Company: FCNCB
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000798941-25-000040
Chunk: 95

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 1
Chunk 95
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$707 $1,058 $1,438 Other comprehensive income (loss), net of taxNet unrealized gain (loss) on securities available for sale89 (22)328 (113)Net change in defined benefit pension items(3)(8)(3)(8)Net unrealized (loss) gain on cash flow hedge derivatives(1)2 6 2 Other comprehensive income (loss), net of tax$85 $(28)$331 $(119)Total comprehensive income$660 $679 $1,389 $1,319 

See accompanying Notes to the Unaudited Consolidated Financial Statements.

6

First Citizens BancShares, Inc. and Subsidiaries

Consolidated Statements of Changes in Stockholders’ Equity (Unaudited)

Three Months Endeddollars in millions, except per share dataPreferred StockClass A Common StockClass B Common StockAdditional Paid in CapitalRetained EarningsAccumulated Other Comprehensive (Loss) IncomeTotal Stockholders' EquityBalance at March 31, 2025$881 $12 $1 $1,798 $19,802 $(199)$22,295 Net income— — — — 575 — 575 Other comprehensive income, net of tax— — — — — 85 85 Repurchased 338,959  shares of Class A common stock— — — (619)— — (619)Cash dividends declared ($1.95 per common share):Class A common stock— — — — (24)— (24)Class B common stock— — — — (2)— (2)Preferred stock dividends declared:Series A— — — — (4)— (4)Series B— — — — (7)— (7)Series C— — — — (3)— (3)Balance at June 30, 2025$881 $12 $1 $1,179 $20,337 $(114)$22,296 Balance at March 31, 2024$881 $14 $1 $4,099 $17,435 $(582)$21,848 Net income— — — — 707 — 707 Other comprehensive loss, net of tax— —