The Motley Fool

First Citizens' Acquisition of Silicon Valley Bank's Assets Could Be the Deal of a Lifetime

The discount on the assets makes the deal immensely accretive to First Citizens' tangible book value and earnings power. First Citizens is also getting new businesses that have performed very well in ...
Nasdaq

First Citizens Community Bank: Operating With a Community-First Mindset Since 1872

In this Spotlight on Community Banks article, we spoke with Randy Black, President and Chief Executive Officer of First Citizens Community Bank. Black discusses takeaways from almost one year as a ...
Nasdaq

First Citizens Announces Expanded Commitment to Communities in Northern California and Eastern Massachusetts

RALEIGH, N.C., Nov. 14, 2023 /PRNewswire/ -- First Citizens Bank today announced an amendment to its existing Community Benefits Plan agreement with the National Community Reinvestment Coalition (NCRC ...
American Banker

First Citizens unveils revised SVB community plan worth $6.5 billion

The $6.5 billion that First Citizens BancShares pledged under the new community benefits plan, plus the funds that Silicon Valley Bank contributed before it failed, total $9.6 million. That's 14% ...
Business Wire

First Citizens Community Bank Receives FHLBank Pittsburgh’s 2025 Annual Member Award

PHILADELPHIA--(BUSINESS WIRE)--The Federal Home Loan Bank of Pittsburgh (FHLBank) announced First Citizens Community Bank (FCCB) as a 2025 winner of its Pillars of the Community Awards, and conferred ...
American Banker

How First Citizens became the top-performing big bank

First Citizens BancShares is in a different echelon than it was three years ago. Processing Content The Raleigh, North Carolina-based company has quadrupled in size since 2021, ballooning to $220 ...