FCNCAFirst Citizens Bancshares Inc

The four financial statements

Every company that sells shares in the US files four statements with the SEC. Together they show whether First Citizens Bancshares made money, what it owns and owes, where its cash went, and what changed for its shareholders. Below is every line exactly as First Citizens Bancshares filed it, with what each one means in plain English.

As filed with the SEC on Feb 24, 2026 · the full report · SEC's figures viewer

Income statement · also called the statement of operations, statement of earnings or profit and loss

Did it make money?

Read it from the top down. It starts with everything customers paid (sales), takes away the cost of making what was sold, then the costs of running the company, then interest and tax. What is left at the bottom is profit (net income), the part that belongs to shareholders. It covers a stretch of time: a year, or a quarter.

People usually check: Are sales growing compared with a year earlier?
People usually check: How much of each dollar of sales is left at each step (the margins)?
People usually check: Is profit growing faster or slower than sales?

From sales to profit: tap a bar to see the lines inside it.

Point at or tap a bar to see the lines inside it.

Every line, explained

Consolidated Statements of Income, every line
Line (tap for what it means)	12 months to Dec 31, 2025	12 months to Dec 31, 2024	12 months to Dec 31, 2023
Interest income
	$9.1B▼ 4.5%	$9.5B	$8.2B
	$1.7B▲ 25%	$1.3B	$648.0M
	$992.0M▼ 33%	$1.5B	$1.6B
	$11.8B▼ 4.7%	$12.4B	$10.4B
Interest expense
	$3.6B▼ 7.9%	$3.9B	$2.5B
	$1.4B▲ 4.4%	$1.3B	$1.2B
	$5.0B▼ 4.7%	$5.2B	$3.7B
	$6.8B▼ 4.6%	$7.1B	$6.7B
	$514.0M▲ 19%	$431.0M	$1.4B
	$6.3B▼ 6.1%	$6.7B	$5.3B
Noninterest income
	$1.1B▲ 4.6%	$1.0B	$971.0M
	$3.0M▼ 50%	$6.0M	−$26.0M
	$22.0M▲ 69%	$13.0M	−$11.0M
	$30.0M	$30.0M	$20.0M
	$0	$0	$9.8B
	−$9.0M▼ 350%	−$2.0M	$0
	$160.0M▲ 8.1%	$148.0M	$136.0M
	$2.7B▲ 4.3%	$2.6B	$12.1B
Noninterest expense
	$398.0M▲ 1.0%	$394.0M	$371.0M
	$244.0M▲ 11%	$219.0M	$222.0M
	$3.3B▲ 7.0%	$3.1B	$2.6B
	$238.0M▼ 1.7%	$242.0M	$244.0M
	$555.0M▲ 10%	$504.0M	$422.0M
	$115.0M▼ 5.0%	$121.0M	$71.0M
	$268.0M▲ 17%	$230.0M	$205.0M
	$141.0M▲ 2.2%	$138.0M	$158.0M
	$142.0M▲ 87%	$76.0M	$102.0M
	$141.0M▼ 33%	$210.0M	$470.0M
	$54.0M▼ 14%	$63.0M	$57.0M
	$466.0M▲ 1.3%	$460.0M	$377.0M
	$6.1B▲ 5.6%	$5.7B	$5.3B
	$3.0B▼ 17%	$3.6B	$12.1B
	$765.0M▼ 6.1%	$815.0M	$611.0M
	$2.2B▼ 21%	$2.8B	$11.5B
	$57.0M▼ 6.6%	$61.0M	$59.0M
	$2.1B▼ 21%	$2.7B	$11.4B
	$2.1B▼ 21%	$2.7B	$11.4B
Earnings per common share
	$165.24▼ 13%	$189.42	$785.14
	$165.24▼ 13%	$189.41	$784.51
Weighted average common shares outstanding
	13.0M shares▼ 9.3%	14.3M shares	14.5M shares
	13.0M shares▼ 9.3%	14.3M shares	14.5M shares

Split by Lending-related fees, Deposit fees and service charges, Client investment fees, Wealth management services and more

Lending-related fees
Sales (Noninterest income)	$266.0M	$257.0M	$218.0M
Deposit fees and service charges
Sales (Noninterest income)	$241.0M	$230.0M	$200.0M
Client investment fees
Sales (Noninterest income)	$217.0M	$213.0M	$157.0M
Wealth management services
Sales (Noninterest income)	$229.0M	$211.0M	$188.0M
International fees
Sales (Noninterest income)	$136.0M	$119.0M	$91.0M
Factoring commissions
Sales (Noninterest income)	$73.0M	$75.0M	$82.0M
Cardholder services, net
Sales (Noninterest income)	$158.0M	$163.0M	$139.0M
Merchant services, net
Sales (Noninterest income)	$52.0M	$49.0M	$48.0M
Insurance commissions
Sales (Noninterest income)	$53.0M	$55.0M	$54.0M

Every line as the company filed it (USD ($), $ in Millions), shown in full dollars. See this statement on SEC.

