First Financial Statements From 2010 to 2026

FCNCA Stock  USD 2,180  25.26  1.17%   
First Citizens' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing First Citizens' valuation are provided below:
Gross Profit
B
Profit Margin
0.2441
Market Capitalization
26.5 B
Enterprise Value Revenue
6.6167
Revenue
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 2026 to make sure the company can sustain itself down the road. The current year's Market Cap is expected to grow to about 25.1 B

First Citizens Total Revenue

15.22 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 448.4 M, Interest Expense of 5.2 B or Selling General Administrative of 4.3 B, as well as many indicators such as Price To Sales Ratio of 1.43, Dividend Yield of 0.0035 or PTB Ratio of 0.98. First financial statements analysis is a perfect complement when working with First Citizens Valuation or Volatility modules.
  
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Check out the analysis of First Citizens Correlation against competitors.

First Citizens Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets241.2 B229.7 B82.3 B
Slightly volatile
Short and Long Term Debt Total37.8 B36 B10.1 B
Slightly volatile
Other Current Liabilities170.9 B162.7 B54 B
Slightly volatile
Total Current Liabilities171.1 B162.9 B53.1 B
Slightly volatile
Total Stockholder Equity23.3 B22.2 B7.8 B
Slightly volatile
Property Plant And Equipment Net12.7 B12.1 B4.1 B
Slightly volatile
Retained Earnings21.8 B20.8 B6.7 B
Slightly volatile
Cash21.6 B20.6 B6.5 B
Slightly volatile
Non Current Assets Total64.8 B61.7 B39.8 B
Slightly volatile
Other Assets261.7 B249.2 B72 B
Slightly volatile
Cash And Short Term Investments21.9 B20.8 B14.1 B
Slightly volatile
Common Stock Shares Outstanding12 M12.4 M11.6 M
Slightly volatile
Short Term Investments220.4 M232 M8.1 B
Slightly volatile
Liabilities And Stockholders Equity241.2 B229.7 B82.3 B
Slightly volatile
Non Current Liabilities Total46.7 B44.5 B17 B
Slightly volatile
Other Stockholder Equity2.9 B2.8 B1.3 B
Slightly volatile
Total Liabilities217.8 B207.5 B66.7 B
Slightly volatile
Property Plant And Equipment Gross16 B15.3 B4.8 B
Slightly volatile
Total Current Assets176.4 B168 B33 B
Slightly volatile
Short Term Debt212.8 M224 M644.7 M
Very volatile
Common Stock12.2 M12 M11.7 M
Slightly volatile
Common Stock Total Equity11.9 M17.2 M12 M
Slightly volatile
Other Liabilities1.7 B1.6 B772.1 M
Slightly volatile
Accounts Payable146.4 M154.1 M19.7 B
Slightly volatile
Long Term Debt44.3 B42.2 B10.2 B
Slightly volatile
Property Plant Equipment9.8 B9.4 B3.3 B
Slightly volatile
Good Will213.7 M397.9 M230.8 M
Slightly volatile
Other Current Assets878.4 M924.6 M10.1 B
Pretty Stable
Intangible Assets204.8 M195 M105 M
Slightly volatile
Net Receivables153.7 B146.4 B18.3 B
Slightly volatile
Net Tangible Assets10 B9.5 B4.5 B
Slightly volatile
Retained Earnings Total Equity3.2 B6.2 B3.4 B
Slightly volatile
Long Term Debt TotalB7.6 B2.5 B
Slightly volatile
Capital SurpluseB4.7 BB
Slightly volatile
Long Term Investments56.4 B53.7 B27 B
Slightly volatile
Non Current Liabilities Other4.3 B4.1 B1.5 B
Slightly volatile
Earning Assets6.8 B7.5 B8.4 B
Slightly volatile
Capital Lease Obligations449.2 M427.8 M102.3 M
Slightly volatile
Net Invested Capital70.1 B66.7 B18.9 B
Slightly volatile
Capital Stock535.7 MB298 M
Slightly volatile

First Citizens Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Expense5.2 BB1.2 B
Slightly volatile
Selling General Administrative4.3 B4.1 B1.3 B
Slightly volatile
Total Revenue15.2 B14.5 B4.6 B
Slightly volatile
Gross Profit9.4 B8.9 B3.2 B
Slightly volatile
Other Operating Expenses12.1 B11.5 BB
Slightly volatile
Operating Income3.1 BB1.6 B
Slightly volatile
EBIT3.1 BB1.6 B
Slightly volatile
EBITDA3.6 B3.4 B1.8 B
Slightly volatile
Cost Of Revenue5.9 B5.6 B1.5 B
Slightly volatile
Income Before Tax3.1 BB1.6 B
Slightly volatile
Net Income2.3 B2.2 B1.4 B
Slightly volatile
Income Tax Expense803.2 M765 M270.8 M
Slightly volatile
Net Income Applicable To Common Shares1.3 B1.2 B527.8 M
Slightly volatile
Selling And Marketing Expenses149.1 M142 M37.6 M
Slightly volatile
Net Income From Continuing Ops3.4 B3.2 B1.5 B
Slightly volatile
Non Recurring8.3 M8.1 M10.2 M
Slightly volatile
Tax Provision984.1 M937.2 M302.6 M
Slightly volatile
Net Interest Income8.6 B8.2 B2.7 B
Slightly volatile
Interest Income14.9 B14.2 B3.9 B
Slightly volatile
Reconciled Depreciation195.3 M149.5 M150.6 M
Slightly volatile
Non Operating Income Net Other21.2 M23.9 M26.1 M
Slightly volatile
Preferred Stock And Other Adjustments30.3 M57.5 M24.2 M
Slightly volatile

