“Breaking Down the Numbers: First Citizens Bancshares Inc.’s Q4 2024 Earnings Call – A Playful Peek Behind the Curtain”

Welcome to the First Citizens BancShares Fourth Quarter Earnings Conference Call!

Company Participants:

Deanna Hart – Head of IR

Frank Holding – Chairman and CEO

Craig Nix – CFO

Tom Eklund – Treasurer

Marc Cadieux – President, Silicon Valley Bank

Andrew Giangrave – EVP, Chief Credit Officer

Conference Call Participants:

Bernard von-Gizycki – Deutsche Bank

Anthony Elian – JPMorgan

Chris McGratty – KBW

Christopher Marinac – Janney Montgomery Scott

Nicholas Holowko – UBS

Ladies and gentlemen, thank you for standing by, and welcome to the First Citizens BancShares Fourth Quarter 2024 Earnings Conference Call. [Operator Instructions].

As we dive into the details of the Fourth Quarter 2024 Earnings for First Citizens BancShares, we can’t help but feel a sense of excitement and anticipation. With a stellar lineup of company participants and conference call attendees, it’s clear that the financial world is buzzing with curiosity and interest.

Deanna Hart, the Head of IR, sets the stage for the call, followed by insights from Frank Holding, the Chairman and CEO, Craig Nix, the CFO, and Tom Eklund, the Treasurer. The presence of Marc Cadieux, President of Silicon Valley Bank, and Andrew Giangrave, EVP and Chief Credit Officer, further adds depth and expertise to the discussion.

Among the conference call participants are notable names like Bernard von-Gizycki from Deutsche Bank, Anthony Elian from JPMorgan, and Chris McGratty from KBW. Each participant brings their unique perspective and insights, contributing to a dynamic and engaging conversation.

With the stage set and the participants ready, it’s time to delve into the details of the Fourth Quarter 2024 Earnings for First Citizens BancShares. The numbers, the projections, and the strategic initiatives discussed during this call will undoubtedly shape the trajectory of the company moving forward.

How This Will Affect Me:

As a current or potential shareholder of First Citizens BancShares, the insights shared during the Fourth Quarter 2024 Earnings Conference Call are crucial in understanding the financial health and performance of the company. The information discussed during this call can help you make informed decisions about your investments and assess the potential growth opportunities in the future.

How This Will Affect the World:

The outcomes of the Fourth Quarter 2024 Earnings Conference Call for First Citizens BancShares can have broader implications for the financial industry and the economy as a whole. The decisions and strategies discussed during this call may influence market trends, investor sentiment, and the overall stability of the banking sector. As a key player in the financial market, the actions of First Citizens BancShares can ripple outwards and impact the world at large.

Conclusion:

In conclusion, the Fourth Quarter 2024 Earnings Conference Call for First Citizens BancShares was a pivotal moment that brought together industry leaders, stakeholders, and investors to discuss the company’s performance and future outlook. The insights shared during this call have the power to shape individual investment decisions and influence the broader financial landscape. As we eagerly await the outcomes of this discussion, it’s clear that the impact of First Citizens BancShares extends far beyond its balance sheets and profit margins.

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