First Citizens BancShares, Inc. Q3 2025 Earnings Recap

First Citizens BancShares reported solid third-quarter results, highlighted by adjusted earnings per share of $44.62 and a robust 2.5% growth in loans, as the firm reinforces its strategic initiatives and expands its footprint.

Key Takeaways

• Adjusted net income reached $587 million, boosted by positive operating leverage, despite an $82 million charge-off related to a bankruptcy.
• Deposits increased by $3.3 billion, marking the seventh consecutive quarter of growth, with significant inflows from SVB Commercial and General Bank segments.
• Strong capital and liquidity positions were maintained, enabling a $900 million return to shareholders through share repurchases during the quarter.
• Branch acquisition of 138 locations from BMO Bank enhances market presence and customer engagement capabilities.
• The Company continues to focus on operational efficiencies and deepening client relationships while navigating a dynamic economic landscape.