Financials in USD. Standardized financial statements.
A compact view of how First Citizens BancShares, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $14.50B | $14.94B | $12.64B | $5.10B | $1.90B | $1.92B | $1.79B | $1.59B | $1.45B | $1.34B |
| Revenue Growth? | -3.0% | +18.2% | +148.0% | +168.4% | -0.9% | +7.0% | +12.6% | +9.4% | +8.4% | 0.0% |
| Cost of Revenue? | $5.59B | $5.64B | $5.05B | $1.11B | $24.00M | $154.00M | $124.08M | $65.33M | $69.49M | $76.02M |
| Gross Profit? | $8.91B | $9.30B | $7.58B | $3.98B | $1.88B | $1.76B | $1.67B | $1.52B | $1.38B | $1.26B |
| Gross Margin? | +61.4% | +62.2% | +60.0% | +78.2% | +98.7% | +92.0% | +93.1% | +95.9% | +95.2% | +94.3% |
| Operating Expenses? | $5.94B | $5.71B | -$4.49B | $2.62B | $1.17B | $1.14B | $1.07B | $1.02B | $839.57M | $912.96M |
| Operating Income? | $2.97B | $3.59B | $12.08B | $1.36B | $701.00M | $618.00M | $592.05M | $503.61M | $543.70M | $351.07M |
| EBITDA? | $3.40B | $3.72B | $12.02B | $1.90B | $844.00M | $751.00M | $719.74M | $624.04M | $657.34M | $461.65M |
| Income Before Tax | $2.97B | $3.59B | $12.08B | $1.36B | $701.00M | $618.00M | $592.05M | $503.61M | $543.70M | $351.07M |
| Income Tax Expense | $765.00M | $815.00M | $611.00M | $264.00M | $154.00M | $126.00M | $134.68M | $103.30M | $219.95M | $125.58M |
| Net Income? | $2.21B | $2.78B | $11.47B | $1.10B | $547.00M | $492.00M | $457.37M | $400.31M | $323.75M | $225.48M |
| EPS? | $165.76 | $189.42 | $785.18 | $67.47 | $53.88 | $47.50 | $41.05 | $33.53 | $26.96 | $18.77 |
| Diluted EPS? | $165.76 | $189.41 | $784.55 | $67.40 | $53.88 | $47.50 | $41.05 | $33.53 | $26.96 | $18.77 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality