First Citizens BancShares Inc (Delaware) (OQ:FCNCA)

Business Focus: Banks

Mar 21, 2024 11:28 am ET
Coast raises $92 million in new capital, partners with Visa to expand financial tools and software for modern business fleets
NEW YORK, March 21, 2024 /PRNewswire/ -- Coast, which offers a simple and smart way for companies in the United States to manage fuel and fleet spending, today announced it has raised $92 million in new funding. The round includes $25 million in equity capital led by existing investors, including BoxGroup, Avid Ventures, Accel, Insight Partners, and Better Tomorrow Ventures, as well as new investor Vesey Ventures. The company also secured $67 million in committed debt capital from Silicon Valley Bank and TriplePoint Capital.
Feb 23, 2024 08:30 am ET
First Citizens Receives 20 Greenwich Excellence and Best Brand Awards for Middle Market Banking, Small Business Banking
RALEIGH, N.C., Feb. 23, 2024 /PRNewswire/ -- For the 11th straight year, First Citizens Bank has been recognized by Coalition Greenwich, receiving 20 national and regional Greenwich Excellence and Best Brand awards.
Feb 07, 2024 08:00 am ET
First Citizens Bank Provides $37 Million to Refinance Birmingham, AL On Campus Medical Office Building
JACKSONVILLE, Fla., Feb. 7, 2024 /PRNewswire/ -- First Citizens Bank today announced that its Healthcare Finance business provided $37 million to Rethink Healthcare Real Estate to refinance Grandview Physicians Plaza I, a medical office building located in Birmingham, Alabama.
Feb 06, 2024 08:00 am ET
First Citizens Bank Provides $22.5 Million for Orlando Ambulatory Surgery Center
RALEIGH, N.C., Feb. 6, 2024 /PRNewswire/ -- First Citizens Bank today announced that it has provided $22.5 million in financing for the development of a new outpatient surgery center in Orlando, Florida.
Feb 01, 2024 08:45 am ET
First Citizens Bank Joins with Teen Cancer America for 2024 'Month of Love' Campaign
This February, Show Teens and Young Adults with Cancer That You Care
Jan 26, 2024 05:32 am ET
First Citizens BancShares Reports Fourth Quarter 2023 Earnings
RALEIGH, N.C., Jan. 26, 2024 /PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (Nasdaq: FCNCA) reported earnings for the fourth quarter ended December 31, 2023.
Jan 26, 2024 05:30 am ET
First Citizens BancShares Declares Dividends
RALEIGH, N.C., Jan. 26, 2024 /PRNewswire/ -- The Board of Directors (the "Board") of First Citizens BancShares, Inc. ("BancShares") (NASDAQ: FCNCA) declared on Jan. 24, 2024, dividends on the company's Class A and Class B common stock, as well as Series A, B and C preferred stock for the period commencing on and including the last respective payment date. 
Jan 25, 2024 08:23 am ET
First Citizens Bank Provides $36.2 Million in Financing for Acquisition of Medical Office Buildings in North Carolina and Washington
JACKSONVILLE, Fla., Jan. 25, 2024 /PRNewswire/ -- First Citizens Bank today announced that its Healthcare Finance business provided $36.2 million in acquisition financing to Anchor Health Properties to recapitalize three medical office buildings located in Charlotte, North Carolina and Seattle, Washington. Anchor Health Properties acquired these assets directly for its own balance sheet.
Jan 22, 2024 12:15 pm ET
Bennett Named Executive Director of External Affairs at First Citizens Bank
RALEIGH, N.C., Jan. 22, 2024 /PRNewswire/ -- First Citizens Bank announced today the appointment of James Bennett as executive director of External Affairs.
Jan 18, 2024 07:00 am ET
Silicon Valley Bank Releases 23rd Annual State of the US Wine Industry Report
NAPA, Calif., Jan. 18, 2024 /PRNewswire/ -- Silicon Valley Bank (SVB), a division of First Citizens Bank, today released its 2024 State of the US Wine Industry Report. Widely regarded as the leading source for market trends in the premium wine sector, the annual report provides an assessment of the industry, analysis of current market conditions and forecasts for the year ahead. The report is based on proprietary research and survey data collected from more than 500 wineries across the US.
Jan 16, 2024 07:30 am ET
Smith Named Chief Information & Operations Officer at First Citizens BancShares, First Citizens Bank
RALEIGH, N.C., Jan. 16, 2024 /PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") announced today that Gregory L. Smith has joined the company as an executive officer and Chief Information & Operations Officer (CIOO) for BancShares and its subsidiary, First-Citizens Bank & Trust Company ("First Citizens Bank"). In this newly created position on the bank's executive leadership team, Smith will be responsible for the strategic enablement of technology, operations, cyber and data functions across the enterprise. He will report to Chairman and CEO Frank B. Holding, Jr.
Jan 08, 2024 07:00 am ET
Increased Venture Capital Investment Bolsters Women's Health Startups
Silicon Valley Bank Releases First Innovation in Women's Health Report
Jan 04, 2024 03:30 pm ET
First Citizens BancShares, Inc. Announces Date of 2023 Fourth Quarter Earnings Call
RALEIGH, N.C., Jan. 4, 2024 /PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (NASDAQ: FCNCA) today announced that it will report its financial results for the fourth quarter and year ended Dec. 31, 2023, before the U.S. financial markets open on Friday, Jan. 26, 2024.
Jan 03, 2024 08:00 am ET
First Citizens Provides $16 Million to Raymour & Flanigan for Purchase of Showroom in White Plains, New York
RALEIGH, N.C., Jan. 3, 2024 /PRNewswire/ -- First Citizens Bank today announced that its Middle Market Banking business provided $16 million in financing to Raymour & Flanigan for the purchase of an existing furniture showroom in White Plains, New York.
Dec 20, 2023 08:00 am ET
CIT Northbridge Credit Provides Working Capital Financing to Winona Foods
RALEIGH, N.C., Dec. 20, 2023 /PRNewswire/ -- First Citizens Bank today announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management LLC, has provided working capital financing via a revolving line of credit to Winona Foods in Green Bay, Wisconsin.
Dec 19, 2023 09:47 am ET
First Citizens Bank Provides $65.2 Million to Jupiter Power for Standalone Battery Energy Storage Project Financing
NEW YORK and AUSTIN, Texas, Dec. 19, 2023 /PRNewswire/ -- First Citizens Bank and Jupiter Power LLC ("Jupiter Power") today announced that First Citizens Bank's Energy Finance business and Jupiter Power have closed on $65.2 million in financing for construction of a 200-megawatt (MW) / 400 megawatt-hour (MWh) battery energy storage system in Houston, Texas.
Dec 19, 2023 08:00 am ET
First Citizens Bank Provides $65.2 Million to Jupiter Power for Standalone Battery Energy Storage Project Financing
NEW YORK and AUSTIN, Texas, Dec. 19, 2023 /PRNewswire/ -- First Citizens Bank and Jupiter Power LLC ("Jupiter Power") today announced that First Citizens Bank's Energy Finance business and Jupiter Power have closed on $65.2 million in financing for construction of a 200-megawatt (MW) / 400 megawatt-hour (MWh) battery energy storage system in Houston, Texas.
Dec 15, 2023 07:30 am ET
Leitch Appointed to First Citizens BancShares Board of Directors
RALEIGH, N.C., Dec. 15, 2023 /PRNewswire/ -- David G. Leitch has been appointed to the board of directors of First Citizens BancShares, Inc. ("BancShares") and its subsidiary, First-Citizens Bank & Trust Company ("First Citizens Bank"), effective Jan. 1, 2024.
Dec 12, 2023 08:00 am ET
First Citizens Bank Serves as Lead Arranger on $345 Million in Financing for DataBank Data Center
NEW YORK, Dec. 12, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Technology, Media and Telecommunications Finance business served as lead arranger of $345 million in financing on behalf of DataBank for construction of a new hyperscale data center in the Atlanta, Georgia, area.
Dec 11, 2023 08:00 am ET
CIT Northbridge Provides $85 Million in Financing to CVB Inc.
NEW YORK, Dec. 11, 2023 /PRNewswire/ -- First Citizens Bank today announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, LLC, provided $85 million in financing to CVB Inc.
Dec 07, 2023 08:00 am ET
First Citizens Serves as Joint Lead Arranger and Joint Bookrunner on Financing for Global Home Care Services Platform
NEW YORK, Dec. 7, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Healthcare Finance business served as joint lead arranger and joint bookrunner on financing for The Halifax Group's acquisition of the Worldwide Home Care division of Sodexo, a global home care services platform for personal and complex services for seniors and individuals with disabilities or chronic conditions.
