Company: FCNCB
Filing Date: 2025-03-06
Form Type: 424B5
Source: 0001193125-25-047965
Chunk: 12

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-03-06
Form: 424B5
Chunk 12
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ior notes First Par Call Date”), we may redeem the senior notes at our option, in whole or in part, at any time and from time to time, at a redemption price (expressed as a percentage of 
 principal amount and rounded to three decimal places) equal to the greater of:                                                                                                                                                               |

| (1) (a) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted to the |

S-4

| redemption date (assuming the senior notes matured on the senior notes First Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of                   
 twelve 30-day months) at the Treasury Rate (as defined in “Description of Notes—Senior Notes—Redemption”) plus    basis points less (b) interest accrued to (but excluding) 
 the date of redemption, and                                                                                                                                                 |

| (2) 100% of the principal amount of the senior notes to be redeemed, |

| plus, in either case, accrued and unpaid interest thereon to (but excluding) the redemption date. |

| On the senior notes First Par Call Date, we may redeem the senior notes, in whole but not in part, and on or after   , 20   (one month prior to the senior notes maturity date), we may redeem the                                                 
 senior notes, in whole or in part, at any time and from time to time, in each case at a redemption price equal to 100% of the principal amount of the senior notes being redeemed, plus accrued and unpaid interest thereon to (but excluding) the 
 redemption date. See “Description of Notes—Senior Notes—Redemption.”                                                                                                                                                                               |

| Sinking Fund | There is no sinking fund for the senior notes. |

| Future Issuance | The senior notes will initially be limited to an aggregate principal amount of $ . BancShares may, from time to time, without notice to or consent of the holders of the senior notes, increase the aggregate principal amount of the                
 senior notes outstanding by issuing additional senior notes in the future with the same terms as the senior notes, except for the issue date, the offering price, and the first senior notes interest payment date, and such additional notes may be 
 consolidated with the senior notes issued in this offering and form a single series; provided that, if any such additional senior notes are not fungible with the senior notes for U.S. federal income tax purposes,