First Citizens BancShares

First Citizens BancShares, Inc.
Company typePublic
IndustryBanking
Founded1898; 126 years ago (1898)
HeadquartersRaleigh, North Carolina, U.S.
Area served
United States
Key people
Frank B. Holding Jr. (CEO & chairperson)
Products
RevenueIncrease US$5.55 billion (2022)
Increase US$1.05 billion (2022)
Total assetsIncrease US$209 billion (Q2 2023)
Total equityIncrease US$19.771 billion (Q2 2023)
OwnerHolding family
Number of employees
10,375 (2022)
Divisions
SubsidiariesSVB Global Services India LLP
Websitefirstcitizens.com
Footnotes / references
[1]

First Citizens Bancshares, Inc. is a bank holding company based in Raleigh, North Carolina and one of the largest banks in the United States. Its primary subsidiary is First Citizens Bank, which operates over 500 branches in 23 states. A second subsidiary is Silicon Valley Bank, which operates 39 offices in 15 states.

For three generations, the bank has been led by the family of Robert Powell Holding, who joined the bank in 1918 and served as president from 1935 to 1957.[2]

  1. ^ "First Citizens BancShares, Inc. Second Quarter 2023 Form 10-Q Quarterly Report". U.S. Securities and Exchange Commission. August 4, 2023.
  2. ^ Cite error: The named reference Holding was invoked but never defined (see the help page).