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First Citizens BancShares, Inc. RALEIGH, N.C., March 08, 2022 (GLOBE NEWSWIRE) -- First Citizens BancShares, Inc. today announced that it will hold an investor conference call at 9. Atlantic States was the predecessor of the former IronStone Bank, which launched our eventual coast-to-coast expansion. By 1974, we had moved our headquarters from Smithfield to Raleigh, and our assets surpassed $1 billion. 3 Have a stress-tested financial plan. Broadridge Contact Information Toll-free number: 855-449-0981 Email: Shareholder@Broadridge.com First Citizens BancShares Inc. and CIT Group Inc. recently merged, creating a top 20 US financial institution with more than $100 billion in assets. The Company was formed in 1998 by an investor group led by John W. Allison, our Chairman, and Robert H. "Bunny" Adcock, Jr. "For First Citizens customers, everything they count on us for will stay the same: same service, same values, same commitment to helping them do more with their money. During the great recession, First Citizens remained safe and stable and entered new markets, while keeping an eye on the long term. Target Total Assets. First Citizens Bank and its affiliates are not responsible for the products, services and content on any third-party website. First Citizens will host a conference call on October 27, 2022, at 8:30 am ET to discuss our third quarter 2022 financial results. Forward-looking statements include statements about the benefits to First Citizens of the merger with CIT (collectively, the "Merger"), and First Citizens' future financial and operating results, plans, objectives and intentions. About First Citizens First Citizens BancShares Inc. is the financial holding company for First Citizens Bank. The contents of any website referenced in this communication are not incorporated by reference herein. We are pleased that credit quality remained strong as the net charge-off and nonperforming loan ratios both declined during the quarter.". Holding Jr., First Citizens chairman and chief executive officer. U.S. Large Regional Bank Peer Report (Ratings Mostly Stable, Lower Capital Reduces Ratings Headroom) Tue 10 Jan, 2023 - 3:39 PM ET. Parent company First Citizens BancShares, Inc. (NASDAQ: FCNCA) is a top 20 U.S. financial institution with more than $100 billion in assets. After submitting your request, you will receive an activation email to the requested email address. News releases on this website . Parent company First CitizensBancShares, Inc. (NASDAQ:FCNCA) is a top 20 U.S. financial institution with more than$100 billionin assets. Persons interested in purchasing or selling shares of common stock or inquiring about the availability of shares may call 731.287.4258 or contact: Brenda Enoch Assistant Vice President & Executive Assistant First Citizens National Bank P.O. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. You can sign up for additional alert options at any time. We expect our officers, employees and directors to perform their jobs in a competent ethical manner, abide by our codes of conduct and keep the trust and respect of everyone who does business with us. News releases on this website are for archival purposes. We're creating a better banka one-stop financial destination providing a full suite of personal, business, commercial, and wealth products and services. First Citizens Bank and its affiliates are not responsible for the products, services and content on any third-party website. This information reflects our principles that guide the way we and our subsidiaries do business. Words such as "anticipates," "believes," "estimates," "expects," "predicts," "forecasts," "intends," "plans," "projects," "targets," "designed," "could," "may," "should," "will," "potential," "continue," "aims" or other similar words and expressions are intended to identify these forward-looking statements. Holding will continue to guide First Citizens for generations. Specialty Company Inc. Insurance & Healthcare Technology. It will be some time before the two operations, including products and services, are fully combined. We're not just creating a bigger bank we're creating an even better bank one that helps more people in more places and strengthens the communities we serve. Box 370 Dyersburg, TN . Upon the death of R.P. Transfer Agent: Direct Transfer, LLC. Canada: 1-833-950-0062. I'm Frank Holding, Chairman and CEO at First Citizens Bank. CIT is now a division of First Citizens Bank, for further information please visit the First Citizens Bank Investor Relations website https://www.firstcitizens.com/investor-relations. High ethical standards guide First Citizens BancShares at every level and in every transaction. First-Citizens Bank & Trust Company, known as First Citizens Bank, is a North Carolina state-chartered commercial bank and a wholly owned subsidiary of First Citizens BancShares, Inc. First Citizens Bank helps consumer, business and commercial clients build financial strength that lasts. Third quarter adjusted net income available to common stockholders was $326 million, or $20.77 per common share, up from $270 million, or $16.86 per common share in the second quarter. This is a merger based on adding strength to strength and ending up with a stronger bank for all. First Citizens BancShares, Inc. is the financial holding company for First-Citizens Bank & Trust Company ("First Citizens Bank"). About First Citizens BankFirst Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts. Fitch Ratings recently affirmed the Long-Term IDRs of 12 of the 14 banks in this peer group, mostly with Stable Rating Outlooks. In January 2022, First Citizens BancShares and CIT Group Inc. mergedcreating one of the top 20 U.S. financial institutions, with more than $100 billion in assets. Select if this is your first time logging in to digital banking, A commercial banking unit that brings a wide array of best-in-class lending, leasing and banking services to middle-market companies and small businesses from coast to coast, A nationwide direct bank and a network of branches in 19 states, many in high-growth markets, Industry specialists known for their depth of knowledge and ability to deliver custom strategies for growing a business or personal wealth. After submitting your request, you will receive an activation email to the requested email address. First Citizens Bank and its affiliates are not responsible for the products, services and content on any third-party website. First Citizens Bank and its affiliates are not responsible for the products, services and content on any third-party website. CIT is now a division of First Citizens Bank. It's our promise. ", Frank Holding, Jr. Our merger with CIT