Extra: What other gains and losses were there?Statement of comprehensive income: Profit, plus gains and losses that skip the income statement.

Some value changes don't count as profit yet: currency moves on businesses abroad, rises or falls in investments it hasn't sold, and some hedges and pension changes. They are added to profit here to give comprehensive income, and they build up in shareholders' equity.

Every line, explained

Consolidated Statements of Comprehensive Income, every line
Line (tap for what it means)	12 months to Dec 31, 2025	12 months to Dec 31, 2024	12 months to Dec 31, 2023
Statement of Comprehensive Income
	$2.2B	$2.8B	$11.5B
Other comprehensive income, net of tax
	$447.0M	−$7.0M	$162.0M
	$0	$1.0M	$1.0M
	$75.0M	$44.0M	$81.0M
	$6.0M	$8.0M	$0
	$528.0M	$46.0M	$244.0M
	$2.7B	$2.8B	$11.7B

Opening its latest reports…Reading every line of the four statements…Putting it into plain words…

Did it make money?

People usually check: Are sales growing compared with a year earlier?

People usually check: How much of each dollar of sales is left at each step (the margins)?

People usually check: Is profit growing faster or slower than sales?

Consolidated Statements of Income, every line
Line (tap for what it means)	12 months to Dec 31, 2025	12 months to Dec 31, 2024	12 months to Dec 31, 2023
Interest income
	$9.1B▼ 4.5%	$9.5B	$8.2B
	$1.7B▲ 25%	$1.3B	$648.0M
	$992.0M▼ 33%	$1.5B	$1.6B
	$11.8B▼ 4.7%	$12.4B	$10.4B
Interest expense
	$3.6B▼ 7.9%	$3.9B	$2.5B
	$1.4B▲ 4.4%	$1.3B	$1.2B
	$5.0B▼ 4.7%	$5.2B	$3.7B
	$6.8B▼ 4.6%	$7.1B	$6.7B
	$514.0M▲ 19%	$431.0M	$1.4B
	$6.3B▼ 6.1%	$6.7B	$5.3B
Noninterest income
	$1.1B▲ 4.6%	$1.0B	$971.0M
	$3.0M▼ 50%	$6.0M	−$26.0M
	$22.0M▲ 69%	$13.0M	−$11.0M
	$30.0M	$30.0M	$20.0M
	$0	$0	$9.8B
	−$9.0M▼ 350%	−$2.0M	$0
	$160.0M▲ 8.1%	$148.0M	$136.0M
	$2.7B▲ 4.3%	$2.6B	$12.1B
Noninterest expense
	$398.0M▲ 1.0%	$394.0M	$371.0M
	$244.0M▲ 11%	$219.0M	$222.0M
	$3.3B▲ 7.0%	$3.1B	$2.6B
	$238.0M▼ 1.7%	$242.0M	$244.0M
	$555.0M▲ 10%	$504.0M	$422.0M
	$115.0M▼ 5.0%	$121.0M	$71.0M
	$268.0M▲ 17%	$230.0M	$205.0M
	$141.0M▲ 2.2%	$138.0M	$158.0M
	$142.0M▲ 87%	$76.0M	$102.0M
	$141.0M▼ 33%	$210.0M	$470.0M
	$54.0M▼ 14%	$63.0M	$57.0M
	$466.0M▲ 1.3%	$460.0M	$377.0M
	$6.1B▲ 5.6%	$5.7B	$5.3B
	$3.0B▼ 17%	$3.6B	$12.1B
	$765.0M▼ 6.1%	$815.0M	$611.0M
	$2.2B▼ 21%	$2.8B	$11.5B
	$57.0M▼ 6.6%	$61.0M	$59.0M
	$2.1B▼ 21%	$2.7B	$11.4B
	$2.1B▼ 21%	$2.7B	$11.4B
Earnings per common share
	$165.24▼ 13%	$189.42	$785.14
	$165.24▼ 13%	$189.41	$784.51
Weighted average common shares outstanding
	13.0M shares▼ 9.3%	14.3M shares	14.5M shares
	13.0M shares▼ 9.3%	14.3M shares	14.5M shares

Line (tap for what it means)