Dec 06, 2023 08:00 am ET
First Citizens Bank Provides $10 Million to FitLife Brands, Inc. for Acquisition of MusclePharm
RALEIGH, N.C., Dec. 6, 2023  /PRNewswire/ -- First Citizens Bank today announced that its Middle Market Banking business provided $10 million in financing to FitLife Brands Inc., a provider of innovative and proprietary nutritional supplements and wellness products, for the strategic acquisition of the sports nutrition brand MusclePharm.
Dec 05, 2023 08:00 am ET
CIT Northbridge Serves as Administrative Agent on $75 Million Revolving Credit Facility
RALEIGH, N.C., Dec. 5, 2023 /PRNewswire/ -- First Citizens Bank today announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management LLC, served as administrative agent on a $75 million revolving credit facility for Stella & Chewy's LLC.
Nov 30, 2023 08:00 am ET
First Citizens Bank Arranges $75 Million in Financing for Turning Point Brands
NEW YORK, Nov. 30, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Asset-Based Lending business, part of the bank's Commercial Finance group, served as co-collateral agent on $75 million in financing for branded consumer products company Turning Point Brands Inc.
Nov 29, 2023 08:15 am ET
First Citizens Bank Arranges $99.3 Million for Kayne Anderson Real Estate and Remedy Medical Properties Joint Ventures
NEW YORK, Nov. 29, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Healthcare Finance business completed two transactions totaling $99.3 million with joint ventures managed by Kayne Anderson Real Estate and Remedy Medical Properties.
Nov 16, 2023 08:30 am ET
First Citizens Bank Provides Credit Facility to a Behavioral Healthcare Services Company
NEW YORK, Nov. 16, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Asset-Based Lending business provided a credit facility to The Stepping Stones Group to accommodate the business' seasonal working capital needs during the school year.
Nov 16, 2023 08:00 am ET
First Citizens Bank Serves as Lead Arranger on $250 Million Financing for Innovative Hybrid Thermal and Battery Energy Storage Projects in California
RALEIGH, N.C., Nov. 16, 2023 /PRNewswire/ -- First Citizens Bank announced today that its Energy Finance business acted as co-lead arranger on a $250 million financing on behalf of a portfolio of 327MW, 1hr duration battery storage projects developed in California by Middle River Power.
Nov 15, 2023 08:00 am ET
First Citizens Bank Provides $17.5 Million in Financing for Acquisition of a Rehabilitation Hospital in San Antonio, Texas
JACKSONVILLE, Fla., Nov. 15, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Healthcare Finance business provided $17.5 million in financing to Norvin Healthcare Properties for the acquisition of PAM Health Warm Springs Rehabilitation Hospital located in Northeast San Antonio, Texas.
Nov 14, 2023 11:00 am ET
First Citizens Bank Leads $170 Million Refinancing for California Battery Energy Storage Project Portfolio
NEW YORK, Nov. 14, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Energy Finance business served as lead agent on a $170 million credit facility for esVolta, a leading developer, owner and operator of utility-scale battery energy storage projects in North America.
Nov 14, 2023 09:00 am ET
First Citizens Announces Expanded Commitment to Communities in Northern California and Eastern Massachusetts
Agreement adds $6.5 billion in community lending to First Citizens' longstanding legacy of community support
Nov 07, 2023 08:00 am ET
FIRST CITIZENS BANK CONTRIBUTES $200,000 TO NONPROFITS PROVIDING RELIEF IN AREAS IMPACTED BY HAWAII WILDFIRES
RALEIGH, N.C., Nov. 7, 2023 /PRNewswire/ -- First Citizens Bank is contributing $200,000 to nonprofit organizations providing housing relief and other essential assistance in areas impacted by the recent Hawaii wildfires.
Nov 02, 2023 09:00 am ET
First Citizens Bank Provides $44 Million Construction Loan for Philadelphia Distribution Center
RALEIGH, N.C., Nov. 2, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Commercial Real Estate business provided $44 million in construction financing to Greek Real Estate Partners ('GREP') — a leading New Jersey-based, vertically-integrated real estate firm focused on industrial development — to build a Class A distribution center seven miles north of Downtown Philadelphia.
Nov 01, 2023 05:00 pm ET
First Citizens Mourns the Passing of Director Floyd Keels
RALEIGH, N.C., Nov. 1, 2023 /PRNewswire/ -- First Citizens BancShares, Inc. (Nasdaq: FCNCA) is deeply saddened to announce the death of Floyd Keels, a longtime member of the company's Board of Directors.
Nov 01, 2023 09:15 am ET
First Citizens Bank Launches 2023 Teen Cancer America Campaign
Bank's annual campaign supports nonprofit's work to improve facilities, programs and care for teens and young adults with cancer
Oct 26, 2023 06:31 am ET
First Citizens BancShares Reports Third Quarter 2023 Earnings
RALEIGH, N.C., Oct. 26, 2023 /PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (Nasdaq: FCNCA) reported earnings for the third quarter ended September 30, 2023.
Oct 26, 2023 06:30 am ET
First Citizens BancShares Declares Dividends
RALEIGH, N.C., Oct. 26, 2023 /PRNewswire/ -- The Board of Directors of First Citizens BancShares, Inc. ("BancShares") (NASDAQ: FCNCA) declared on Oct. 24, 2023, dividends on the company's Class A and Class B common stock, as well as Series A, B and C preferred stock, each for the period commencing on and including the last respective payment date.  
Oct 24, 2023 11:00 am ET
First Citizens Provides $60 Million Credit Facility for 200-Megawatt Battery Storage Project in California
NEW YORK, Oct. 24, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Energy Finance business has served as lead agent on $60 million in financing to Gore Street Energy Storage Fund plc for the development of a 200-megawatt battery storage project located in Imperial County, California.
Oct 23, 2023 04:00 pm ET
Silicon Valley Bank Rolls Out New Solutions and Research Supporting Investors and Innovation Economy Companies
SVB's latest solutions and a new State of the Fintech Industry Report available at Money20/20
Oct 18, 2023 10:00 am ET
First Citizens Bank Closes More Than $66 Million in Financings With Consumer Products Companies
RALEIGH, N.C., Oct. 18, 2023 /PRNewswire/ -- First Citizens Bank today announced that its CIT Commercial Services subsidiary, a national leader in factoring, credit protection and accounts receivable management solutions, recently closed three major client financing transactions.
Oct 17, 2023 12:57 pm ET
First Citizens Bank Coordinates $672 Million in Financings for Plus Power on Three Battery Storage Projects
RALEIGH, N.C., Oct. 17, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Energy Finance business has served as coordinating lead arranger on three battery storage project financings for Plus Power, collectively representing $672 million in financing and 700 megawatts (MW) of energy storage capacity.
Oct 17, 2023 09:00 am ET
First Citizens Bank Serves as Lead Arranger on Acquisition Financing for Encore Luxury Coaches
RALEIGH, N.C., Oct. 17, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Middle Market Banking business served as lead arranger on acquisition financing for Nashville-based Encore Luxury Coaches, a leading provider of luxury entertainment travel.
Oct 04, 2023 04:30 pm ET
First Citizens BancShares, Inc. Announces Date of 2023 Third Quarter Earnings Call
RALEIGH, N.C., Oct. 4, 2023 /PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (NASDAQ: FCNCA) today announced that it will report its financial results for the third quarter ended Sept. 30, 2023, before the U.S. financial markets open on Thursday, Oct. 26, 2023.
Oct 04, 2023 08:00 am ET
Oct 02, 2023 10:00 am ET
First Citizens Bank Extends Its Brand to Legacy CIT Business Verticals
RALEIGH, N.C., Oct. 2, 2023 /PRNewswire/ -- First Citizens Bank today announced that it is extending its brand to cover numerous commercial business verticals that previously fell under First Citizens' CIT division. This effort represents another major step towards First Citizens fully integrating CIT since its 2022 merger.
Sep 13, 2023 09:00 am ET
First Citizens Wealth Launches New Wealth Advisory Team to Serve Individuals and Institutions in Southern California
LOS ANGELES, Sept. 13, 2023 /PRNewswire/ -- First Citizens Wealth today launched a new wealth advisory business with a team of advisors across Southern California to better serve individuals, families, and institutions in growing, managing, and preserving their wealth.
