First-Citizens Bank & Trust Company, known as First Citizens Bank, is a North Carolina state-chartered commercial bank and a wholly owned subsidiary of First Citizens BancShares, Inc. First Citizens Bank helps consumer, business and commercial clients build financial strength that lasts. RALEIGH, N.C.First Citizens BancShares, Inc. today announced that it will report its financial results for the first quarter ended March 31, 2022, before the U.S. financial markets open on Thursday, April 28, 2022.. RALEIGH, N.C.First Citizens BancShares, Inc. ("BancShares") (Nasdaq:FCNCA) reported earnings for the third quarter and year-to-date period ended September 30, 2022. It's our promise. Addison, Texas - January 17, 2023 / Business Wire / - Guaranty Bancshares, Inc. (NASDAQ: G We arranged for the automatic transfer of your bill pay payees, but it's important to note that your CIT Bank account history may not have transfered automatically. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Please contact our transfer agent, Broadridge Corporate Issuer Solutions, Inc., for questions or information regarding the following items: We value your trust and enforce the highest standards of conduct and integrity. Citizens Financial Group, Inc. (NYSE:CFG) Q4 2022 Earnings Call Transcript January 17, 2023 Operator: Good morning, everyone, and welcome to the Citizens Financial Group Fourth Quarter and Full . Disclosures. Annual Reports. First Citizens BancShares, Inc. is the financial holding company for First Citizens Bank. This communication contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the financial condition, results of operations, business plans and future performance of BancShares. HAMPSTEAD, Md., May 17, 2022 (GLOBE NEWSWIRE) -- On May 16, 2022, the Board of Directors of Farmers and Merchants Bancshares, Inc., the parent of Farmers and Merchants Bank, declared a cash dividend of $.31 per share of common stock, which will be paid on June 24, 2022 to shareholders of record on June 3, 2022. Member FDIC and an Equal Housing Lender. The contents of any website referenced in this communication are not incorporated by reference herein. In January 2022, First Citizens BancShares andCITGroup Inc. merged, creating one of the top 20 U.S. financial institutions, with more than $100 billion in assets. First Citizens BancShares, Inc. ( NASDAQ: FCNCA) Q2 2021 Earnings Conference Call August 3, 2021 9:00 AM ET Company Participants Deanna Hart - Investor Relations Frank Holding - Chairman. First Citizens Bancshares, Inc. is the holding company of First Citizens National Bank. However, they may become outdated over time, and should not be relied on as correct after their issue date. Adjusted noninterest expense totaled $577 million compared to $566 million in the second quarter, an increase of $11 million. You must click the activation link in order to complete your subscription. Bracewell LLP 711 LOUISIANA STREET STE 2300 HOUSTON, TX 77002 United States Add potential stress from times of economic turmoil, and the strain of poor financial performance or needing to make decisions quickly can lead to unintended consequences. 3 Have a stress-tested financial plan. First Citizens Bank and its affiliates are not responsible for the products, services and content on any third-party website. 528 Leser SOUTHERN MISSOURI BANCORP AND CITIZENS BANCSHARES CO. The big piece of economic data being released on Tuesday will be the New York Federal Reserve's manufacturing index, which monitors New York state's business activity. First Citizens is committed to investing in the communities it serves. I am pleased to report that as of October 25, 2022, we have repurchased 98.5% of the 1.5 million shares authorized under that share repurchase plan. "Contributing to higher net income during the quarter was solid top line growth led by continued momentum in loans, net interest margin expansion and solid performance in our fee income producing lines of business. Noninterest income totaled $433 million compared to $424 million in the second quarter. Ellen R. Alemany, former chairwoman and chief executive officer of CIT, assumes the role of vice chairwoman of First Citizens (along with current First Citizens Vice Chairwoman Hope Holding Bryant) and will serve on the First Citizens Board of Directors. Pricing Support Log in Start my free trial Start my free trial open Start my free trial Bank deposit products are offered by First Citizens Bank. "For CIT clients, First Citizens brings its proven record of safety, security and focus on long-term relationships while maintaining the expertise and agility that they have come to expect," Holding said. Box 370 Dyersburg, TN . About First Citizens BankFirst Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts. Transfer Agent: Direct Transfer, LLC. Founded in 1898 and headquartered in Raleigh, N.C., First Citizens is the. Forward-looking statements include statements about the benefits to First Citizens of the merger with CIT (collectively, the "Merger"), and First Citizens' future financial and operating results, plans, objectives and intentions. This information reflects our principles that guide the way we and our subsidiaries do business. Such risks and uncertainties include, among others, general competitive, economic, political, geopolitical events (including the military conflict between Russia and Ukraine) and market conditions, the impacts of the global COVID-19 pandemic on BancShares' business and customers, the financial success or changing conditions or strategies of BancShares' customers or vendors, fluctuations in interest rates, actions of government regulators, including the recent and projected interest rate hikes by the Board of Governors of the Federal Reserve Board (the "Federal Reserve"), the potential impact of decisions by the Federal Reserve on BancShares' capital plans, adverse developments with respect to U.S. or global economic conditions, including