The Investor
23 Oct 2025, 18:43
First Citizens BancShares Reports Q3 2025 Results
First Citizens BancShares, Inc. (Nasdaq: FCNCA) reported net income of $568 million for the third quarter of 2025, slightly down from $575 million in Q2. Adjusted net income was $587 million, or $44.62 per share.
Chairman and CEO Frank B. Holding, Jr. said the company achieved solid performance with growth in loans and deposits across all segments, led by SVB Commercial, while returning $900 million to shareholders through buybacks.
The company also announced plans to acquire 138 branches from BMO Bank N.A., assuming $5.7 billion in deposits and $1.1 billion in loans, expanding its presence across the Midwest, Great Plains, and West. The transaction is expected to close in mid-2026, pending regulatory approval.
Key Metrics:
• Net interest income: $1.73 billion, up $39 million from Q2
• Net interest margin: 3.26% (3.15% excluding purchase accounting accretion)
• Noninterest income: $699 million, up $21 million
• Noninterest expense: $1.49 billion, down $9 million from Q2
Holding highlighted strong capital and liquidity positions that support future strategic growth.
First Citizens BancShares, Inc. (Nasdaq: FCNCA) reported net income of $568 million for the third quarter of 2025, slightly down from $575 million in Q2. Adjusted net income was $587 million, or $44.62 per share.
Chairman and CEO Frank B. Holding, Jr. said the company achieved solid performance with growth in loans and deposits across all segments, led by SVB Commercial, while returning $900 million to shareholders through buybacks.
The company also announced plans to acquire 138 branches from BMO Bank N.A., assuming $5.7 billion in deposits and $1.1 billion in loans, expanding its presence across the Midwest, Great Plains, and West. The transaction is expected to close in mid-2026, pending regulatory approval.
Key Metrics:
• Net interest income: $1.73 billion, up $39 million from Q2
• Net interest margin: 3.26% (3.15% excluding purchase accounting accretion)
• Noninterest income: $699 million, up $21 million
• Noninterest expense: $1.49 billion, down $9 million from Q2
Holding highlighted strong capital and liquidity positions that support future strategic growth.