Sep 12, 2023 08:00 am ET
Silicon Valley Bank Launches New Marketing Campaign
'Yes, SVB' campaign highlights company's continued service, dedication, tailored solutions and commitment to the innovation economy
Sep 11, 2023 11:15 am ET
Aug 01, 2023 09:00 am ET
First Citizens Bank Arranges $58 Million Financing for Tanger Houston
RALEIGH, N.C., Aug. 1, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Middle Market Banking business has arranged $58 million in financing for Tanger Houston, an open-air outlet center located in Texas City, serving an attractive Texas metropolitan area.
Jul 31, 2023 09:00 am ET
First Citizens Bank Provides $50.3 Million to Refinance the Medical Pavilion at White Oak on the campus of Adventist White Oak Medical Center
NEW YORK, July 31, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Healthcare Finance business, part of the CIT division, provided a $50.3 million loan to a joint venture led by Rethink Healthcare Real Estate to refinance the Medical Pavilion at White Oak, an on campus medical office building located adjacent to the Adventist White Oak Medical Center in Silver Spring, Maryland.
Jul 27, 2023 08:00 am ET
Silicon Valley Bank Appoints New Leadership to Support Life Science and Healthcare Sector
Company releases Mid-Year Healthcare Investments and Exits Report
Jul 26, 2023 09:00 am ET
First Citizens Bank Provides $20.5 Million Acquisition Loan for Forsyth Physicians Center in Greater Atlanta
NEW YORK, July 26, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Healthcare Finance group, part of the CIT division, provided $20.5 million toward the acquisition of the Forsyth Physicians Center.
Jul 26, 2023 08:01 am ET
First Citizens BancShares Declares Dividends
RALEIGH, N.C., July 26, 2023 /PRNewswire/ -- The Board of Directors of First Citizens BancShares, Inc. ("BancShares") (NASDAQ: FCNCA) declared on July 25, 2023, dividends on the company's Class A and Class B common stock, as well as Series A, B and C preferred stock, each for the period commencing on and including the last respective payment date.
Jul 25, 2023 09:00 am ET
First Citizens Bank Serves as Lead Arranger on $211 Million Financing for North Carolina Solar Power Development
NEW YORK, July 25, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Energy Finance group, part of the CIT division, served as sole lead arranger on $211 million in financing for the 200-megawatt Oak Solar power plant in Gaston, North Carolina.
Jul 25, 2023 09:00 am ET
Settle Raises $145M Credit Facility with Silicon Valley Bank
New financing underscores demand for the company's leading payments and cash-flow management suite
Jul 24, 2023 09:00 am ET
First Citizens Bank Provides a $1 Million Line of Credit to The Georgia Hemp Company
NEW YORK, July 24, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Hemp Business provided a $1 million working capital line of credit to RYJO, parent entity of The Georgia Hemp Company, to help finance a major new promotional initiative.
Jul 17, 2023 09:00 am ET
First Citizens Provides $40 Million in Financing for Florida Apartment Complex Development
NEW YORK, July 17, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Real Estate Finance group, part of the CIT division, provided $40 million in construction financing to a joint venture between Grandview Partners and Crosland Southeast for the development of Evelyn City Lofts apartments located in Tampa, Florida.
Jul 17, 2023 07:00 am ET
From Jupiter Power: First Citizens Bank Serves as Lead Arranger on $70.4 Million in Financing for Two Texas Battery Storage Projects
NEW YORK, July 17, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Energy Finance group, part of the CIT division, served as the Coordinating Lead Arranger on a $70.4 million construction and term loan financing facility for two standalone battery energy storage projects in Texas, totaling 160 megawatts (MW) / 320 megawatt-hours (MWh). BankUnited, N.A. and Siemens Financial Services participated as Joint Lead Arrangers in the financing.
Jul 12, 2023 09:00 am ET
First Citizens Bank Provides $42 Million for Development of New Studio Facilities in Yonkers, NY
NEW YORK, July 12, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Real Estate Finance business, a division of CIT, provided $42.2 million in financing to a joint venture between National Resources and Great Point Media for the development of 1050 North Broadway, a new entertainment production facility 100% pre-leased to MediaPro Studios, located in Yonkers, New York.
Jul 11, 2023 09:00 am ET
First Citizens Bank Provides $30 Million in Financing to MSea Capital
NEW YORK, July 11, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Maritime Finance business arranged up to $30 million for affiliates of MSea Capital to refinance MR product tankers.  
Jul 06, 2023 04:30 pm ET
First Citizens BancShares, Inc. Announces Date of 2023 Second Quarter Earnings Call
RALEIGH, N.C., July 6, 2023 /PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (NASDAQ: FCNCA) today announced that it will report its financial results for the second quarter ended June 30, 2023, before the U.S. financial markets open on Thursday, Aug. 3, 2023.
Jun 28, 2023 08:30 am ET
Achieve Secures $50 Million Warehouse Facility from Silicon Valley Bank
SVB's leading fintech practice provides home equity lending warehouse facility to Achieve  
Jun 26, 2023 09:00 am ET
First Citizens Bank Provides $10 Million in Financing to Nordic Hamburg
NEW YORK, June 26, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Maritime Finance group, part of the CIT division, arranged to provide Nordic Handysize IV AS, a subsidiary of Nordic Hamburg, $10 million to finance two dry bulk ships.
Jun 21, 2023 01:00 pm ET
First Citizens Bank Provides $19.5 Million for Development of Holbrook Logistics Center
NEW YORK, June 21, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Real Estate Finance business provided a $19.5 million construction loan for the development of Holbrook Logistics Center in Long Island, N.Y.
Jun 21, 2023 08:30 am ET
Jun 20, 2023 09:00 am ET
First Citizens Bank Acquires $123 Million Maritime Portfolio for Greece Vessels
NEW YORK, June 20, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Maritime Finance group, part of the CIT division, has successfully completed the acquisition of $123 million of Greek shipping loans, sharply increasing the bank's maritime financings for clients in Greece.
Jun 08, 2023 07:00 am ET
Marc Cadieux Appointed President of Silicon Valley Bank Commercial
First Citizens Bank named former SVB Chief Credit Officer to lead the industry's most experienced commercial banking team dedicated to the innovation economy 
Jun 07, 2023 09:00 am ET
First Citizens Bank Announces Promotions in CIT Commercial Services Top Leadership Roles
NEW YORK, June 7, 2023 /PRNewswire/ -- First Citizens Bank today announced that Marc Heller has been promoted to the position of vice chairman of CIT Commercial Services1, a subsidiary of First Citizens Bank, and that Michael Hudgens has been promoted to the role of CIT Commercial Services president with full responsibility for the day-to-day operation of the business. The new appointments are effective July 1.
Jun 05, 2023 09:00 am ET
First Citizens Bank Names Jim Hudak as President of CIT Commercial Finance
NEW YORK, June 5, 2023 /PRNewswire/ -- First Citizens Bank today announced that it has named noted commercial banking executive Jim Hudak as president of its CIT Commercial Finance group, a division of First Citizens Bank, effective immediately.
May 22, 2023 09:00 am ET
CIT Northbridge Credit Refinances and Upsizes $45 Million Credit Facility with Tubular Synergy
NEW YORK, May 22, 2023 /PRNewswire/ -- First Citizens Bank today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, has provided $45 million to refinance and upsize a secured credit facility for Tubular Synergy Group LP, a privately held sales, marketing and supply chain services distributor.
May 18, 2023 09:00 am ET
CIT Northbridge Credit Provides $40 Million Credit Facility for Tronair
NEW YORK, May 18, 2023 /PRNewswire/ -- First Citizens Bank today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, has provided $40 million in financing for Tronair, a leader in the manufacturing of ground support equipment, aftermarket replacement parts and services for the global aviation market.
May 17, 2023 09:00 am ET
First Citizens Provides $30 Million in Financing for Amavida Living Community in Florida
NEW YORK, May 17, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Healthcare Finance group, part of the CIT division, provided $30 million to refinance the Amavida Living Community in Fort Myers, Florida.
May 10, 2023 06:31 am ET
First Citizens BancShares Reports First Quarter 2023 Earnings
RALEIGH, N.C., May 10, 2023 /PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (Nasdaq: FCNCA) reported earnings for the first quarter ended March 31, 2023.
May 09, 2023 09:41 am ET
Pivot Energy Closes $200 Million Financing Facility for a 100 MW Multi-State Portfolio of Distributed Solar Projects
Silicon Valley Bank leads the financing in the first loan closing since being acquired by First Citizens Bank
Apr 27, 2023 09:00 am ET
First Citizens Bank Provides $16 Million in Financing to FitLife Brands, Inc.
RALEIGH, N.C., April 27, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Middle Market Banking business provided $16 million in financing to FitLife Brands, Inc., a provider of innovative and proprietary nutritional supplements headquartered in Omaha, Nebraska.
