Filing Flows › First Citizens Bancshares (FCNCA) › Q2 2025
First Citizens Bancshares (FCNCA) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
First Citizens Bancshares (FCNCA) reported revenue of $2.4B for the second quarter 2025 (Q2 2025), -4% from a year earlier and +3% from the quarter before. Operating margin was 31.9%, net earnings $575M (24.2% of revenue).
First Citizens Bancshares, Q2 2025: revenue $2.4B (-4% year over year), operating margin 31.9%, net earnings $575M, operating cash flow $859M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.4B | +3% | -4% |
| Operating profit | $758M | +16% | -23% |
| Net earnings | $575M | +19% | -19% |
| Operating cash flow | $859M | +777% | +106% |
| Free cash flow | $733M | — | +132% |
What changed
Revenue was $2.4B in Q2 2025, down 4% year over year and up 3% from the previous quarter.
Operating profit was $0.76B, a 31.9% margin (down 7.9 points year over year). Total costs grew 9% against a revenue fall of 4%. Net earnings were $0.57B, down 19% year over year. The effective tax rate was 24.1%.
Operating cash flow was $0.86B (up 106% year over year), 149% of net earnings. Non-cash charges added back $0.10B of depreciation and amortization. Working capital and other items added $0.18B. Capital expenditures of $0.13B left free cash flow of $0.73B.
Questions
What was First Citizens Bancshares' revenue in the second quarter 2025?
First Citizens Bancshares (FCNCA) reported revenue of $2.4B for the second quarter 2025 (Q2 2025), -4% from a year earlier and +3% from the quarter before.
Was First Citizens Bancshares profitable in the second quarter 2025?
Operating profit was $758M (31.9% of revenue) and net earnings $575M.