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First Citizens BancShares Declares Dividends

First Citizens BancShares, Inc. (Nasdaq: FCNCA) recently made headlines with the announcement made by its Board of Directors regarding significant dividends. This decision reflects the company’s commitment to rewarding its shareholders while also demonstrating the financial health and sustainability of the organization.

On October 23, 2026, in the company’s press release, it was revealed that these dividends are set to be paid on December 15, 2026, to all holders on record by November 30, 2026. Here’s a detailed breakdown of the declared dividends:

• - Common Stock Dividend: A quarterly dividend of $2.25 per share will be paid on the Class A and Class B common stock. This is a significant return for shareholders, emphasizing the company's performance in the last quarter.
• - Preferred Stock Dividends: The company has also declared dividends on several preferred stock classes:

- A regular quarterly dividend of $13.4375 per share on the company’s 5.375% non-cumulative perpetual preferred stock, Series A, resulting in a distribution of approximately $0.335938 per depositary share.
- For Series B, a dividend amounting to $20.546182 per share is declared for the fixed-to-floating rate non-cumulative perpetual preferred stock.
- A regular dividend of $0.351563 per share will be paid on the 5.625% non-cumulative perpetual preferred stock, Series C.
- The Series D preferred stock will see a substantial dividend of $1,750.00 per share, leading to a distribution of $17.50 per depositary share.
- For Series E, the dividend is announced at $16.56 per share yielding $0.414 per depositary share.
- Lastly, the company will pay a dividend of $1,895.83 per share on the 7.500% non-cumulative perpetual preferred stock, Series F, amounting to approximately $18.9583 per depositary share.

These dividends collectively indicate First Citizens BancShares' strong commitment to providing value to its investors, showcasing confidence in its ongoing operations and profitability.

About First Citizens BancShares

Headquartered in Raleigh, North Carolina, First Citizens BancShares, Inc. stands as a major financial institution in the U.S., boasting more than $225 billion in assets and ranking among the Fortune 500 companies. The company operates First-Citizens Bank & Trust Company, which has established a remarkable legacy characterized by strength, stability, and a long-term approach to banking.

First Citizens offers a comprehensive range of banking services throughout the nation, catering not just to retail customers but also to commercial ventures. Their offerings include traditional banking services, innovative financial solutions for businesses, and a network of branches designed to address customer needs effectively.

As the financial landscape continues to evolve, institutions like First Citizens BancShares play a vital role in ensuring reliability and robust financial services. Their commitment to rewarding shareholders, as indicated by the newly declared dividends, further solidifies their standing in the competitive financial market. For more information, visit their official website at firstcitizens.com.