8-KEarnings & ResultsRegulation FDExhibits & Filings

FIRST CITIZENS BANCSHARES INC /DE/ 8-K Report, Financial Results (Jul 28, 2020)

Filed July 28, 2020For Securities:FCNCAFCNCPFCNCBFCNCOFCNCN

Summary

First Citizens BancShares Inc. (FCNCA) filed an 8-K on July 28, 2020, to report its financial results for the quarter ended June 30, 2020. The core of this filing is the release of their earnings press release (Exhibit 99.1), which provides the detailed operational and financial performance for the period. Investors should review this press release for specific metrics on revenue, profitability, asset quality, and other key performance indicators that are crucial for understanding the bank's standing. Furthermore, the filing announces an upcoming conference call scheduled for July 29, 2020, to discuss these quarterly results in more detail. Accompanying investor presentation materials (Exhibit 99.2) have also been furnished, offering additional context and potentially forward-looking insights. It is important for investors to note that the information presented under Items 2.02 and 7.01, including the exhibits, is furnished and not deemed "filed" under the Securities Exchange Act of 1934, meaning it does not automatically become incorporated into prior filings unless specifically referenced.

Key Highlights

  • 1FCNCA announced its financial results for the quarter ended June 30, 2020, via an 8-K filing.
  • 2The press release containing the detailed quarterly results is attached as Exhibit 99.1.
  • 3A conference call is scheduled for July 29, 2020, to discuss the financial results.
  • 4Additional investor presentation materials for the conference call are furnished as Exhibit 99.2.
  • 5The filing includes standard "Disclosures About Forward Looking Statements" with cautionary notes regarding potential risks and uncertainties, including the impact of the COVID-19 pandemic.
  • 6Information furnished under Items 2.02 and 7.01 is generally not considered 'filed' for purposes of Section 18 of the Exchange Act.

Frequently Asked Questions

The main purpose of this 8-K filing is to publicly announce and provide access to First Citizens BancShares' financial results for the quarter ended June 30, 2020, through an attached press release (Exhibit 99.1).

Investors can expect a more in-depth discussion during the conference call scheduled for July 29, 2020, at 9:00 am Eastern Time, as announced in the filing.

The detailed financial performance is provided in the press release attached as Exhibit 99.1 to this 8-K filing. Additional context may be available in the investor presentation materials (Exhibit 99.2).

According to General Instruction B.2 of Form 8-K, the information presented under Item 2.02 (Results of Operations) and Item 7.01 (Regulation FD Disclosure), including the exhibits, is furnished and shall not be deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934, nor incorporated by reference into other filings, unless specifically stated.