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First Citizens Bank Region Executive Chris Young Retires
Shan Teel, veteran First Citizens executive, to lead Central North Carolina Region in addition to Eastern North Carolina markets
May 13, 2021 10:00 ET | Source: First Citizens Bank First Citizens Bank Raleigh, North Carolina, UNITED STATES
RALEIGH, N.C., May 13, 2021 (GLOBE NEWSWIRE) Christine “Chris” Young, Central North Carolina Region Executive at First Citizens Bank in Raleigh, will retire effective June 1, 2021, after more than 18 years with the company and a 35-year banking career. Upon her departure, Region Executive Shan Teel will assume leadership of the bank’s Central North Carolina Region in addition to continuing to oversee the bank’s Eastern North Carolina Region markets.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
First Citizens Bank Forecast Shows Business Growth Confidence Back to Pre-Pandemic Levels
First Citizens BankMay 3, 2021 GMT
RALEIGH, N.C., May 03, 2021 (GLOBE NEWSWIRE) Small business owners have indicated a renewed sense of confidence for growth in their businesses during the year ahead despite the ongoing global pandemic, according to a new survey.
The seventh annual First Citizens Bank Small Business Forecast found nearly 80% of respondents polled are confident or very confident in business growth over the next 12 months, which is a 9% increase since September 2020 and a return to pre-pandemic levels.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
First Citizens BancShares Reports Earnings for First Quarter 2021
First Citizens BancShares, Inc.April 28, 2021 GMT
RALEIGH, N.C., April 28, 2021 (GLOBE NEWSWIRE) First Citizens BancShares Inc. (“BancShares”) (Nasdaq: FCNCA) reported strong earnings for the first quarter of 2021. Key results for the quarter ended March 31, 2021, are presented below:
FIRST QUARTER RESULTS
Net income was $147.3 million for the first quarter of 2021, an increase of $90.1 million, or by 157.7%, compared to the same quarter in 2020. Net income per common share increased to $14.53 for the first quarter of 2021, from $5.46 per share for the same quarter in 2020.
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