Filing Flows › First Citizens Bancshares (FCNCA) › Q2 2026
First Citizens Bancshares (FCNCA) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
First Citizens Bancshares (FCNCA) reported revenue of $2.4B for the second quarter 2026 (Q2 2026), +2% from a year earlier and +5% from the quarter before. Operating margin was 36.6%, net earnings $672M (27.6% of revenue).
First Citizens Bancshares, Q2 2026: revenue $2.4B (+2% year over year), operating margin 36.6%, net earnings $672M, operating cash flow $1.0B. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.4B | +5% | +2% |
| Operating profit | $891M | +26% | +18% |
| Net earnings | $672M | +26% | +17% |
| Operating cash flow | $1.0B | +506% | +21% |
| Free cash flow | $941M | 30× | +28% |
What changed
Revenue was $2.4B in Q2 2026, up 2% year over year and up 5% from the previous quarter.
Operating profit was $0.89B, a 36.6% margin (up 4.7 points year over year). Of the extra revenue versus Q2 2025, 225% reached operating profit, above the 32% margin then. Total costs fell 5% while revenue rose 2%. Net earnings were $0.67B, up 17% year over year. The effective tax rate was 24.6%.
Operating cash flow was $1.0B (up 21% year over year), 155% of net earnings. Non-cash charges added back $0.16B of depreciation and amortization. Working capital and other items added $0.21B. Capital expenditures of $0.10B left free cash flow of $0.94B.
Questions
What was First Citizens Bancshares' revenue in the second quarter 2026?
First Citizens Bancshares (FCNCA) reported revenue of $2.4B for the second quarter 2026 (Q2 2026), +2% from a year earlier and +5% from the quarter before.
Was First Citizens Bancshares profitable in the second quarter 2026?
Operating profit was $891M (36.6% of revenue) and net earnings $672M.