Apr 26, 2023 08:01 am ET
First Citizens BancShares Declares Dividends
RALEIGH, N.C., April 26, 2023 /PRNewswire/ -- The Board of Directors of First Citizens BancShares, Inc. ("BancShares") (NASDAQ: FCNCA) declared on April 25, 2023, dividends on the company's Class A and Class B common stock, as well as Series A, B and C preferred stock, each for the period commencing on and including the last respective payment date.  
Apr 06, 2023 04:30 pm ET
First Citizens BancShares, Inc. Announces Date of 2023 First Quarter Earnings Call
RALEIGH, N.C., April 6, 2023 /PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (NASDAQ: FCNCA) today announced that it will report its financial results for the first quarter ended March 31, 2023, before the U.S. financial markets open on Wednesday, May 10, 2023.
Mar 30, 2023 09:00 am ET
First Citizens Bank Provides $44.2 Million for Medical Office Building Portfolio
NEW YORK, March 30, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Healthcare Finance group, part of the CIT division, has provided $44.2 million to affiliates of Kayne Anderson Real Estate and Remedy Medical Properties to finance a portfolio of medical office building properties.
Mar 27, 2023 01:34 am ET
First Citizens Bank Enters into Whole Bank Purchase of Silicon Valley Bridge Bank, N.A.
Acquisition affirms First Citizens' commitment to support Silicon Valley Bank depositors and borrowers
Mar 14, 2023 09:00 am ET
First Citizens Middle Market Banking Expands in the Midwest and South Central U.S.
RALEIGH, N.C., March 14, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Middle Market Banking group is expanding yet again – this time to better support the financial needs and goals of midsize businesses in the Midwest and South Central U.S.
Feb 23, 2023 12:00 pm ET
First Citizens Receives 20 Greenwich Excellence and Brand Awards for Small Business and Middle Market Banking
RALEIGH, N.C., Feb. 23, 2023 /PRNewswire/ -- For the tenth consecutive year, North Carolina-headquartered First Citizens Bank continues to be recognized by Coalition Greenwich with several national and regional awards for small business and middle market banking.
Feb 13, 2023 10:37 am ET
Atkinson to Chair North Carolina Bankers Association Future Bank Leaders Program Steering Committee
RALEIGH, N.C., Feb. 13, 2023 /PRNewswire/ -- Mike Atkinson, senior director of community development at First Citizens, has been named steering committee chair for the North Carolina Bankers Association (NCBA) Future Bank Leaders program.
Feb 08, 2023 08:00 am ET
First Citizens Bank Provides $31.2 Million for Acquisition of Cancer Treatment Center in Columbia, South Carolina
NEW YORK, Feb. 8, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Healthcare Finance group, part of the CIT division, provided $31.2 million to Montecito Medical Real Estate to finance the acquisition of a cancer treatment center in Columbia, South Carolina.
Feb 07, 2023 10:00 am ET
First Citizens Middle Market Banking Announces Business-Focused Webinar Series
RALEIGH, N.C., Feb. 7, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Middle Market Banking business is launching a business-focused webinar series to provide a range of expert insight to owners, executives, service providers and others engaged with middle market companies.
Feb 02, 2023 08:00 am ET
First Citizens Bank Serves as Lead Arranger on $65.7 Million in Financing for Development of Apartments in Washington State
NEW YORK, Feb. 2, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Real Estate Finance group, part of the CIT division, served as lead arranger on $65.7 million in financing to MainStreet Property Group for the development of The Spark Apartments, a 211-unit, Class A multifamily project in Redmond, Washington.
Jan 31, 2023 08:00 am ET
First Citizens Bank Provides $52.4 Million to Finance Portfolio of Medical Office Building Properties
NEW YORK, Jan. 31, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Healthcare Finance group, part of the CIT division, has provided $52.4 million to affiliates of Kayne Anderson Real Estate and Remedy Medical Properties to finance a portfolio of medical office building properties.
Jan 26, 2023 05:31 am ET
First Citizens BancShares Reports Fourth Quarter 2022 Earnings
RALEIGH, N.C., Jan. 26, 2023 /PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (NASDAQ: FCNCA) reported earnings for the fourth quarter and year-to-date period ended December 31, 2022.
Jan 26, 2023 05:30 am ET
First Citizens BancShares Declares Dividends
RALEIGH, N.C., Jan. 26, 2023 /PRNewswire/ -- The Board of Directors of First Citizens BancShares, Inc. ("BancShares") (NASDAQ: FCNCA) declared on Jan 24, 2023, dividends on the company's Class A and Class B common stock, as well as Series A, B and C preferred stock, each for the period commencing on and including the last respective payment date.  
Jan 18, 2023 08:00 am ET
First Citizens Bank Arranges $44.2 Million of Debt Financing for Navios Maritime Partners L.P.
NEW YORK, Jan. 18, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Maritime Finance group, part of the CIT division, served as sole lead arranger on $44.2 million in debt financing for Navios Maritime Partners L.P. ("Navios Partners"). Proceeds from the financing, which is secured by product tankers, will be used by Navios Partners to refinance existing debt.
Jan 06, 2023 02:30 pm ET
First Citizens BancShares, Inc. Announces Date of 2022 Fourth Quarter and Year End Earnings Call
RALEIGH, N.C., Jan. 6, 2023 /PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (NASDAQ: FCNCA) today announced that it will report its financial results for the fourth quarter and year ended Dec. 31, 2022, before the U.S. financial markets open on Thursday, Jan. 26, 2023.
Dec 14, 2022 08:00 am ET
CIT Provides $27.8 Million for Acquisition of Medical Office Buildings in Wichita, Kansas
NEW YORK, Dec. 14, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Healthcare Finance business provided $27.8 million to a joint venture between Kayne Anderson Real Estate and Remedy Medical Properties for the acquisition of a surgical hospital and medical office building portfolio located in Wichita, Kansas.
Dec 13, 2022 09:01 am ET
First Citizens Bank Named to Computerworld’s 2023 Best Places to Work in IT
North Carolina-headquartered First Citizens Bank has been named by Foundry's Computerworld as one of its 2023 Best Places to Work in IT. “Appearing on this much-watched and oft-cited tech industry list is a great honor for First Citizens that...
Dec 07, 2022 09:05 am ET
CIT Serves as Co-Lead on $85 Million in Financing for NineDot Energy
NEW YORK, Dec. 7, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Power and Energy business served as co-coordinating lead arranger on an $85 million construction-to-term debt financing for NineDot Energy LLC ("NineDot Energy"), a leading developer of distributed community energy projects in the New York City metro region.
Dec 06, 2022 08:00 am ET
CIT Provides $35 Million Credit Facility to Utopia Deals
NEW YORK, Dec. 6, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Asset-Based Lending business has provided a $35 million revolving credit facility to Utopia Deals.
Dec 05, 2022 08:00 am ET
CIT Northbridge Credit Provides $27.78 Million Credit Facility to Applied Optoelectronics
NEW YORK, Dec. 5, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as agent on a $27.78 million credit facility for Applied Optoelectronics, Inc. (NASDAQ: AAOI), a leading provider of fiber-optic networking products.
Dec 01, 2022 08:00 am ET
CIT Leads $135.6 Million Financing for Superior Biologics
NEW YORK, Dec. 1, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Healthcare Finance business served as lead arranger of $135.6 million in financing for Superior Biologics Inc.
Nov 29, 2022 02:00 pm ET
First Citizens Bank’s 2022 Holiday Campaign Celebrates Teen Cancer America’s 10th Anniversary
To honor Teen Cancer America’s (TCA) 10th anniversary of helping teens and young adults with cancer, First Citizens Bank is encouraging everyone to make a donation to the nonprofit this holiday season. The bank’s holiday campaign for TCA runs...
Nov 21, 2022 08:00 am ET
Quinlan Development Group and GTIS Partners Announce Opportunity Zone Joint Venture for Brooklyn, NY Residential Development
NEW YORK, Nov. 21, 2022 /PRNewswire/ -- Quinlan Development Group ("QDG"), a multi-generational real estate investment company with a track record of developing over 3.5 million square feet of real estate and over one billion dollars of assets currently under management, and GTIS Partners ("GTIS"), a global real estate investment firm that manages approximately $4.3 billion in real estate with a U.S. focus on residential and industrial/logistics investments, announced today the formation of a joint venture and the acquisition of 374 4th Avenue for the development of a class-A mixed-use resid
Nov 17, 2022 08:00 am ET
CIT Serves as Lead Arranger on $419 Million in Financing for Broad River Power Facility in South Carolina
NEW YORK, Nov. 17, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Power and Energy business served as lead arranger on $419 million in financing for acquisition of the Broad River power generation facility in Gaffney, South Carolina.
