FIRST CITIZENS BANCSHARES INCFCNCA

Market cap
$17.8B
P/E ratio
197.3x
Dec 31,
2010
Dec 31,
2011
Dec 31,
2012
Dec 31,
2013
Dec 31,
2014
Dec 31,
2015
Dec 31,
2016
Dec 31,
2017
Dec 31,
2018
Dec 31,
2019
Dec 31,
2020
Dec 31,
2021
Dec 31,
2022
Dec 31,
2023
Interest and fees on loans9159689687577018758769561,0731,2171,3331,2952,9538,187
Interest on investment securities------------354648
Interest on deposits at banks------------1061,556
Total interest income9691,0151,0057977609699881,1041,2461,4041,4841,4513,41310,391
Deposits149102583425211816227667333352,497
Borrowings------------1321,182
Total interest expense195144905750444344379396614673,679
Net interest income7748719157407109259451,0601,2091,3111,3881,3902,9466,712
Provision for credit losses------------6451,165
Credit Loss Expense (Reversal)-------------1,375
Net interest income after provision for credit losses6316397727727099049121,0341,1801,2801,3301,4272,301-
Net interest income after provision for credit losses-------------5,337
Operating Lease, Lease Income------------864971
Financial Service, Other------------163268
Asset Management------------142188
Client investment fees-------------157
Deposit Account------------100156
Asset Management------------142188
Factoring commissions------------10482
International fees-------------93
Cardholder services, net------------102139
Deposit Account------------100156
Merchant services, net------------3548
Factoring commissions------------10482
Insurance commissions------------4754
Cardholder services, net------------102139
Merchant services, net------------3548
Insurance commissions------------4754
Noninterest income9691,0151,0057977609699881,1041,2461,4041,4841,4513,41310,391
Debt Securities, Available-for-Sale, Realized Gain (Loss)---------760---26
Equity Securities, FV-NI, Gain (Loss)---------8212933-3-11
Bank-owned life insurance------------328
Gain on sale of leasing equipment, net------------1520
Gain on acquisition-----436135--10004319,808
Gain on extinguishment of debt-10--2--127---7-
Other noninterest income723-1462936344826187997120
Total noninterest income4064641892643404674886414004164775082,13612,075
Depreciation on operating lease equipment------------345371
Maintenance and other operating lease expenses------------189222
Salaries and benefits------------1,3962,636
Occupancy, Net737575768798103105109111117117194244
Equipment expense6770757679939397103112116119216422
Professional fees------------5773
Third-party processing fees------------103203
FDIC insurance expense23161110131821221911131431158
Marketing expense------------53102
Acquisition-related expenses----1314596171729231470
Intangible asset amortization6---7232223242433262357
Other noninterest expense187205180193208270200186147139145130237377
Total noninterest expense7337937677718461,0391,0491,1321,0771,1041,1891,2343,0755,335
Income before income taxes3043101942652043323515445045926187021,36212,077
Income tax expense-115609765122126220103135126154264611
Net income1931951341681392102253244004574925471,09811,466
Preferred stock dividends------------5059
Net income available to common stockholders, basic----------4785291,04811,407
Net income available to common shareholders, diluted------------1,04811,407
Earnings Per Share, Basic---17.4313.5617.5218.7726.9633.5341.0547.553.8867.47785.14
Earnings Per Share, Diluted------------67.4784.51
Income before income taxes3043101942652043323515445045926187021,36212,077
Income tax expense-115609765122126220103135126154264611
Net income1931951341681392102253244004574925471,09811,466
Preferred stock dividends------------5059
Net income available to common stockholders, basic----------4785291,04811,407
Net income available to common shareholders, diluted------------1,04811,407
Earnings Per Share, Basic---17.4313.5617.5218.7726.9633.5341.0547.553.8867.47785.14
Earnings Per Share, Diluted------------67.4784.51