First Citizens BancShares Results Presentation Deck
Third Quarter 2023 Snapshot
First Citizens continued to deliver strong performance demonstrating the benefits that increased scale and
diversified offerings bring to the franchise.
Key Accomplishments:
Achieved positive operating leverage driven by strong
revenue growth and continued disciplined expense
management.
Achieved solid net interest income growth driven by the
benefits of the SVB acquisition and higher earning asset
balances and yield.
Sustained growth in deposits driven by our Direct Bank
channel further strengthening our liquidity position.
■ Capital position remained strong.
First Citizens
BancShares
Financial Highlights:
Adjusted EPS (1)
$55.92
Adjusted ROE/ROA (¹)
16.77% / 1.55%
NIM
4.07%
Adjusted Efficiency Ratio (¹)
46.04%
CET1 ratio
13.23%
Deposit growth
14.2%
(2)
(1) Non-GAAP metric. Refer to the Non-GAAP Section V of this presentation for notable item details and a reconciliation of the Non-GAAP to GAAP measures.
(2) Deposit growth percentage is annualized.
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