Company Quick10K Filing
First Citizens Bancshares
10-Q 2020-03-31 Filed 2020-05-05
10-K 2019-12-31 Filed 2020-02-26
10-Q 2019-09-30 Filed 2019-11-05
10-Q 2019-06-30 Filed 2019-08-06
10-Q 2019-03-31 Filed 2019-05-08
10-K 2018-12-31 Filed 2019-02-20
10-Q 2018-09-30 Filed 2018-11-01
10-Q 2018-06-30 Filed 2018-08-02
10-Q 2018-03-31 Filed 2018-05-03
10-K 2017-12-31 Filed 2018-02-21
10-Q 2017-09-30 Filed 2017-11-02
10-Q 2017-06-30 Filed 2017-08-03
10-Q 2017-03-31 Filed 2017-05-04
10-K 2016-12-31 Filed 2017-02-22
10-Q 2016-09-30 Filed 2016-10-31
10-Q 2016-06-30 Filed 2016-08-04
10-Q 2016-03-31 Filed 2016-05-05
10-K 2015-12-31 Filed 2016-02-24
10-Q 2015-09-30 Filed 2015-11-04
10-Q 2015-06-30 Filed 2015-08-05
10-Q 2015-03-31 Filed 2015-05-07
10-K 2014-12-31 Filed 2015-02-25
10-Q 2014-09-30 Filed 2014-11-05
10-Q 2014-06-30 Filed 2014-08-08
10-Q 2014-03-31 Filed 2014-05-07
10-K 2013-12-31 Filed 2014-02-26
10-Q 2013-09-30 Filed 2013-11-07
10-Q 2013-06-30 Filed 2013-08-07
10-Q 2013-03-31 Filed 2013-05-09
10-K 2012-12-31 Filed 2013-03-01
10-Q 2012-09-30 Filed 2012-11-09
10-Q 2012-06-30 Filed 2012-08-09
10-Q 2012-03-31 Filed 2012-05-10
10-K 2011-12-31 Filed 2012-03-07
10-Q 2011-09-30 Filed 2011-11-09
10-Q 2011-06-30 Filed 2011-08-09
10-Q 2011-03-31 Filed 2011-05-10
10-K 2010-12-31 Filed 2011-03-01
10-Q 2010-09-30 Filed 2010-11-08
10-Q 2010-06-30 Filed 2010-08-06
10-Q 2010-03-31 Filed 2010-05-10
10-K 2009-12-31 Filed 2010-03-01
8-K 2020-04-28 Shareholder Vote, Exhibits
8-K 2020-04-28 Earnings, Regulation FD, Exhibits
8-K 2020-04-17 Other Events, Exhibits
8-K 2020-03-11 Shareholder Rights, Amend Bylaw, Exhibits
8-K 2020-03-05 Enter Agreement, Exhibits
8-K 2020-02-27 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2020-02-01 Other Events, Exhibits
8-K 2020-01-28 Earnings, Code of Ethics, Regulation FD, Exhibits
8-K 2020-01-28 Other Events, Exhibits
8-K 2019-12-31 Other Events, Exhibits
8-K 2019-12-20 Other Events, Exhibits
8-K 2019-12-19 Other Events, Exhibits
8-K 2019-12-16 Other Events, Exhibits
8-K 2019-12-02 Other Events
8-K 2019-10-30 Earnings, Officers, Regulation FD, Exhibits
8-K 2019-10-15 Officers
8-K 2019-09-24 Other Events, Exhibits
8-K 2019-09-18 Other Events
8-K 2019-08-01 Other Events, Exhibits
8-K 2019-07-30 Earnings, Regulation FD, Exhibits
8-K 2019-05-01 Other Events, Exhibits
8-K 2019-05-01 Shareholder Vote
8-K 2019-04-30 Earnings, Regulation FD, Exhibits
8-K 2019-04-24 Other Events, Exhibits
8-K 2019-04-24 Enter Agreement, Regulation FD, Exhibits
8-K 2019-04-02 Other Events, Exhibits
8-K 2019-01-30 Earnings, Regulation FD, Exhibits
8-K 2019-01-18 Other Events, Exhibits
8-K 2019-01-11 Other Events, Exhibits
8-K 2018-11-15 Other Events, Exhibits
8-K 2018-11-01 Other Events, Exhibits
8-K 2018-10-29 Other Events, Exhibits
8-K 2018-10-24 Earnings, Regulation FD, Exhibits
8-K 2018-10-23 Officers
8-K 2018-10-01 Other Events, Exhibits
8-K 2018-09-06 Other Events, Exhibits
8-K 2018-08-29 Other Events
8-K 2018-07-26 Earnings, Regulation FD, Exhibits
8-K 2018-07-25 Other Events, Exhibits
8-K 2018-06-27 Other Events, Exhibits
8-K 2018-04-30 Other Events, Exhibits
8-K 2018-04-25 Earnings, Regulation FD, Exhibits
8-K 2018-04-24 Shareholder Vote
8-K 2018-03-27 Other Events, Exhibits
8-K 2018-01-31 Earnings, Regulation FD, Exhibits

First Citizens Bancshares Financials

FCNCA Metrics, Comps, Filings

Quarterly | Annual

Business

First Citizens BancShares, Inc. ("we," "us," "our," "BancShares,") was incorporated under the laws of Delaware on August 7, 1986, to become the holding company of First-Citizens Bank & Trust Company ("FCB," or "the Bank"), its banking subsidiary. FCB opened in 1898 as the Bank of Smithfield in Smithfield, North Carolina, and later changed its name to First-Citizens Bank & Trust Company. BancShares has expanded through de novo branching and acquisitions and now operates in 19 states, providing a broad range of financial services to individuals, businesses and professionals. At December 31, 2018, BancShares had total assets of $35.41 billion.

