First Citizens Bancshares Inc. income statement & cash flow
In the fiscal year ended Dec 31, 2025, First Citizens Bancshares Inc. reported net income of $2.21B on revenue of $9.54B. Operating cash flow was $2.92B and capital expenditures were $710.00M, leaving $2.21B of free cash flow (operating cash flow minus capital expenditures).
Income statement and cash flow summary
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | $5.08B | $18.79B | $9.76B | $9.54B |
| Net income | $225.48M | $323.75M | $400.31M | $457.37M | $492.00M | $547.00M | $1.10B | $11.47B | $2.78B | $2.21B |
| Diluted EPS | — | — | — | — | $47.50 | $53.88 | $67.40 | $784.51 | $189.41 | $165.24 |
| Operating cash flow | $230.51M | $355.26M | $453.77M | $578.25M | $376.00M | −$284.00M | $2.79B | $2.66B | $2.99B | $2.92B |
| Capital expenditures | $81.84M | $84.80M | $140.44M | $121.08M | $133.00M | $107.00M | $155.00M | $405.00M | $429.00M | $710.00M |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Dec 2025 | — | — | 23.1% |
| Dec 2024 | — | — | 28.5% |
| Dec 2023 | — | — | 61.0% |
| Dec 2022 | — | — | 21.6% |
Source: SEC EDGAR XBRL company facts for CIK 798941 (raw data). Most recent filing in this dataset: 10-Q filed Aug 7, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.