Nov 16, 2022 08:00 am ET
CIT Provides $34 Million for Development of Lionsgate Warburton Studios in Yonkers, New York
NEW YORK, Nov. 16, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Real Estate Finance business provided $34 million in financing to a joint venture between i.Park and Great Point Media for the development of the Lionsgate Warburton Studios, an entertainment production facility in Yonkers, New York.
Nov 14, 2022 04:30 pm ET
First Citizens Bank Completes Operational Conversion of CIT Bank Division Branches
First Citizens Bank announced that its CIT Bank division has completed conversion of its branches to First Citizens’ operations and systems. This conversion integrates CIT Bank branch customer accounts into First Citizens products and services....
Nov 03, 2022 08:00 am ET
CIT Leads Construction Financing for Major New Texas Solar Project
NEW YORK, Nov. 3, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Power and Energy business served as coordinating lead arranger of construction financing for a major new solar energy project in Texas.
Oct 28, 2022 09:01 am ET
Flood Appointed to First Citizens BancShares Board of Directors, Heavner Retires
Eugene Flood Jr. has been appointed to the Board of Directors of First Citizens BancShares (“BancShares”) and its First-Citizens Bank & Trust Company (“First Citizens Bank”) subsidiary, effective Jan. 1, 2023. He fills the vacancy that will be...
Oct 27, 2022 06:39 am ET
First Citizens BancShares Declares Dividends
The Board of Directors of First Citizens BancShares, Inc. (“BancShares”) (Nasdaq: FCNCA) declared on Oct. 25, 2022, dividends on the company’s Class A and Class B common stock, as well as Series A, B and C preferred stock, each for the period...
Oct 27, 2022 06:39 am ET
First Citizens BancShares Reports Third Quarter 2022 Earnings
First Citizens BancShares, Inc. (“BancShares”) (Nasdaq: FCNCA) reported earnings for the third quarter and year-to-date period ended September 30, 2022. Chairman and CEO Frank B. Holding, Jr. on third quarter results, "We are pleased...
Oct 18, 2022 09:00 am ET
CIT Provides $39.25 Million for Acquisition of Medical Office Buildings
NEW YORK, Oct. 18, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Healthcare Finance business provided $39.25 million in financing for the acquisition of a portfolio of seven medical office buildings and dialysis centers in Texas, Georgia, Washington and Idaho.
Oct 12, 2022 11:59 am ET
CIT Closes $50 Million Factoring Facility with Consumer Technology Firm
NEW YORK, Oct. 12, 2022 /PRNewswire/ -- CIT Commercial Services, a subsidiary of First Citizens Bank, today announced that it has completed a $50 million factoring facility with a West Coast consumer technology firm.
Oct 05, 2022 04:30 pm ET
First Citizens BancShares, Inc. Announces Date of 2022 Third Quarter Earnings Call
First Citizens BancShares, Inc. today announced that it will report its financial results for the third quarter ended Sept. 30, 2022, before the U.S. financial markets open on Thursday, Oct. 27, 2022. In addition, First Citizens will host a...
Oct 04, 2022 09:00 am ET
CIT Northbridge Credit Serves as Agent on $40 Million Financing to Biery Cheese
NEW YORK, Oct. 4, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as agent on a $40 million revolving credit facility provided to Biery Cheese. The credit facility refinances Biery Cheese's existing senior debt and provides additional liquidity to support increased production. Croley, Martell & Associates, Ltd. served as advisor on the refinancing and referred the transaction to CIT Northbridge Credit.
Sep 27, 2022 09:00 am ET
CIT Arranges $58.9 Million Financing for Micro-Hospital Portfolio
NEW YORK, Sept. 27, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Healthcare Finance business served as lead arranger of $58.9 million in financing for the acquisition of a portfolio of six micro-hospitals.
Sep 22, 2022 09:00 am ET
CIT Northbridge Provides Financing to Mohawk Fine Papers
NEW YORK, Sept. 22, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, provided financing to Mohawk Fine Papers, the largest privately held premium paper manufacturer in North America. The financing will be used to refinance existing debt and provide working capital to support strategic initiatives and future endeavors.
Sep 19, 2022 07:57 am ET
CIT Serves as Sole Lead Arranger on $110 Million Financing for Quipt Home Medical
NEW YORK, Sept. 19, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Healthcare Finance business has provided $110 million in senior secured credit facilities to Quipt Home Medical Corp.
Sep 19, 2022 07:30 am ET
Quipt Home Medical Announces Closing of Upsized Senior Credit Facilities for $110 Million to Accelerate Future Growth
Quipt Home Medical Corp. (“Quipt” or the “Company”) (NASDAQ:QIPT; TSXV:QIPT), a U.S. based leader in the home medical equipment industry, focused on end-to-end respiratory care, is very pleased to announce the closing of $110,000,000 in senior...
Sep 15, 2022 09:00 am ET
CIT Northbridge Serves as Agent on $65 Million Financing for Leading Sustainable Apparel Retailer Everlane
NEW YORK, Sept. 15, 2022 /PRNewswire/ -- CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as agent on a $65 million revolving credit facility for Everlane, Inc., a leading retailer of sustainable apparel, accessories and footwear in the U.S.  
Sep 14, 2022 09:00 am ET
CIT Arranges Financing for SK Capital Investment in VanDeMark Chemical
NEW YORK, Sept. 14, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Sponsor Finance business served as lead arranger of debt financing to support SK Capital Partners' investment in VanDeMark Chemical in partnership with existing co-owner Comvest Partners.
Sep 13, 2022 09:00 am ET
CIT Provides $50.8 Million to Seavest Healthcare Properties
NEW YORK, Sept. 13, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Healthcare Finance business provided $50.8 million to Seavest Healthcare Properties, LLC for the refinancing of Providence Family Wellness Center and Medical Office Building.
Sep 08, 2022 09:00 am ET
CIT Provides $10 Million to Charleston-based Blue Sky Specialty Pharmacy
NEW YORK, Sept. 8, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Asset-Based Lending business provided $10 million in financing to Blue Sky Specialty Pharmacy.
Sep 07, 2022 09:00 am ET
CIT Provides $100 Million in Financing for Stonegate Capital
NEW YORK, Sept. 7, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that the Specialty Finance unit of its Asset-Based Lending business provided $100 million in financing to Stonegate Capital, a middle-market asset-based lender primarily focused on the consumer vertical and opportunistic credits. Stonegate Capital, headquartered in Chicago, is a wholly owned division of SG Credit Partners.  
Sep 01, 2022 09:00 am ET
Online Leader CIT Bank Recognized for Delivering Best 'Humanized' Customer Experience
PASADENA, Calif., Sept. 1, 2022 /PRNewswire/ -- CIT Bank, the national online bank, today announced that it has been ranked as No. 1 in the nation for humanizing the customer experience in an independent survey conducted by American Banker in partnership with Monigle, a brand experience agency.
Aug 30, 2022 09:00 am ET
CIT Increases Financing for FOX Rehabilitation by $50 Million
NEW YORK, Aug. 30, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Healthcare Finance business increased its existing credit facilities for FOX Rehabilitation by $50 million for a total financing of $172.3 million.
Aug 25, 2022 09:00 am ET
CIT Increases Financing to Globus Maritime Limited by $18 Million
NEW YORK, Aug. 25, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Maritime Finance business has increased its financing for Globus Maritime Limited by $18 million.
Aug 17, 2022 09:00 am ET
CIT Arranges $67.5 Million Financing for Acquisition and Expansion of Surgical Hospital and Adjacent Medical Office
NEW YORK, Aug. 17, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Healthcare Finance business served as lead arranger for $67.5 million in financing for the acquisition and future expansion of the Northwest Specialty Hospital in the Greater Spokane market region.
Aug 16, 2022 09:00 am ET
CIT Serves as Lead Arranger on $53 Million Financing for Washington-BWI Industrial Properties
NEW YORK, Aug. 16, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Real Estate Finance business served as lead arranger on $53 million in financing for the acquisition of six industrial properties.
Aug 15, 2022 07:30 am ET
Quipt Home Medical Announces Commitment Letter for $80 Million of Senior Credit Facilities to Fund Future Growth
Quipt Home Medical Corp. (“Quipt” or the “Company”) (NASDAQ:QIPT; TSXV:QIPT), a U.S. based leader in the home medical equipment industry, focused on end-to-end respiratory care, is very pleased to announce it has received a binding commitment...
