First Citizens BancShares Inc (Delaware)

Chart & Performance

D1W1MN

P/E

7.65

P/S

1.72

EPS

207.09

Div Yield, %

0.31%

Shrs. gr., 5y

5.18%

Rev. gr., 5y

48.21%

Revenues

12.35b

+62.45%

Net income

2.78b

-75.78%

CFO

2.99b

+12.33%

Dividend

Aug 30, 20241.64 USD/sh

Earnings

Apr 23, 2025

Profile

First Citizens BancShares, Inc. operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals. The company's deposit products include checking, savings, money market, and time deposit accounts. Its loan product portfolio comprises commercial construction and land development, commercial mortgage, commercial and industrial, and lease financing loans, as well as small business administration paycheck protection program loans; and consumer loans, such as residential and revolving mortgage, construction and land development, consumer auto, and other consumer loans. The company also offers treasury services products, cardholder and merchant services, wealth management services, and various other products and services; investment products, including annuities, discount brokerage services, and third-party mutual funds, as well as investment management and advisory services; and defined benefit and defined contribution, insurance, private banking, trust, fiduciary, philanthropy, and special asset services. The company provides its products and services through its branch network, as well as through digital banking, telephone banking, and various ATM networks. As of December 31, 2021, it operated 529 branches in Arizona, California, Colorado, Florida, Georgia, Kansas, Maryland, Missouri, North Carolina, New Mexico, Oklahoma, Oregon, South Carolina, Tennessee, Texas, Virginia, Washington, Wisconsin, and West Virginia. First Citizens BancShares, Inc. was founded in 1898 and is headquartered in Raleigh, North Carolina.

URL

https://ir.firstcitizens.com/

IPO date

Oct 22, 1986

Employees

10,375

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	12,353,000 62.45%	7,604,000 67.45%	4,541,000 146.98%
Cost of revenue	3,511,000	6,642,000	3,664,000
Unusual Expense (Income)
NOPBT	8,842,000	962,000	877,000
NOPBT Margin	71.58%	12.65%	19.31%
Operating Taxes	815,000	611,000	264,000
Tax Rate	9.22%	63.51%	30.10%
NOPAT	8,027,000	351,000	613,000
Net income	2,777,000 -75.78%	11,466,000 944.26%	1,098,000 100.73%
Dividends	(158,000)	(117,000)	(83,000)
Dividend yield	0.52%	0.57%	0.70%
Proceeds from repurchase of equity	(1,648,000)		(1,240,000)
BB yield	5.44%		10.52%
Debt
Debt current	367,000		1,750,000
Long-term debt	744,000	37,970,000	4,466,000
Deferred revenue			(1,675,000)
Other long-term liabilities	200,753,000	154,938,000	91,629,000
Net debt	196,000	562,000	(14,650,000)
Cash flow
Cash from operating activities	2,988,000	2,660,000	2,791,000
CAPEX	(1,106,000)	(1,428,000)	(926,000)
Cash from investing activities	(10,155,000)	2,429,000	75,000
Cash from financing activities	7,073,000	(4,699,000)	(2,686,000)
FCF	(96,103,000)	107,295,000	(21,972,574)
Balance
Cash	915,000	908,000	518,000
Long term investments		36,500,000	20,348,000
Excess cash	297,350	37,027,800	20,638,950
Stockholders' equity	19,797,000	17,147,000	5,553,000
Invested Capital	223,789,650	86,459,000	98,910,000
ROIC	5.17%	0.38%	1.03%
ROCE	3.95%	0.93%	0.83%
EV
Common stock shares outstanding	14,343	14,540	15,550
Price	2,113.02 48.91%	1,418.97 87.11%	758.36 -8.61%
Market cap	30,306,317 46.90%	20,631,275 74.95%	11,792,456 44.76%
EV	31,383,317	22,074,275	(1,976,544)
EBITDA	8,972,000	905,000	1,410,000
EV/EBITDA	3.50	24.39
Interest	5,210,000	3,679,000	467,000
Interest/NOPBT	58.92%	382.43%	53.25%