First Citizens BancShares Q2 FY26 net income climbs 25.84% to $672 million; net interest income rises 2.15% to $1.66 billion

First Citizens BancShares, Inc. Class A

First Citizens BancShares, Inc. Class A

FCNCA

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  • First Citizens BancShares posted second-quarter net income of USD 672 million; net income available to common stockholders rose to USD 640 million, or USD 55.52 per share.
  • Net interest income increased to USD 1.66 billion; net interest margin edged up 1 basis point to 3.10%.
  • Provision swung to a USD 10 million benefit for credit losses; net charge-offs were USD 108 million, or 0.29% of average loans.
  • Loans and leases climbed to USD 151.03 billion; deposits rose to USD 173.43 billion, while borrowings fell to USD 32.19 billion on a USD 2.5 billion Purchase Money Note prepayment.
  • Management cited stronger return metrics; the bank repurchased USD 600 million of shares, while targeting third-quarter 2026 completion for the 138-branch BMO deal.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Citizens BancShares Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607230630PR_NEWS_USPR_____NY10719) on July 23, 2026, and is solely responsible for the information contained therein.

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