RALEIGH, N.C. (AP) — RALEIGH, N.C. (AP) — First Citizens BancShares Inc. (FCNCA) on Wednesday reported net income of $9.52 billion in its first quarter.
The Raleigh, North Carolina-based bank said it had earnings of $653.64 per share. Earnings, adjusted for non-recurring gains, came to $20.09 per share.
The bank posted revenue of $11.47 billion in the period. Its revenue net of interest expense was $1.29 billion, beating Street forecasts.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FCNCA at https://www.zacks.com/ap/FCNCA
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