First Citz Bancshare Pref Share FCNCP 5.375 Perp 03/15/25 | 10-Q: FY2025 Q3 Revenue: USD 3.697 B

Revenue: As of FY2025 Q3, the actual value is USD 3.697 B.

EPS: As of FY2025 Q3, the actual value is USD 43.08.

EBIT: As of FY2025 Q3, the actual value is USD -983 M.

Interest and fees on loans: $2,300 million for Q3 2025, $2,430 million for Q3 2024, $6,806 million for the nine months ended September 30, 2025, and $7,206 million for the nine months ended September 30, 2024.
Interest on investment securities: $433 million for Q3 2025, $358 million for Q3 2024, $1,266 million for the nine months ended September 30, 2025, and $970 million for the nine months ended September 30, 2024.
Interest on deposits at banks: $265 million for Q3 2025, $350 million for Q3 2024, $766 million for the nine months ended September 30, 2025, and $1,176 million for the nine months ended September 30, 2024.
Total interest income: $2,998 million for Q3 2025, $3,138 million for Q3 2024, $8,838 million for the nine months ended September 30, 2025, and $9,352 million for the nine months ended September 30, 2024.
Rental income on operating lease equipment: $273 million for Q3 2025, $262 million for Q3 2024, $815 million for the nine months ended September 30, 2025, and $776 million for the nine months ended September 30, 2024.
Total noninterest income: $699 million for Q3 2025, $650 million for Q3 2024, $2,012 million for the nine months ended September 30, 2025, and $1,916 million for the nine months ended September 30, 2024.

Net interest income: $1,734 million for Q3 2025, $1,796 million for Q3 2024, $5,092 million for the nine months ended September 30, 2025, and $5,434 million for the nine months ended September 30, 2024.
Provision for credit losses: $191 million for Q3 2025, $117 million for Q3 2024, $460 million for the nine months ended September 30, 2025, and $276 million for the nine months ended September 30, 2024.
Net income: $568 million for Q3 2025, $639 million for Q3 2024, $1,626 million for the nine months ended September 30, 2025, and $2,077 million for the nine months ended September 30, 2024.

Net cash provided by operating activities: $1,873 million for the nine months ended September 30, 2025, and $1,869 million for the nine months ended September 30, 2024.
Net cash used in investing activities: - $9,240 million for the nine months ended September 30, 2025, and - $6,411 million for the nine months ended September 30, 2024.
Net cash provided by financing activities: $7,427 million for the nine months ended September 30, 2025, and $4,496 million for the nine months ended September 30, 2024.

Total assets: $233,488 million as of September 30, 2025, and $223,720 million as of December 31, 2024.
Total liabilities: $211,502 million as of September 30, 2025, and $201,492 million as of December 31, 2024.
Total stockholders’ equity: $21,986 million as of September 30, 2025, and $22,228 million as of December 31, 2024.

Pending Branch Acquisition: On October 16, 2025, FCB announced an agreement to acquire 138 branches from BMO Bank N.A., expecting to assume approximately $5.7 billion in deposit liabilities and acquire approximately $1.1 billion in loans. The transaction is expected to close in mid-2026, subject to customary closing terms and conditions and regulatory approvals.

Completed Acquisition: On March 27, 2023, FCB acquired substantially all loans and certain other assets and assumed all customer deposits and certain other liabilities of Silicon Valley Bridge Bank, N.A. (SVBB) from the FDIC. In connection with the acquisition, FCB issued a five-year $36.07 billion note payable to the FDIC, maturing March 27, 2028.

Strategic Plans: The company is focused on expanding its branch network through acquisitions and managing its loan portfolio effectively to ensure growth and stability.