Company: FCNCB
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000798941-25-000050
Chunk: 342

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 8
Chunk 342
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 the discussion of our financial position by comparing balances as of September 30, 2025 to December 31, 2024, however the tables also provide the linked quarter balances. 

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Table 1Selected Financial Data

dollars in millions, except share dataThree Months EndedNine Months EndedSeptember 30, 2025June 30,2025September 30, 2024September 30, 2025September 30, 2024Results of Operations:Interest income$2,998 $2,945 $3,138 $8,838 $9,352 Interest expense1,264 1,250 1,342 3,746 3,918 Net interest income1,734 1,695 1,796 5,092 5,434 Provision for credit losses191 115 117 460 276 Net interest income after provision for credit losses1,543 1,580 1,679 4,632 5,158 Noninterest income699 678 650 2,012 1,916 Noninterest expense1,491 1,500 1,456 4,484 4,218 Income before income taxes751 758 873 2,160 2,856 Income tax expense183 183 234 534 779 Net income568 575 639 1,626 2,077 Preferred stock dividends14 14 15 43 46 Net income available to common stockholders$554 $561 $624 $1,583 $2,031 Per Common Share Information:Weighted average common shares outstanding (diluted)12,849,339 13,237,226 14,375,974 13,217,940 14,481,919 Diluted earnings per common share$43.08 $42.36 $43.42 $119.70 $140.26 Key Performance Metrics:Return on average assets0.98 %1.01 %1.15 %0.95 %1.27 %Net interest margin (1)3.26 3.26 3.53 3.26 3.62 Net interest margin, excluding purchase accounting accretion or amortization (1) (2)3.15 3.14 3.33 3.13