First Citizens Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow607.3 MB531 M
Slightly volatile
Net Income3.4 B3.2 B1.5 B
Slightly volatile
End Period Cash Flow487.1 M732.6 M547.8 M
Very volatile
Change To Inventory3.5 M3.7 M22.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.431.83032.308
Pretty Stable
Dividend Yield0.00350.00370.0059
Slightly volatile
PTB Ratio0.981.19321.1918
Slightly volatile
Days Sales Outstanding3.9 K3.7 K499
Slightly volatile
Book Value Per Share1.9 K1.8 K616
Slightly volatile
Stock Based Compensation To Revenue4.0E-45.0E-40.0029
Slightly volatile
PB Ratio0.981.19321.1918
Slightly volatile
EV To Sales1.582.8932.5526
Pretty Stable
ROIC0.04540.03290.0622
Pretty Stable
Net Income Per Share187178102
Slightly volatile
Payables Turnover26.2637.8923.3383
Slightly volatile
Sales General And Administrative To Revenue0.240.28320.3431
Pretty Stable
Capex To Revenue0.06940.09250.08
Slightly volatile
Cash Per Share1.8 K1.7 K1.3 K
Slightly volatile
Interest Coverage0.570.59855.1431
Very volatile
Payout Ratio0.04230.04460.064
Slightly volatile
Days Payables Outstanding9.479.9789.2185
Slightly volatile
ROE0.0880.09920.1237
Slightly volatile
PE Ratio10.0112.027812.0343
Pretty Stable
Return On Tangible Assets0.00750.00960.0113
Slightly volatile
Earnings Yield0.07780.08310.111
Pretty Stable
Intangibles To Total Assets0.00220.00240.006
Slightly volatile
Current Ratio1.081.0310.3872
Slightly volatile
Tangible Book Value Per Share1.8 K1.8 K589
Slightly volatile
Receivables Turnover0.09410.09911.8517
Slightly volatile
Graham Number2.8 K2.7 K1.1 K
Slightly volatile
Shareholders Equity Per Share1.9 K1.8 K616
Slightly volatile
Debt To Equity1.71.61920.7907
Slightly volatile
Capex Per Share10196.3333.2101
Slightly volatile
Revenue Per Share1.2 K1.2 K363
Slightly volatile
Interest Debt Per Share3.5 K3.3 K860
Slightly volatile
Debt To Assets0.160.15680.0724
Slightly volatile
Enterprise Value Over EBITDA12.9612.34238.0791
Slightly volatile
Price Earnings Ratio10.0112.027812.0343
Pretty Stable
Operating Cycle3.9 K3.7 K499
Slightly volatile
Price Book Value Ratio0.981.19321.1918
Slightly volatile
Days Of Payables Outstanding9.479.9789.2185
Slightly volatile
Dividend Payout Ratio0.04230.04460.064
Slightly volatile
Pretax Profit Margin0.180.20490.2955
Slightly volatile
Operating Profit Margin0.180.20490.2955
Slightly volatile
Effective Tax Rate0.350.25750.2817
Slightly volatile
Company Equity Multiplier13.8310.329111.5412
Slightly volatile
Long Term Debt To Capitalization0.650.61670.3003
Slightly volatile
Total Debt To Capitalization0.470.61820.3926
Slightly volatile
Return On Capital Employed0.04230.04450.0939
Pretty Stable
Debt Equity Ratio1.71.61920.7907
Slightly volatile
Ebit Per Revenue0.180.20490.2955
Slightly volatile
Quick Ratio1.081.0310.3872
Slightly volatile
Net Income Per E B T0.540.74250.7118
Slightly volatile
Cash Ratio0.130.12640.0683
Slightly volatile
Cash Conversion Cycle3.9 K3.7 K489
Slightly volatile
Days Of Sales Outstanding3.9 K3.7 K499
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.420.440.6414
Very volatile
Price To Book Ratio0.981.19321.1918
Slightly volatile
Fixed Asset Turnover1.871.20131.3681
Slightly volatile
Enterprise Value Multiple12.9612.34238.0791
Slightly volatile
Debt Ratio0.160.15680.0724
Slightly volatile
Price Sales Ratio1.431.83032.308
Pretty Stable
Return On Assets0.00750.00960.0113
Slightly volatile
Asset Turnover0.06930.06310.0519
Very volatile
Net Profit Margin0.130.15220.2241
Slightly volatile
Gross Profit Margin0.580.61440.8101
Pretty Stable
Price Fair Value0.981.19321.1918
Slightly volatile
Return On Equity0.0880.09920.1237
Slightly volatile

First Citizens Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap25.1 B23.9 B24.8 B
Slightly volatile
Enterprise Value33.6 B37.7 B41.2 B
Slightly volatile

First Fundamental Market Drivers

Forward Price Earnings11.6279
Cash And Short Term Investments20.8 B

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 Revenue14.5 B15.2 B
Cost Of Revenue5.6 B5.9 B
Sales General And Administrative To Revenue 0.28  0.24 
Capex To Revenue 0.09  0.07 
Revenue Per Share1.2 K1.2 K
Ebit Per Revenue 0.20  0.18 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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:
Check out the analysis of First Citizens Correlation against competitors.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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. Market participants price First higher when confident in its future expansion prospects. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive First Citizens assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
(0.07)
Dividend Share
7.95
Earnings Share
165.32
Revenue Per Share
694.946
Quarterly Revenue Growth
0.062
Understanding First Citizens BancShares requires distinguishing between market price and book value, where the latter reflects First's accounting equity. The concept of intrinsic value - what First Citizens' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push First Citizens' price substantially above or below its fundamental value.
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. In contrast, First Citizens' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.