Revman International Secures $87 million from First Citizens Bank
Revman International has secured $87 million in expanded funding and banking solutions from First Citizens Bank. This financing includes an increased ABL revolver of $55 million and a new $32 million commercial real estate loan, which will be used to purchase a new distribution facility in Duncan, South Carolina. Revman International, a leading home furnishings company, is leveraging this capital to support its continued growth and expansion.
First Citizens BancShares (FCNCA) family group updates 24.89% Class A ownership
Members of the Holding/Bryant/Bristow/Brice family group have filed an updated Schedule 13D/A, indicating a beneficial ownership of approximately 24.89% of First Citizens BancShares' (FCNCA) Class A Common Stock as of August 7, 2026. This amendment primarily reflects increased ownership percentages due to issuer share repurchases and other acquisitions and dispositions. The filing also details individual holdings within the family group and their aggregated ownership of Class B Common Stock and Series A Depositary Shares.
First Citizens Bank Introduces Working Capital Finance Group
First Citizens Bank has launched a new "Working Capital Finance" group, combining its factoring, asset-based lending, supply chain finance, international factoring, and receivables purchasing businesses. This initiative aims to provide middle market companies with an expanded suite of financing and treasury solutions to manage cash flow, increase borrowing capacity, and improve supply chain efficiency. The rebranding of these services, previously operating as CIT Commercial Services, is set to occur in Q4, solidifying First Citizens Bank's role as a comprehensive working capital solutions provider.
First Citizens Bank Purchases Office Buildings in San Diego
First Citizens Bank announced the purchase of two office buildings in San Diego to support its growing presence in Southern California. The buildings, totaling 164,943 square feet, will house First Citizens' Commercial Bank associates and clients, including its Silicon Valley Bank division, which will be rebranded as First Citizens Innovation Banking and First Citizens Fund Banking. This investment reflects the bank's long-term commitment to the San Diego market, where it already has more than 100 associates.
First Citizens Bank Purchases Office Buildings in San Diego
First Citizens Bank announced the purchase of two office buildings in San Diego, totaling 164,943 square feet. This acquisition supports the bank's growing presence in Southern California, particularly for its Commercial Bank associates and clients, including the rebranded First Citizens Innovation Banking and First Citizens Fund Banking divisions. The bank plans to occupy a portion of the space starting in 2029, reflecting a long-term commitment to the San Diego market.
Press Release: First Citizens BancShares Declares Dividends
First Citizens BancShares has declared quarterly cash dividends for both its common stock and its non-cumulative perpetual preferred stock. A dividend of $0.50 per share was announced for the Class A and Class B common stock, payable on September 12, 2024, to shareholders of record as of August 29, 2024. Additionally, a dividend of $16.25 per share was declared for the Series B non-cumulative perpetual preferred stock, payable on September 15, 2024, to shareholders of record as of August 29, 2024.
First Citizens BancShares, Inc. Announces Date of Second Quarter 2026 Earnings Call
First Citizens BancShares, Inc. announced that it will report its financial results for the quarter ended June 30, 2026, before U.S. financial markets open on Thursday, July 23, 2026. The company will also host a live audio webcast at 9 a.m. Eastern time on the same day to discuss the results. The investor presentation and webcast link will be available on ir.firstcitizens.com.
First Citizens BancShares, Inc. Announces Date of Second Quarter 2026 Earnings Call
First Citizens BancShares, Inc. announced it will release its second-quarter 2026 financial results before markets open on Thursday, July 23, 2026. The company will also host a live audio webcast at 9 a.m. Eastern time on the same day to discuss the results. Investor materials and webcast links will be available on ir.firstcitizens.com.
First Citizens BancShares will report Q2 results July 23
First Citizens BancShares (NASDAQ: FCNCA) announced it will release its second quarter 2026 financial results before U.S. market open on Thursday, July 23, 2026. The company will also host a live audio webcast at 9:00 a.m. Eastern time on the same day to discuss the results. Presentation materials and a replay will be available on the company's investor relations website, ir.firstcitizens.com.
First Citizens BancShares, Inc. Announces Date of Second Quarter 2026 Earnings Call
First Citizens BancShares, Inc. (NASDAQ: FCNCA) announced it will report its financial results for the second quarter of 2026 on Thursday, July 23, 2026, before the U.S. financial markets open. The company will also host a live audio webcast to discuss these results at 9 a.m. Eastern time on the same day. Investors can find the presentation and webcast link on the company's investor relations website, with a replay available afterward.
