First Citizens Bancshares Stock Earnings Reports

First Citizens reported a solid third quarter 2025 driven by net interest income growth, stable margin (headline NIM 3.26%), disciplined expense control and deposit inflows. Adjusted EPS was $44.62, adjusted ROE 10.62% and adjusted ROA 1.01%. Loans increased 2.5% sequentially ($3.5B), led by Global Fund Banking (GFB) where quarter-end balances were the highest since acquisition and utilization/capital call activity drove a 10% sequential increase. Deposits grew $3.3B (2%), marking seven consecutive quarters of deposit growth, led by SVB Commercial and General Bank. Credit: net charge-offs rose to 65 bps (driven by an $82M charge-off to First Brands representing full exposure), but management says the loss is not indicative of broad supply chain finance issues; allowance ratio was 1.14%. Capital: CET1 was 11.65% after ~$900M of buybacks in the quarter; the firm has repurchased ~$4B of stock since July 2024 and plans methodical repurchases (board-authorized $4B plan) to move CET1 toward a 10.5%–11% target. Guidance/Outlook: Q4 loans $143–146B; deposits $161–165B; headline NII for full year tightened to $6.74B–$6.84B; Q4 NII expected relatively stable vs. Q3 with a Fed-cut range scenario (0–225 bps through year end) and a trough in NII/NIM expected in 1Q26 under base forecast. Credit guidance: Q4 NCOs 35–45 bps (full year guide increased to 43–47 bps). Management reiterated focus on client relationship deepening, digital/operational efficiency, capital & liquidity resilience, and Category 3 readiness (ongoing investments driving near-term expense pressure). The company announced an agreement to acquire 138 BMO branches (expected mid-2026 close) to expand retail footprint; impact not included in current guidance.