First Citizens (FCNCA) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
9.7B
Net Income
2.8B
28.54%
EPS (Diluted)
$189.41
Balance Sheet Metrics
Total Assets
223.7B
Total Liabilities
201.5B
Shareholders Equity
22.2B
Debt to Equity
9.06
Cash Flow Metrics
Operating Cash Flow
2.6B
Free Cash Flow
1.5B
Revenue & Profitability Trend
First Citizens Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 9.7B | 8.8B | 4.5B | 1.8B | 1.8B |
| Cost of Goods Sold | - | - | - | - | - |
| Gross Profit | - | - | - | - | - |
| Operating Expenses | 3.5B | 3.1B | 1.7B | 783.0M | 745.0M |
| Operating Income | - | - | - | - | - |
| Pre-tax Income | 3.6B | 12.1B | 1.4B | 701.0M | 618.0M |
| Income Tax | 815.0M | 611.0M | 264.0M | 154.0M | 126.0M |
| Net Income | 2.8B | 11.5B | 1.1B | 547.0M | 492.0M |
| EPS (Diluted) | $189.41 | $784.51 | $67.40 | $53.88 | $47.50 |
Income Statement Trend
First Citizens Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | - | - | - | - | - |
| Non-Current Assets | - | - | - | - | - |
| Total Assets | 223.7B | - | - | - | - |
| Liabilities | |||||
| Current Liabilities | - | - | - | - | - |
| Non-Current Liabilities | - | - | - | - | - |
| Total Liabilities | 201.5B | - | - | - | - |
| Equity | |||||
| Total Shareholders Equity | 22.2B | 21.3B | 9.7B | 4.7B | 4.2B |
Balance Sheet Composition
First Citizens Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 2.8B | 11.5B | 1.1B | 547.0M | 492.0M |
| Operating Cash Flow | 2.6B | 1.2B | 2.2B | -136.0M | 408.4M |
| Investing Activities | |||||
| Capital Expenditures | -1.3B | -1.2B | -818.0M | -106.0M | -132.0M |
| Investing Cash Flow | -15.6B | -9.4B | -1.8B | -3.2B | -2.9B |
| Financing Activities | |||||
| Dividends Paid | -158.0M | -117.0M | -83.0M | -42.0M | -30.0M |
| Financing Cash Flow | -2.3B | -7.3B | -2.5B | -200.0M | 441.0M |
| Free Cash Flow | 1.5B | 1.2B | 1.9B | -391.0M | 243.0M |
Cash Flow Trend
First Citizens Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
10.82
Forward P/E
11.64
Price to Book
1.18
Price to Sales
2.74
PEG Ratio
11.64
Profitability Ratios
Profit Margin
27.82%
Operating Margin
34.79%
Return on Equity
11.46%
Return on Assets
1.13%
Financial Health
Debt to Equity
1.81
Beta
0.64
Per Share Data
EPS (TTM)
$174.69
Book Value per Share
$1,596.28
Revenue per Share
$644.64
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| fcnca | 24.9B | 10.82 | 1.18 | 11.46% | 27.82% | 1.81 |
| PNC Financial | 70.3B | 12.56 | 1.39 | 11.33% | 28.75% | 1.12 |
| U.S. Bancorp | 69.7B | 11.08 | 1.31 | 11.53% | 26.38% | 1.34 |
| Nu Holdings | 59.5B | 28.05 | 6.92 | 27.91% | 38.09% | 0.27 |
| NatWest Group plc | 56.7B | 9.09 | 2.72 | 12.78% | 35.02% | 4.06 |
| Deutsche Bank AG | 54.0B | 14.79 | 0.67 | 5.17% | 13.50% | 6.43 |
Financial data is updated regularly. All figures are in the company's reporting currency.