FCNCA (FIRST CITIZENS) CEO adds Class B shares, updates GRAT holdings
Frank B. Holding Jr., Chairman and CEO of First Citizens BancShares (FCNCA), purchased 225 shares of Class B Common Stock in open-market transactions on June 4, 2026, increasing his direct holdings. Additionally, significant distributions of Class A and Class B shares from various 2025 GRATs were made to him, now reported as directly owned, while other GRAT shares remain indirectly owned. The reported purchases occurred at prices around $1,700 per share.
First Citizens (NASDAQ: FCNCA) risk chief reports initial stock and preferred holdings
First Citizens BancShares' Chief Risk Officer, Tom Adam Eklund, has filed an initial Form 3, disclosing his direct ownership of 2,500 shares of Series C Preferred stock and 187 shares of Class A Common stock. This filing establishes his initial equity stake in the company and reports no new transactions. The Form 3 provides transparency into insider holdings, acting as an opening inventory for investors to track future changes.
Trusts tied to First Citizens (NASDAQ: FCNCA) buy and sell shares
A trust associated with Frank B. Holding Jr., CEO of First Citizens Bancshares Inc. (NASDAQ: FCNCA), reported both purchasing and selling company shares on May 12, 2026. The trust bought 5,940 Class B shares for $1,726.82 each and sold 5,346 Class A shares for $1,918.69 each. Following these transactions, the Frank B. Holding Jr. 2025 #1 GRAT holds 38,111 Class B shares and 100,654 Class A shares, though Mr. Holding disclaims beneficial ownership.
First Citizens BancShares shareholders approve directors and key proposals at annual meeting By Investing.com
First Citizens BancShares Inc. (NASDAQ:FCNCA) held its 2026 Annual Stockholders’ Meeting where shareholders elected all 12 nominated directors, approved executive compensation, and ratified KPMG LLP as the independent public accountants. A proposal for a report on faith-based employee resource groups did not pass. These approvals highlight the company's governance and strategic path, alongside recent financial news and analyst adjustments.
First Citizens BancShares shareholders approve directors and key proposals at annual meeting
First Citizens BancShares shareholders approved the election of all 12 board nominees and a non-binding "say-on-pay" resolution for executive compensation at their 2026 Annual Stockholders’ Meeting. They also ratified KPMG LLP as the independent public accountants, but rejected a stockholder proposal regarding faith-based employee resource groups. The company, based in Raleigh, North Carolina, has a market capitalization of $22.9 billion.
First Citizens BancShares shareholders approve directors and key proposals at annual meeting
First Citizens BancShares shareholders approved all 12 director nominees for one-year terms, a non-binding executive compensation resolution, and ratified KPMG LLP as its independent public accountants for 2026 at their recent annual meeting. A proposal for a report on faith-based employee resource groups did not pass. The company's Class A common stock and preferred shares are listed on the Nasdaq Global Select Market.
BlackRock (FCNCA) reports 449,706 shares, 4.2% stake in First Citizens BancShares
BlackRock Portfolio Management LLC has filed an amended Schedule 13G/A, disclosing beneficial ownership of 449,706 shares of First Citizens BancShares, Inc., which represents a 4.2% stake in the company. This filing indicates a passive investment, with BlackRock holding sole voting power for 440,827 shares and sole dispositive power for all 449,706 shares. The disclosure also clarifies that these holdings are attributed to specific Reporting Business Units of BlackRock, Inc.
First Citizens BancShares Reports First Quarter 2026 Earnings
First Citizens BancShares Inc. has released its first-quarter 2026 earnings report. This announcement was made via a press release and quickly alerted to Quantisnow Plus members. Quantisnow, a platform for retail investors, facilitated the real-time distribution of this market intelligence.
BlackRock (NYSE: BLK) discloses 5.1% stake in First Citizens (FCNCA)
BlackRock, Inc. has disclosed a 5.1% stake in First Citizens BancShares, Inc. Class A stock (FCNCA) through a Schedule 13G SEC filing. The investment firm beneficially owns 554,572 shares, with sole voting power over 506,435 shares and sole dispositive power over all 554,572 shares. This filing indicates a passive investment rather than an attempt to control the company.
First Citizens Bank to Expand Commercial Solutions and Align Brand Names in Q4 2026
First Citizens Bank announced plans to expand its commercial solutions and align its brand names in the fourth quarter of 2026. This initiative aims to streamline its corporate identity and enhance its offerings to commercial clients. The announcement was made via a press release, with Quantisnow alerting its Plus members shortly after publication.
