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First Citizens BancShares FCNCA Cumulative Gross Losses and Impairments

Cumulative Gross Losses and Impairments at other companies

JPMorgan Chase logo
JPMorgan ChaseJPM
$18.24B-14.7%
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
$32.51B-14.1%
United Community Banks logo
United Community BanksUCB
$333.13M-13.8%
Citizens Financial Group logo
Citizens Financial GroupCFG
$803M-15.8%
Eastern Bankshares, Inc. logo
Eastern Bankshares, Inc.EBC
$30.42M-15.4%

Other financials

Income statement

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

Balance sheet

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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

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

Valuation

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Market cap$25.49B+5.4%
Enterprise value$56.7B-9.0%
P/E10.8×+0.7×
P/S2.7×+0.1×

Profitability

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

Returns & leverage

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

Where this comes from

Reported directly by First Citizens BancShares in its filing.

Tagged under the XBRL concept us-gaap:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss.

The source filing: First Citizens BancShares’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 8:33 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000798941-26-000031
dollars in millionsJune 30, 2026 / Amortized CostJune 30, 2026 / Gross Unrealized / GainsJune 30, 2026 / Gross Unrealized / LossesJune 30, 2026 / Fair ValueDecember 31, 2025 / Amortized CostDecember 31, 2025 / Gross Unrealized / GainsDecember 31, 2025 / Gross Unrealized / LossesDecember 31, 2025 / Fair Value
U.S. Treasury$390$(14)$376$388$(15)$373
Government agency1,190(55)1,1351,225(55)1,170
Residential mortgage-backed securities4,31117(498)3,8304,45032(490)3,992
Commercial mortgage-backed securities3,279(633)2,6463,337(608)2,729
Supranational securities247(21)226246(20)226
Other1111
Total investment securities held to maturity$9,418$17$(1,221)$8,214$9,647$32$(1,188)$8,491
Total investment securities$44,023$163$(1,833)$42,353$41,682$417$(1,691)$40,408

Item 1. Financial Statements.

FAQ

What is First Citizens BancShares's cumulative gross losses and impairments?
First Citizens BancShares (FCNCA) reported cumulative gross losses and impairments of $1.22B in Q2 2026.
How has First Citizens BancShares's cumulative gross losses and impairments changed year-over-year?
First Citizens BancShares's cumulative gross losses and impairments decreased by 7.5% year-over-year, from $1.32B to $1.22B.
What is the long-term trend for First Citizens BancShares's cumulative gross losses and impairments?
Over 4 years (2021 to 2025), First Citizens BancShares's cumulative gross losses and impairments has grown at a 114.6% compound annual growth rate (CAGR), from $56M to $1.19B.
What does cumulative gross losses and impairments mean?
This metric aggregates all unrealized losses and recognized impairment charges on investment securities that have not yet been realized through a sale. It provides a comprehensive view of the negative valuation adjustments impacting the bank's equity. It is a key indicator of the credit and market risk embedded in the bank's long-term holdings.

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