Aug 11, 2022 09:00 am ET
CIT Closes $75 Million Factoring Facility with Consumer Products Wholesaler
NEW YORK, Aug. 11, 2022 /PRNewswire/ -- CIT Commercial Services, a subsidiary of First Citizens Bank, today announced that it has completed a $75 million factoring facility on behalf of a consumer products wholesaler.
Aug 03, 2022 09:00 am ET
CIT Increases Lending Facility for Fashion Company to $100 Million
NEW YORK, Aug. 3, 2022 /PRNewswire/ -- CIT Commercial Services, a subsidiary of First Citizens Bank, today announced that it increased a New York-based fashion company's discretionary lending facility to $100 million to support the acquisition of an entity that specializes in children's apparel.
Aug 02, 2022 09:00 am ET
CIT Serves as Sole Lead Arranger of Financing for Swell Energy's Commercial Behind-The-Meter Energy Storage Projects
NEW YORK, Aug. 2, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Power and Energy business served as sole lead arranger of financing for the development of Swell Energy's pipeline of new behind-the-meter commercial energy storage projects in California.
Aug 01, 2022 04:00 pm ET
CIT Provides Acquisition Financing for Apartment Complex in Florida
NEW YORK, Aug. 1, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Real Estate Finance business provided a loan to TruAmerica Multifamily for the acquisition of The Park at Napoli Apartments in Winter Park, Florida.
Jul 28, 2022 07:30 am ET
First Citizens BancShares Declares Dividends
The Board of Directors of First Citizens BancShares, Inc. (“BancShares”) (Nasdaq: FCNCA) declared on July 26, 2022, dividends on the company’s Class A and Class B common stock, as well as Series A, B and C preferred stock, each for the period...
Jul 28, 2022 07:29 am ET
First Citizens BancShares Reports Second Quarter 2022 Earnings
First Citizens BancShares, Inc. (“BancShares”) (Nasdaq: FCNCA) reported earnings for the second quarter and year to date period ended June 30, 2022. Chairman and CEO, Frank B. Holding, Jr. on second quarter results, "We are pleased...
Jul 20, 2022 10:00 am ET
CIT Serves as Lead Arranger of $88 Million Financing for Texas Battery Energy Storage System
NEW YORK, July 20, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Power and Energy business arranged $88 million in financing for a 173-megawatt stand-alone merchant battery storage facility in Texas.
Jul 18, 2022 04:00 pm ET
First Citizens Bank Completes Operational Conversion of OneWest Bank Division
First Citizens Bank announced that its OneWest Bank division based in Southern California has completed its conversion to First Citizens’ operations and systems. This conversion integrates OneWest Bank customer accounts into First Citizens products...
Jul 12, 2022 09:00 am ET
CIT Provides $80 Million to Refinance Two Container Ships
NEW YORK, July 12, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Maritime Finance business provided $80 million to refinance two Korean-built container ships operated by Seamax.
Jul 06, 2022 04:30 pm ET
First Citizens BancShares, Inc. Announces Date of 2022 Second Quarter Earnings Call
First Citizens BancShares, Inc. today announced that it will report its financial results for the second quarter ended June 30, 2022, before the U.S. financial markets open on Thursday, July 28, 2022. In addition, First Citizens will host a...
May 31, 2022 09:00 am ET
CIT Provides $22 Million to Refinance Chandler Medical Plaza
NEW YORK, May 31, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Healthcare Finance business served as sole lender on a $22 million loan to AZ Banner Investments LLC, which is managed by Webb Management & Investments, LLC. The loan was used to refinance the Chandler Medical Plaza, a three-story medical office building in Chandler, Arizona.
May 24, 2022 09:00 am ET
CIT Provides Up to $30.5 Million Financing for Lomar Portfolio
NEW YORK, May 24, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Maritime Finance business served as sole lead arranger on up to $30.5 million in financing to expand Lomar Shipping's portfolio of dry bulk vessels.
May 18, 2022 09:00 am ET
CIT Provides $30 Million for Acquisition of Apartment Complex in Arizona
NEW YORK, May 18, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Real Estate Finance business provided $30 million for the acquisition of an apartment complex in Phoenix, Arizona.
May 11, 2022 09:00 am ET
CIT Arranges $714 Million for Thermal Generation Assets in California
NEW YORK, May 11, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Power and Energy business served as coordinating lead arranger on $714 million in financing for a portfolio of thermal generation assets in California.
May 05, 2022 11:02 am ET
First Citizens Bank Forecast Shows Pandemic Rebound on Small Business Success
The majority of small business owners recorded feeling more successful in the past year following a rebound from the ongoing global pandemic, according to a new survey. The eighth annual First Citizens Bank Small Business Forecast found more than...
May 05, 2022 09:00 am ET
CIT Increases Financing for Polsteam Ship Operator by Nearly $10 Million
NEW YORK, May 5, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Maritime Finance business has increased its financing for Polska Zegluga Morska Capital Group, also known as Polsteam Group, by $10 million via a secondary purchase.
Apr 28, 2022 12:00 pm ET
CIT Northbridge Provides $65 Million to Family Care Company Hello Bello™
NEW YORK, April 28, 2022 /PRNewswire/ -- CIT Northbridge Credit, as advised by CIT Asset Management LLC, has served as sole lead arranger on a $65 million credit facility for Hello Bello, a manufacturer and marketer of baby, child and adult care products.
Apr 28, 2022 06:45 am ET
First Citizens BancShares Declares Dividends
The Board of Directors of First Citizens BancShares, Inc. (“BancShares”) (Nasdaq: FCNCA) declared on April 26, 2022, dividends on the company’s Class A and Class B common stock, as well as Series A, B and C preferred stock, each for the period...
Apr 28, 2022 06:45 am ET
First Citizens BancShares Reports Earnings For The First Quarter Of 2022
First Citizens BancShares, Inc. (“BancShares”) (Nasdaq: FCNCA) reported earnings for the first quarter ended March 31, 2022. Chairman and CEO, Frank B. Holding, Jr. on first quarter results, “We are pleased to announce solid first quarter results....
Apr 27, 2022 10:00 am ET
CIT Wins 2022 FinTech Breakthrough Award for Community Association Banking Payment Platform
NEW YORK, April 27, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced its Community Association Banking group has been selected as winner of the "Best B2B Payments Platform" award for C-PropertyPay in the sixth annual FinTech Breakthrough Awards program. The recognition was awarded by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today.
Apr 21, 2022 09:00 am ET
CIT Northbridge Provides $145 Million Credit Facility to Natural Gas Compression Systems
NEW YORK, April 21, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $145 million credit facility for Natural Gas Compression Systems Inc.
Apr 14, 2022 09:00 am ET
CIT Names Business Development Officer in Capital Equipment Finance for the West Region
NEW YORK, April 14, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Capital Equipment Finance business has named Eric Smith as a business development officer serving the West region.
Apr 13, 2022 12:30 pm ET
CIT Provides $37.2 Million Financing for Distribution Facility in Pittsburgh, Pennsylvania
NEW YORK, April 13, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Real Estate Finance business provided a $37.2 million loan to Aminim Group to finance the acquisition of a bulk distribution facility in Pittsburgh, Pennsylvania.
Apr 06, 2022 04:31 pm ET
First Citizens BancShares, Inc. Announces Date of 2022 First Quarter Financial Results, Earnings Call
First Citizens BancShares, Inc. today announced that it will report its financial results for the first quarter ended March 31, 2022, before the U.S. financial markets open on Thursday, April 28, 2022. In addition, First Citizens will host a...
Apr 06, 2022 09:00 am ET
CIT Names New Business Development Leaders and Account Executive-Team Leader in Commercial Services
NEW YORK, April 6, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Commercial Services business is promoting and hiring new business development leaders to support clients and drive growth in factoring finance in the Northeast and West.
Apr 05, 2022 09:00 am ET
CIT Arranges Financing for Noted Fashion Brand Kenneth Cole Productions Inc.
NEW YORK, April 5, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Asset-Based Lending business served as lead arranger on financing for Kenneth Cole Productions Inc., a renowned men's and women's fashion brand.
Mar 31, 2022 09:00 am ET
CIT Provides $35.6 Million for Acquisition of Two Massachusetts Residential Complexes
NEW YORK, March 31, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Real Estate Finance business provided $35.6 million for the acquisition of two multifamily residential properties in the North Shore area of Massachusetts.
Mar 29, 2022 09:00 am ET
CIT Northbridge and Tiger Finance Arrange Financing of Up to $47 Million for a Leading E-Commerce Seller of Branded Products
NEW YORK, March 29, 2022 /PRNewswire/ -- CIT Northbridge Credit, as advised by CIT Asset Management, and Tiger Finance today announced they have arranged up to $47 million in financing for a leading e-commerce seller of branded consumer products.
