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First Citizens BancShares, Inc. SupplierIQ Procurement Profile
First Citizens BancShares, Inc. /DE/ is the holding company for First-Citizens Bank & Trust Company. Its bank subsidiary delivers financial services to individuals, businesses, and professionals in the Southeast, Mid-Atlantic, Midwest, and Western United States. It organizes its business into four reporting segments: the General Banking segment, which offers deposit products, loans, cash management, wealth, payments, and various other fee-based services; the Commercial Banking segment, which provides a range of lending, leasing, capital markets, asset management, and other financial and advisory services primarily to small and middle market companies; the Rail segment, which customizes leasing and financing solutions on a fleet of railcars and locomotives to railroads and shippers throughout North America; and the Corporate segment, which includes earning assets, such as investment securities and interest-earning deposits at banks. It operates branches in Arizona, California, Colorado, Florida, Georgia, Hawaii, Kansas, Maryland, Missouri, North Carolina, Nebraska, New Mexico, Nevada, Oklahoma, Oregon, South Carolina, Tennessee, Texas, Virginia, Washington, Wisconsin, and West Virginia. The firm was incorporated in Delaware on August 7, 1986. Its headquarters are located in Raleigh, North Carolina.
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What’s included in this SupplierIQ Profile
IBISWorld's SupplierIQ profile covering First Citizens BancShares, Inc. includes financial statements, products & service markets, competitive position and key financial health ratios.
Company Snapshot
What’s covered in this SupplierIQ Profile?
This SupplierIQ profile on First Citizens BancShares, Inc. covers the company’s financial statements, products & service markets, competitive position and key financial health ratios. First Citizens BancShares, Inc., trading as First Citizens BancShares, is a public company with 17.9k employees.
What industries does First Citizens BancShares, Inc. operate in?
First Citizens BancShares, Inc. primarily operates in Commercial Banking, as well as in Auto Leasing, Loans & Sales Financing in the US and Commercial Banking in the US.
Product & Service Markets
What’s included in the Product & Service Markets chapter?
The Product & Service Markets chapter provides a breakdown of First Citizens BancShares, Inc.’s key product and service segments, organized by standardized industry classifications like NAICS. It includes their market share in each of these markets with market share trends and insights.
Competitive Position
What’s included in the Competitive Position chapter?
The Competitive Position chapter covers First Citizens BancShares, Inc.’s performance relative to competitors in each of the products and service markets the company operates in. This includes a detailed competitor matrix comparing the market share, return on assets, return on equity, pricing power and competitive outlook. There are qualitative insights and a detailed SWOT analysis included for each product and service market.
Income Statement
What’s included in the Income Statement chapter?
The Income Statement chapter includes datasets covering First Citizens BancShares, Inc.’s historical financial performance. Line items include revenue, cost of sales, gross margins, general and administrative costs, research and development costs, depreciation, interest and taxes. This is available in current and historical datasets.
Balance Sheet
What’s included in the Balance Sheet chapter?
The Balance Sheet chapter includes datasets covering First Citizens BancShares, Inc.’s historical financial health. Current asset and non-current asset accounts include line items like cash, receivables, inventories, property, plant and equipment, investments, goodwill. Current liabilities and non-current liabilities accounts include line items like accounts payable, debts, provisions and lease liabilities. The equity accounts include line items like paid-in capital, retained earnings, employee stock option plans and treasury stock. This is available in current and historical datasets.
Cash Flows
What’s included in the Cash Flows chapter?
The Cash Flows chapter includes detailed line item accounts covering First Citizens BancShares, Inc.’s operating cash flow activities, financing cash flow activities and investing cash flow activities. This is available in current and historical datasets.
Ratios
What’s included in the Ratios chapter?
The Ratios chapter covers key financial metrics like the operating margin, gross margin, return on equity, return on assets, current ratio, quick ratio, EBIT margins, EBITDA margins, debt ratio, equity ratio and debt to equity ratios. This is available in current and historical datasets.
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Frequently Asked Questions
What is the 2023 revenue for First Citizens BancShares, Inc.?
According to the 2026 IBISWorld ProcurementIQ report, First Citizens BancShares, Inc. generated $22.5bn in revenue.
Who are First Citizens BancShares, Inc.’s main competitors?
The 2026 ProcurementIQ report benchmarks First Citizens BancShares, Inc. against its top competitors across execution score, operational capabilities, pricing power, and market share.
What is First Citizens BancShares, Inc.’s EBITDA margin?
First Citizens BancShares, Inc.’s EBITDA margin is reported across a 7-year period in the 2026 IBISWorld ProcurementIQ report. The report includes a full income statement breakdown.
What markets does First Citizens BancShares, Inc. operate in?
The 2026 report identifies all NAICS-coded product and service markets First Citizens BancShares, Inc. participates in, including market share, concentration, profitability trends, and average vendor risk ratings.
How many employees does First Citizens BancShares, Inc. have?
The 2026 ProcurementIQ report lists First Citizens BancShares, Inc.’s employee count and benchmarks workforce size against key competitors to assess relative operational capacity.
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