First Citizens reports Q1 2026 earnings with $534M net income, loan growth, and $900M stock buybacks.

First Citizens BancShares reported $534 million net income for Q1 2026, down from $580 million in Q4 2025, with loan and deposit growth supporting strong capital and liquidity. The bank prepaid $2.5 billion of its Purchase Money Note and repurchased $900 million in shares, reflecting confidence in its financial position. Despite a slight decline in net interest income and margin, credit quality remained resilient with manageable loan losses. The company plans to continue its share repurchase program and maintain strong capital ratios amid stable funding and liquidity.