FCNCA - First Citizens BancShares, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

First Citizens BancShares, Inc.

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

SectorFinancial Services
IndustryBanks - Regional - US
Full Time Employees6,301

Key Executives

NameTitlePayExercisedYear Born
Mr. Frank Brown Holding Jr.Chairman & CEO2.81MN/A1961
Ms. Hope Holding BryantVice Chairman & Corp. Sales Exec.1.63MN/A1963
Mr. Peter McDonald Bristow Jr.Pres, Corp. Sales Exec. & Director1.63MN/A1966
Mr. Craig Lockwood NixChief Financial Officer1.22MN/A1972
Mr. Edward Lee Willingham IVChief Operating Officer1.63MN/A1955
Amounts are as of December 31, 2018 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 retail and commercial banking services to individuals, businesses, and professionals. 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 management and advisory services; and defined benefit and defined contribution, private banking, trust, fiduciary, philanthropy, and special asset services. 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, 2018, it operated 551 branches in Arizona, California, Colorado, Florida, Georgia, Kansas, Maryland, Minnesota, Missouri, New Mexico, North Carolina, Oklahoma, Oregon, 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 June 25, 2019 is 8. The pillar scores are Audit: 2; Board: 8; Shareholder Rights: 10; 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.