Earnings
First Citizens' Fund Banking Unit Booked Close To $6 Billion In New Deals, But Growth Will Slow
Executives said the capital-call lending business is winning share from rivals, while utilization should ease from a multiyear high near 40%.
FCNCA
First Citizens BancShares (FCNCA) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
Earnings
First Citizens Plans To Retire Its Remaining FDIC Note By End Of 2027, Prepaying $3.5 Billion To $4 Billion A Quarter
The bank has already paid down $17 billion, about 47% of the note's original principal, and says deposit growth will fund the rest.
SEC Filings
First Citizens Profit Slips To $606 Million As BMO Branches Lift Deposits $11.84 Billion
The Raleigh bank also bought back $600 million of stock, prepaid $8.0 billion of its FDIC note and authorized $1.2 billion of buybacks for 2027.