8-KEarnings & ResultsRegulation FDExhibits & Filings

FIRST CITIZENS BANCSHARES INC /DE/ 8-K Report, Financial Results (Oct 27, 2022)

Filed October 27, 2022For Securities:FCNCAFCNCPFCNCBFCNCOFCNCN

Summary

First Citizens BancShares, Inc. (FCNCA) filed an 8-K on October 27, 2022, to report its financial results for the quarter ended September 30, 2022. The report primarily serves to furnish the press release and investor presentation related to these results. While the filing itself doesn't contain the detailed financial figures, it directs investors to the attached Exhibit 99.1 (Press Release) and Exhibit 99.2 (Investor Presentation) for a comprehensive overview of the company's performance during the third quarter of 2022. Key information for investors would be found within these exhibits, which likely cover operational performance, profitability metrics, balance sheet changes, and management's outlook. The filing also includes a standard forward-looking statement disclaimer, highlighting potential risks and uncertainties that could affect future results, including macroeconomic factors, regulatory changes, and the integration of the CIT Group acquisition.

Key Highlights

  • 1Filing provides results for the quarter ended September 30, 2022.
  • 2Press release (Exhibit 99.1) attached for detailed financial results.
  • 3Investor presentation slides (Exhibit 99.2) also provided for discussion.
  • 4Information is furnished, not deemed 'filed' for Section 18 purposes.
  • 5Includes standard forward-looking statement disclosures.
  • 6Mentions risks related to macroeconomic conditions, interest rates, and regulatory changes.
  • 7Specifically addresses risks associated with the integration of the CIT Group acquisition.

Frequently Asked Questions

The actual financial results for the quarter ended September 30, 2022, are detailed in the Press Release (Exhibit 99.1) and the Investor Presentation (Exhibit 99.2) that are attached to this Form 8-K filing.

The filing highlights various risks including general economic and market conditions, the impact of the COVID-19 pandemic, interest rate fluctuations, regulatory actions (including Federal Reserve interest rate hikes), capital market turbulence, inflation, and specific risks related to the integration of the CIT Group acquisition.

No, in accordance with General Instruction B.2 of Form 8-K, the information furnished under Item 2.02 and Item 7.01, including the attached exhibits, is not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934. It also won't be incorporated by reference into other SEC filings unless specifically stated.

The company hosted a conference call on October 27, 2022, at 8:30 a.m. Eastern time to discuss its financial results for the quarter ended September 30, 2022.