# FIRST CITIZENS BANCSHARES INC /DE/ (FCNCA) · Edgar & Edgarette company card

> First Citizens Bancshares (FCNCA) saw revenue fall 2.2% in FY2025 to $9.5 billion, equity 9.7% of assets, and dividend per share up 9 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 798941 · fiscal year ended 2025-12-31 · 4 audited years read · [page](https://www.pops4.com/boards/company/FCNCA) · [JSON](https://www.pops4.com/boards/company/FCNCA.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $9.5B |
| Revenue growth, 1 year | -2.2% |
| Revenue growth per year | 23.4% |
| Operating margin | — |
| Net margin | 23.1% |
| Operating cash flow | $2.9B |
| Capital spending | $710M |
| Free cash flow | $2.2B |
| Cash | $801M |
| Long-term debt | $35.8B |
| Total assets | $229.7B |
| Total equity | $22.2B |
| Equity ÷ assets | 9.7% |
| Return on equity | 9.9% |
| Dividend per share | $7.95 |
| Dividend years rising | 9 |

## Readings, computed from those figures

- Piotroski F: 5 of 9 (middling)
- Health Harbor boat: Sound ship · one warning sign · revenue is hard to predict: its 80% range is ±75%
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $9.5B (FY2025), total debt $35.8B. Experience: revenue down 2.2% on the year, up 23.4% a year over 3 years. Soundness: equity 9.7% of assets, return on equity 9.9%, payout 7.3% of profit, dividend per share up 9 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $3.9B and $27.2B next year (method v4.1: its own 3-year record of growth weighed at 40% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $1.9B to $55.3B. A statistical range, not company guidance. Against peers (31 filers, $50M+ revenue, state commercial banks): growth -2.2% against 7.5%.

Range logged 2026-09-28, receipt 5ba4741558b62c7c, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 1, latest 2026-01-14 ([filing](https://www.sec.gov/Archives/edgar/data/798941/000079894126000007/0000798941-26-000007-index.htm))

## Recent filings

- 8-K · filed 2026-10-23 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/798941/000079894126000041/0000798941-26-000041-index.htm)
- 8-K · filed 2026-09-14 · 3.03 Material Modifications to Rights of Security Holders; 5.03 Amendments to Articles or Bylaws; Change in Fiscal Year; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/798941/000119312526390576/0001193125-26-390576-index.htm)
- 8-K · filed 2026-09-08 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/798941/000079894126000034/0000798941-26-000034-index.htm)
- 10-Q · filed 2026-08-07 · [filing](https://www.sec.gov/Archives/edgar/data/798941/000079894126000031/0000798941-26-000031-index.htm)
- 8-K · filed 2026-07-23 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/798941/000079894126000027/0000798941-26-000027-index.htm)
- 10-Q · filed 2026-05-08 · [filing](https://www.sec.gov/Archives/edgar/data/798941/000079894126000024/0000798941-26-000024-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000798941.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=798941

## Cite

POPS4, Edgar & Edgarette: FIRST CITIZENS BANCSHARES INC /DE/ (FCNCA) company card, from the company's own SEC filings, accessed 2026-11-05, https://www.pops4.com/boards/company/FCNCA. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.