First Citizens BancShares Q3 2026 net income falls 10% quarter-on-quarter to $606 million

By Public Technologies
  • First Citizens BancShares’ third-quarter 2026 net income rose 7% year over year to $606 million.
  • Net interest income climbed from the second quarter to $1.7 billion, supported by balance sheet growth.
  • Provision for credit losses fell 71% year over year to $55 million.
  • Deposits increased 7% from the second quarter to $185.26 billion.
  • A $1.2 billion Class A common stock repurchase plan begins in 2027, following $600 million in third-quarter repurchases.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Citizens BancShares Inc. published the original content used to generate this news brief on October 23, 2026, and is solely responsible for the information contained therein.

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