Skip to content
Screener

First Citizens BancShares FCNCA Q2 2026 earnings

Reported July 23, 2026 · Before market open

Revenue$2.4BBeat by $267.8M
EPS$0.57Beat by $0.16
Revenue estimate$2.2B
EPS estimate$0.41
“Solid return metrics during the second quarter continued to support our strong capital and liquidity positions, driven by balanced loan and deposit growth, resilient credit quality, and disciplined expense management. Return metrics surpassed both our expectations and first quarter results. We returned $600 million to our stockholders through share repurchases and further optimized our balance sheet by prepaying another $2.5 billion of the Purchase Money Note.”
CEO Frank B. Holding

Next report

Oct 22, 2026 (in a month)
Revenue estimate$2.2B
EPS estimate$45.82

Financials

Q2 2026

Income statement

See full
Revenue$2.4B+2.5%
Net income$672.0M+16.9%
EPS (diluted)$55.52+31.1%

Balance sheet

See full
Cash & equivalents$1.5B+70.9%
Total debt$32.7B-16.1%
Total equity$21.9B-1.8%
Total assets$236.84B+3.1%

Cash flow

See full
Operating cash flow$1.0B+21.4%
CapEx$102.0M-19.0%
Free cash flow$941.0M+28.4%

Valuation & ratios

Valuation

as of 09/16/26
See full
Market cap$24.4B+1.2%
Enterprise value$55.61B-10.6%
P/E10.4×+0.3×
P/S2.5×0.0×

Profitability

See full
Net margin24.5%-0.7pp
FCF margin25.6%-1.8pp

Returns & leverage

See full
Return on equity10.7%-0.1pp
Debt / equity1.5×-0.3×

Segments

By product

See full
Deposit fees and service charges$74.0M+25.4%
Lending-related fees$73.0M+5.8%
Wealth management services$62.0M+12.7%
Client investment fees$59.0M+13.5%
Cardholder services, net$38.0M-7.3%

By segment

See full
Commercial Bank$1.1B+5.4%
General Bank$1.0B+1.8%
Rail$174.0M+3.6%

FAQ

When did First Citizens BancShares report Q2 2026 earnings?
First Citizens BancShares (FCNCA) reported Q2 2026 earnings on July 23, 2026 before market open.
What were First Citizens BancShares's Q2 2026 revenue and EPS?
First Citizens BancShares reported revenue of $2.4B and eps of $0.57 for Q2 2026.
Did First Citizens BancShares beat estimates in Q2 2026?
Revenue beat the consensus estimate of $2.2B by $267.8M. EPS beat the consensus estimate of $0.41 by $0.16.
How did First Citizens BancShares's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 2.5% from $2.4B a year earlier and eps declined 98.7% from $44.78.
Where can I find First Citizens BancShares's Q2 2026 SEC filings?
You can read the 8-K earnings release (0000798941-26-000027) and the 10-Q periodic report (0000798941-26-000031) directly on SEC EDGAR. The filing index links above go to sec.gov.