First Citizens BancShares

FCNCA

Market cap $23.4B

SAN FRANCISCO , Nov. 20, 2025 /PRNewswire/ -- Silicon Valley Bank (SVB), a division of First Citizens Bank, today announced it has provided a $50 million growth capital facility to  Lumafield , a pioneer in advanced manufacturing technology that delivers AI-powered manufacturing intelligence to help companies improve product quality, accelerate development, and automate operations. The company's industrial computed tomography (CT) scanners and machine learning technology are embedded in production lines at some of the world's most recognized brands in the medical device, consumer packaged goods, automotive, and battery sectors.

RALEIGH, N.C. , Nov. 20, 2025 /PRNewswire/ -- First Citizens Bank today announced that Snow Holding has been named Director and Market Leader of Middle Market Banking for the Northeast, where he will lead relationship managers and business expansion efforts in both the Boston and New York offices, as well as the broader Northeast Corridor.

RALEIGH, N.C. , Nov. 19, 2025 /PRNewswire/ -- First-Citizens Bank & Trust Company ("First Citizens Bank"), the wholly owned banking subsidiary of First Citizens BancShares, Inc. ("BancShares") (Nasdaq: FCNCA), today announced the purchase of a downtown San Francisco building in support of the company's large and growing client base in the region.

Company veteran to lead national Life Science and Healthcare Banking Group;  Bill Burkoth tapped to lead East Region SAN FRANCISCO , Nov. 18, 2025 /PRNewswire/ --  Silicon Valley Bank (SVB), a division of First Citizens Bank, today announced that 28-year company veteran, Megan Scheffel , has been named Head of Life Science and Healthcare Banking. In her role, Scheffel will lead a nationwide team dedicated to providing specialized banking services, debt financing solutions, industry partnerships, and leading market insights to companies and investors across the sector.

BOULDER, Colo. , Nov. 13, 2025 /PRNewswire/ -- Peregrine Energy Solutions (Peregrine), an integrated multi-technology clean energy platform with a focus on utility-scale battery storage, announced today it has closed a preferred equity commitment with Bildmore Clean Energy for a battery energy storage project that is currently under construction.

RALEIGH, N.C. , Nov. 12, 2025 /PRNewswire/ -- First Citizens Wealth, a division of First Citizens Bank serving individuals and institutions, today announced the appointment of Lee Erby as Northern California Market Leader.

Financing will be used to purchase new medical outpatient facility NEW YORK , Nov. 10, 2025 /PRNewswire/ -- First Citizens Bank announced today its Healthcare Finance  business provided Stockdale Capital Partners with $38 million in first-mortgage debt to finance its acquisition of Willow Oaks Corporate Center, a 401,000-square-foot medical outpatient campus in Fairfax, VA. Comprising two eight-story buildings at 8260 and 8280 Willow Oaks Corporate Drive, Willow Oaks is anchored by Inova Health System, the leading healthcare provider in Northern Virigina and the Washington, DC metro.

Second annual survey is based on a study including 500 business owners RALEIGH, N.C. , Nov. 6, 2025 /PRNewswire/ -- First Citizens Wealth, the wealth management division of First Citizens Bank, today published its "Beyond Wealth" study of business owners and wealthy Americans, finding they are adapting their professional and personal financial planning strategies to navigate today's evolving economic landscape.

30-year industry veteran to support Middle Market banking clients throughout Georgia RALEIGH, N.C. , Nov. 5, 2025 /PRNewswire/ -- First Citizens Bank today announced that Mike Spencer has joined the company as  Managing Director of Middle Market Banking in Atlanta.

NEW YORK , Nov. 3, 2025 /PRNewswire/ -- Dynapac North America LLC and First Citizens Bank Equipment Finance today announced a new vendor finance agreement that will provide Dynapac customers with leasing and lending solutions to secure new road construction equipment. Based in Fort Mill, South Carolina, Dynapac is a global manufacturer that designs and produces equipment for road construction and compaction, including asphalt rollers, pavers, feeders, and light equipment.