First Citizens BancShares, Inc.

FCNCA Financial Banks Regional

First Citizens BancShares, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $14.5 billion, down 3.09% from fiscal 2024.

Revenue
+0.11%
EPS
+31.1%
Free cash flow
+28.7%
Total debt
−14.9%

Quarter to June 2026, against a year earlier

2,306.71 25.14 −1.08%
Market cap
$25.5B
P/E
12.3×
Fwd P/E
11.9×
Dividend yield
0.36%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

First Citizens BancShares, Inc. (FCNCA) Free cash flow margin

Alert me on Free cash flow margin

First Citizens BancShares, Inc.'s free cash flow margin over the twelve months to 30 June 2026 was 17.3%, up 1.8 percentage points from fiscal 2025 (15.5%). Over the past ten years it has ranged from −17.8% (fiscal 2021) to 48.6% (fiscal 2022); the current reading is higher than 36% of that period. That is in line with the Banks Regional industry median of 18.0% and above the Financial sector median of 11.4%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 15.5% (1.76)
FY2024 17.2% 7.10
FY2023 10.1% (38.48)
FY2022 48.6% 66.42
FY2021 −17.8% (31.69)
FY2020 13.9% (12.68)
FY2019 26.6% 5.70
FY2018 20.9% 1.52
FY2017 19.3% 0.19
FY2016 19.1% 0.33

Against its own ten years

Low −17.8% High 48.6%
Ten-year median 18.8%
Current reading's percentile 36

Free cash flow margin against peers

Company Free cash flow margin
SHG Shinhan Financial Group Co Ltd compare 57.5%
HBAN Huntington Bancshares Incorporated compare 19.1%
FCNCA First Citizens BancShares, Inc. 17.3%
KEY KeyCorp compare 13.5%
BBDO Banco Bradesco SA compare 13.2%
CFG Citizens Financial Group, Inc. compare 8.43%
BAP Credicorp Ltd. compare 0.00%
RF Regions Financial Corporation compare 0.00%
MTB M&T Bank Corporation compare 0.00%
Banks Regional industry median 18.0%
Financial sector median 11.4%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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