First Citizens BancShares Inc. Depositary Shs Repr 1/40th Non-Cum Perp Pfd Registered Shs Ser E (FCNCN) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	14.3B	14.2B	14.6B	31.3B	5.5B
Cost of Revenue	5.1B	5.5B	5.6B	5.1B	1.1B
Gross Profit	9.1B	8.7B	8.9B	26.3B	4.4B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	4.2B	3.8B	3.5B	3.1B	1.7B
General & Admin Expense	4.1B	3.7B	3.4B	3.0B	1.6B
Selling & Marketing Expense	78.0M	142.0M	76.0M	102.0M	53.0M
Other Expenses	1.8B	1.9B	1.8B	11.1B	1.4B
Total Operating Expenses	6.0B	5.8B	5.3B	14.2B	3.1B
Cost and Expenses	11.1B	11.2B	11.0B	19.3B	4.2B
Operating Income (EBIT)	3.2B	3.0B	3.6B	12.1B	1.4B
Non-Operating
Interest Income	11.6B	11.8B	12.4B	10.4B	3.4B
Interest Expense	4.8B	5.0B	5.2B	3.7B	467.0M
Net Interest Income	6.7B	6.8B	7.1B	6.7B	2.9B
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	3.2B	3.0B	3.6B	12.1B	1.4B
Income Tax Expense	804.0M	765.0M	815.0M	611.0M	264.0M
Bottom Line
Net Income	2.4B	2.2B	2.8B	11.5B	1.1B
Earnings from Cont. Ops	2.4B	2.2B	2.8B	11.5B	1.1B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	2.3B	2.1B	2.7B	11.4B	1.0B
Per Share
Basic EPS	$186.98	$165.28	$189.38	$785.18	$67.47
Diluted EPS	$186.98	$165.28	$189.37	$784.55	$67.40
Revenue Per Share	$1,238.58	$1,093.37	$1,014.64	$2,157.01	$355.85
Shares
Basic Shares Outstanding	11.5M	13.0M	14.3M	14.5M	15.5M
Diluted Shares Outstanding	11.5M	13.0M	14.3M	14.5M	15.6M
Profitability Metrics
EBITDA	3.4B	3.4B	3.7B	12.0B	1.9B
D&A	212.0M	405.0M	130.0M	(57.0M)	533.0M
EBIT	3.2B	3.0B	3.6B	12.1B	1.4B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026