12 months to Dec 31, 2025

12 months to Dec 31, 2024

12 months to Dec 31, 2023

Interest income

$9.1B▼ 4.5%

$9.5B

$8.2B

$1.7B▲ 25%

$1.3B

$648.0M

$992.0M▼ 33%

$1.5B

$1.6B

$11.8B▼ 4.7%

$12.4B

$10.4B

Interest expense

$3.6B▼ 7.9%

$3.9B

$2.5B

$1.4B▲ 4.4%

$1.3B

$1.2B

$5.0B▼ 4.7%

$5.2B

$3.7B

$6.8B▼ 4.6%

$7.1B

$6.7B

$514.0M▲ 19%

$431.0M

$1.4B

$6.3B▼ 6.1%

$6.7B

$5.3B

Noninterest income

$1.1B▲ 4.6%

$1.0B

$971.0M

$3.0M▼ 50%

$6.0M

−$26.0M

$22.0M▲ 69%

$13.0M

−$11.0M

$30.0M

$20.0M

$9.8B

−$9.0M▼ 350%

−$2.0M

$160.0M▲ 8.1%

$148.0M

$136.0M

$2.7B▲ 4.3%

$2.6B

$12.1B

Noninterest expense

$398.0M▲ 1.0%

$394.0M

$371.0M

$244.0M▲ 11%

$219.0M

$222.0M

$3.3B▲ 7.0%

$3.1B

$2.6B

$238.0M▼ 1.7%

$242.0M

$244.0M

$555.0M▲ 10%

$504.0M

$422.0M

$115.0M▼ 5.0%

$121.0M

$71.0M

$268.0M▲ 17%

$230.0M

$205.0M

$141.0M▲ 2.2%

$138.0M

$158.0M

$142.0M▲ 87%

$76.0M

$102.0M

$141.0M▼ 33%

$210.0M

$470.0M

$54.0M▼ 14%

$63.0M

$57.0M

$466.0M▲ 1.3%

$460.0M

$377.0M

$6.1B▲ 5.6%

$5.7B

$5.3B

$3.0B▼ 17%

$3.6B

$12.1B

$765.0M▼ 6.1%

$815.0M

$611.0M

$2.2B▼ 21%

$2.8B

$11.5B

$57.0M▼ 6.6%

$61.0M

$59.0M

$2.1B▼ 21%

$2.7B

$11.4B

$2.1B▼ 21%

$2.7B

$11.4B

Earnings per common share

$165.24▼ 13%

$189.42

$785.14

$165.24▼ 13%

$189.41

$784.51

Weighted average common shares outstanding

13.0M shares▼ 9.3%

14.3M shares

14.5M shares

13.0M shares▼ 9.3%

14.3M shares

14.5M shares

Lending-related fees

Sales (Noninterest income)

$266.0M

$257.0M

$218.0M

Deposit fees and service charges

Sales (Noninterest income)

$241.0M

$230.0M

$200.0M

Client investment fees

Sales (Noninterest income)

$217.0M

$213.0M

$157.0M

Wealth management services

Sales (Noninterest income)

$229.0M

$211.0M

$188.0M

International fees

Sales (Noninterest income)

$136.0M

$119.0M

$91.0M

Factoring commissions

Sales (Noninterest income)

$73.0M

$75.0M

$82.0M

Cardholder services, net

Sales (Noninterest income)

$158.0M

$163.0M

$139.0M

Merchant services, net

Sales (Noninterest income)

$52.0M

$49.0M

$48.0M

Insurance commissions

Sales (Noninterest income)

$53.0M

$55.0M

$54.0M

Consolidated Statements of Comprehensive Income, every line
Line (tap for what it means)	12 months to Dec 31, 2025	12 months to Dec 31, 2024	12 months to Dec 31, 2023
Statement of Comprehensive Income
	$2.2B	$2.8B	$11.5B
Other comprehensive income, net of tax
	$447.0M	−$7.0M	$162.0M
	$0	$1.0M	$1.0M
	$75.0M	$44.0M	$81.0M
	$6.0M	$8.0M	$0
	$528.0M	$46.0M	$244.0M
	$2.7B	$2.8B	$11.7B

Line (tap for what it means)

12 months to Dec 31, 2025

12 months to Dec 31, 2024

12 months to Dec 31, 2023

Statement of Comprehensive Income

$2.2B

$2.8B

$11.5B

Other comprehensive income, net of tax

$447.0M

−$7.0M

$162.0M

$1.0M

$75.0M

$44.0M

$81.0M

$6.0M

$8.0M

$528.0M

$46.0M

$244.0M

$2.7B

$2.8B

$11.7B