| Banks Industry | Financials Sector | Frank Holding CEO | NASDAQ (NMS) Exchange | 31959X400 CUSIP |
| US Country | 18,141 Employees | 31 Aug 2026 Last Dividend | - Last Split | - IPO Date |
First Citizens BancShares, Inc. is a prominent bank holding company committed to delivering a wide range of retail and commercial banking services through its various subsidiaries. The company is strategically segmented to cater to diverse customer needs, encompassing General Banking, Commercial Banking, Rail operations, and Corporate activities. Established on August 7, 1986, and based in Raleigh, NC, First Citizens BancShares has positioned itself as a trusted provider in the financial sector, serving both individual and business clients effectively.
This segment is dedicated to providing essential banking services to individual customers. It operates through an extensive network of branch locations, offering services such as personal checking and savings accounts, mortgage lending, consumer loans, and other financial products designed to meet the everyday banking needs of individuals.
The Commercial Banking segment focuses on delivering specialized lending and advisory services to small and middle-market companies. This includes tailored financial solutions such as commercial loans, lines of credit, equipment financing, and comprehensive advisory support to help businesses optimize their financial operations and achieve growth.
In the Rail segment, the company specializes in equipment leasing and secured financing specifically targeted at railroads and shippers. This service provides clients with flexible financing options for rail assets, enabling them to enhance their operational efficiency while managing their capital expenditures effectively.
The Corporate segment primarily involves investment securities and managing interest-bearing cash reserves. This segment allows the company to strategically allocate capital and manage its overall liquidity, ensuring financial stability and the ability to invest in growth opportunities across its business segments.