Education
About Us
Working with TipRanks
Follow Us
First Citizens BancShares (FCNCA)
NASDAQ:FCNCA
Earnings Data
Report Date
Aug 05, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
39.35Last Year’s EPS
50.87Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Apr 24, 2025
|% Change Since: 1.28%
|Next Earnings Date:Aug 05, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong financial performance with notable achievements in loan and deposit growth, capital management, and credit performance. However, there are challenges related to decreased noninterest income, margin compression, and macroeconomic uncertainties. Despite these challenges, the company's proactive strategies and strong capital position provide confidence in navigating the uncertain environment.Company Guidance
During the First Citizens BancShares, Inc. first quarter 2025 earnings call, the company reported adjusted earnings per share of $37.79, aligned with their guidance. The firm achieved strong loan growth in its commercial bank and SVB commercial segments, alongside robust deposit growth in their direct bank and branch network. Credit performance was stable with net charge-offs at 41 basis points, the lower end of their guidance range. They returned $613 million to shareholders through share repurchases, totaling $2.3 billion since the program's inception. The company issued $1.25 billion in debt to bolster funding and capital. The termination of a loss share agreement with the FDIC reflects confidence in SVB's portfolio quality. The firm maintains a strong capital position with a CET1 ratio of 12.19%, aiming for a 10.5% to 11% range by Q1 2026. They anticipate loans reaching $142-$144 billion and deposits at $158-$161 billion in Q2. Despite market volatility, the company remains focused on strategic priorities, with adjusted noninterest income expected to be $480-$510 million in Q2 and noninterest expense to increase modestly. The full-year tax rate is projected between 25% and 26%.Strong Financial Performance
Adjusted earnings per share of $37.79, with adjusted net income of $528 million, demonstrating solid financial results aligned with guidance.
Robust Loan and Deposit Growth
Commercial bank loans grew by $733 million and SVB commercial loans by $440 million. Deposits increased by $4.1 billion or about 2.6% sequentially, exceeding guidance.
Successful Capital Management
Returned $613 million to shareholders through share repurchases, and reentered the debt markets successfully with $500 million of senior unsecured borrowings and $750 million of subordinated debt.
Termination of FDIC Loss Share Agreement
Terminated the loss share agreement with the FDIC, reflecting confidence in the quality of the SVB portfolio.
Resilient Credit Performance
Net charge-offs declined to 41 basis points, coming in at the low end of the guidance range, indicating stable credit performance.
---
FCNCA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
FCNCA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 24, 2025 | $1772.04 | $1790.65 | +1.05% |
| Jan 24, 2025 | $2214.37 | $2222.87 | +0.38% |
| Oct 24, 2024 | $2078.85 | $1876.55 | -9.73% |
| Jul 25, 2024 | $1857.38 | $2045.67 | +10.14% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does First Citizens BancShares (FCNCA) report earnings?
First Citizens BancShares (FCNCA) is schdueled to report earning on Aug 05, 2025, TBA Not Confirmed.
What is First Citizens BancShares (FCNCA) earnings time?
First Citizens BancShares (FCNCA) earnings time is at Aug 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FCNCA EPS forecast?
FCNCA EPS forecast for the fiscal quarter 2025 (Q2) is 39.35.
---
