Company: FCNCB
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000798941-25-000040
Chunk: 5

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 2
Chunk 5
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, however the tables also provide the Linked Quarter balances. 

58

Table 1

Selected Financial Data 

dollars in millions, except share dataThree Months EndedSix Months EndedJune 30, 2025March 31, 2025June 30, 2024June 30, 2025June 30, 2024Results of Operations:Interest income$2,945 $2,895 $3,130 $5,840 $6,214 Interest expense1,250 1,232 1,309 2,482 2,576 Net interest income1,695 1,663 1,821 3,358 3,638 Provision for credit losses115 154 95 269 159 Net interest income after provision for credit losses1,580 1,509 1,726 3,089 3,479 Noninterest income678 635 639 1,313 1,266 Noninterest expense1,500 1,493 1,386 2,993 2,762 Income before income taxes758 651 979 1,409 1,983 Income tax expense183 168 272 351 545 Net income575 483 707 1,058 1,438 Preferred stock dividends14 15 16 29 31 Net income available to common stockholders$561 $468 $691 $1,029 $1,407 Per Common Share Information:Weighted average common shares outstanding (diluted)13,237,226 13,575,231 14,534,499 13,405,295 14,535,472 Diluted earnings per common share$42.36 $34.47 $47.54 $76.73 $96.80 Key Performance Metrics:Return on average assets1.01 %0.87 %1.30 %0.94 %1.33 %Net interest margin (1)3.26 3.26 3.64 3.26 3.66 Net interest margin, excluding purchase accounting accretion or amortization (1)(2)3.14 3.12 3.36 3.13 3.36 Select Average Balances:Investment securities$43,935 $43,555 $36,