First Citizens Bancshares Stock Earnings Reports

First Citizens delivered a solid Q3 2025: adjusted EPS $44.62, adjusted net income $587M, adjusted ROE 10.62% and adjusted ROA 1.01%. Net interest income grew sequentially (headline NII +2.3%) while headline NIM held steady at 3.26% (NIM ex-accretion 3.15%). Loans rose 2.5% sequentially (+$3.5B), led by Global Fund Banking (GFB) where loans increased $2.9B and utilization/production in capital call lines improved; the GFB pipeline is ~ $10B. Deposits grew $3.3B (2%) — the seventh consecutive quarter of deposit growth — with SVB Commercial a major contributor. Credit included an $82M charge-off (First Brands) that the company says represents full exposure to that borrower and is not indicative of broader supply-chain portfolio stress; net charge-offs were 65 bps for the quarter (ex-First Brands broadly in line with expectations). Allowance coverage remained solid (allowance ratio 1.14%), and criticized/classified assets declined. Capital actions: $900M of buybacks in the quarter and ~$4B repurchased since the program began; CET1 was 11.65% (down 47 bps QoQ). Management tightened full-year NII and noninterest income/expense ranges modestly, expects Q4 loans $143–146B and deposits $161–165B, and anticipates headline NII to be relatively stable Q4 vs Q3. They forecast the NII/NIM trough in 1Q 2026 under their baseline rate-view (two cuts), noting potential accretive effects from paying down the fixed-rate purchase-money note. Expense pressures continue from Category 3 readiness and tech/simplification investments (mid- to upper-single-digit expense growth in 2025; efficiency ratio mid-50s longer term). The company announced an agreement to acquire 138 branches from BMO (expected close mid-2026) to expand retail footprint; impacts are not included in guidance. Overall, management emphasizes diversified business mix, disciplined underwriting, strong liquidity and capital, and cautious optimism on SVB-related deposit/loan sustainability given macro/innovation-economy uncertainties.