Solid Financial Performance: First Citizens BancShares reported adjusted earnings per share of $44.78, with an adjusted return on equity (ROE) of 11.00% and a return on assets (ROA) of 1.07%. Net interest income grew 2% sequentially for the second quarter, marking a positive shift after several quarters of decline, supported by higher average earning assets and lower deposit costs.

Share Repurchase Plan: The Board approved a new $4 billion share repurchase plan set to commence upon completing the current plan. This indicates a strong commitment to returning value to shareholders, having already returned $613 million through buybacks in the second quarter alone.

Loan and Deposit Growth Outlook: For Q3 2025, First Citizens anticipates loans to range between $141 billion and $144 billion, showing cautious optimism for growth, primarily driven by the General Bank and SVB Commercial. However, the total estimated deposits for Q3 2025 are projected between $159 billion and $162 billion, reflecting some expected declines in the SVB segment due to outflows and competitive pressures.