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First-Citizens Bank & Trust

First-Citizens Bank & Trust
1898 FOUNDED
PUBLIC STATUS
5K-10K EMPLOYEES
FCNCA STOCK SYMBOL
32 INVESTMENTS
$448.29 SHARE PRICE (As of Wednesday Closing)
Description

First Citizens BancShares is the bank holding company of First Citizens Bank & Trust Company. FCB was founded as the Bank of Smithfield in North Carolina, and has expanded through both de novo branching and acquisitions. FCB currently operates in nearly half of the continental United States, but principally takes deposits in the Carolinas. The bank's operations have historically been influenced by the Holding family, which has traditionally held executive and director positions, as well as controlling a large percentage of its outstanding stock. FCB provides a wide range of retail and commercial banking services, including traditional lending and deposit-taking, as well as trust and wealth management. FCB's main source of revenue is net interest income.

Formerly Known As
Bank of Smithfield
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Regional Banks
Stock Exchange
NAS
Primary Office
  • 239 Fayetteville Street
  • Raleigh, NC 27601
  • United States

+1 (919) 000-0000
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First-Citizens Bank & Trust Stock Performance

52 wk Range Market Cap Prev. Close EPS Average Volume Shares
$355.18 - $488.44 $5.04B $445.61 $34.86 39.8K 11.4M

First-Citizens Bank & Trust Financials Summary

In Thousands,
USD
TTM
31-Mar-2019
FY 2018
31-Dec-2018
FY 2017
31-Dec-2017
FY 2016
31-Dec-2016
Revenue 1,588,218 1,552,479 1,408,958 1,296,967
Net Income 411,441 400,313 323,752 225,482
Total Assets 35,961,670 35,408,629 34,527,512 32,990,836
Total Debt 32,047,709 31,564,614 30,830,322 29,597,772
Public Fundamental Data provided by Morningstar, Inc. disclaimer

First-Citizens Bank & Trust Competitors (7)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
South State Corporation Corporation Columbia, SC 0000
000000000 Corporation Portsmouth, VA 0000
000000 0000 Corporation Kuala Lumpur, Malaysia 00000
000 00000000 0000 Corporation Columbia, MD 000
00000 00000 Corporate Backed or Acquired Champaign, IL 0000 0000 00000000 0000
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First-Citizens Bank & Trust Investments & Acquisitions (32)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000000 0000 24-Apr-2019 000000000000000000 00000 Regional Banks 00000 0000000 00.
00000 00000 0000 10-Jan-2019 000000000000000000 000.00 Regional Banks 00000 0000000 00.
00000000 0000 16-Nov-2018 000000000000000000 00000 Regional Banks 00000 0000000 00.
00000000 00000000 01-Nov-2018 000000000000000000 0000 Regional Banks 00000 0000000 00.
Capital Commerce Bancorp 02-Oct-2018 Merger/Acquisition Holding Companies 00000 0000000 00.
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First-Citizens Bank & Trust Exits (3)

Company Name Exit Date Exit Type Exit Size Status Buyers
00000 000000000 00 01-Jan-2014 000000000000000000 000 Completed
  • 00000-00000000 000
000000 0000000 000 21-Jan-2011 000000000000000000 Completed
  • 00000-00000000 000
Peoples Community Bank 01-May-2005 Merger/Acquisition Completed
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First-Citizens Bank & Trust Subsidiaries (7)

Company Name Industry Location Founded
Palmetto Heritage Bank & Trust Regional Banks Pawleys Island, SC 2005
0000 00 00000000 Investment Bank Midlothian, VA 0000
0000000 00000000 0 Commercial Bank Milwaukee, WI 0000
00000 00000000 000 Regional Banks Bridgetown, Barbados 0000
000 00000000 0000 Regional Banks Boca Raton, FL 0000
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First-Citizens Bank & Trust Executive Team (22)

Name Title Board
Seat
Contact
Info
Frank Holding Jr. Chairman, Chief Executive Officer & Member of the Board of Directors
Craig Nix Chief Financial Officer
Edward Willingham IV Chief Operating Officer
Jeff Ward Chief Strategy Officer
Chuck Burns Corporate Development Officer

3 Former Executives

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First-Citizens Bank & Trust Board Members (2)

Name Representing Role Since Contact
Info
00000 0000000 00. First-Citizens Bank & Trust Chairman, Chief Executive Officer & Member of the Board of Directors 000 0000

1 Former Board Member

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