Mar 28, 2022 09:00 am ET
CIT Provides $29.9 Million Financing for Portfolio of Industrial Buildings in Greater Chicago
NEW YORK, March 28, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Real Estate Finance business provided a $29.9 million loan for the acquisition of a portfolio of industrial buildings in Greater Chicago by Aminim Group.
Mar 24, 2022 10:26 am ET
CIT Launches New Golf & Turf Equipment Leasing and Financing Vertical
NEW YORK, March 24, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that it is launching a new lending and leasing vertical focused on financing fleet golf cars, turf (grounds care) equipment, utility vehicles and similar equipment.
Mar 22, 2022 09:00 am ET
CIT Provides $30 Million for School Construction and Renovation Work
NEW YORK, March 22, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Middle Market Banking business provided $30 million toward construction and enhancement of school facilities in Wahoo, Nebraska.
Mar 16, 2022 10:00 am ET
Technology and Talent Investments Critical for Business Transformation, CIT Survey Says
Businesses invest in technology to facilitate digital work, but about half want employees back in the workplace long termMost businesses expect company revenue to grow over next 12 monthsPriorities for year ahead include tech upgrades to drive efficiency and adapt to digital-first marketplaceNEW YORK, March 16, 2022 /PRNewswire/ -- Businesses are investing in technology to expand online operations and facilitate remote work during the pandemic. But many of those same businesses are also eager to see their employees return to the workplace in greater numbers over the long term.
Mar 08, 2022 09:01 am ET
First Citizens BancShares, Inc. Announces Investor Conference Call, March 24, 9 a.m. Eastern Time
First Citizens BancShares, Inc. today announced that it will hold an investor conference call at 9 a.m. Eastern time on Thursday, March 24, 2022, to provide financial information about its recent merger and discuss strategic objectives. Materials...
Mar 07, 2022 01:00 pm ET
CIT Announces New Organizational Structure for Factoring Business
NEW YORK, March 7, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced a reorganization of its Commercial Services factoring business to position it for accelerated growth by providing even better service for clients and prospects.
Mar 03, 2022 08:00 am ET
CIT Serves as Sole Lender of $39.6 Million Financing for Industrial Facility in Baltimore, Maryland
NEW YORK, March 3, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Real Estate Finance business served as sole lead arranger on a $39.6 million loan to an affiliate of Clarion Partners to finance the acquisition and development of Southside Logistics Center, an industrial facility in Baltimore, Maryland.
Feb 24, 2022 10:05 am ET
First Citizens Receives 22 Greenwich Excellence and Brand Awards for Small Business and Middle Market Banking
North Carolina-headquartered First Citizens Bank continues to be recognized as a leader in small business and middle market banking, receiving a total of 22 Greenwich Excellence and Brand Awards for 2021. “These awards place First Citizens among...
Feb 24, 2022 08:00 am ET
CIT Provides $51 Million for Acquisition of Arizona Apartment Complex
NEW YORK, Feb. 24, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Real Estate Finance business provided $51 million in financing for the acquisition of the Oceana Apartments in Avondale, Arizona.
Feb 23, 2022 08:00 am ET
CIT Provides More Than $44 Million for Medical Office Building Properties
NEW YORK, Feb. 23, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Healthcare Finance division provided more than $44 million toward the financing of medical office buildings and facilities in Florida, Washington, and Arizona.
Feb 17, 2022 08:00 am ET
CIT Serves as Coordinating Lead Arranger on $71.4 Million Financing for Howard County, Maryland Solar Portfolio
NEW YORK, Feb. 17, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Power and Energy business served as coordinating lead arranger on a $71.4 million in financing for a portfolio of solar projects.
Feb 16, 2022 08:00 am ET
CIT Provides $80.7 Million to IRA Capital for Surgical Center Acquisitions
NEW YORK, Feb. 16, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Healthcare Finance business served as sole lead arranger on two financings totaling $80.7 million for the acquisition of surgical centers in Naples, Florida, and Alexandria, Louisiana.
Feb 14, 2022 08:14 am ET
CIT Northbridge Serves as Sole Lead Arranger on $20 Million Credit Facility for Davey Coach Holdings, LLC
NEW YORK, Feb. 14, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $20 million senior lending facility for Davey Coach Holdings, a portfolio company of Progress Equity Partners and one of the nation's leading providers of new and used shuttle bus and rental services.
Feb 02, 2022 08:00 am ET
CIT Serves as Sole Lender on $35 Million Credit Facility for D.P. Nicoli
NEW YORK, Feb. 2, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Asset-Based Lending business served as sole lender on a $35 million senior secured credit facility for D.P. Nicoli Inc.
Jan 26, 2022 10:01 am ET
First Citizens Bank Announces Changes to Nonsufficient Funds, Overdraft Fees
First Citizens Bank today announced a new approach to the fees it charges consumer customers for insufficient funds and overdrafts. The Raleigh, North Carolina-headquartered bank will: Eliminate its nonsufficient funds (NSF) fee of $36. The NSF...
Jan 26, 2022 06:30 am ET
First Citizens BancShares Declares Dividends
The Board of Directors of First Citizens BancShares, Inc. (“BancShares”) (Nasdaq: FCNCA) declared on Jan. 25, 2022, dividends on the company’s Class A and Class B common stock, as well as Series A and C preferred stock, each for the period...
Jan 26, 2022 06:30 am ET
First Citizens BancShares Reports Earnings for Fourth Quarter and Full Year 2021
First Citizens BancShares, Inc. (“BancShares”) (Nasdaq: FCNCA) reported earnings for the fourth quarter and year ended December 31, 2021. Key results are presented below: FOURTH QUARTER RESULTS              Q4 2021Q4 2020 Q4 2021Q4 2020 Q4 2021Q4...
Jan 24, 2022 04:32 pm ET
First Citizens Bank Announces Redemption of Approximately $2.9 Billion of Its Senior Unsecured Debt
First Citizens BancShares, Inc. (Nasdaq: FCNCA) (“First Citizens”), parent company of First-Citizens Bank & Trust Company (“First Citizens Bank”), today announced that First Citizens Bank has given notice of its intention to redeem approximately...
Jan 20, 2022 08:00 am ET
CIT Provides More Than $5 Million in Financing to Construction Firm for Heavy Equipment
NEW YORK, Jan. 20, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that the Industrial group within its Equipment Finance business provided more than $5 million toward the acquisition of multiple pieces of heavy equipment by a large construction firm.
Jan 19, 2022 08:00 am ET
CIT Serves as Lead Arranger of $50.5 Million Financing for New York State Solar Portfolio
NEW YORK, Jan. 19, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Power and Energy business served as lead arranger of $50.5 million in financing for construction of Amp's NY3 assets, a planned portfolio of new community solar installations in New York State.
Jan 12, 2022 08:00 am ET
CIT Provides Financing for Medical Transport Helicopters
NEW YORK, Jan. 12, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Aerospace, Defense and Government business provided financing for seven leased helicopters managed by Thora Capital.
Jan 11, 2022 04:15 pm ET
First Citizens BancShares, Inc. Announces Date of 2021 Fourth Quarter and Year End Financial Results, Earnings Call
First Citizens BancShares, Inc. today announced that it will report its financial results for the fourth quarter and year ended December 31, 2021, before the U.S. financial markets open on Wednesday, January 26, 2022. In addition, First Citizens...
Jan 10, 2022 08:10 am ET
Savings Are Up, But New Year's Resolutions Bring Financial Requirements
NEW YORK, Jan. 10, 2022 /PRNewswire/ -- According to a new survey from CIT Bank conducted by The Harris Poll, an encouraging 70% of Americans are saving the same amount or more money compared to last year. Despite prioritizing their savings, 49% of respondents planning to make a resolution plan to purchase something, such as a material item or subscription service, to maintain their 2022 New Year's resolutions – signaling a potential concern in balancing savings goals with spending temptations.
Jan 04, 2022 06:00 am ET
First Citizens Completes Merger With CIT Group
First Citizens BancShares Inc. (NASDAQ: FCNCA) (“First Citizens”), parent company of First-Citizens Bank & Trust Company (“First Citizens Bank”), today announced completion of its previously announced merger with CIT Group Inc. (“CIT”). North...
Jan 04, 2022 05:00 am ET
First Citizens Completes Merger With CIT Group
RALEIGH, N.C., Jan. 4, 2022 /PRNewswire/ -- First Citizens BancShares Inc. (NASDAQ: FCNCA) ("First Citizens"), parent company of First-Citizens Bank & Trust Company ("First Citizens Bank"), today announced completion of its previously announced merger with CIT Group Inc. ("CIT").
