First Citizens BancShares: Q3 2026 results; $1,200,000,000 repurchase authorized

What happened

• First Citizens BancShares announced results of operations for the quarter ended Sep 30, 2026. The company also announced that its board authorized a share repurchase program for 2027 allowing repurchases of Class A common stock in an aggregate amount up to $1,200,000,000.
• BancShares said it will host a conference call at 9 a.m. Eastern time on Oct 23, 2026, to discuss the quarter; slides for the presentation are included with the filing.

Key details

• Item 2.02: BancShares announced results for the quarter ended Sep 30, 2026; the press release and financial supplement are included as Exhibit 99.1 and Exhibit 99.3.
• Item 7.01: conference call at 9 a.m. Eastern on Oct 23, 2026; presentation slides are included as Exhibit 99.2.
• Item 8.01: board authorized the 2027 SRP to repurchase up to $1,200,000,000 of Class A common stock in 2027; repurchases may be on the open market or in privately negotiated transactions, including under Rule 10b5-1 plans, and the board is not obligated to repurchase any minimum number of shares.

Why it may matter

• Item 2.02 reports results of operations and financial condition for the quarter ended Sep 30, 2026. Item 7.01 is a Regulation FD disclosure about the conference call and slides. Item 8.01 reports a board action authorizing a 2027 share repurchase program and describes how repurchases may be executed and limited.
• The filing includes forward-looking statements and lists factors and risks that could cause actual results to differ from those statements. This filing does not show why the insider traded or why the company acted.