Company: FCNCB
Filing Date: 2025-11-14
Form Type: 424B5
Source: 0001193125-25-283229
Chunk: 44

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-14
Form: 424B5
Chunk 44
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 dividend payment date”). Upon payment of any dividends on our Series A Preferred Stock, holders of Series A depositary shares receive a proportionate payment. Dividends on our Series A Preferred Stock are not cumulative. If our board of directors or a duly authorized committee of our board of directors does not declare a dividend on our Series A Preferred Stock in respect of a dividend period, then no dividend is deemed to have accrued for such dividend period, is payable on the applicable Series A dividend payment date, or is cumulative, and we will have no obligation to pay any dividend for that dividend period, whether or not our board of directors or a duly authorized committee of our board of directors declares a dividend on our Series A Preferred Stock for any future dividend period. So long as any Series A Preferred Stock remains outstanding, unless full dividends for the most recently completed dividend period have been declared and paid (or declared and a sum sufficient for the payment thereof has been set aside) on all outstanding shares of our Series A Preferred Stock, we may not, subject to certain important exceptions:

| • |     | declare, pay, or set aside for payment any dividend or distribution on any shares of capital stock ranking junior 
 to our Series A Preferred Stock as to dividend or liquidation rights;                                             |

| • |     | repurchase, redeem, or otherwise acquire for consideration, directly or indirectly, any shares of our capital 
 stock ranking junior to our Series A Preferred Stock as to dividend or liquidation rights; or                 |

| • |     | repurchase, redeem, or otherwise acquire for consideration, directly or indirectly, any shares of our capital                                                            
 stock ranking on parity with our Series A Preferred Stock as to dividend or liquidation rights, including our Series B Preferred Stock and our Series C Preferred Stock. |

S-27

Notwithstanding the foregoing, if dividends are not paid in full, or set aside for payment
in full, upon the shares of our Series A Preferred Stock and any shares of capital stock ranking on a parity with our Series A Preferred Stock as to dividend rights (“Series A dividend parity stock”), dividends may be declared and paid
upon shares of our Series A Preferred Stock and the Series A dividend parity stock pro rata in proportion to the respective amounts of undeclared and unpaid dividends on our Series A Preferred Stock and all parity stock payable on such Series A
dividend payment date.

Subject to the foregoing, and not otherwise, dividends (payable in cash, stock, or otherwise) may be declared and
paid on our common stock