8-KEarnings & ResultsRegulation FDExhibits & Filings

FIRST CITIZENS BANCSHARES INC /DE/ 8-K Report, Financial Results (Apr 25, 2024)

Filed April 25, 2024For Securities:FCNCAFCNCPFCNCBFCNCOFCNCN

Summary

First Citizens BancShares, Inc. (FCNCA) has filed an 8-K report on April 25, 2024, to announce its financial results for the first quarter ended March 31, 2024. The filing incorporates by reference the company's earnings release (Exhibit 99.1) and a financial supplement (Exhibit 99.3), which provide detailed operational and financial performance data for the period. Investors should review these attached documents for specific financial metrics, profitability, balance sheet changes, and any management commentary on the quarter's performance. Additionally, the report indicates a conference call was scheduled for the same day to discuss these results, with presentation slides included as Exhibit 99.2. While the 8-K itself is procedural, it serves as the official notification of the release of detailed Q1 2024 financial information, making the attached exhibits crucial for understanding the company's current financial standing and outlook. Investors should note the standard cautionary language regarding forward-looking statements included in the filing.

Key Highlights

  • 1Announcement of First Quarter 2024 Financial Results on April 25, 2024.
  • 2Key financial performance data and operational details are available in attached Exhibits 99.1 (Earnings Release) and 99.3 (Financial Supplement).
  • 3Company hosted a conference call on April 25, 2024, to discuss Q1 2024 results; presentation slides are attached as Exhibit 99.2.
  • 4The information is provided under Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure).
  • 5Standard disclosures regarding forward-looking statements and associated risks are included, referencing potential impacts from economic conditions, regulatory changes, and recent bank industry volatility.
  • 6Filing is procedural, with substantive financial details contained within the referenced exhibits.

Frequently Asked Questions

The detailed financial results are provided in the press release (Exhibit 99.1) and the financial supplement (Exhibit 99.3) which are attached to this 8-K filing and incorporated by reference.

The conference call, held on April 25, 2024, was to discuss First Citizens BancShares' financial results for the quarter ended March 31, 2024. The presentation slides used during this call are available as Exhibit 99.2.

The forward-looking statements section outlines potential risks and uncertainties that could affect the company's future financial results. These include factors like economic conditions, competitive pressures, regulatory changes, interest rate fluctuations, and the impact of recent bank failures and acquisitions. Investors should consider these factors when evaluating the company's future performance.

No, in accordance with General Instruction B.2 of Form 8-K, the information provided under Item 2.02 and Item 7.01, including the attached exhibits, is furnished and not deemed 'filed' for purposes of Section 18 of the Exchange Act or otherwise subject to its liability, unless expressly incorporated by specific reference in another filing.