First Citizens BancShares, Inc. (FCNCA) Q3 2024 Earnings Call Transcript

First Citizens BancShares, Inc. (NASDAQ:FCNCA) Q3 2024 Earnings Call Transcript October 24, 2024 9:00 AM ET

Company Participants

Deanna Hart – Head of Investor Relations
Frank Holding – Chairman and CEO
Craig Nix – Chief Financial Officer
Tom Eklund – Treasurer
Marc Cadieux – President of Silicon Valley Bank, a division of First Citizens Bank

Conference Call Participants

Chris McGratty – KBW
David Long – Raymond James
Ryan Nash – Goldman Sachs
Christopher Marinac – Janney Montgomery Scott

Operator

Ladies and gentlemen, thank you for standing by. And welcome to the First Citizens Bancshares’ Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer section. [Operator Instructions]. As a reminder, today’s conference is being recorded.

I would now like to introduce the host of this conference call, Ms. Deanna Hart, Head of Investor Relations. You may begin.

Deanna Hart

Thank you and good morning. Welcome to First Citizens’ third quarter earnings call. Joining me on the call today are Chairman and Chief Executive Officer, Frank Holding; and Chief Financial Officer, Craig Nix. They will provide third quarter business and financial updates, referencing our earnings call presentation, which you can find on our website. Our comments will include forward-looking statements, which are subject to risks and uncertainties that may cause actual results to differ materially from expectations. We assume no obligation to update such statements. These risks are outlined on Page 3 of the presentation.

We will also reference non-GAAP financial measures. Reconciliations of these measures against the most directly comparable GAAP measures can be found in section 5 of the presentation. Finally, First Citizens is not responsible for and does not edit nor guarantee the accuracy of earnings transcripts provided by third parties.

I’ll now

Read the full article here