First Citizens BancShares Reports Earnings for First Quarter 2018
First Citizens BancShares, Inc. - Class A (FCNCA)
US:NASDAQ Investor Relations:
firstcitizens.com/about/who-we-are/annual-report
Company Research
Source: GlobeNewswire
RALEIGH, N.C., April 25, 2018 (GLOBE NEWSWIRE) -- First Citizens BancShares, Inc. (BancShares) (Nasdaq:FCNCA) announced its financial results for the quarter ended March 31, 2018. Net income for the first quarter of 2018 was $100.2 million, or $8.35 per share, compared to $67.6 million, or $5.63 per share, for the corresponding period of 2017, and $54.4 million, or $4.53 per share, for the fourth quarter of 2017, according to Frank B. Holding, Jr., chairman of the board. BancShares’ current quarter results generated an annualized return on average assets of 1.19 percent and an annualized return on average equity of 12.20 percent, compared to respective returns of 0.82 percent and 8.96 percent for the first quarter of 2017, and 0.62 percent and 6.48 percent for the fourth quarter of 2017. Earnings improvement for the comparative quarters was primarily driven by loan growth and improved loan and investment securities yields contributing to improved interest income and margins. Gr
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FCNCA
Earnings
- 1/26/24 - Miss
FCNCA
Sec Filings
- 4/8/24 - Form PX14A6G
- 3/26/24 - Form PX14A6G
- 3/22/24 - Form 4
- FCNCA's page on the SEC website