Company: FCNCB
Filing Date: 2025-11-14
Form Type: 424B5
Source: 0001193125-25-283229
Chunk: 0

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-14
Form: 424B5
Chunk 0
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Filed Pursuant to Rule 424(b)(5)
Registration No. 333-281553 PROSPECTUS SUPPLEMENT (To Prospectus Dated August 14, 2024) First Citizens BancShares, Inc. 500,000 Depositary Shares, Each Representing a 1/100th Interest in a Share of 7.000% Non-CumulativePerpetual Preferred Stock, Series D We are offering 500,000 depositary shares, each representing a 1/100th ownership interest in a share of 7.000% Non-CumulativePerpetual Preferred Stock, Series D, par value $0.01 per share, with a liquidation preference of $100,000 per share (equivalent to $1,000 per depositary share) (the “Series D Preferred Stock”). As a holder of depositary shares, you will be entitled to all proportional rights and preferences of the Series D Preferred Stock (including dividend, voting, redemption, liquidation, and other rights). You must exercise such rights through the depositary for the shares of the Series D Preferred Stock. Dividends on the Series D Preferred Stock will be payable when, as, and if authorized by our board of directors or a duly authorized committee of our board of directors and declared by us out of legally available funds. From the issue date to, but excluding, December 15, 2030, dividends on the Series D Preferred Stock will accrue on a non-cumulativebasis at a rate of 7.000% per annum on the liquidation preference of $100,000 per share (equivalent to $1,000 per depositary share), payable quarterly, in arrears, on the fifteenth day of each March, June, September, and December, commencing on March 15, 2026 and ending on December 15, 2030 (or the next business day if any such date is not a business day, without adjustment in the amount of the dividend per share of the Series D Preferred Stock). From and including December 15, 2030, for each reset period, dividends on the Series D Preferred Stock will accrue on a non-cumulativebasis at the five-year treasury rate as of the most recent reset dividend determination date (as defined herein) plus 3.301% per annum for each reset period on the liquidation preference of $100,000 per share (equivalent to $1,000 per depositary share), payable quarterly,