First Citizens BancShares Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	2,206	2,777	11,466	1,098	547
Depreciation & Amortization	405	130	-57	533	143
Provision for Credit Losses	514	431	1,375	645	-37
Stock-Based Compensation	5	-3	-6	19	-
Net Change in Loans Held-for-Sale	152	211	-47	63	-87
Other Adjustments	-177	-23	-9,920	-275	-109
Changes in Other Operating Activities	172	-528	-194	708	-741
Operating Cash Flow	2,923	2,988	2,660	2,791	-284
Operating Cash Flow Growth	-2.17%	12.33%	-4.69%	-	-
Net Change in Short-Term Interbank Lending and Reverse Repurchase Agreements	1,489	12,560	4,943	6,965	-4,767
Net Change in Loans Held-for-Investment	-8,712	-7,130	6,374	-5,099	423
Net Change in Securities and Investments	3,454	-13,788	-9,913	-666	-3,117
Payments for Business Acquisitions	-	-	810	134	-
Capital Expenditures	-1,562	-1,535	-1,428	-926	-107
Sale of Property, Plant & Equipment	314	269	262	156	42
Other Investing Activities	-594	-546	1,396	-489	-42
Investing Cash Flow	-5,611	-10,155	2,429	75	-7,568
Net Change in Deposits	6,524	9,461	265	-1,691	7,976
Net Change in Short-Term Interbank Borrowing and Repurchase Agreements	-143	-118	39	-153	-52
Short-Term Debt Issued	-	-	500	-	-
Short-Term Debt Repaid	-	-	-2,250	-1,355	-
Net Short-Term Debt Issued (Repaid)	-	-	-1,750	-1,355	-
Long-Term Debt Issued	1,838	-	9,991	3,854	-
Long-Term Debt Repaid	-2,850	-450	-13,120	-5,099	-54
Net Long-Term Debt Issued (Repaid)	-1,012	-450	-3,129	-1,245	-54
Repurchase of Common Stock	-3,027	-1,648	-	-1,240	-
Net Common Stock Issued (Repurchased)	-3,027	-1,648	-	-1,240	-
Issuance of Preferred Stock	494	-	-	-	-
Net Preferred Stock Issued (Repurchased)	494	-	-	-	-
Common Dividends Paid	-161	-158	-117	-83	-42
Other Financing Activities	-	-14	-7	-24	-
Financing Cash Flow	2,675	7,073	-4,699	-2,686	7,828
Net Cash Flow	-13	-94	390	180	-24
Free Cash Flow	1,361	1,453	1,232	1,865	-391
Free Cash Flow Growth	-6.33%	17.94%	-33.94%	-	-
FCF Margin	15.08%	15.58%	7.08%	42.03%	-20.21%
Free Cash Flow Per Share	104.67	101.31	84.73	119.94	-39.83
Levered Free Cash Flow	152	333	4,849	-1,237	-230
Unlevered Free Cash Flow	-985	-1,933	-1,679	315	-705

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.