First Citizens Bank to Expand Commercial Solutions and Align Brand Names in Q4 2026
First Citizens Bank announced plans to expand its commercial banking capabilities and rebrand several divisions in Q4 2026. Silicon Valley Bank will become First Citizens Innovation Banking and First Citizens Fund Banking, while CIT Commercial Services and the Silicon Valley Bank Wine division will rebrand as First Citizens Bank. This rebranding aligns with the bank's strategy to bolster its commitment to the innovation economy and private equity sector, with an emphasis on retaining existing client experiences.
First Citizens BancShares Reports First Quarter 2026 Earnings
First Citizens BancShares reported first-quarter 2026 earnings, with net income at $534 million, down from $580 million in the linked quarter. Despite decreases in net interest income and noninterest income, the company highlighted strong loan and deposit growth, resilient credit quality, and significant capital return to stockholders through share repurchases and prepayment of the Purchase Money Note. Capital and liquidity positions remain robust, with capital ratios well above regulatory requirements.
First Citizens BancShares Declares Dividends
First Citizens BancShares, Inc. (Nasdaq: FCNCA) announced that its Board of Directors has declared dividends on both its common and preferred stock. These dividends are scheduled to be paid on June 15, 2026, to shareholders of record as of May 29, 2026. The declaration includes various dividend amounts for different classes of common and preferred stock.
First Citizens BancShares Declares Dividends
First Citizens BancShares, Inc. (Nasdaq: FCNCA) announced that its Board of Directors has declared dividends for both common and various series of preferred stock. These dividends are scheduled to be paid on June 15, 2026, to shareholders of record as of May 29, 2026. This includes a quarterly common stock dividend of $2.10 per share and regular quarterly dividends for several series of preferred stock.
First Citizens Bank to Expand Commercial Solutions and Align Brand Names in Q4 2026
First Citizens Bank announced plans to expand its commercial banking capabilities and align its brand names in Q4 2026. This initiative includes rebranding Silicon Valley Bank as First Citizens Innovation Banking and First Citizens Fund Banking, while CIT Commercial Services and the Silicon Valley Bank Wine division will become First Citizens Bank. The changes reflect a continued commitment to clients following prior acquisitions, with an emphasis on preserving tailored experiences and expanding services in areas like cryptocurrency, payments, and international banking.
First Citizens Appoints New Executive Vice President for its South Region
First Citizens Bank has appointed Holt Chetwood as its new Regional Executive Vice President for the South Region, overseeing 55 bank branches across South Carolina and parts of Georgia. Chetwood, with nearly 30 years of banking experience, will lead operations and client service in business and branch banking, aiming to grow the business in the region. His appointment highlights his deep local knowledge, leadership, and commitment to the communities served by First Citizens.
Frank B. Holding Jr. (FCNCA) records 99-share Class B gifts and refreshed trust holdings
Frank B. Holding Jr., Chairman and CEO of FIRST CITIZENS BANCSHARES INC /DE/ (FCNCA), reported routine updates to his Class A and Class B Common stock holdings. The filing details 99 Class B shares gifted to family members as custodian and provides refreshed balances across his direct, spouse, and various trust holdings, including 2025 GRATs. Holding Jr. explicitly disclaims beneficial ownership of these securities for Section 16 purposes.
First Citizens Appoints Chris Stringer to Lead the Dallas Market
First Citizens Bank has appointed Chris Stringer as the Area Executive for the Dallas-Fort Worth market, where he will oversee business and branch banking operations and drive growth. Stringer brings nearly 30 years of experience in the Dallas-Fort Worth area, having previously led commercial banking for Bank OZK. This appointment aims to strengthen First Citizens' presence in the dynamic North Texas region.
Holding family updates First Citizens BancShares (FCNCA) ownership disclosure
The Holding family has updated its ownership report for First Citizens BancShares (FCNCA) Class A common stock, now beneficially owning a combined 2,665,563 shares, or 24.98% of the outstanding class as of April 6, 2026. This amendment, primarily driven by issuer share repurchases and individual acquisition/disposition activities, details the individual holdings of five family members, with Olivia B. Holding reporting the largest stake among them. The filing also notes that some shares are pledged to secure personal borrowings and clarifies ownership in Class B common stock and depositary shares.
First Citizens BancShares, Inc. Announces Date of First Quarter 2026 Earnings Call
First Citizens BancShares, Inc. (NASDAQ: FCNCA) has announced that it will report its financial results for the quarter ended March 31, 2026, before the U.S. financial markets open on Thursday, April 23, 2026. The company will also host a live audio webcast at 9 a.m. Eastern time on the same day to discuss the results. An investor presentation and webcast link will be available on their website prior to the call.
