NEW YORK, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of First Citizens BancShares, Inc. (“First Citizens” or the “Company”) (NASDAQ: FCNCA).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether First Citizens and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the ...

Continue Reading TAMPA, Fla., Feb. 3, 2026 /PRNewswire/ -- First Citizens Bank today announced that Robert Horne has joined the company as Director of Middle Market Banking for Florida. Based in Tampa, Horne will lead efforts to grow First Citizens' middle market banking presence throughout the state. Media Contact Katie Ellis [email protected] SOURCE First Citizens Bank Robert Horne "With more than 10 years of experience in commercial banking and equipment finance in the state of Florida, Robert brings val ...

Austin, Texas--(Newsfile Corp. - January 28, 2026) - Citizens, Inc. (NYSE: CIA), a leading diversified financial services company specializing in life, living benefits, and final expense insurance, today announced management's plan to present and participate in one-on-one meetings at the Noble Capital Markets' Emerging Growth Virtual Conference on February 4 and 5, 2026.Citizens management will be available for one-on-one meetings at the Noble Capital Virtual Conference on February 4 and 5, 2026. Conferenc ...

Core Viewpoint - First Citizens BancShares, Inc. reported solid financial performance for Q4 2025, with stable credit quality and strong loan growth, particularly in Global Fund Banking, while returning significant capital to shareholders through share repurchases and debt prepayment [2][5][6]. Financial Highlights - Net income for Q4 2025 was $580 million, up from $568 million in Q3 2025, with net income available to common stockholders increasing to $566 million or $45.81 per share, compared to $554 million or $43.08 per share in the previous quarter [5]. - Adjusted net income for the current quarter was $648 million, an increase from $587 million in the linked quarter, with adjusted net income available to common stockholders at $634 million or $51.27 per share, up from $573 million or $44.62 per share [6]. Loan and Deposit Growth - Loans and leases reached $147.93 billion at December 31, 2025, reflecting a $3.17 billion increase or 2.2% from $144.76 billion at September 30, 2025, driven by a $3.44 billion growth in the Commercial Bank segment [10]. - Deposits totaled $161.58 billion at December 31, 2025, a decrease of $1.61 billion or 1.0% since September 30, 2025, primarily due to a decline in Commercial Bank segment deposits [10]. Interest Income and Margin - Net interest income was $1.72 billion for the current quarter, a decrease of $12 million from the linked quarter, with net interest margin (NIM) at 3.20%, down from 3.26% in the previous quarter [8][11]. Noninterest Income and Expense - Noninterest income increased to $715 million from $699 million in the linked quarter, while noninterest expense rose to $1.57 billion from $1.49 billion, reflecting higher personnel and equipment costs [11]. Credit Quality - Provision for credit losses was $54 million for the current quarter, significantly lower than $191 million in the linked quarter, with net charge-offs decreasing to $143 million (0.39% of average loans) from $234 million (0.65% of average loans) [12][13]. Capital and Liquidity - Capital ratios remained strong, with total risk-based capital at 13.71% and Tier 1 risk-based capital at 11.91% as of December 31, 2025 [13]. - The liquidity position was robust, with liquid assets totaling $56.01 billion, down from $61.92 billion at September 30, 2025 [13]. Acquisition Activity - First Citizens Bank announced an agreement to acquire 138 branches from BMO Bank, expecting to assume approximately $5.7 billion in deposits and acquire about $1.1 billion in loans, with the transaction anticipated to close in the second half of 2026 [3].

