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First Citizens BancShares (FCNCA) investor relations material
First Citizens BancShares AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
Meeting called to order with introductions of board members, executive management, and guests, including a new board member and representatives from KPMG LLP.
Meeting rules, agenda, and order of business were posted online, with instructions for voting and submitting questions.
Board and executive committee updates
Diane E. Morais joined the board in July 2025.
Executive management team introduced, including new Chief Human Resources Officer.
Shareholder proposals
Four proposals presented: election of 12 directors, say-on-pay advisory vote, ratification of KPMG LLP as auditors, and a shareholder proposal on faith-based employee resource groups.
Shareholder proposal requested a report on faith-based employee resource groups, advocating for equal treatment of religious employees.
Board opposed the faith-based resource group proposal, citing no requirement for such groups.
- Strong loan and deposit growth, robust capital, and disciplined returns despite margin pressure.FCNCA
Q1 20268 May 2026 - Board recommends all director nominees, say-on-pay, auditor ratification, and opposes faith-based ERG report.FCNCA
Proxy filing23 Mar 2026 - Q2 2024 delivered strong growth, stable credit, and a $3.5B share repurchase plan approved.FCNCA
Q2 20242 Feb 2026 - Strong Q4 results, rising earnings, loan growth, and major branch acquisition plans.FCNCA
Q4 20251 Feb 2026 - Acquisition of 138 BMO branches adds $5.7B in deposits and expands reach across 11 states.FCNCA
M&A presentation26 Jan 2026 - Merger with Park National Corporation approved, promising growth, value, and operational scale.FCNCA
EGM 202621 Jan 2026 - Q3 net income fell 10% to $639M, but capital and share repurchases remained strong.FCNCA
Q3 202418 Jan 2026 - Net income rose to $700M in Q4 2024, with strong loan growth and active share repurchases.FCNCA
Q4 20249 Jan 2026 - Q1 2025 saw strong loan and deposit growth, stable credit, and robust capital returns.FCNCA
Q1 202521 Dec 2025
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