Company: FCNCB
Filing Date: 2025-09-02
Form Type: 424B5
Source: 0001193125-25-193496
Chunk: 0

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-09-02
Form: 424B5
Chunk 0
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Filed Pursuant to Rule 424(b)(5)
Registration No. 333-281553 The information in this preliminary prospectus supplement is not complete and may be changed. This preliminary prospectus supplement and the accompanying prospectus are not an offer to sell nor do they seek an offer to buy these securities in any jurisdiction where the offer or sale is not permitted.

SUBJECT TO COMPLETION, DATED SEPTEMBER 2, 2025 PRELIMINARY PROSPECTUS SUPPLEMENT (To Prospectus Dated August 14, 2024) First Citizens BancShares, Inc. $ % Fixed Rate Reset Subordinated Notes due 20 We are offering $ aggregate principal amount of our % fixed rate reset subordinated notes due , 20 (the “Notes”). The Notes will mature on , 20 (the “Maturity Date”). The Notes will accrue interest from (and including) , 2025 (the “Issue Date”) to (but excluding) , 20 (the “Reset Date”) at a fixed rate of % per annum, and from (and including) the Reset Date to (but excluding) the Maturity Date at a rate per annum which will be the Five-year U.S. Treasury Rate as of the Reset Determination Date (as such terms are defined herein) plus basis points per annum, in each case, payable semiannually in arrears on and of each year, commencing on , 2026, and ending on the Maturity Date. We may, at our option, redeem the Notes at the applicable times and at the applicable redemption price set forth under “Description of Notes—Redemption.” Holders of any Notes redeemed will also receive accrued and unpaid interest thereon to (but excluding) the date of redemption. The Notes will not be subject to repayment at the option of the holder at any time prior to maturity and will not be entitled to any sinking fund. The Notes will be unsecured and subordinated in right of payment to our existing and future Senior Indebtedness (as defined herein), will rank equally in right of payment with all of our existing and future indebtedness ranking on a parity with the Notes and will be senior in right of payment to any liabilities and other obligations of First Citizens BancShares, Inc., a Delaware corporation (“BancShares”), that rank junior to and not equally with or prior to the Notes. The Notes will not be guaranteed by any of our subsidiaries and, as a result, the Notes will be structurally subordinated