First Citizens Bancshares, Inc. (FIZN)

First Citizens Bancshares Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	98.11	91.63	79.53	62.39	54.21	54.06
Interest Income on Investments	26.7	24.98	23.57	20.32	16.09	15.75
Total Interest Income	124.81	116.61	103.09	82.7	70.3	69.81
Interest Paid on Deposits	55.58	55.62	41.23	12.55	5.87	11.45
Interest Paid on Borrowings	6.22	6.17	5.38	2.1	1.37	1.81
Total Interest Expense	61.8	61.79	46.62	14.65	7.24	13.26
Net Interest Income	63.01	54.82	56.48	68.05	63.06	56.55
Net Interest Income Growth (YoY)	18.16%	-2.93%	-17.01%	7.91%	11.52%	4.86%
Trust Income	2.05	2.02	1.62	1.77	1.75	1.57
Mortgage Banking Activities	1.82	1.56	1.34	2.33	4.97	5.59
Gain (Loss) on Sale of Assets	0.01	0.01	0	0	0.42	0
Gain (Loss) on Sale of Investments	-0.14	-0.14	0.21	0.87	0.31	0.88
Other Non-Interest Income	9.27	8.97	8.93	8.53	8.12	6.75
Total Non-Interest Income	18.11	17.3	16.78	18.29	19.33	19.05
Non-Interest Income Growth (YoY)	6.41%	3.08%	-8.26%	-5.33%	1.46%	17.56%
Revenues Before Loan Losses	81.12	72.12	73.26	86.35	82.39	75.6
Provision for Loan Losses	0.6	-	0.9	3.15	0.22	3.18
Revenue	80.52	72.12	72.36	83.2	82.17	72.42
Revenue Growth (YoY)	14.95%	-0.33%	-13.03%	1.26%	13.46%	4.07%
Salaries and Employee Benefits	30.05	29.14	28.07	28.52	29.05	27.14
Occupancy Expenses	5.84	5.55	5.49	5.81	5.47	5.47
Federal Deposit Insurance	1.32	1.32	1.27	0.7	0.58	0.27
Amortization of Goodwill & Intangibles	0.11	0.11	0.15	0.19	0.19	0.19
Selling, General & Administrative	9.71	9.81	10.05	9.72	9.14	8.8
Other Non-Interest Expense	6.56	7.05	6.19	6.39	5.91	5.21
Total Non-Interest Expense	53.6	52.99	51.16	51.34	50.33	47.12
EBT Excluding Unusual Items	26.92	19.14	21.2	31.86	31.83	25.31
Pretax Income	26.92	19.14	21.2	31.86	31.83	25.31
Income Tax Expense	3.15	1.53	2.47	4.68	4.88	3.31
Earnings From Continuing Operations	23.77	17.61	18.73	27.19	26.96	22
Minority Interest in Earnings	-0.12	-0.12	-0.12	-0.12	-0.12	-0.12
Net Income	23.64	17.48	18.61	27.06	26.83	21.88
Net Income to Common	23.64	17.48	18.61	27.06	26.83	21.88
Net Income Growth	45.45%	-6.06%	-31.24%	0.86%	22.66%	17.29%
Basic Shares Outstanding	4	4	4	4	4	4
Diluted Shares Outstanding	4	4	4	4	4	4
Shares Change (YoY)	-1.42%	-1.13%	-0.03%	-0.36%	-0.25%	-0.40%
EPS (Basic)	6.17	4.52	4.76	6.92	6.84	5.56
EPS (Diluted)	6.15	4.51	4.76	6.92	6.84	5.56
EPS Growth	47.26%	-5.25%	-31.25%	1.22%	22.97%	17.76%
Dividend Per Share	2.450	1.400	1.500	1.400	1.400	1.800
Dividend Growth	444.44%	-6.67%	7.14%	-	-22.22%	5.88%
Effective Tax Rate	11.71%	8.00%	11.63%	14.67%	15.32%	13.06%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.