FCNCA Search Earning

First Citizens BancShares Inc

FCNCA

First Citizens BancShares agreed to pay $16.5 billion for $72 billion of assets (or loan portfolio), own and operate 17 branches of the former bank, the FDIC said in a statement.

The FDIC will retain $90 billion of assets of the now defunct Silicon Valley Bank and the agency received stock appreciation rights potentially worth $500 million in the First Citizens Bancshares, Inc.

The FDIC estimated the cost of the failure of Silicon Valley Bank to be approximately $20 billion and the exact cost will be determined once the receivership is terminated.

The FDIC and First–Citizens Bank & Trust Company entered into a loss–share transaction on the commercial loans it purchased from the former Silicon Valley Bridge Bank, National Association.
Mar 27, 2023

Year	Mar	Jun	Sep	Dec	Annual

2023	653.64	45.87	50.67	-	-
2022	16.7	14.86	19.25	16.59	67.4
2021	14.53	15.09	12.17	12.09	53.88
2020	5.46	14.74	14.03	13.27	47.5
2019	9.67	10.56	11.27	9.55	41.05
2018	8.35	7.77	9.8	7.61	33.53
2017	5.63	11.21	5.58	6.68	29.1
2016	4.34	5.77	4.28	4.39	18.78
2015	5.31	3.71	4.66	3.56	17.24
2014	2.34	2.77	2.76	5.69	13.56
2013	5.78	4.56	4.26	2.75	17.35
2012	3.45	3.66	3.85	1.96	12.92
2011	5.92	2.04	7.86	2.98	18.8
2010	10.22	2.74	2.66	2.88	18.5
2009	0.83	0.59	7.90	1.83	11.15
2008	3.10	2.51	1.87	1.25	8.73
2007	2.78	2.96	2.17	2.50	10.41
2006	2.75	3.04	3.16	3.17	12.12
2005	2.40	2.88	2.87	2.67	10.82