Company Quick10K Filing
First Citizens Bancshares
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 11 $4,982
10-Q 2019-11-05 Quarter: 2019-09-30
10-Q 2019-08-06 Quarter: 2019-06-30
10-Q 2019-05-08 Quarter: 2019-03-31
10-K 2019-02-20 Annual: 2018-12-31
10-Q 2018-11-01 Quarter: 2018-09-30
10-Q 2018-08-02 Quarter: 2018-06-30
10-Q 2018-05-03 Quarter: 2018-03-31
10-K 2018-02-21 Annual: 2017-12-31
10-Q 2017-11-02 Quarter: 2017-09-30
10-Q 2017-08-03 Quarter: 2017-06-30
10-Q 2017-05-04 Quarter: 2017-03-31
10-K 2017-02-22 Annual: 2016-12-31
10-Q 2016-10-31 Quarter: 2016-09-30
10-Q 2016-08-04 Quarter: 2016-06-30
10-Q 2016-05-05 Quarter: 2016-03-31
10-K 2016-02-24 Annual: 2015-12-31
10-Q 2015-11-04 Quarter: 2015-09-30
10-Q 2015-08-05 Quarter: 2015-06-30
10-Q 2015-05-07 Quarter: 2015-03-31
10-K 2015-02-25 Annual: 2014-12-31
10-Q 2014-11-05 Quarter: 2014-09-30
10-Q 2014-08-08 Quarter: 2014-06-30
10-Q 2014-05-07 Quarter: 2014-03-31
10-K 2014-02-26 Annual: 2013-12-31
10-Q 2013-11-07 Quarter: 2013-09-30
10-Q 2013-08-07 Quarter: 2013-06-30
10-Q 2013-05-09 Quarter: 2013-03-31
10-K 2013-03-01 Annual: 2012-12-31
10-Q 2012-11-09 Quarter: 2012-09-30
10-Q 2012-08-09 Quarter: 2012-06-30
10-Q 2012-05-10 Quarter: 2012-03-31
10-K 2012-03-07 Annual: 2011-12-31
10-Q 2011-11-09 Quarter: 2011-09-30
10-Q 2011-08-09 Quarter: 2011-06-30
10-Q 2011-05-10 Quarter: 2011-03-31
10-K 2011-03-01 Annual: 2010-12-31
10-Q 2010-11-08 Quarter: 2010-09-30
10-Q 2010-08-06 Quarter: 2010-06-30
10-Q 2010-05-10 Quarter: 2010-03-31
10-K 2010-03-01 Annual: 2009-12-31
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 Shareholder Vote
8-K 2019-05-01 Other Events, Exhibits
8-K 2019-04-30 Earnings, Regulation FD, Exhibits
8-K 2019-04-24 Enter Agreement, Regulation FD, Exhibits
8-K 2019-04-24 Other Events, 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

Annual | Quarterly

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, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Cullen/Frost Bankers (CFR) 5,851 0% 8.3 1% 31,819 28,078 1,345 0 465 706 5,851
BOK Financial (BOKF) 5,592 4.5 1% 41,893 37,175 0 0 474 950 4,256
Synovus Financial (SNV) 5,390 0% 6.7 1% 47,318 42,564 112 0 490 982 6,545
Popular (BPOP) 5,130 4.1 1% 50,617 44,897 0 0 586 1,155 4,731
First Citizens Bancshares (FCNCA) 4,982 0% 9.5 1% 37,655 34,080 87 0 438 498 4,716
CIT Group (CIT) 4,942 6.3 1% 50,558 44,642 0 0 480 1,525 9,596
Bank of The Ozarks (OZK) 4,754 6.5 2% 19,152 16,276 0 0 308 585 3,825
First Horizon National (FHN) 4,674 0% 4.0 1% 42,172 37,246 1,935 0 590 1,166 4,674
Prosperity Bancshares (PB) 4,580 8.0 1% 22,375 18,247 0 0 331 535 4,278
PacWest Bancorp (PACW) 4,529 0% 7.1 2% 26,344 21,492 1,040 0 472 822 5,834
Western Alliance (WAL) 4,495 4.6 2% 25,315 22,464 0 0 484 740 3,428
Pinnacle Financial Partners (PNFP) 4,360 6.0 1% 26,540 22,364 0 0 383 731 4,360
Sterling Bancorp (STL) 4,324 0% 9.6 1% 30,238 25,778 26 0 432 842 8,115
Webster Financial (WBS) 4,190 0% 6.8 1% 28,942 25,877 208 0 397 666 4,511
First Financial (FFIN) 4,187 19.5 2% 7,979 6,815 0 0 159 215 4,187
Wintrust Financial (WTFC) 4,141 0% 5.2 1% 33,642 30,195 1,055 0 342 736 3,840
Iberiabank (IBKC) 4,023 5.7 1% 31,447 27,209 0 0 433 805 4,609
FNB (FNB) 3,765 6.0 1% 33,903 29,150 0 0 390 765 4,604
United Bankshares (UBSI) 3,716 10.6 1% 19,883 16,549 0 0 259 498 5,264
First Hawaiian (FHB) 3,461 0% 6.9 1% 20,526 17,867 752 0 270 462 3,177

Balance Sheet ($MM)2010-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash460534604534540336327
Accounts Receivable
Inventory
PP&E8431,4741,1251,1361,1331,1381,204
Assets20,80721,19930,07531,47632,99134,52835,409
Accounts Payable
Long-Term Debt810511351704833870320
Liabilities19,07419,12227,38828,60429,97831,19331,920
Stockholders' Equity1,7332,0772,6882,8723,0123,3343,489
Income Statement ($MM)2010-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue22170
Cost of Revenue
Gross Profit
R&D
SG&A
Tax187103128137109220103
Net Income193168139210225324400
Cash Flow ($MM)2010-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating147331182233232352766
Cash Investing-130-225-18-1,248-1,100-669-211
Cash Financing-37-212-94945874113-564