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First Citizens reports Q4 adjusted EPS $45.10, consensus $39.11
The Fly

First Citizens reports Q4 adjusted EPS $45.10, consensus $39.11

Reports Q4 CET1 capital ratio 12.99%. Reports Q4 net charge-offs .46%. Chairman and CEO Frank Holding, Jr. said: “We delivered another quarter of strong financial results and experienced loan and deposit growth across all of our segments. Credit remained stable and our solid capital and liquidity positions allowed us to repurchase 461,583 shares of our Class A common stock for $963 million during the fourth quarter. In the wake of the recent wildfires and Hurricanes Helene and Milton, our thoughts continue to be with our associates, clients and communities across the West Coast and Southeast affected by these devastating natural disasters. We are committed to continuing our support for the mobilization of resources to impacted areas and the longer-term revitalization efforts.”

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