First Citizens BancShares, Inc. Announces Date of First Quarter 2026 Earnings Call
First Citizens BancShares, Inc. announced its financial results for the quarter ended March 31, 2026, will be released before the U.S. financial markets open on Thursday, April 23, 2026. The company will also host a live audio webcast on the same day at 9 a.m. Eastern time to discuss these results. An investor presentation and webcast link will be available on the company's website, with a replay accessible after the event.
Insider at First Citizens (NASDAQ: FCNCA) buys Class A shares in open market
Ralph Mattox Snow III, a director at First Citizens BancShares (NASDAQ: FCNCA), recently purchased 11 shares of Class A Common stock in an open-market transaction on March 5, 2026. The purchase, valued at $1,944.2225 per share, increased his direct ownership to 121 shares. This transaction signals a positive sentiment from an insider regarding the company's stock.
Harris Associates reveals 8.1% FCNCA stake in First Citizens BancShares (FCNCA)
Harris Associates L.P. and its general partner, Harris Associates, Inc., filed an amended Schedule 13G/A, disclosing a beneficial ownership of 928,944 shares of First Citizens BancShares, Inc. Class A common stock. This represents an 8.1% stake in the company as of December 31, 2025. The filing indicates a passive investment, held in the ordinary course of business, with no intention to change or influence the control of First Citizens BancShares.
First Citizens BancShares Stock (FCNCA): Market Guide and Performance
This article provides a comprehensive analysis of First Citizens BancShares (FCNCA) stock, highlighting its strategic acquisition of Silicon Valley Bank in 2023 and strong financial performance in Q4 2025. It details the company's various stock classes, analyst ratings, and strategic position within the regional banking sector, while also outlining key risks and suggesting a diversified investment approach.
First Citizens Bank Chairman and CEO Frank B. Holding Appointed to Federal Reserve Board of Governors' Federal Advisory Council
Frank B. Holding, Chairman and CEO of First Citizens Bank, has been appointed to the Federal Reserve Board of Governors' Federal Advisory Council (FAC) for 2026, representing the Fifth District. The FAC, comprising 12 banking industry representatives, advises the Board of Governors on matters within its jurisdiction. First Citizens BancShares, Inc. is a top 20 U.S. financial institution with over $200 billion in assets.
First Citizens Bank Chairman and CEO Frank B. Holding Appointed to Federal Reserve Board of Governors' Federal Advisory Council
Frank B. Holding, Chairman and CEO of First Citizens Bank, has been appointed to the Federal Reserve Board of Governors' Federal Advisory Council. This announcement was delivered by Quantisnow, a real-time market data platform that provides alerts on financial news. The platform highlighted related insider transactions involving Frank B. Holding, as well as recent SEC filings by First Citizens BancShares Inc.
First Citizens Bank Chairman and CEO Frank B. Holding Appointed to Federal Reserve Board of Governors' Federal Advisory Council
Frank B. Holding, Chairman and CEO of First Citizens Bank, has been appointed to the Federal Reserve Board of Governors' Federal Advisory Council (FAC) for 2026, representing the Fifth District. The FAC comprises 12 banking industry representatives who advise the Board of Governors on monetary and financial system matters. Holding will contribute his perspective from a top U.S. financial institution with over $200 billion in assets.
First Citizens BancShares Declares Dividends
First Citizens BancShares (NASDAQ: FCNCA) has declared dividends for its Class A and Class B common stock, as well as Series A, B, and C preferred stock. The company increased its common stock dividend from $0.75 per share to $1.64 per share, payable on December 15, 2023. This increase reflects the company's strong financial performance and overall stability, as stated by Chairman and CEO Frank B. Holding Jr.
First Citizens BancShares Reports Fourth Quarter 2025 Earnings
First Citizens BancShares reported net income of $580 million for Q4 2025, an increase from the linked quarter, with adjusted net income at $648 million. The company announced plans to acquire 138 branches from BMO Bank N.A., expecting to assume $5.7 billion in deposits and acquire $1.1 billion in loans. Significant capital was returned to stockholders through $900 million in share repurchases and a $2.5 billion prepayment of the Purchase Money Note, while maintaining strong capital and liquidity positions.
First Citizens BancShares rises nearly 4% on strong Q4 earnings beat
First Citizens BancShares (NASDAQ:FCNCA) saw its shares rise nearly 4% in after-hours trading following a significant beat on Q4 adjusted earnings per share, driven by strong loan growth and stable credit quality. The bank reported $51.27 EPS against an analyst consensus of $44.40, with revenue reaching $2.44 billion. The company also announced an agreement to acquire 138 branches from BMO Bank, expanding its presence in various U.S. regions.