Dec 28, 2021 05:02 pm ET
Calix Set to Join S&P MidCap 400; Douglas Elliman to Join S&P SmallCap 600
NEW YORK, Dec. 28, 2021 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600:
Dec 17, 2021 08:15 pm ET
First Citizens, CIT Announce Receipt of Regulatory Approvals for Merger
First Citizens BancShares, Inc. (NASDAQ: FCNCA) (“First Citizens”), the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc. (NYSE: CIT) (“CIT”), the parent company of CIT Bank, N.A., jointly announced that their previous...
Dec 17, 2021 07:15 pm ET
FIRST CITIZENS, CIT ANNOUNCE RECEIPT OF REGULATORY APPROVALS FOR MERGER
RALEIGH, N.C. and NEW YORK, Dec. 17, 2021 /PRNewswire/ -- First Citizens BancShares, Inc. (NASDAQ: FCNCA) ("First Citizens"), the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc. (NYSE: CIT) ("CIT"), the parent company of CIT Bank, N.A., jointly announced that their previous proposal to merge the two companies has received approval from the Board of Governors of the Federal Reserve System today. The merger has previously received approvals from the Federal Deposit Insurance Corporation and the Office of the North Carolina Commissioner of Banks.
Nov 30, 2021 09:15 am ET
First Citizens Bank 2021 Holiday Giving Campaign for Teen Cancer America Seeks to ‘Spread a Little Joy, Do a Lot of Good’
First Citizens Bank is seeking to spread a little joy and do a lot of good for teens and young adults faced with cancer this holiday season. From now through Dec. 31, 2021, First Citizens encourages customers, families and friends to make a...
Nov 01, 2021 11:57 am ET
Marco Maiurano Joins First Citizens Bank as Chief Information Security Officer
Marco Maiurano has joined First Citizens Bank as Chief Information Security Officer. He is responsible for overseeing the company’s information security operations, identity and access management, information security architecture and security...
Oct 27, 2021 06:31 am ET
First Citizens BancShares Declares Dividends
The Board of Directors of First Citizens BancShares Inc. (Nasdaq: FCNCA) declared on Oct. 26, 2021, a quarterly dividend of 47 cents per share on the company’s Class A and Class B common stock. The dividend is payable Nov. 30, 2021, to shareholders...
Oct 27, 2021 06:31 am ET
First Citizens BancShares Reports Earnings for Third Quarter 2021
First Citizens BancShares, Inc. (“BancShares”) (Nasdaq: FCNCA) reported earnings for the third quarter of 2021. Key results for the quarter ended September 30, 2021, are presented below: THIRD QUARTER RESULTS              Q3 2021Q3 2020 Q3 2021Q3...
Oct 12, 2021 04:15 pm ET
First Citizens BancShares, Inc. Announces Date of 2021 Third Quarter Financial Results, Earnings Call
First Citizens BancShares, Inc. today announced that it will report its financial results for the third quarter ended Sept. 30, 2021, before the U.S. financial markets open on Wednesday, Oct. 27, 2021. In addition, First Citizens will host a...
Sep 30, 2021 04:15 pm ET
First Citizens, CIT Extend Merger Agreement
First Citizens BancShares, Inc. (NASDAQ: FCNCA) (“First Citizens”), the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc. (NYSE: CIT) (“CIT”), the parent company of CIT Bank, N.A., jointly announced that the two companies...
Sep 30, 2021 04:15 pm ET
First Citizens, CIT Extend Merger Agreement
RALEIGH, N.C. and NEW YORK, Sept. 30, 2021 /PRNewswire/ -- First Citizens BancShares, Inc. (NASDAQ: FCNCA) ("First Citizens"), the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc. (NYSE: CIT) ("CIT"), the parent company of CIT Bank, N.A., jointly announced that the two companies have agreed to extend the merger agreement from October 15, 2021, to March 1, 2022.
Aug 05, 2021 12:30 pm ET
Saranteas Joins First Citizens Bank as Treasury Management Services Executive
Kristen Saranteas has joined First Citizens Bank as Treasury Management Services Executive. She leads the bank’s high-performing team serving commercial and business clients’ day-to-day cashflow needs, including payables and receivables, fraud...
Aug 03, 2021 06:32 am ET
First Citizens BancShares Reports Earnings For Second Quarter 2021
First Citizens BancShares Inc. (“BancShares”) (Nasdaq: FCNCA) reported another quarter of strong earnings for the second quarter of 2021. Key results for the quarter ended June 30, 2021, are presented below: SECOND QUARTER RESULTS              Q2...
Jul 27, 2021 04:05 pm ET
First Citizens BancShares Declares Dividend on Series ‘A’ Preferred Stock
The Board of Directors of First Citizens BancShares Inc. (Nasdaq: FCNCA) declared a regular quarterly dividend on the company’s 5.375% non-cumulative perpetual preferred stock, Series A, to be paid on Sept. 15, 2021, to holders of record as of Aug....
Jul 23, 2021 11:00 am ET
First Citizens BancShares, Inc. Announces Date of 2021 Second Quarter Financial Results, Earnings Call
First Citizens BancShares, Inc. today announced that it will report its financial results for the second quarter ended June 30, 2021, before the U.S. financial markets open on Tuesday, Aug. 3, 2021. In addition, First Citizens will host a...
Jul 19, 2021 04:05 pm ET
First Citizens BancShares Declares Dividend
The Board of Directors of First Citizens BancShares, Inc. (Nasdaq: FCNCA) declared on July 19, 2021, a quarterly dividend of 47 cents per share on the company’s Class A and Class B common stock. The dividend is payable August 16, 2021, to...
Jul 14, 2021 08:06 am ET
First Citizens, CIT Receive FDIC Approval Of Proposed Merger
RALEIGH, N.C. and NEW YORK, July 14, 2021 /PRNewswire/ -- First Citizens BancShares Inc. (NASDAQ: FCNCA) ("First Citizens"), the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc. (NYSE: CIT) ("CIT"), the parent company of CIT Bank, N.A., jointly announced that the proposal to merge the two companies has received regulatory approval from the Federal Deposit Insurance Corporation ("FDIC").
Jul 14, 2021 08:02 am ET
First Citizens, CIT Receive FDIC Approval of Proposed Merger
First Citizens BancShares Inc. (NASDAQ: FCNCA) (“First Citizens”), the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc. (NYSE: CIT) (“CIT”), the parent company of CIT Bank, N.A., jointly announced that the proposal to merge...
Jul 06, 2021 01:45 pm ET
Matt Martin Joins First Citizens Bank as Chief Counsel
Matthew “Matt” G.T. Martin has joined First Citizens Bank as Chief Counsel. He is responsible for overseeing the company’s corporate and general bank legal functions, litigation management and advising executive management and its corporate board...
Jun 03, 2021 12:01 pm ET
First Citizens Launches Streamlined Solution for Securities-Based Lines of Credit
First Citizens Wealth Management recently launched the First Citizens Easy Access Line, which provides securities-based lines of credit (SBL) to clients in all 50 states through a partnership with Supernova Technology™. The Supernova partnership...
May 13, 2021 10:00 am ET
First Citizens Bank Region Executive Chris Young Retires
Christine “Chris” Young, Central North Carolina Region Executive at First Citizens Bank in Raleigh, will retire effective June 1, 2021, after more than 18 years with the company and a 35-year banking career. Upon her departure, Region Executive...
May 03, 2021 11:00 am ET
First Citizens Bank Forecast Shows Business Growth Confidence Back to Pre-Pandemic Levels
Small business owners have indicated a renewed sense of confidence for growth in their businesses during the year ahead despite the ongoing global pandemic, according to a new survey. The seventh annual First Citizens Bank Small Business Forecast...
Apr 28, 2021 06:31 am ET
First Citizens BancShares Declares Dividends
The Board of Directors of First Citizens BancShares Inc. (Nasdaq: FCNCA) declared on April 27, 2021, a quarterly dividend of 47 cents per share on the company’s Class A and Class B common stock. The dividend is payable May 28, 2021, to shareholders...
Apr 28, 2021 06:31 am ET
First Citizens BancShares Reports Earnings for First Quarter 2021
First Citizens BancShares Inc. (“BancShares”) (Nasdaq: FCNCA) reported strong earnings for the first quarter of 2021. Key results for the quarter ended March 31, 2021, are presented below: FIRST QUARTER RESULTS              Q1 2021Q1 2020 Q1 2021Q1...

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