FIRST CITIZENS BANCSHARES INC /DE/

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $944.7m $1.1b $1.2b $1.3b $1.4b $1.4b $2.9b $6.7b $9.8b $9.5b
Noninterest income:
Additional Financial Items
Bank Owned Life Insurance Income $32.0m $8.0m
Amortization of Intangible Assets $21.8m $22.8m $23.6m $23.9m $32.8m $25.6m $23.0m $57.0m $63.0m $54.0m
Debt and Equity Securities, Gain (Loss) $351k
Debt Securities, Gain (Loss) $7.1m $60.3m $33.1m
Debt Securities, Realized Gain (Loss) $6.0m $3.0m
Equity Securities, FV-NI, Realized Gain (Loss) $1.2m
Fair Value, Option, Changes in Fair Value, Gain (Loss) $50k $289k $3.9m ($3.0m) ($3.0m) $0
Goodwill, Impairment Loss $0 $0 $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic $2.9b
Lease Income $1.1b $1.2b $1.3b $1.3b
Operating Lease, Lease Income $864.0m $971.0m $1.0b $1.1b
Preferred Stock Dividends and Other Adjustments $14.1m $18.5m
Preferred Stock Dividends, Income Statement Impact $50.0m $59.0m $61.0m $57.0m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $351.1m $543.7m $503.6m $592.0m $617.9m $701.7m $1.4b $12.1b $3.6b $3.0b
Net Income (Loss) Attributable to Parent $225.5m $323.8m $400.3m $457.4m $491.7m $547.5m $1.1b $11.5b $2.8b $2.2b
Net Income (Loss) Available to Common Stockholders, Basic $477.7m $528.9m $1.0b $11.4b $2.7b $2.1b
Earnings Per Share, Basic $18.77 $26.96 $33.53 $41.05 $47.50 $53.88 $67.47 $785.14 $189.42 $165.24
Earnings Per Share, Diluted $67.40 $784.51 $189.41 $165.24
Common Stock, Dividends, Per Share, Declared $1.20 $1.25 $1.45 $1.60 $1.67 $1.88 $2.16 $3.89 $6.87 $7.95
Weighted Average Number of Shares Outstanding, Basic 12.0m 12.0m 11.9m 11.1m 10.1m 9.8m 15.5m 14.5m 14.3m 13.0m
Weighted Average Number of Shares Outstanding, Diluted 15.5m 14.5m 14.3m 13.0m
Noninterest expense:
Labor and Related Expense $1.4b $2.6b $3.1b $3.3b
Equipment Expense $92.5m $97.5m $102.9m $112.3m $115.5m $119.2m $216.0m $422.0m $504.0m $555.0m
Business Combination, Acquisition Related Costs $5.3m $9.0m $6.5m $17.2m $17.4m $29.5m $231.0m $470.0m $210.0m $141.0m
Current Income Tax Expense (Benefit) $92.4m $94.1m $116.7m $80.1m $151.7m $161.8m
Direct Costs of Leased and Rented Property or Equipment $189.0m $222.0m $219.0m $244.0m
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal $645.0m $1.2b $469.0m $530.0m
Interest Expense $43.1m $43.8m $36.9m $92.6m $95.9m $60.7m $467.0m $3.7b
Interest Expense, Securities Sold under Agreements to Repurchase $2.0m $1.6m $1.3m
Income Tax Expense (Benefit) $125.6m $219.9m $103.3m $134.7m $126.2m $154.2m $264.0m $611.0m $815.0m $765.0m
Total interest expense $5.2b $5.0b
Interest Income (Expense), Net $944.7m $1.1b $1.2b $1.3b $1.4b $1.4b $2.9b $6.7b $7.1b $6.8b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.