Income StatementBalance SheetCash FlowSegments
First Citizens BancShares logo

First Citizens BancShares Cash Flow Statement

Operating, investing, and financing cash movements

First Citizens BancShares generated $3.0B in operating cash flow over the trailing twelve months. After $748.0M in capital expenditures, free cash flow was $2.2B. Free cash flow increased 0.0% year-over-year. Based on the Q1 2026 filing.

Net Cash From Operating (TTM)$3.0BNet Cash From Investing (TTM)-$13.0BNet Cash From Financing (TTM)$8.8BCapital Expenditures (TTM)$748.0MDepreciation And Amortization Cf (TTM)$492.0MNet Change In Cash (TTM)$268.0M
Latest FilingQ1 2026
Report Date2026-05-08
Market Cap$22.5B
P/E Ratio9.97
ROE10.18%

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital expenditures$128.0M$103.0M$126.0M$238.0M$243.0M$141.0M
Net Change in Time Deposits-$874.0M-$1.3B-$753.0M-$168.0M$0.0$2.0B
Net Change in Securities Purchased Under Agreements to Resell$297.0M-$187.0M—$217.0M-$149.0M$9.0M
Net increase in credit balances of factoring clients-$234.0M$129.0M—$265.0M—$92.0M
Proceeds from sales of other real estate owned$3.0M$3.0M$7.0M$10.0M$9.0M$15.0M
Proceeds from sales of operating lease equipment$101.0M$63.0M$61.0M$71.0M$90.0M$55.0M
Net change in interest-bearing deposits in banks$4.3B-$3.3B-$1.5B$1.4B$5.0B-$3.4B
Net cash from investing activities-$3.7B-$4.9B-$562.0M-$3.8B—-$6.5B
Net change in loans and leases$1.9B$1.4B$0.0$3.7B$4.1B$1.4B
Other investing activities$194.0M$114.0M$158.0M$191.0M$343.0M$149.0M
Proceeds from maturities/sales of investments$798.0M$1.2B——$2.6B$0.0
Purchases of fixed maturity securities$1.0M$217.0M$1.0M$171.0M$0.0$59.0M
Purchases of investments$9.2B$1.9B$1.1B$4.6B$6.5B$2.8B

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Change in other assets$326.0M-$24.0M$265.0M—$196.0M$103.0M
Change in other liabilities—-$610.0M$320.0M-$55.0M$515.0M-$680.0M
Other working capital changes$12.0M-$11.0M-$38.0M-$5.0M-$14.0M$1.0M
Deferred income taxes$133.0M-$40.0M-$34.0M-$30.0M-$7.0M$8.0M
Depreciation and amortization$94.0M$93.0M$100.0M$91.0M$121.0M$180.0M
Net gains (losses) on investments$10.0M-$5.0M$2.0M$13.0M$12.0M$3.0M
Gain (loss) on sale of assets$1.0M$1.0M———$0.0
Loss on extinguishment of debt$0.0$0.0$0.0$0.0-$9.0M-$8.0M
Net cash from operating activities$1.1B$98.0M$859.0M$916.0M$1.1B$172.0M
Net income$700.0M$483.0M$575.0M$568.0M$580.0M$534.0M
Gain On Sales Of Operating Lease Equipment, Net$11.0M$5.0M$8.0M$3.0M$14.0M$11.0M
Impairment of premises and equipment and other assets$22.0M$4.0M$1.0M$0.0$1.0M$0.0
Proceeds From Payments For In Securities Sold Under Agreements To Repurchase-$24.0M$83.0M$21.0M-$48.0M-$199.0M-$54.0M
Provision for credit losses$155.0M$154.0M$115.0M$191.0M$54.0M$72.0M

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Proceeds from issuance of debt$0.0$1.2B—$597.0M—$497.0M
Repayments of debt$102.0M$1.0M$351.0M$3.0M$2.5B$2.5B
Dividends paid$42.0M$42.0M$40.0M$39.0M$40.0M$51.0M
Net increase in demand and other interest-bearing deposits$4.6B$5.4B$1.5B$3.4B—$7.3B
Net cash from financing activities$2.6B$4.8B—$2.9B—$6.6B
Proceeds from issuance of preferred stock$0.0$0.0———$390.0M
Repurchases of common stock$948.0M$618.0M$613.0M$896.0M$900.0M$899.0M

Free Cash Flow

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Free cash flow$991.0M-$5.0M$733.0M$678.0M$807.0M$31.0M

Supplemental

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income taxes paid$9.0M$40.0M$131.0M$118.0M$26.0M$51.0M
Interest paid$1.1B$1.2B$1.2B$1.2B$1.1B$1.2B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net increase (decrease) in cash-$48.0M-$2.0M$77.0M-$15.0M-$73.0M$279.0M