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First Citizens BancShares, Inc. (FCNCA)


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First Citizens BancShares, Inc.

4300 Six Forks Road
Raleigh, NC 27609
United States
919-716-7000
http://www.firstcitizens.com

SectorFinancial
IndustryRegional - Mid-Atlantic Banks
Full Time Employees5,855

Key Executives

NameTitlePayExercisedAge
Mr. Frank B. Holding Jr.Chairman, CEO, Chairman of First-Citizens Bank & Trust Co. & CEO of First-Citizens Bank & Trust Co.1.71MN/A56
Mr. Peter M. Bristow Jr.Pres, Director and Director of First Citizens Bank of North Carolina1.03MN/A51
Mr. Craig L. NixChief Financial Officer and Chief Financial Officer of First Citizens Bank & Trust Company915.08kN/A45
Mr. Edward Lee Willingham IVChief Operating Officer and Chief Operating Officer of First-Citizens Bank & Trust Company981.56kN/A62
Mr. Brent Ciliano CFAChief Investment OfficerN/AN/AN/A
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

First Citizens BancShares, Inc. operates as the holding company for First-Citizens Bank & Trust Company that provides banking services to retail and commercial customers. Its deposit products include checking, savings, money market and time deposit accounts. The company’s loan products portfolio comprises commercial construction and land development, commercial mortgage, commercial and industrial, lease financing, and other commercial real estate loans; and noncommercial construction and land development, residential mortgage, revolving mortgage, and consumer loans. It also offers treasury services products, cardholder and merchant services, wealth management services, and various other products and services; investment services, including annuities, discount brokerage services, and third-party mutual funds, as well as investment advisory services; trust and asset management services; and title insurance products. The company offers its products and services through its branch network, as well as through digital banking, telephone banking, and various ATM networks. As of December 31, 2016, it operated 550 branches in Arizona, California, Colorado, Florida, Georgia, Kansas, Maryland, Missouri, New Mexico, North Carolina, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Washington, West Virginia, and Wisconsin. The company was founded in 1898 and is headquartered in Raleigh, North Carolina.

Corporate Governance

First Citizens BancShares, Inc.’s ISS Governance QualityScore as of May 1, 2017 is 4. The pillar scores are Audit: 2; Board: 9; Shareholder Rights: 6; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.