First Citizens BancShares Reports Fourth Quarter 2025 Earnings
First Citizens BancShares reported net income of $580 million for Q4 2025, an increase from $568 million in Q3 2025, driven by strong loan growth and stable credit quality. The company announced the acquisition of 138 BMO Bank branches, expecting to assume $5.7 billion in deposits and acquire $1.1 billion in loans. Additionally, BancShares returned $900 million to stockholders through share repurchases and prepaid $2.5 billion of the Purchase Money Note, maintaining strong capital and liquidity positions.
First Citizens BancShares rises nearly 4% on strong Q4 earnings beat
First Citizens BancShares (NASDAQ:FCNCA) reported strong Q4 adjusted earnings of $51.27 per share, significantly surpassing analyst expectations of $44.40. The company's shares rose by 3.81% in after-hours trading due to robust loan growth led by its Global Fund Banking division and stable credit quality. First Citizens also announced an agreement to acquire 138 branches from BMO Bank, expanding its presence across several U.S. regions.
First Citizens BancShares Declares Dividends
First Citizens BancShares, Inc. announced that its Board of Directors has declared dividends for various classes of its common and preferred stock. These dividends are scheduled to be paid on March 16, 2026, to shareholders of record as of February 27, 2026. The announcement details quarterly dividends for Class A and Class B common stock, as well as several series of non-cumulative perpetual preferred stock.
First Citizens BancShares rises nearly 4% on strong Q4 earnings beat
First Citizens BancShares (NASDAQ:FCNCA) saw its shares rise by nearly 4% in after-hours trading after reporting adjusted Q4 2025 earnings of $51.27 per share, significantly exceeding analyst estimates of $44.40. The strong performance was attributed to robust loan growth, particularly in Global Fund Banking, and stable credit quality. The bank also announced plans to acquire 138 branches from BMO Bank, expanding its presence across several U.S. regions.
First Citizens BancShares rises nearly 4% on strong Q4 earnings beat
First Citizens BancShares (NASDAQ:FCNCA) exceeded analyst expectations for its Q4 adjusted earnings, driven by strong loan growth and stable credit quality, causing its shares to rise by 3.81% in after-hours trading. The company reported adjusted EPS of $51.27, far surpassing the consensus of $44.40, with revenue reaching $2.44 billion. Key highlights include growth in its Global Fund Banking division, a significant reduction in provision for credit losses, continued share repurchases, and an upcoming acquisition of 138 branches from BMO Bank.
First Citizens BancShares rises nearly 4% on strong Q4 earnings beat
First Citizens BancShares, Inc. (NASDAQ:FCNCA) reported adjusted Q4 earnings of $51.27 per share, significantly exceeding analyst expectations of $44.40, and saw its shares rise by 3.81%. The strong performance was driven by loan growth, particularly in its Global Fund Banking division, and stable credit quality. The bank also continued its capital return program, repurchasing shares and announcing an agreement to acquire 138 branches from BMO Bank.
Silicon Valley Bank Releases 25th Annual State of the US Wine Industry Report
Silicon Valley Bank (SVB) has released its 25th annual State of the US Wine Industry Report, forecasting an improvement in demand decline for the wine industry in 2026, with a market bottoming out in 2027-2028 before returning to modest growth. The report highlights that industry sales declined in 2025 by 2.0% in cases and 1.6% in dollars, an improvement over 2024, despite profit margin compression and higher inventory levels. Wineries are urged to fundamentally alter consumer engagement, inventory management, and brand value to navigate the multi-year demand correction.
First Citizens BancShares, Inc. Announces Chief Risk Officer Transition, Names Successor
First Citizens BancShares, Inc. announced that Lorie K. Rupp will retire as Chief Risk Officer, effective June 1, 2026, after 13 years with the bank. Tom Eklund, the current Treasurer and a 20-year veteran of First Citizens Bank, has been named as her successor. This transition ensures a smooth leadership change in the company's risk management organization.
First Citizens BancShares, Inc. Announces Chief Risk Officer Transition, Names Successor
First Citizens BancShares, Inc. announced the retirement of Lorie K. Rupp, its Executive Vice President and Chief Risk Officer, effective June 1, 2026. Tom Eklund, the current Treasurer and a 20-year veteran of First Citizens Bank, will succeed Rupp in the role. This transition allows for a smooth handover of responsibilities in risk management.
First Citizens BancShares, Inc. Announces Chief Risk Officer Transition, Names Successor
First Citizens BancShares, Inc. (NASDAQ: FCNCA) has announced that Lorie K. Rupp, Executive Vice President and Chief Risk Officer, will retire effective June 1, 2026. She will be succeeded by Tom Eklund, the current Treasurer and a 20-year veteran of First Citizens Bank. This transition allows for a smooth handover of responsibilities in leading the company's risk management organization.
