Company: FCNCB
Filing Date: 2025-09-04
Form Type: 424B5
Source: 0001193125-25-195116
Chunk: 9

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-09-04
Form: 424B5
Chunk 9
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 Road, Raleigh, NC 27609, and our telephone number is (919) 716-7000.

S-1

SUMMARY OF THE NOTES OFFERING The following summary contains basic information about the Notes and this offering and is not intended to be complete. It does not contain all the information that you should consider before deciding whether to invest in the Notes. For a complete understanding of the Notes, you should read the section of this prospectus supplement titled “Description of Notes.”

| Issuer | First Citizens BancShares, Inc., a Delaware corporation and a financial holding company. |

| Notes Offered | $600,000,000 aggregate principal amount of 5.600% fixed rate reset subordinated notes due 2035 (the “Notes”). |

| From (and including) the Reset Date to (but excluding) the Maturity Date or the date of earlier redemption, interest will accrue on the Notes at a rate per annum that will be the Five-year U.S. Treasury Rate (as defined 
 herein) as of the day falling two Business Days (as defined herein) prior to the Reset Date (the “Reset Determination Date”) plus 185 basis points per annum.                                                               |

| Business Day Convention |

| If any Interest Payment Date is not a Business Day, payment of principal and interest will be postponed to the next day that is a Business Day, but interest on that payment will not accrue during the period from and 
 after the originally scheduled Interest Payment Date.                                                                                                                                                                   |

| Record Date | The fifteenth calendar day (whether or not a Business Day) preceding the related Interest Payment Date. |

| Day Count Convention | 360-day year consisting of twelve 30-day months. |

S-2

| No Guarantees | The Notes are not guaranteed by any of BancShares’ subsidiaries. As a result, the Notes will be structurally subordinated to the liabilities of BancShares’ subsidiaries as discussed below under “Description of 
 Notes—Ranking; Subordination.”                                                                                                                                                                                    |

| Ranking; Subordination | The Notes will be unsecured and subordinated in right of payment to all of our existing and future Senior Indebtedness (as defined in the Subordinated Indenture and described below under “Description of Notes—Ranking;                           
 Subordination”), will be effectively subordinated in right of payment to all of our existing and future secured indebtedness, to the extent of the value of the collateral securing such indebtedness, will rank equally in right of payment to all