NASDAQ$FCNCA
First Citizens BancShares Inc. · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
First Citizens BancShares reported solid results for the second quarter of 2022, marked by strong loan growth and expanded net interest margin.
First Citizens BancShares reported second quarter net income available to common stockholders of $238 million, or $14.86 per share. Adjusted net income was $270 million, or $16.86 per share. Loan growth was strong and pre-provision net revenue continued its momentum.
- Completed first major customer conversion of the OneWest Bank division and certain CIT treasury management customers.
- Board of Directors approved a share repurchase plan to repurchase up to 1.5 million shares of Class A common stock.
- Loan growth was strong, with a 13.5% annualized increase.
- Net interest margin expanded from 2.73% to 3.04%.
Headline financials
Revenue & EPS history
First Citizens · Revenue · Quarterly
$1.12B
Revenue by segment
First Citizens · $402M total across 2 segments · Q1 2020
- Net Interest$338M—84.1%
- Non-Interest$64M—15.9%
Forward guidance
No specific forward guidance was provided in the release.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
+1.1%
Avg return
Earnings day
+1.8%
Avg return
5 days after
+5.2%
Avg return
30 days after
66%
42 / 64 earnings
Positive
+15.3%
Q3 2020
Best reaction
-9.6%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -3.5% | -3.1% | -2.6% | |
| Q4 2025 | -8.5% | -10.1% | -8.5% | |
| Q3 2025 | +0.3% | +0.8% | +7.2% | |
| Q2 2025 | +1.1% | -0.2% | +3.7% | |
| Q1 2025 | +1.1% | +1.2% | +2.8% | |
| Q3 2024 | -9.6% | -6.8% | +13.0% | |
| Q2 2024 | +13.3% | +14.3% | +8.2% | |
| Q1 2024 | +7.0% | +2.9% | +8.6% | |
| Q4 2023 | +5.1% | +6.9% | +8.7% | |
| Q3 2023 | +3.6% | +6.1% | +10.3% | |
| Q2 2023 | +3.4% | +4.7% | -3.7% | |
| Q1 2023 | +12.8% | +15.7% | +17.5% | |
| Q4 2022 | -3.2% | -2.2% | -7.0% | |
| Q3 2022 | -5.5% | -4.9% | -4.9% | |
| Q2 2022 | +5.1% | +6.7% | +13.0% | |
| Q1 2022 | +3.1% | +6.0% | +11.9% | |
| Q4 2021 | -4.9% | -3.8% | -3.5% | |
| Q3 2021 | -2.1% | +0.3% | -1.0% | |
| Q2 2021 | +4.5% | +11.5% | +17.9% | |
| Q1 2021 | -2.9% | -2.1% | -2.8% | |
| Q4 2020 | -6.5% | -5.1% | +20.6% | |
| Q3 2020 | +15.3% | +25.7% | +53.6% | |
| Q2 2020 | +4.3% | +4.2% | -2.1% | |
| Q1 2020 | +8.5% | +3.4% | +13.0% | |
| Q4 2019 | +0.6% | +1.5% | -9.3% | |
| Q3 2019 | +0.4% | -0.2% | +4.8% | |
| Q2 2019 | +2.2% | -2.5% | -2.9% | |
| Q1 2019 | -0.6% | +1.7% | -5.8% | |
| Q4 2018 | -1.0% | -0.2% | +6.4% | |
| Q3 2018 | -0.7% | -1.5% | +0.2% | |
| Q2 2018 | -1.1% | -1.2% | +15.9% | |
| Q1 2018 | +2.4% | +4.4% | +5.2% | |
| Q4 2017 | +0.8% | -4.6% | -4.1% | |
| Q3 2017 | +6.8% | +4.1% | +5.8% | |
| Q2 2017 | -2.8% | -3.1% | -8.8% | |
| Q1 2017 | +3.6% | +1.0% | -3.7% | |
| Q4 2016 | +3.1% | -0.4% | -1.2% | |
| Q3 2016 | -1.8% | -1.0% | +21.7% | |
| Q2 2016 | -1.1% | -1.5% | +4.9% | |
| Q1 2016 | -0.0% | — | — | |
| Q2 2015 | +1.4% | — | — | |
| Q4 2015 | +2.2% | — | — | |
| Q3 2015 | +7.0% | — | — | |
| Q1 2015 | +0.2% | — | — | |
| Q4 2014 | +0.3% | — | — | |
| Q2 2014 | +0.3% | — | — | |
| Q3 2014 | -0.5% | — | — | |
| Q1 2014 | +1.1% | — | — | |
| Q4 2013 | +0.3% | — | — | |
| Q2 2013 | +0.3% | — | — | |
| Q3 2013 | +4.8% | — | — | |
| Q1 2013 | +1.3% | — | — | |
| Q2 2012 | -2.3% | — | — | |
| Q4 2012 | -2.3% | — | — | |
| Q3 2012 | +1.7% | — | — | |
| Q1 2012 | +0.7% | — | — | |
| Q4 2011 | +2.2% | — | — | |
| Q3 2011 | -0.5% | — | — | |
| Q2 2011 | +1.2% | — | — | |
| Q1 2011 | +0.7% | — | — | |
| Q4 2010 | +0.0% | — | — | |
| Q3 2010 | -5.1% | — | — | |
| Q2 2010 | +1.3% | — | — | |
| Q1 2010 | +4.0% | — | — |
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