Core Insights - A better operating environment and consistent execution from management have significantly benefited investors in Citizens Financial Group, Inc. (CFG) over the past period [1] Group 1 - The improved operating environment has led to positive outcomes for investors who have remained patient with CFG [1] - Management's consistent execution has played a crucial role in delivering these benefits [1]

Group 1 - Citizens Financial Group, Inc. is one of the nation's oldest and largest financial institutions with $226.4 billion in assets as of December 31, 2025 [2] - The company offers a broad range of retail, private banking, wealth management, and commercial banking products and services to various customer segments including individuals, small businesses, middle-market companies, large corporations, and institutions [2] - Citizens provides an integrated experience in Consumer Banking, which includes mobile and online banking, a full-service customer contact center, and approximately 3,100 ATMs and 1,000 branches across 14 states and the District of Columbia [2] Group 2 - In Commercial Banking, Citizens offers a wide array of financial products and solutions such as lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities [2] - The company emphasizes understanding customer needs to provide tailored advice, ideas, and solutions [2]

PROVIDENCE, R.I.--(BUSINESS WIRE)--Small businesses across the country will continue to have the opportunity to access critical funding and professional support as Citizens announced today the opening of its ninth annual Small Business Community Champion Award Contest. The program is designed to recognize and empower the business owners whose work strengthens neighborhoods and drives economic growth. This year, 20 small businesses across the Citizens footprint will each receive $10,000, along w. ...

Core Viewpoint - Citizens Financial Group, Inc. (CFG) is expected to report an increase in fourth-quarter and 2025 earnings and revenues compared to the previous year [1][10] Financial Performance Expectations - CFG's net interest income (NII) is projected to rise by 2.5-3% sequentially in Q4 2025, with a Zacks Consensus Estimate of $1.53 billion, reflecting a 2.7% increase from the prior quarter [4] - The average interest-earning assets are estimated at $199.9 billion, indicating a 1.2% rise from the previous quarter [5] - The consensus estimate for fourth-quarter earnings is $1.11 per share, representing a 30.6% increase year-over-year, while revenues are expected to reach $2.15 billion, an 8.2% rise from the previous year [15] Income Sources - Non-interest income is anticipated to be flat, with mortgage banking fees estimated at $51.5 million, a 5.1% decline from the prior quarter [7] - Trust and investment services fees are expected to increase to $96.3 million, a 3.5% rise from the previous quarter [8] - Service charge and fee revenues are projected at $114.9 million, reflecting a 2.6% increase from the prior quarter [9] - Card fees are estimated at $89.6 million, indicating a 2.9% rise from the previous quarter [11] Expense and Asset Quality Outlook - Adjusted non-interest expenses are expected to be stable or slightly up due to the opening of private banking offices and investments in technology [12] - The Zacks Consensus Estimate for non-accrual loans is pegged at $1.57 billion, indicating a sequential rise of 3.3% [13] 2025 Outlook - Management anticipates NII to rise by 3-5% from $5.6 billion in 2024, with a net interest margin (NIM) expected to be 3% [16] - Average loans are projected to decrease by 2-3% from $139.2 billion in 2024, while average earnings assets are forecasted to fall by 1% from $198.1 billion [16] - Non-interest income is expected to increase by 8-10% from $2.6 billion reported in 2024 [16] - Adjusted non-interest expenses are projected to grow by 4% from $5.1 billion in 2024 [17]

Core Viewpoint - First Citizens BancShares, Inc. announces the retirement of Lorie K. Rupp as Executive Vice President and Chief Risk Officer, effective June 1, 2026, with Tom Eklund set to succeed her, ensuring a smooth transition in leadership [1][2]. Group 1: Leadership Transition - Lorie K. Rupp has served as Chief Risk Officer since March 2017, significantly enhancing the company's risk management framework during a period of growth [2]. - Tom Eklund, a 20-year veteran of First Citizens Bank and current Treasurer, will take over as Chief Risk Officer, bringing extensive experience in managing various risks [1][3]. Group 2: Company Background - First Citizens BancShares, Inc. is a top 20 U.S. financial institution with over $200 billion in assets and is a member of the Fortune 500 [4]. - The company offers a wide range of banking services, including commercial banking, innovation banking, and a nationwide direct bank [4].

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group (NYSE: CFG) today announced that it has changed the date and time of its fourth quarter and full year quarter 2026 conference call to discuss its financial results to 9:00 a.m. Eastern Time (ET) on Friday, January 15, 2027. Citizens Financial Group will issue a press release reporting its results at approximately 6:20 a.m. ET. The news release will be available at http://investor.citizensbank.com. About Citizens Financial Group, Inc. C. ...