First Citizens Bancshares Inc. Reports Q4 Profit Decline, Misses Estimates

First Citizens Bancshares Inc. (FCN) reported a 12% decline in fourth-quarter profit on January 23, 2026, falling short of analyst expectations. The Charlotte-based bank earned $1.25 per share, down from $1.42 in the same period last year. Revenue slipped to $1.1 billion, marking a 5% decrease year-over-year. CEO John Allison attributed the shortfall to rising interest rates and increased loan losses. Shares of FCN fell 3% in after-hours trading as investors reacted to the disappointing results. Analysts noted that First Citizens' performance mirrored broader trends in the banking sector amid economic uncertainty.