First-Citizens Bank & Trust Company: how it compares with its peers
Against 19 U.S. banks with half to twice its assets, First-Citizens Bank & Trust Company's strongest measure in Q2 2026 is net interest margin (3.14% vs. a 3.24% peer median). Its weakest relative measure is return on assets (1.03% vs. 1.14%).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.03% | 1.14% | Bottom third Ahead of 32% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.14% | 3.24% | Middle third Ahead of 47% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 65.10% | 57.49% | Bottom third Ahead of 32% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $13.1M | $13.4M | Middle third Ahead of 47% of peers |
| Loans to deposits Net loans and leases over total deposits. | 86.02% | 73.25% | Context |
What it means for lending operations
Its efficiency ratio of 65.10% is above the 57.49% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Citizens Bank, National Association Providence, RI · $232.52B
- Morgan Stanley Private Bank, National Association Purchase, NY · $250.43B
- Charles Schwab Bank, SSB Westlake, TX · $250.83B
- Manufacturers and Traders Trust Company Buffalo, NY · $218.79B
- BMO Bank National Association Chicago, IL · $254.97B
- American Express National Bank Sandy, UT · $213.95B
Questions about First-Citizens Bank & Trust Company
How big is First-Citizens Bank & Trust Company?
First-Citizens Bank & Trust Company, established in 1898, is headquartered in Raleigh, NC. It reported $236.32B in total assets in its Q2 2026 FDIC call report and operates 655 offices.
What is First-Citizens Bank & Trust Company's return on assets?
1.03% annualized in Q2 2026, against a 1.14% median for 19 U.S. banks with half to twice its assets, ahead of 32% of them.
What is First-Citizens Bank & Trust Company's efficiency ratio?
65.10% in Q2 2026: it spent about 65 cents in noninterest expense for each dollar of revenue. The peer median is 57.49%, and lower is better.
Is First-Citizens Bank & Trust Company growing its loans?
Net loans grew 7.1% over the year to Q2 2026, while deposits grew 8.5%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are U.S. banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every North Carolina bank ranked.