About First Citizens Bank
First Citizens Bank is a company based in Raleigh (United States) founded in 1898.. First Citizens Bank has completed 10 acquisitions, including Biscayne Bank, CIT and Capital Commerce Bancorp. First Citizens Bank offers products and services including Free Checking, Premier Checking, Credit Cards, Mortgages, and Auto Loans. First Citizens Bank operates in a competitive market with competitors including Truist, Investec, Equity Bank, Citi and KeyBank, among others.
- Headquarter Raleigh, United States
- Stage Public
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name First Citizens Bank & Trust Company
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$10 M (USD), Post-IPO
Oct 13, 2012
- Investors
-
Employee Count
Employee Count
-
Investments & Acquisitions
Biscayne Bank
& 9 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of First Citizens Bank
First Citizens Bank is a publicly listed company on the NASDAQ with ticker symbol FCNCA in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of First Citizens Bank
First Citizens Bank offers a comprehensive portfolio of products and services, including Free Checking, Premier Checking, Credit Cards, Mortgages, and Auto Loans. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Basic personal checking account with no minimum balance.
Interest-bearing checking account for enhanced benefits.
Cards offering rewards and cash back options.
Various mortgage types for home buying and refinancing.
Financing options for vehicle purchases.
Unlock access to complete
Unlock access to complete
Leadership Team
178 people
Software Development Team
111 people
Human Resources and Administration
27 people
Finance and Accounting
22 people
Operations Team
21 people
Sales and Marketing
17 people
Business Team
13 people
Senior Team
11 people
Unlock access to complete
Funding Insights of First Citizens Bank
- Total Funding Total Funding
- Total Rounds 4
- Last Round Post-IPO — $10.0M
-
First Round
First Round
(20 Aug 2009)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2012 | Amount | Post-IPO - First Citizens Bank | Valuation |
investors |
|
| Oct, 2011 | Amount | Post-IPO - First Citizens Bank | Valuation |
investors |
|
| Nov, 2010 | Amount | Post-IPO - First Citizens Bank | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in First Citizens Bank
First Citizens Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include U.S. Department of the Treasury. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
The U.S. Department of the Treasury is tasked with formulating and implementing fiscal policy for the United States government.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by First Citizens Bank
First Citizens Bank has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Biscayne Bank, CIT and Capital Commerce Bancorp. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Commercial banking services are offered to businesses and individuals.
|
2005 | ||||
|
Commercial banking services are offered in Miami, United States.
|
2004 | ||||
|
Commercial banking services are provided to businesses in Atlanta.
|
1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - First Citizens Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
First Citizens Bank Comparisons
Competitors of First Citizens Bank
First Citizens Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Truist, Investec, Equity Bank, Citi and KeyBank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Wealth advisory and banking services are offered to clients.
|
|
| domain | founded_year | HQ Location |
Global banking, investment, and wealth management services are offered worldwide.
|
|
| domain | founded_year | HQ Location |
Commercial banking services are provided to businesses and individuals.
|
|
| domain | founded_year | HQ Location |
Diversified financial services are offered through commercial banking operations.
|
|
| domain | founded_year | HQ Location |
Regional bank
|
|
| domain | founded_year | HQ Location |
Commercial banking services are provided across the United States.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on First Citizens Bank
Frequently Asked Questions about First Citizens Bank
When was First Citizens Bank founded?
First Citizens Bank was founded in 1898 and raised its 1st funding round 111 years after it was founded.
Where is First Citizens Bank located?
First Citizens Bank is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina, United States.
Who is the current CEO of First Citizens Bank?
Frank Holding is the current CEO of First Citizens Bank.
What does First Citizens Bank do?
First Citizens Bank is a bank holding company. It provides services like credit cards, debit cards, digital banking, savings accounts, mortgage loans, refinancing, auto loans, insurance, investments to individuals businesses. The companys top market in the US. In 2022, the company recorded annual revenues of 5.1B and a net profit of 1.1B.
Who are the top competitors of First Citizens Bank?
What products or services does First Citizens Bank offer?
First Citizens Bank offers Free Checking, Premier Checking, Credit Cards, Mortgages, and Auto Loans.
Is First Citizens Bank publicly traded?
Yes, First Citizens Bank is publicly traded on NASDAQ under the ticker symbol FCNCA.
How many acquisitions has First Citizens Bank made?
First Citizens Bank has made 10 acquisitions, including Biscayne Bank, CIT, and Capital Commerce Bancorp.
Who are First Citizens Bank's investors?
First Citizens Bank has 1 investor. Key investors include U.S. Department of the Treasury.
What is First Citizens Bank's ticker symbol?
The ticker symbol of First Citizens Bank is FCNCA on NASDAQ.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.