the significant turbulence in the capital or financial markets, the impact of the current inflationary environment, the impact of implementation and compliance with current or proposed laws, regulations and regulatory interpretations, the availability of capital and personnel, and the failure to realize the anticipated benefits of BancShares' previous acquisition transaction(s), including the recently completed transaction withCIT, which acquisition risks include (1) disruption from the transaction, or recently completed mergers, with customer, supplier or employee relationships, (2) the possibility that the amount of the costs, fees, expenses and charges related to the transaction may be greater than anticipated, including as a result of unexpected or unknown factors, events or liabilities, (3) reputational risk and the reaction of the parties' customers to the transaction, (4) the risk that the cost savings and any revenue synergies from the transaction may not be realized or take longer than anticipated to be realized and (5) difficulties experienced in the integration of the businesses. One Glenwood Avenue, Suite 1001 Raleigh, NC 27603 First Citizens began operating our first-ever branches outside of our home state of North Carolina when we acquired a bank based in West Virginia. Certain measures in this release and supplement tables, including those referenced as "Adjusted" are "Non-GAAP", meaning they are not presented in accordance with generally accepted accounting principles in the U.S. and also are not codified in U.S. banking regulations currently applicable to BancShares. Holding (left). Visit firstcitizens.com. Cautionary Notes Regarding Forward-Looking StatementsCertain of the statements made in this Press Release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Corporate Communications. Because forward-looking statements relate to future results and occurrences, they are subject to inherent risks, uncertainties, changes in circumstances and other risk factors that are difficult to predict. First Foundation Bank, (469) 638-9642 Building a long-term, trust-based relationship is paramount and integrity comes first in every decision. For now, there are no changes in how you bank with us. After the conference call, you may access a replay of the call. This mission continues as we partner with local hospitals. He, along with his sister Vice Chairman Hope Holding Bryant, represent the third generation of Holding family leadership. Adjusted noninterest income totaled $288 million compared to $283 million in the second quarter, an increase of $5 million. Releases, Investor View original content to download multimedia:https://www.prnewswire.com/news-releases/first-citizens-completes-merger-with-cit-group-301453104.html, 2022First-Citizens Bank & Trust Company. First Citizens Bank and its affiliates are not responsible for the products, services and content on any third-party website. For the third quarter, net income available to common stockholders was $303 million, or $19.25 per common share, compared to $238 million, or $14.86 per common share in the second quarter of 2022. We're also creating a stronger bank, with greater capacity and ability to offer more convenience and value. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. View job listing details and apply now. Holding, Jr. was elected Chairman of First Citizens in 2009. Links to third-party websites may have a privacy policy different from First Citizens Bank and may provide less security than this website. Taking care of customersyear in, year outisn't just our track record. Net revenue growth was led by a $95 million, or a 13.6% increase in net interest income over the second quarter primarily due to loan growth and higher yields on loans and overnight investments, partially offset by higher funding costs. Home BancShares, Inc. acquires, organizes and invests in community banks that serve attractive markets. We first joined together with nonprofit Teen Cancer America and The Who's Roger Daltrey to help open the door to better cancer care for young adults. First Citizens Bank and its affiliates are not responsible for the products, services and content on any third-party website. Investor Relations, Barbara Thompson We are pleased that credit quality remained strong as the net charge-off and nonperforming loan ratios both declined during the quarter.". Founded in 1898 and headquartered in Raleigh, N.C., First Citizens Bank also operates a nationwide direct bank and a network of more than 600 branches in 22 states, many in high-growth markets. Fitch upgraded RF by one notch to 'A-'/Stable, reflecting solid profitability . The merger brings together complementary strengths of both organizations, combining First Citizens Bank's robust retail franchise and full suite of banking products with CIT's strong market position in nationwide commercial lending and direct digital banking. Attention: IWS The Board of Directors of First Citizens BancShares, Inc. ("BancShares") (Nasdaq: FCNCA) declared on April 26, 2022, dividends on the company's Class A and Class B common stock, as well as Series A, B and C preferred stock, each for the period commencing on and including the last respective payment date. Links to third-party websites may have a privacy policy different from First Citizens Bank and may provide less security than this website. The Company was formed in 1998 by an investor group led by John W. Allison, our Chairman, and Robert H. "Bunny" Adcock, Jr. The increase was driven primarily by higher personnel costs and higher marketing expenses in the Direct Bank, partially offset by lower, Provision for credit losses totaled $60 million compared to $42 million in the second quarter, an increase of $18 million. Benzinga Insights. Working together, we're growing and prospering, and helping our customers do the same, in vibrant markets from coast to coast. Our news releases are believed to be accurate as of the date they are issued. Our company was founded as the Bank of Smithfield with just $10,000 of capital. 