First Citizens BancShares, Inc. is the bank holding company for First Citizens Bank, a full-service commercial bank headquartered in Raleigh, North Carolina. Established in 1898, the company operates a network of branches across the United States, with a strong presence in the Southeast, Mid-Atlantic and select Western markets. As a publicly traded company listed on NASDAQ under the ticker FCNCO, First Citizens BancShares serves both retail and institutional clients through a diversified platform of banking services.
The company’s core business activities include deposit taking, commercial and consumer lending, and mortgage origination. First Citizens offers checking and savings accounts, certificates of deposit, and cash management solutions for individuals and businesses. On the lending side, the bank provides commercial real estate loans, equipment financing, lines of credit, and residential mortgages. In addition, First Citizens is active in the specialty finance space, having completed the acquisition of CIT Group’s banking operations in 2022 to expand its lending foothold.
Beyond traditional banking, First Citizens BancShares delivers wealth management and trust services through its subsidiary, First Citizens Wealth Management. Clients have access to financial planning, investment advisory, estate and trust administration, and private banking solutions. The company also offers treasury management, international banking and capital markets services designed to support middle-market and large corporate clients in managing liquidity, mitigating risk and executing cross-border transactions.
First Citizens BancShares is led by Frank B. Holding Jr., who serves as Chairman and Chief Executive Officer, continuing a family legacy in banking that spans multiple generations. Under Holding’s leadership, the company has pursued a strategy of targeted acquisitions and organic growth, balancing risk management with client-centric service. With a multi-state footprint and an emphasis on relationship banking, First Citizens BancShares aims to leverage its regional scale and personalized approach to serve diverse customer segments across the nation.
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