Filing Flows › First Citizens Bancshares (FCNCA) › Q4 2025
First Citizens Bancshares (FCNCA) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 24, 2026
First Citizens Bancshares (FCNCA) reported revenue of $2.4B for the fourth quarter 2025 (Q4 2025), +1% from a year earlier and +0.2% from the quarter before. Operating margin was 33.3%, net earnings $580M (23.8% of revenue).
First Citizens Bancshares, Q4 2025: revenue $2.4B (+1% year over year), operating margin 33.3%, net earnings $580M, operating cash flow $1.1B. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.4B | +0.2% | +1% |
| Operating profit | $811M | +8% | +10% |
| Net earnings | $580M | +2% | -17% |
| Operating cash flow | $1.1B | +15% | -6% |
| Free cash flow | $807M | +19% | -19% |
What changed
Revenue was $2.4B in Q4 2025, up 1% year over year and roughly flat from the previous quarter.
Operating profit was $0.81B, a 33.3% margin (up 2.7 points year over year). Of the extra revenue versus a year earlier, 259% reached operating profit, above the 31% margin then. Total costs fell 3% while revenue rose 1%. Net earnings were $0.58B, down 17% year over year. The effective tax rate was 28.5%.
Operating cash flow was $1.1B (down 6% year over year), 181% of net earnings. Non-cash charges added back $0.12B of depreciation and amortization. Working capital and other items added $0.35B. Capital expenditures of $0.24B left free cash flow of $0.81B.
Questions
What was First Citizens Bancshares' revenue in the fourth quarter 2025?
First Citizens Bancshares (FCNCA) reported revenue of $2.4B for the fourth quarter 2025 (Q4 2025), +1% from a year earlier and +0.2% from the quarter before.
Was First Citizens Bancshares profitable in the fourth quarter 2025?
Operating profit was $811M (33.3% of revenue) and net earnings $580M.