Company: FCNCB
Filing Date: 2025-10-16
Form Type: 8-K
Source: 0000798941-25-000043
Chunk: 1

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-10-16
Form: 8-K
Item: Item 8.01
Chunk 1
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Item 8.01. Other Events.

On October 16, 2025, First Citizens Bank entered into an agreement to acquire 138 branches from BMO Bank N. A. (“ BMO Bank”) located throughout the Midwest, Great Plains and West regions of the U. S. (the “ BMO Branch Acquisition”). In connection with the BMO Branch Acquisition, First Citizens Bank will assume approximately $5.7 billion in deposit liabilities and acquire approximately $1.1 billion in loans. BancShares expects the transaction to close in mid-2026, subject to customary closing terms and conditions and regulatory approvals.