919-716-2716 About First Citizens First Citizens BancShares Inc. is the financial holding company for First Citizens Bank. First Citizens provides a full range of banking products and services to meet your individual or business financial needs. The board now consists of 11 current First Citizens directors and three former CIT board members Alemany, Michael A. Carpenter and Vice Admiral John R. Ryan, USN (Ret.). First Citizens BancShares devotes extensive resources to strengthening corporate governance practices, which are described in this section of the website. In July, we announced a share repurchase plan that authorized repurchases of up to 1.5 million shares of our Class A common stock. Target Total Assets. Cenntro. While the way we do banking has evolved over time, we're committed, as always, to being here for you. Words such as "anticipates," "believes," "estimates," "expects," "predicts," "forecasts," "intends," "plans," "projects," "targets," "designed," "could," "may," "should," "will," "potential," "continue," "aims" or other similar words and expressions are intended to identify these forward-looking statements. RALEIGH, N.C.First Citizens BancShares, Inc. today announced that it will hold an investor conference call at 9 a.m. Eastern time on Thursday, March 24, 2022, to provide financial information about its recent merger and discuss strategic objectives. At First Citizens BancShares, Inc., we promise to treat your data with respect and will not share your information with any third party. Simmons First National Bank Account Name Annual Percentage Yield* Minimums to avoid fee; Money Market Savings: 0.10% to 0.15%: Simpoly Savings: 0.10%: $100.00 "/> CIT is now a division of First Citizens Bank, for further information please visit the First Citizens Bank Investor Relations website https://www.firstcitizens.com/investor-relations. NEW YORK, Jan. 18, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Maritime Financegroup, part of the CIT division, served as sole lead arranger on $44.2 million in debt financing for Navios Maritime Partners L.P. ("Navios Partners"). Links to third-party websites may have a privacy policy different from First Citizens Bank and may provide less security than this website. icon housing lender. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. To access this call, dial: Domestic: 833-654-8257. . Industry specialists bring a depth of expertise that helps businesses and individuals meet their specific goals at every stage of their financial journey. In 2013 we launched our Forever First brand, reinforcing the promise that the principles instilled by R.P. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Eventually, everything will be under the First Citizens name. We remain focused on merger optimization efforts and achieving our cost savings target. If you experience any issues with this process, please contact us for further assistance. The common stock of First Citizens Bancshares, Inc. is not listed on any exchange. TheFirst Citizens BancShares Third Quarter 2022 Financials (PDF), Opens in a new tabinclude supplemental financial information and key performance metrics for current and historical periods. From relationship banking to real estate financing to private wealth management, we are there at every stage and at each moment our clients need us, even when they don't. Sophisticated solutions with personal service, we're helping people . First Citizens Bank. First Citizens BancShares, Inc. RALEIGH, N.C., March 08, 2022 (GLOBE NEWSWIRE) -- First Citizens BancShares, Inc. today announced that it will hold an investor conference call at 9 a.m. Eastern . We're not just creating a bigger bank we're creating an even better bank one that helps more people in more places and strengthens the communities we serve. The earnings press release,. Halper Sadeh LLC represents investors all over the world who have fallen . First Citizens BancShares Inc. will host a conference call to discuss the company's financial results on April 28, 2021, at 9 a.m. Eastern time. First Citizens Bank today announced that its Maritime Finance group, part of the CIT division, served as sole lead arranger on $44.2 million in debt financing for Navios Maritime Partners L.P.. First Citizens BancShares, Inc. (NASDAQ:FCNCA/FCNCB), is a financial holding company incorporated under the laws of Delaware and headquartered in Raleigh, North Carolina. In addition, Marisa J. Harney is now a member of the First Citizens executive leadership team and assumes the role of chief credit officer. 2021 Annual Report 2020 Annual Report 2019 Annual Report 2018 Annual Report. We offer an array of general banking services including a network of 500-plus branches in 22 states; commercial banking expertise delivering best-in-class lending, leasing and other financial services coast to coast; and a nationwide direct bank. First Citizens BancShares, Inc. is the financial holding company for First Citizens Bank. Except to the extent required by applicable laws or regulations, BancShares disclaims any obligation to update forward-looking statements or to publicly announce the results of any revisions to any of the forward-looking statements included herein to reflect future events or developments. Loans totaled $69.8 billion, an increase of $2.1 billion, or 12.0% on an annualized basis due to strong growth in our branch network and Mortgage as well as in our commercial bank from areas such as Commercial Finance and Business Capital. Strong leadership, enduring values and a commitment to helping people and businesses prosper by keeping an eye on their long-term success. Steady growth quickly became our hallmark. Bank First Corp (BFC) is expected to report $1.71 for 4Q. Learn more. MEDIA RELATIONS: John M. 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