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First Citizens BancShares, founded in 1898 and based in Raleigh, NC, offers retail and commercial banking, wealth management, and financial services through 529 branches across multiple states.
First Citizens Bank provides comprehensive personal banking services, including checking, savings, credit cards, mortgages, and loans, with a strong focus on digital banking and user-friendly online and mobile platforms.
In a significant expansion of its geographic footprint, First Citizens BancShares' banking subsidiary, First-Citizens Bank & Trust Company, entered into an agreement to acquire 138 branches from BMO Bank N.A. The deal includes the assumption of approximately $5.7 billion in deposits and the acquisition of about $1.1 billion in loans, extending First Citizens' presence across the Midwest, Great Plains, and Western U.S.
In a significant strategic move to broaden its national footprint, First Citizens BancShares announced an agreement to acquire 138 branches from BMO Bank N.A. located in the Midwest, Great Plains, and West. This acquisition is set to increase First Citizens' deposit base by approximately $5.7 billion and its loan portfolio by about $1.1 billion, marking a deliberate push into new markets.
RALEIGH, N.C., Sept. 30, 2026 /PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (NASDAQ: FCNCA) today announced it will report its financial results for the quarter ended September 30, 2026, before the U.S. financial markets open on Friday, October 23, 2026.
Overall rating: A-
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