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Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. First Citizens BancShares's Net Income for the
three
months ended in Jun. 2026 was $672 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was $2,354 Mil.
First Citizens BancShares (OTCPK:FCNCB) Net Income Explanation
Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:
First Citizens BancShares's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
EPS is most useful for companies that have:
A predictable business
Consistent accounting methods
And few restructurings
The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
First Citizens BancShares Net Income Related Terms
First Citizens BancShares Net Income Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.
Net Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,354 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
First Citizens BancShares (FCNCB) has a Net Income of $2,354 Mil as of Jun. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on First Citizens BancShares and its competitors.
Is First Citizens BancShares' Net Income too high?
First Citizens BancShares' current Net Income is $2,354 Mil. Overall, First Citizens BancShares has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Citizens BancShares' Net Income compare to KEY and RF?
First Citizens BancShares' Net Income of $2,354 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Banks company?
A good Net Income depends on the Banks industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on First Citizens BancShares and its competitors. First Citizens BancShares's current Net Income is $2,354 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Citizens BancShares stock overvalued right now?
Based on GuruFocus' analysis, First Citizens BancShares (FCNCB) is currently considered Fairly Valued. The stock's GF Value™ is $1,962.95, compared to a current price of $1,800.00 — trading 8.3% below its estimated fair value. The current Net Income is $2,354 Mil. First Citizens BancShares' overall GF Score™ is 74/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For First Citizens BancShares (FCNCB), the current Net Income is $2,354 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is First Citizens BancShares (FCNCB) Overvalued in 2026?
Based on GuruFocus' analysis, First Citizens BancShares stock appears to be undervalued.
The current stock price of $1,800.00 is trading 8.3% below its estimated GF Value™ of $1,962.95.
GuruFocus considers First Citizens BancShares to be Fairly Valued.
Key valuation signals for FCNCB:
Net Income: $2,354 Mil
GF Value™: $1,962.95 vs. price of $1,800.00 (8.3% below fair value)
No single metric tells the full story. See the FCNCB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Citizens is a US regional bank with total assets of around $236 billion as of March 31, 2026. Headquartered in Raleigh, North Carolina, First Citizens' largest markets are North Carolina, South Carolina, and California. The bank has a track record of acquiring troubled banks from the FDIC, such as Silicon Valley Bridge Bank in 2023, which doubled its asset base. First Citizens offers products and services across retail, commercial, wealth management, and railcar leasing. First Citizens derived over 95% of its earnings from banking and less than 5% from railcar leasing in 2025.
74GF Score
Get the complete analysis for FCNCB
Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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