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First Citizens BancShares Announces Chief Risk Officer Transition

Story Highlights
  • First Citizens’ long-serving Chief Risk Officer Lorie Rupp will retire June 1, 2026.
  • Treasurer Tom Eklund will succeed Rupp as Chief Risk Officer, ensuring continuity in risk governance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
First Citizens BancShares Announces Chief Risk Officer Transition

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An announcement from First Citizens BancShares ( (FCNCA) ) is now available.

On Jan. 14, 2026, First Citizens BancShares announced that Executive Vice President and Chief Risk Officer Lorie K. Rupp will retire effective June 1, 2026, after a 13-year tenure at the bank and more than 30 years in financial services, during which she strengthened the company’s risk management framework through a period of significant growth. The company plans for current Treasurer and 20-year bank veteran Tom Eklund, who has extensive experience in capital, market, liquidity and compliance risk management, to succeed her as Chief Risk Officer, signaling a continuity-focused transition designed to preserve a robust risk governance structure and support the bank’s long-term strategic objectives.

The most recent analyst rating on (FCNCA) stock is a Buy with a $2427.00 price target. To see the full list of analyst forecasts on First Citizens BancShares stock, see the FCNCA Stock Forecast page.

Spark’s Take on FCNCA Stock

According to Spark, TipRanks’ AI Analyst, FCNCA is a Outperform.

First Citizens BancShares shows a solid overall performance, driven by strong financial health and strategic corporate actions. The robust earnings call and recent corporate events further bolster its position. However, high leverage and potential overbought technical indicators present risks that should be monitored.

To see Spark’s full report on FCNCA stock, click here.

More about First Citizens BancShares

First Citizens BancShares, Inc. is a top-20 U.S. financial institution and Fortune 500 financial holding company for First-Citizens Bank & Trust Company, with more than $200 billion in assets. Headquartered in Raleigh, N.C., it provides a wide range of general and commercial banking services, innovation banking for businesses at all stages, and a nationwide direct bank, supported by a network of branches and offices across the United States.

Average Trading Volume: 94,551

Technical Sentiment Signal: Strong Buy

Current Market Cap: $26.5B

For a thorough assessment of FCNCA stock, go to TipRanks’ Stock Analysis page.

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