First Citizens BancShares Results Presentation Deck
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Continued Progress on SVB Integration Initiatives
Ⓒ
Maintain & grow
market position as
an important partner
in the innovation
economy
Stabilization
COMPLETE
Conducted robust client
outreach program to
stabilize deposits.
Established leadership
team at SVB and set initial
strategic priorities.
Stabilized key talent and
began workforce
optimization.
First Citizens
BancShares
I
I
Integration Priorities
Build trust with our
client base & defend
against competition
Key Activities
Strategic Assessment
MATERIALLY COMPLETE
Completed initial round of
business unit strategic
assessments.
Established key
integration initiatives.
Completed initial strategic
planning cycle as a
combined company.
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M
Retain key talent
and optimize the
workforce to drive
revenue growth
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Integration
Developed detailed
integration plans using
results from the strategic
assessments.
IN PROGRESS
Continued focus on
supporting the innovation
economy.
Kicked off legacy SVB
Private conversion.
Continued progress on
cost saving initiatives.
O
O
O
Maintain sound risk
management
practices
Large Bank Program
(Regulatory Readiness)
Refreshed capital plan and
integrated liquidity
monitoring to include SVB.
Filed initial regulatory
reporting as a combined
organization.
Identified areas of focus
given increased size and
complexity. Activities to
support these focus ares
remain on track.
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