Filing Flows › Financials › First Citizens Bancshares (FCNCA)
First Citizens Bancshares (FCNCA) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Nov 6, 2026 · First Citizens Bancshares (FCNCA) Q3 2026 earnings results →
Q3 2026 Revenue up 0% year over year to $2.4B · 25¢ of every $1 of revenue kept as net profit · operating margin 33.1%
First Citizens Bancshares made $2.4B in Q3 2026 (0% Y/Y). Operating margin 33.1%, net earnings $606M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 6, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $2.4B in Q3 2026, roughly flat year over year and roughly flat from the previous quarter.
Operating profit was $0.81B, a 33.1% margin (up 2.2 points year over year). Total costs fell 3% while revenue was flat. Net earnings were $0.61B, up 7% year over year. The effective tax rate was 24.7%.
Operating cash flow was $0.90B (down 2% year over year), 149% of net earnings. Non-cash charges added back $0.18B of depreciation and amortization. Working capital and other items added $0.11B. Capital expenditures of $0.21B left free cash flow of $0.69B.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Nov 6, 2026 | $2.4B | 0% | 33.1% | $606M | $902M |
| Q2 2026 | 10-Q | Aug 7, 2026 | $2.4B | +2% | 36.6% | $672M | $1.0B |
| Q1 2026 | 10-Q | May 8, 2026 | $2.3B | +0.7% | 30.5% | $534M | $172M |
| Q4 2025 | 10-K | Feb 24, 2026 | $2.4B | +1% | 33.3% | $580M | $1.1B |
| Q3 2025 | 10-Q | Nov 7, 2025 | $2.4B | -0.5% | 30.9% | $568M | $916M |
| Q2 2025 | 10-Q | Aug 8, 2025 | $2.4B | -4% | 31.9% | $575M | $859M |
| Q1 2025 | 10-Q | May 9, 2025 | $2.3B | -6% | 28.3% | $483M | $98.0M |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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About First Citizens Bancshares
First Citizens BancShares, Inc. (the “Parent Company” and when including all of its subsidiaries on a consolidated basis, “BancShares,” “we,” “us,” or “our”) was incorporated under the laws of Delaware on August 7, 1986, to become the holding company of First-Citizens Bank & Trust Company (“FCB”), its banking subsidiary. FCB opened in 1898 as the Bank of Smithfield in Smithfield, North Carolina, and later changed its name to First-Citizens Bank & Trust Company. BancShares has expanded through de novo branching and acquisitions and as of December 31, 2025, operates an extensive network of branches and offices, predominantly located in the Southeast, Mid-Atlantic, Midwest, and Western United States, providing a broad range of financial services to individuals, businesses and professionals. At December 31, 2025, BancShares had total consolidated assets of $229.70 billion.
In its own words, from its 10-K, filed Feb 24, 2026.
First Citizens Bancshares against its State Commercial Banks peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: 0% against the peers' median +10%. Operating margin: 33.1% against the peers' median 34.6%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| FCNCA First Citizens Bancshares | Q3 2026 | $2.4B | 0% | 33.1% |
| BNY Bank of New York Mellon | Q3 2026 | $5.7B | +12% | 38.5% |
| STT State Street | Q3 2026 | $4.0B | +13% | 34.7% |
| FITB Fifth Third Bancorp | Q3 2026 | $3.3B | +42% | 33.8% |
| MTB M&T Bank | Q3 2026 | $2.5B | +0.9% | 39.7% |
| ALLY Ally Financial | Q3 2026 | $2.3B | +8% | 24.3% |
| CFG Citizens Financial Group | Q3 2026 | $2.3B | +10% | 34.6% |
| NTRS Northern Trust | Q3 2026 | $2.3B | +13% | 34.7% |
| WAL Western Alliance Bancorporation | Q3 2026 | $1.0B | +8% | 33.4% |
Source: First Citizens Bancshares 10-Q on SEC EDGAR · CIK 798941 · State Commercial Banks
Guidance and outlook
13F: who owns FCNCA and who is buying
More on FCNCA
- How First Citizens Bancshares makes money: revenue by segment
- First Citizens Bancshares stock forecast, price target and fair value
- Who owns First Citizens Bancshares stock: holders, funds and Congress trades
- First Citizens Bancshares guidance and outlook
- First Citizens Bancshares recalls, complaints and regulation
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results
Compare FCNCA with
- First Citizens Bancshares vs Fifth Third Bancorp (FCNCA vs FITB)
- First Citizens Bancshares vs M&T Bank (FCNCA vs MTB)
- First Citizens Bancshares vs Ally Financial (FCNCA vs ALLY)
- First Citizens Bancshares vs Citizens Financial Group (FCNCA vs CFG)
- First Citizens Bancshares vs Northern Trust (FCNCA vs NTRS)