Company: FCNCB
Filing Date: 2025-11-14
Form Type: 424B5
Source: 0001193125-25-283229
Chunk: 27

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-14
Form: 424B5
Chunk 27
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 and declared by us out of legally available funds, on a non-cumulativebasis on the $100,000 per share liquidation preference, at a rate equal to:

| (i) | 7.000% per annum for each quarterly dividend period from the issue date to, but excluding, the First Reset 
 Date; and                                                                                                  |

| (ii) | the five-year treasury rate as of the most recent reset dividend determination date plus 3.301% during each                                                                         
 reset period, for each quarterly dividend period beginning on the First Reset Date and continuing indefinitely thereafter or until such Preferred Stock is redeemed or repurchased. |

Dividends will be paid quarterly, in arrears on March 15, June 15, September 15, and December 15 of each year commencing on March 15, 2026 (each, a “dividend payment date”), with respect to the dividend period, or portion thereof, ending on the day preceding the respective dividend payment date. Each period from and including a dividend date to, but excluding, the following dividend payment date is herein referred to as a “dividend period,” except that the initial dividend period will commence on and include the issue date and last to and include March 14, 2026. Each dividend will be payable to holders of record as they appear on our records at the close of business on the 15th calendar day before the applicable dividend payment date or such other date, not less than 15 calendar days nor more than 30 days before the applicable dividend payment date, as fixed by our board of directors or a duly authorized committee of our board of directors. Dividends on the Series D Preferred Stock offered hereby will accrue from the issue date, which is expected to be November 18, 2025. If a dividend payment date is not a business day, then such date will nevertheless be a dividend payment date but dividends on the Series D Preferred Stock, when, as, and if declared, will be paid on the next succeeding business day (without adjustment in the amount of the dividend per share of the Series D Preferred Stock). Dividends payable on the Series D Preferred Stock will be computed on the basis of a 360-dayyear consisting of twelve 30-daymonths. A “reset date” means the First Reset Date and each date falling on the fifth anniversary of the preceding reset date. Reset dates, including the First Reset Date, will not be adjusted for business days. A “reset period” means the period