marked a major milestone for First Citizens and established us as a top 20 US bank based on asset size. Us, https://www.firstcitizens.com/investor-relations, https://www.prnewswire.com/news-releases/first-citizens-completes-merger-with-cit-group-301453104.html. Industry specialists bring a depth of expertise that helps businesses and individuals meet their specific goals at every stage of their financial journey. First Watch Restaurant Group, Inc. to Participate in the 25th Annual ICR Conference and the 12th . Halper Sadeh LLC represents investors all over the world who have fallen . First Citizens BancShares, Inc. is the financial holding company for First-Citizens Bank & Trust Company ("First Citizens Bank"). First Citizens began operating our first-ever branches outside of our home state of North Carolina when we acquired a bank based in West Virginia. Please contact our transfer agent, Broadridge Corporate Issuer Solutions, Inc., for questions or information regarding the following items: We value your trust and enforce the highest standards of conduct and integrity. Forever First. In January 2022, First Citizens BancShares and CIT Group Inc. mergedcreating one of the top 20 U.S. financial institutions, with more than $100 billion in assets. Proceeds from the financing, which is secured by product tankers, will be used by Navios Partners to refinance existing debt. icon housing lender 2021 First Citizens National Bank All Rights Reserved Privacy Policy NMLS #: 449205, Chairman and CEO, Jeff Agee, Presents the 2021 Annual Shareholder Report via YouTube, 2021 Notice to Shareholders Holding Stock in Brokerage Accounts, Chairman and CEO, Jeff Agee, Presents the 2021 Second Quarter Shareholder Report via YouTube, Chairman and CEO, Jeff Agee, Presents the 2021 First Quarter Shareholder Report via YouTube, Chairman and CEO, Jeff Agee, Presents the 2020 Annual Shareholder Report via YouTube, Chairman and CEO, Jeff Agee, Presents the 2020 Fourth Quarter Shareholder Report via YouTube, Chairman and CEO, Jeff Agee, Presents the 2020 Third Quarter Shareholder Report via YouTube. Started over 40 years ago by a business visionary named Tom Phillips, we publish detailed research. And in that time, we've built a solid track record of service, stability and reliability. We're America's largest family-controlled bank, led for three generations by members of one family. At First Citizens BancShares, Inc., we promise to treat your data with respect and will not share your information with any third party. I am pleased to report that as of October 25, 2022, we have repurchased 98.5% of the 1.5 million shares authorized under that share repurchase plan. J.W.F. icon housing lender, First Citizens Bancshares Reports Third Quarter 2022 Earnings, First Citizens BancShares Third Quarter 2022 Financials (PDF). Help us support Teen Cancer America by making a donation. Access code: 355751. Your donation helps us build spaces to improve the hospital experience for teen cancer patients. First Citizens BancShares devotes extensive resources to strengthening corporate governance practices, which are described in this section of the website. Select if this is your first time logging in to digital banking. No fee required. As the largest family-controlled bank in the nation, we're continuing a unique legacy of strength, stability and long-term thinking that has spanned generations. In the long term, all our customers will get even more services, more ways to manage their money and more places to find us.". About First Citizens Bancshares. In December, it dropped 16. icon: sys-ehl. swherry@ff-inc.com. First Foundation has built a financial services firm that is different from others. "Contributing to higher net income during the quarter was solid top line growth led by continued momentum in loans, net interest margin expansion and solid performance in our fee income producing lines of business. Bank deposit products are offered by First Citizens Bank. Strong leadership, enduring values and a commitment to helping people and businesses prosper by keeping an eye on their long-term success. Many possible events or factors could affect BancShares' future financial results and performance and could cause the actual results, performance or achievements of BancShares to differ materially from any anticipated results expressed or implied by such forward-looking statements. RALEIGH, N.C., March 08, 2022 (GLOBE NEWSWIRE) -- First Citizens BancShares, Inc. today announced that it will hold an investor conference call at 9 a.m. Eastern time on Thursday, March 24, 2022 . First Citizens is committed to investing in the communities it serves. Bank deposit products are offered by First Citizens Bank. For now, they will be served through their current branches, websites, mobile apps, bankers and advisors. Holding, Jr. on third quarter results, "We are pleased with our financial performance during the third quarter and reported net income of $315 million, a 23.5% increase over the prior quarter. Corporate Communications. Starting on November 14, just give us a call at 866-FCB-4BIZ (866-322-4249) from 8 am to 9 pm ET Monday to Friday, or 8 am to 8 pm ET Saturday. Founded in 1898 and headquartered in Raleigh, N.C., First Citizens is the. North Carolina-headquartered First Citizens is now a top 20 U.S. financial institution (based on assets), with more than $100 billion in assets, and the largest family-controlled bank in the nation. - The Board of Directors of First Citizens BancShares Inc. (Nasdaq: FCNCA) declared on April 27, 2021, a quarterly dividend of 47 cents per share on the company's Class A and Class B common stock. First Citizens provides a full range of banking products and services to meet your individual or business financial needs. All forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, or achievements to differ materially from any results, performance, or achievements expressed or implied by such forward-looking statements, including, among others, (1) disruption from the Merger, or recently completed mergers, with customer, supplier or employee relationships, (2) the possibility that the amount of the costs, fees, expenses and charges related to the Merger may be greater than anticipated, including as a result of unexpected or unknown factors, events or liabilities, (3) reputational risk and the reaction of the parties' customers to the Merger, (4) the risk that the cost savings and any revenue synergies from the Merger may not be realized or take longer than anticipated to be realized, (5) general competitive, economic, political and market conditions, and (6)difficulties experienced in the integration of the businesses. 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