First Ctzns Bancshares Inc N C Stock Price, News & Analysis

Silicon Valley Bank (FCNCA), a division of First Citizens Bank, has released its latest State of the Markets Report highlighting the dominance of AI in venture capital investments. The report reveals that AI companies account for 36% of VC deals and 58% of total VC investments in 2025, despite operating with higher burn rates.

Key findings show US venture fund fundraising is projected to reach $56B in 2025, down 21% from 2024. The report indicates that 75% of venture-backed tech companies are growing revenue, with 63% either profitable or improving profitability. Notably, mega-funds represent 36% of US VC fund capital raised in the last three years, up from 20% six years ago.

The analysis also reveals that Series A AI companies burn $5 to gain $1 of new revenue, while unicorn performance shows 72% achieving YOY growth but only 21% reaching profitability.

Silicon Valley Bank (SVB), a division of First Citizens Bank (NYSE:FCNCA), has announced a strategic partnership with Forge Securities LLC, a subsidiary of Forge Global Holdings. The collaboration aims to provide SVB clients with enhanced access to private market liquidity solutions through Forge's platform.

The partnership offers key benefits including issuer-led structured liquidity events, controlled shareholder transactions, access to over 19,000 institutional investors, and private market transactions. This initiative addresses the growing trend of companies staying private longer and their increasing need for secondary market liquidity solutions.

Silicon Valley Bank (FCNCA), a division of First Citizens Bank, has released its 16th Healthcare Investments and Exits Report, highlighting strong AI deal activity in healthcare despite overall fundraising decline. AI-related healthtech deals doubled in the past 12 months, while non-AI companies saw a 20% decrease over three years.

Key findings show that healthtech accounted for 33% of total healthcare investment, with AI healthtech representing 21%. Back-office AI applications dominated with 44% of all AI investment in H1 2025. In China, biopharma licensing deals reached $3 billion in H1 2025, surpassing 2024 levels. The report also reveals that healthtech raised $8.2 billion in H1 2025, marking the strongest half since H1 2022.

First Citizens BancShares (Nasdaq: FCNCA) reported strong Q2 2025 earnings with net income of $575 million, up from $483 million in Q1. Earnings per share reached $42.36, increasing from $34.47 in the previous quarter. The bank announced a new $4.0 billion share repurchase plan, following their current $3.5 billion program.

Key financial metrics include net interest income of $1.70 billion, a net interest margin of 3.26%, and total deposits of $159.94 billion (1.5% annualized growth). The bank maintained strong credit quality with net charge-offs at 0.33% of average loans. Capital ratios remained robust with Common equity Tier 1 at 12.12%.

During Q2, the bank repurchased 338,959 shares for $613 million and paid a dividend of $1.95 per share. The company's liquidity position strengthened with liquid assets reaching $63.62 billion.

First Citizens BancShares (Nasdaq: FCNCA) has announced its quarterly dividend distributions for common and preferred stockholders. The company declared a quarterly dividend of $1.95 per share for both Class A and Class B common stock.

Additionally, FCNCA announced dividends for three preferred stock series: Series A at $13.4375 per share ($0.335938 per depositary share), Series B at $21.617758 per share, and Series C at $0.351563 per share. All dividends will be paid on September 15, 2025, to shareholders of record as of August 29, 2025.

First Citizens Bank (NASDAQ:FCNCA) has appointed Israel Gibbs as Area Executive for its North Florida market, focusing on the Jacksonville region. Gibbs, a veteran banker with over 20 years of experience, will lead business and branch banking operations in the area.

Previously serving as Area Executive for the Dallas market, Gibbs has been with First Citizens since 2007, holding various roles in commercial and retail banking. The bank has maintained a strong presence in Florida for over two decades, currently operating 26 branch locations with more than 1,000 associates in the state.

First Citizens BancShares (NASDAQ: FCNCA) has scheduled its second quarter 2025 earnings conference call and webcast for Friday, July 25, 2025, at 9:00 AM Eastern time. The financial results for the quarter ended June 30, 2025, will be released before U.S. markets open on the same day.

Participants can pre-register for the webcast through the provided link, and telephone access will be available for both North American and international callers. The investor presentation and webcast link will be accessible on the company's investor relations website prior to the call, with a replay available afterward.

First Citizens BancShares (NASDAQ:FCNCA) has appointed Diane Morais to its board of directors, effective July 1, 2025. Morais brings over 30 years of financial services experience, most recently serving as President of Consumer and Commercial Banking at Ally Bank from 2017 to 2024.

At Ally, Morais played a key role in launching the Ally brand in 2009 and oversaw various divisions including deposits, online brokerage, mortgage, credit card, and corporate finance. Her prior experience includes senior positions at Bank of America and Citibank. She will serve on the Joint Risk Committee and Joint Technology Committee of First Citizens.

First Citizens Bank (NASDAQ:FCNCA) and Merlo America LLC have announced a new vendor finance agreement to provide leasing and lending solutions for Merlo's construction and agricultural equipment customers. Merlo America, the North American subsidiary of Italy-based Merlo S.p.A, is known for producing telehandlers and machinery for agricultural, tree care, industrial, and construction applications.

Through this partnership, First Citizens Bank Equipment Finance will offer financing options to help Merlo customers acquire equipment for their business operations. The agreement leverages First Citizens Bank's Equipment Finance group's capabilities, including their sales coverage model, technology platforms, and structuring expertise.