First Citizens BancShares (FCNCA) FCNCA Q2 Financial Results Summary

# First Citizens BancShares (FCNCA) Q2 2025 Financial Results Summary

**Release Date: July 25, 2025**

First Citizens BancShares, Inc. (“BancShares”) has reported its financial results for the second quarter of 2025. Below is a summary of key financial metrics, operational highlights, and other notable aspects from the report.

## Financial Highlights

– **Net Income:**
– Q2 2025: $575 million
– Linked Quarter (Q1 2025): $483 million
– **Increase**: $92 million (19.1% increase year-over-year)
– Net income attributable to common stockholders:
– Q2 2025: $561 million ($42.36 per common share)
– Linked Quarter: $468 million ($34.47 per common share)
– **Increase**: $93 million (19.8% increase year-over-year)

– **Adjusted Net Income:**
– Q2 2025: $607 million
– Linked Quarter: $528 million
– **Increase**: $79 million (15.0% increase year-over-year)

– **Net Interest Income:**
– Q2 2025: $1.70 billion
– Linked Quarter: $1.67 billion
– **Increase**: $32 million (1.9% increase from the linked quarter)

– **Net Interest Margin (NIM):**
– Q2 2025: 3.26% (consistent with Q1)
– NIM excluding Purchase Accounting Accretion (PAA):
– Q2 2025: 3.14%
– Q1 2025: 3.12%
– **Increase**: 2 basis points (bps)

– **Noninterest Income:**
– Q2 2025: $678 million
– Linked Quarter: $635 million
– **Increase**: $43 million (6.8% increase)

– **Noninterest Expense:**
– Q2 2025: $1.50 billion
– Linked Quarter: $1.49 billion
– **Increase**: $7 million (0.5% increase)

## Balance Sheet Summary

– **Loans and Leases:**
– Total: $141.27 billion
– Decrease from Q1 2025: $89 million (0.3% annualized decrease)

– **Deposits:**
– Total: $159.94 billion
– Increase from Q1 2025: $610 million (1.5% annualized growth)

– **Investment Securities:**
– Total: $43.35 billion
– Decrease from Q1 2025: $973 million

## Credit Quality

– **Provision for Credit Losses:**
– Q2 2025: $115 million
– Linked Quarter: $154 million
– **Decrease**: $39 million

– **Net Charge-Offs:**
– Q2 2025: $119 million (0.33% of average loans)
– Linked Quarter: $144 million (0.41% of average loans)
– **Decrease**: $25 million

– **Nonaccrual Loans:**
– Q2 2025: $1.32 billion (0.93% of loans)
– Q1 2025: $1.21 billion (0.85% of loans)
– **Increase**: $110 million

## Capital and Liquidity

– **Share Repurchase Plan:**
– During Q2 2025, BancShares repurchased 338,959 shares for $613 million.
– New repurchase plan approved for up to **$4.0 billion** of Class A common shares.

– **Dividend Declared:**
– **Dividend payment**: $1.95 per share on Class A and Class B common stock.

– **Liquidity Position:**
– Liquid assets: $63.62 billion (compared to $62.79 billion in Q1 2025)

## Additional Notes

– **Credit Quality Reserves:**
– The allowance for loan and lease losses totaled $1.67 billion, a decrease of $8 million from the linked quarter.

– **Capital Ratios:**
– Total risk-based capital: **14.25%**
– Tier 1 risk-based capital: **12.63%**
– Common equity Tier 1 risk-based capital: **12.12%**
– Tier 1 leverage ratio: **9.64%**

This summary captures the essential elements of First Citizens BancShares’ financial performance for the second quarter of 2025. Further details are available in the company’s formal earnings release.