First Citizens BancShares (FCNCA) Balance Sheet: Assets & Liabilities

First Citizens BancShares (FCNCA) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), First Citizens BancShares reported total assets of $229.70B and total liabilities of $207.46B. Shareholders' equity was $22.24B, flat from $22.23B a year earlier. Total debt stood at $35.94B against $20.83B in cash and short-term investments, a net debt position of $15.10B. That puts debt-to-equity at 1.62, compared with 1.68 a year earlier.

First Citizens BancShares Balance Sheet Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for First Citizens BancShares, Inc. (FCNCA) - Annual data in billions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	20.60	22.18	0.91	5.54	0.34	0.36	0.38	0.33	0.34
Short-Term Investments	31.79	33.91	19.94	9.00	9.20	11.36	8.17	5.35	8.57
Cash & Short-Term Investments	20.83	56.09	54.45	14.54	18.66	11.72	8.54	5.68	8.90
Accounts Receivable	0.91	3.49	3.21	0.33	0.13	0.21	0.12	0.11	0.10
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Current Assets	0.80	0.00	0.00	0.00	0.04	0.04	0.00	0.00	0.00
Total Current Assets	168.00	59.58	57.66	17.41	19.90	11.98	8.67	5.79	9.00
Non-Current Assets
Property, Plant & Equipment (Net)	12.36	11.65	10.62	9.96	1.23	1.32	1.24	1.20	1.14
Long-Term Investments	41.56	150.26	142.44	79.10	36.28	35.77	28.84	27.85	23.65
Goodwill	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.24	0.15
Intangible Assets	0.23	0.28	0.31	0.17	0.02	0.05	0.07	0.07	0.07
Other Non-Current Assets	7.52	1.62	1.53	2.32	0.45	0.50	0.66	0.48	0.74
Total Non-Current Assets	61.70	164.14	155.62	91.89	38.41	37.98	31.16	29.62	25.53
Total Assets	229.70	223.72	213.76	109.30	58.31	49.96	39.82	35.41	34.53
Current Liabilities
Accounts Payable	0.14	0.13	0.14	0.06	0.01	0.00	0.00	0.00	0.00
Short-Term Debt	0.22	0.37	0.49	1.75	0.59	0.64	0.44	0.57	0.68
Accrued Liabilities	-	-	0.40	0.28	0.01	-	-	-	-
Other Current Liabilities	162.73	155.23	146.25	88.32	51.40	43.43	34.43	30.67	29.27
Total Current Liabilities	162.95	155.73	146.87	91.93	52.00	44.07	34.87	31.24	29.95
Non-Current Liabilities
Long-Term Debt	35.71	37.04	37.17	4.45	1.20	1.25	0.88	0.36	0.89
Deferred Tax Liabilities	0.00	3.53	3.58	0.29	0.03	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	8.73	5.19	4.49	2.61	0.38	0.41	0.48	0.31	0.36
Total Non-Current Liabilities	44.51	45.76	45.63	7.71	1.58	1.66	1.36	0.67	1.25
Total Liabilities	207.46	201.49	192.50	99.64	53.57	45.73	36.24	31.92	31.19
Stockholders' Equity
Common Stock	0.01	0.01	0.02	0.02	0.01	0.01	0.01	0.01	0.01
Retained Earnings	20.77	19.36	16.74	5.39	4.38	3.87	3.66	3.22	2.79
Accumulated Other Comprehensive Income	0.08	-0.45	-0.49	-0.74	0.01	0.01	-0.13	-0.24	-0.12
Additional Paid-in Capital	0.00	2.42	4.11	4.11	0.00	0.00	0.04	0.49	0.66
Shares Outstanding	0.01	0.01	0.01	0.01	0.01	-	-	-	-
Total Stockholders' Equity	22.24	22.23	21.26	9.66	4.74	4.23	3.59	3.49	3.33
Total Liabilities & Equity	229.70	223.72	213.76	109.30	58.31	49.96	39.82	35.41	34.53

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About First Citizens BancShares Balance Sheet

How much debt does First Citizens BancShares have?

First Citizens BancShares had total debt of $35.94B as of Dec 31, 2025, against $20.83B in cash and short-term investments. Its debt-to-equity ratio was 1.62. Total debt was $37.41B a year earlier.

What are First Citizens BancShares's total assets?

First Citizens BancShares reported total assets of $229.70B as of Dec 31, 2025, up 2.7% from $223.72B a year earlier. Total liabilities were $207.46B.

What is First Citizens BancShares's shareholders' equity?

First Citizens BancShares's shareholders' equity was $22.24B as of Dec 31, 2025, or about $1831.92 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition