8-KEarnings & ResultsRegulation FDExhibits & Filings

FIRST CITIZENS BANCSHARES INC /DE/ 8-K Report, Financial Results (Apr 28, 2021)

Filed April 28, 2021For Securities:FCNCAFCNCPFCNCBFCNCOFCNCN

Summary

First Citizens Bancshares, Inc. (FCNCA) filed an 8-K on April 28, 2021, to report its financial results for the quarter ended March 31, 2021. The report primarily serves as a notification of the release of its quarterly earnings, accompanied by a press release (Exhibit 99.1) and an investor presentation (Exhibit 99.2). These documents, furnished under Items 2.02 and 7.01, provide details on the company's operational and financial performance. While the 8-K itself does not contain the specific financial figures, it directs investors to the attached exhibits and an upcoming conference call for comprehensive details. Investors should review the press release and investor presentation for granular financial data, strategic updates, and forward-looking statements. The filing also includes a standard disclaimer regarding the forward-looking nature of some statements and highlights potential risks and uncertainties, including those related to the proposed transaction with CIT.

Key Highlights

  • 1Filing announces First Citizens Bancshares' financial results for the quarter ended March 31, 2021.
  • 2Key financial details are provided in an attached press release (Exhibit 99.1).
  • 3An investor presentation (Exhibit 99.2) is also furnished, offering additional context for the financial results.
  • 4The company scheduled a conference call on April 28, 2021, to discuss these results.
  • 5Information furnished under Items 2.02 and 7.01 is not considered "filed" for Section 18 of the Exchange Act.
  • 6The filing includes a comprehensive list of risk factors and uncertainties, particularly concerning the proposed transaction with CIT.
  • 7Investors are directed to the company's other SEC filings, including its 2020 Form 10-K, for further information.

Frequently Asked Questions

The specific financial results are detailed in the press release attached as Exhibit 99.1 to this 8-K filing. An accompanying investor presentation, Exhibit 99.2, also provides further information and context.

Forward-looking statements relate to future events and may differ materially from actual results due to various risks and uncertainties. The filing lists potential factors that could affect First Citizens Bancshares' future performance, including those related to the COVID-19 pandemic, economic conditions, regulatory actions, and the proposed transaction with CIT.

This 8-K filing is primarily to inform investors about the company's first-quarter 2021 financial results and to provide access to the related press release and investor presentation. It also announces a conference call where these results will be discussed.

According to General Instruction B.2 of Form 8-K, information furnished under Items 2.02 and 7.01, including the attached exhibits, is not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934. This means it's provided for informational purposes but doesn't carry the same legal implications as a formally filed document under that section.