Throughout its history, the operations of BancShares have been significantly influenced by descendants of Robert P. Holding, who came to control FCB during the 1920s. Robert P. Holding's children and grandchildren have served as members of the Board of Directors, as chief executive officers and in other executive management positions and, since BancShares' formation in 1986, have remained shareholders controlling a large percentage of its common stock.

The Chairman of the Board and Chief Executive Officer, Frank B. Holding, Jr., is the grandson of Robert P. Holding. Hope Holding Bryant, Vice Chairman of BancShares, is Robert P. Holding's granddaughter. Peter M. Bristow, President and Corporate Sales Executive of BancShares, is the brother-in-law of Frank B. Holding, Jr. and Hope Holding Bryant.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
East West Bancorp (EWBC) 6,663 0% 2.8 2% 43,275 38,392 42 0 659 1,336 3,773
Chemical Financial (CHFC) 6,160 0% 11.5 1% 45,693 39,999 50 0 231 495 5,697
BOK Financial (BOKF) 6,051 6.0 1% 43,127 38,290 0 0 391 810 4,824
Cullen/Frost Bankers (CFR) 5,632 0% 10.4 1% 33,098 29,217 1,022 0 340 541 5,632
First Citizens Bancshares (FCNCA) 5,339 12.3 1% 37,748 34,180 0 0 355 421 5,162
Synovus Financial (SNV) 5,313 6.0 1% 47,661 42,792 0 0 517 1,050 6,284
Popular (BPOP) 5,286 5.2 1% 52,480 46,572 0 0 504 913 4,778
First Horizon National (FHN) 5,154 0% 4.9 1% 43,718 38,722 1,333 0 331 750 3,658
Prosperity Bancshares (PB) 4,935 11.1 1% 22,093 17,966 0 0 246 406 4,514
Bank of The Ozarks (OZK) 4,754 6.5 2% 19,152 16,276 0 0 308 585 3,825
Western Alliance (WAL) 4,743 4.9 2% 26,324 23,401 0 0 492 785 3,871
First Financial (FFIN) 4,548 26.5 2% 8,114 6,909 0 0 123 172 4,548
CIT Group (CIT) 4,455 6.0 1% 51,403 45,370 0 0 491 1,499 9,053
Pinnacle Financial Partners (PNFP) 4,351 6.2 1% 27,548 23,253 0 0 400 702 4,351
PacWest Bancorp (PACW) 4,294 0% 5.7 2% 26,725 21,805 1,042 0 466 839 4,811
Webster Financial (WBS) 4,189 0% 6.4 1% 29,895 26,743 157 0 391 688 4,435
Sterling Bancorp (STL) 4,168 0% 8.0 1% 30,078 25,557 20 0 435 852 6,797
Iberiabank (IBKC) 4,053 7.1 1% 31,735 27,451 0 0 302 636 4,516
United Bankshares (UBSI) 3,949 11.0 1% 19,751 16,397 0 0 261 511 5,622
Wintrust Financial (WTFC) 3,774 0% 4.3 1% 34,912 31,372 1,088 0 349 780 3,325

Balance Sheet ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302012-03-312013-03-312013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash626494460406538553460569534543567401604496514546534458508496540502557296336248261263327269284289
Accounts Receivable
Inventory
PP&E8478458438398438648728681,4748798838921,7861,1161,1211,1241,8111,1271,1211,1351,8601,1241,1301,1321,9391,1411,1681,1672,0961,2041,2131,223
Assets21,10621,04920,80721,16721,02221,14421,35121,51121,19922,15522,06321,94230,07530,85430,89731,45031,47632,19632,23032,97232,99134,01834,77034,58434,52834,43635,08934,95535,40935,96237,65537,748
Accounts Payable
Long-Term Debt9198198108017936504445115114403153143514684767057047798518408337288808668701942412973201518112
Liabilities19,41219,33119,07419,37819,21119,25219,43219,52919,12220,05019,91419,77627,38828,08828,10328,58728,60429,23429,19529,88829,97830,91831,53031,27031,19331,06431,64231,45631,92032,43834,08034,180
Stockholders' Equity1,6931,7181,7331,7891,8101,8921,9191,9822,0772,1052,1492,1672,6882,7652,7942,8632,8722,9613,0363,0843,0123,1013,2403,3143,3343,3723,4473,4993,4893,5233,5753,568
Income Statement ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302012-03-312013-03-312013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue9087
Cost of Revenue
Gross Profit
R&D
SG&A
Tax8160980332466515
Net Income29303063213556412722272663644556435269515368135675410093117111119125
Cash Flow ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302012-03-312013-03-312013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating-34-7433712520873656328-241156314120367519129913853113484586211614080
Cash Investing-623531,474185-449-232182-3431602164-58917-559-117-695131-474-64-981396-13249-45520059-578-401
Cash Financing-36-313-1,865-178203-20-282290-165-144-76418-1347069543-10133398806-395-241-57-92-249-172379336