 | $67.40 | $53.88 |
| Total assets | $229.7B | $223.7B | $213.8B | $109.3B | $58.3B |
| Total liabilities | $207.5B | $201.5B | $192.5B | $99.6B | $53.6B |
| Shareholders' equity | $22.2B | $22.2B | $21.3B | $9.7B | $4.7B |
| Cash | $20.6B | $22.2B | $34.5B | $5.5B | $9.5B |
| Total debt | $36.1B | $37.0B | $37.6B | $6.6B | $1.3B |
| Operating cash flow | $2.9B | $3.0B | $2.7B | $2.8B | -$284.0M |
| Capital spending | $1.6B | $1.5B | $1.4B | $926.0M | $107.0M |
| Free cash flow | $1.4B | $1.5B | $1.2B | $1.9B | -$391.0M |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was First Citizens BancShares's revenue in fiscal year 2025?
$9.25 billion, down 4.9% from $9.73 billion in fiscal year 2024.
How much profit does First Citizens BancShares make?
First Citizens BancShares reported net income of $2.15 billion for fiscal year 2025 (23.2% of revenue).
How much cash and debt does First Citizens BancShares have?
At the end of fiscal year 2025: cash of $20.60 billion and total debt of $36.11 billion.
What is First Citizens BancShares's free cash flow?
$1.36 billion in fiscal year 2025 (operating cash flow of $2.92 billion minus capital spending of $1.56 billion).
