News & Events

Results of Operations and Financial Condition. On April 23, 2026, First Citizens BancShares, Inc. (“BancShares”) announced its results of operations for the quarter ended March 31, 2026. Copies of BancShares’ press release and financial supplement containing this information are included with this Current Report on Form 8-K (this “Report”) as Exhibit 99.1 and Exhibit 99.3, respectively, and are incorporated into this

Other Events. On March 3, 2026, First Citizens BancShares, Inc. (the “Company”) issued and sold $500,000,000 aggregate principal amount of its 4.869% Fixed-to-Floating Rate Senior Notes due 2032 (the “Notes”) in a public offering pursuant to a registration statement on Form S-3 (File No. 333-281553) (the “Registration Statement”) filed with the Securities and Exchange Commission (the “Commission”) on August 14, 2024, as supplemented by a prospectus supplement dated February 25, 2026 (the “Pro…

Material Modification to Rights of Security Holders. On February 3, 2026, First Citizens BancShares, Inc., a Delaware corporation (the “Company”), filed a certificate of designation (the “Certificate of Designation”) with the Secretary of State of the State of Delaware, establishing the rights, preferences, privileges, qualifications, restrictions and limitations of a new series of its preferred stock designated as the “6.625% Non-Cumulative Perpetual Preferred Stock, Series E”, par value $0.…

Results of Operations and Financial Condition. On January 23, 2026, First Citizens BancShares, Inc. (“BancShares”) announced its results of operations for the quarter ended December 31, 2025. Copies of BancShares’ press release and financial supplement containing this information are included with this Current Report on Form 8-K (this “Report”) as Exhibit 99.1 and Exhibit 99.3, respectively, and are incorporated into this

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 12, 2026, Lorie K. Rupp, Chief Risk Officer of First Citizens BancShares, Inc. (the “BancShares”), notified BancShares of her intent to retire from her positions with BancShares and First-Citizens Bank & Trust Company, effective June 1, 2026. Tom Eklund, current Treasurer of BancShares, is expected to succeed Ms. Rupp as Chief Risk Offic…

Material Modification to Rights of Security Holders. On November 14, 2025, First Citizens BancShares, Inc., a Delaware corporation (the “Company”), filed a certificate of designation (the “Certificate of Designation”) with the Secretary of State of the State of Delaware, establishing the rights, preferences, privileges, qualifications, restrictions and limitations of a new series of its preferred stock designated as the “7.000% Non-Cumulative Perpetual Preferred Stock, Series D”, par value $0…

Results of Operations and Financial Condition. On October 23, 2025, First Citizens BancShares, Inc. (“BancShares”) announced its results of operations for the quarter ended September 30, 2025. Copies of BancShares’ press release and financial supplement containing this information are included with this Current Report on Form 8-K (this “Report”) as Exhibit 99.1 and Exhibit 99.3, respectively, and are incorporated into this

Other Events. On September 5, 2025, First Citizens BancShares, Inc. (the “Company”) issued and sold $600,000,000 aggregate principal amount of its 5.600% Fixed Rate Reset Subordinated Notes due 2035 (the “Notes”) in a public offering pursuant to a registration statement on Form S-3 (File No. 333-281553) (the “Registration Statement”) filed with the Securities and Exchange Commission (the “Commission”) on August 14, 2024, as supplemented by a prospectus supplement dated September 2, 2025 (the…

Other Events. On July 25, 2025, BancShares announced that its Board of Directors (the “Board”) had authorized a share repurchase program (the “2025 SRP”), which will allow BancShares to repurchase shares of its Class A common stock in an aggregate amount up to $4.0 billion through 2026. Repurchases of BancShares’ Class A common stock under the 2025 SRP may commence upon completion of BancShares’ share repurchase program announced on July 25, 2024 (the “2024 SRP”). Under the 2025 SRP, shares o…

Results of Operations and Financial Condition. On July 25, 2025, First Citizens BancShares, Inc. (“BancShares”) announced its results of operations for the quarter ended June 30, 2025. Copies of BancShares’ press release and financial supplement containing this information are included with this Current Report on Form 8-K (this “Report”) as Exhibit 99.1 and Exhibit 99.3, respectively, and are incorporated into this

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (d) On June 24, 2025, the Board of Directors (the “Board”) of First Citizens BancShares, Inc. (“BancShares”), in accordance with its bylaws, appointed Diane Morais, age 60, to the Board effective July 1, 2025. Ms. Morais will serve as a director until BancShares’ 2026 Annual Meeting of Stockholders and, if re-elected, thereafter until her successor…

Results of Operations and Financial Condition. On April 24, 2025, First Citizens BancShares, Inc. (“BancShares”) announced its results of operations for the quarter ended March 31, 2025. Copies of BancShares’ press release and financial supplement containing this information are included with this Current Report on Form 8-K (this “Report”) as Exhibit 99.1 and Exhibit 99.3, respectively, and are incorporated into this

Termination of a Material Definitive Agreement. On April 7, 2025, First-Citizens Bank & Trust Company (“FCB”), a North Carolina chartered commercial bank and direct, wholly owned subsidiary of First Citizens BancShares, Inc. (“BancShares”), entered into a Termination Agreement (the “Termination Agreement”) with the Federal Deposit Insurance Corporation (the “FDIC”) to provide for the early termination of the commercial shared-loss agreement (the “Shared-Loss Agreement”) executed by and betwee…