Company: FCNCB
Filing Date: 2025-03-07
Form Type: 424B5
Source: 0001193125-25-049895
Chunk: 9

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-03-07
Form: 424B5
Chunk 9
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 of the senior notes, you should read the section of this prospectus supplement titled “Description of Notes— Senior Notes.”

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

| Notes Offered | $500,000,000 aggregate principal amount of 5.231% Fixed-to-Floating Rate Senior Notes due 2031 (the “senior notes”). |

| Interest Rate | Fixed Rate Period |

| Floating Rate Period |

| The interest rate for each quarterly interest period during the senior notes floating rate period (each, a “floating rate interest period”) will be calculated quarterly on the applicable Interest Determination                               
 Date. Except as described herein, “Interest Determination Date” means, for any senior notes floating rate interest payment date (as defined below), the second U.S. Government Securities Business Day (as defined herein) preceding such date. |

| Interest Payment Dates | Fixed Rate Period |

S-2

| Floating Rate Period |

| Business Day Convention |

| If any scheduled senior notes fixed rate interest payment date is not a Business Day (as defined herein), 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 senior notes fixed rate interest payment date.                                                                                           |

| If any scheduled senior notes floating rate interest payment date (other than the senior notes maturity date) falls on a day that is not a Business Day, then such senior notes floating rate interest payment date will be                           
 postponed to the next succeeding Business Day unless such day falls in the next succeeding calendar month, in which case such senior notes floating rate interest payment date will be accelerated to the immediately preceding Business Day, and, in 
 each such case, the amounts payable on such Business Day will include interest accrued to (but excluding) such Business Day.                                                                                                                          |

| If the senior notes maturity date or date of redemption of the senior notes is not a Business Day, we will pay interest and principal on the next succeeding Business Day, but interest on that payment will not accrue 
 during the period from and after the senior notes maturity date or date of redemption.                                                                                                                                  |

| Record Date | The fifteenth calendar day (whether or not a Business Day) preceding the related senior notes interest payment date. |

| Day Count Convention | Fixed rate period: 360-day year consisting of twelve 30-day months. |

| Floating rate period: 360-day year and the actual number