Company: FCNCB
Filing Date: 2025-11-14
Form Type: 424B5
Source: 0001193125-25-283229
Chunk: 1

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-14
Form: 424B5
Chunk 1
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 in arrears, on the fifteenth day of each March, June, September, and December, commencing on March 15, 2031 (or the next business day if any such date is not a business day, without adjustment in the amount of the dividend per share of the Series D Preferred Stock). Dividends on the Series D Preferred Stock will be non-cumulative.If, for any reason, our board of directors or a duly authorized committee of our board of directors does not authorize and we do not declare full cash dividends on the Series D Preferred Stock for a dividend period (as defined herein), holders of the Series D Preferred Stock will have no right to receive any dividend or a full dividend for that period, whether or not our board of directors or a duly authorized committee of our board authorizes and we declare dividends on our common stock, our other series of preferred stock (as described elsewhere in this prospectus supplement), or our Series D Preferred Stock for any subsequent dividend period. However, with certain limited exceptions, if we have not authorized, declared and paid or set aside for payment full dividends on the Series D Preferred Stock for any dividend period, we may not declare or pay dividends on, or redeem, purchase or acquire, our common stock or other junior securities during the next succeeding dividend period. The Series D Preferred Stock is perpetual and has no maturity date. We may redeem the Series D Preferred Stock at our option, (i) in whole or in part, from time to time, on any dividend payment date (as defined herein) on or after December 15, 2030 or (ii) in whole but not in part, within 90 days following a regulatory capital treatment event (as defined herein), in each case, at a redemption price equal to $100,000 per share (equivalent to $1,000 per depositary share), plus any authorized, declared, and unpaid dividends, and in the case of our optional redemption, without accumulation of undeclared dividends, and, in the case of a redemption following a regulatory capital treatment event, the pro-ratedportion of dividends, whether or not declared, for the dividend period in which such redemption occurs. If we redeem the Series D Preferred Stock, the depositary (as defined herein) will redeem a proportional number of depositary shares. Neither the holders of Series D Preferred Stock nor holders of depositary shares will have the right to require the redemption or repurchase of the Series D Preferred Stock or the depositary shares. Any redemption of the Series