First Citizens BancShares

First Citizens Bancshares, Inc. is a bank holding company based in Raleigh, North Carolina. Its primary subsidiary is First Citizens Bank. It is on the list of largest banks in the United States.

First Citizens BancShares, Inc.
TypePublic company
Nasdaq: FCNCA (Class A)
Russell 1000 Index component
Founded1898; 123 years ago (1898)
HeadquartersRaleigh, North Carolina, United States
Area served
United States
Key people
Frank B. Holding Jr., CEO & Chairperson
ProductsCommercial bank
Investment bank
US457 million (2019)
Total assets US$37.161 billion (2019)
Total equity US$3.586 billion (2019)
Number of employees
7,176 (2019)
Footnotes / references
First Citizens Bank branch in Beaufort, North Carolina

As of December 31, 2019, the company operated 574 branches in 19 states; however, 72% of the bank's deposits were in North Carolina and South Carolina.[1]

For three generations, the bank has been led by the family of Robert Powell Holding, who joined the bank in 1918 and rose to president in 1935.[2]