NEW YORK, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of First Citizens BancShares, Inc. (“First Citizens” or the “Company”) (NASDAQ: FCNCA). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether First Citizens and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On January 23, 2026, First Citizens reported its financial results for the fourth quarter of 2025. First Citizens’ efficiency ratio, a key measure of costs relative to revenue, came in at 64.5%, missing analyst expectations and worsening from the prior year. First Citizens also described a weaker outlook, with revenue expected to deteriorate and net interest income projections described as weak for the upcoming year.
On this news, First Citizens’ stock price fell $186.97 per share, or 8.49%, to close at $2,016.56 per share on January 23, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
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CONTACT:
Danielle Peyton
Pomerantz LLP
dpeyton@pomlaw.com
646-581-9980 ext. 7980
