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First Citizens BancShares Reports Earnings For Second Quarter 2021
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MIL-OSI: First Citizens BancShares Reports Earnings For Second Quarter 2021
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First Citizens, CIT Proposed Merger Receives FDIC Approval
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First Citizens, CIT Receive FDIC Approval of Proposed Merger
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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.