First Citizens BancShares Declares Series C Dividend

The company scheduled a quarterly cash payment for holders of its Series C preferred stock.

Updated on Oct. 26, 2026 in Corporate Finance

Bold flat-color editorial illustration featuring a minimalist architectural facade in deep red and cream, conveying institutional financial stability. — First Citizens BancShares has declared a quarterly cash dividend of $0.351563 per share for its Series C preferred stock, payable on December 15, 2026. AI Illustration. Upload story photo >

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First Citizens BancShares has declared a quarterly dividend of $0.351563 per share for its Series C preferred stock. The payment is set for December 15, 2026.

Why it matters

The dividend declaration provides income consistency for shareholders holding the preferred interest. It continues the company's established payout pattern for this specific class of shares.

The Series C preferred shares carry a 5.625% annual dividend rate based on a $25 liquidation preference. These dividends are non-cumulative and issued on a quarterly basis.

The players

First Citizens BancShares

This entity is a financial holding company that operates as the parent organization for various banking services.

Nasdaq

This is a global electronic marketplace for buying and selling securities where the company's preferred shares are listed.

The details

The dividend will be distributed to shareholders of record as of November 30, 2026. These preferred shares are publicly traded on the Nasdaq under the ticker symbol FCNCO.

The board declared the previous quarterly dividend in July 2026.
Shareholders must be on record by November 30, 2026, to receive the dividend.
The company will issue the dividend payment on December 15, 2026.

Market Dynamics

The announcement follows the disclosure standards set by the SEC's Regulation S-K dividend reporting protocols for public companies. This reflects broader market expectations for transparent capital allocation in the banking sector.

Shareholders of record by the November 30 deadline can expect the dividend payment to be credited to their accounts on December 15. Investors should verify their holdings through their brokerage platforms to ensure eligibility for this quarterly distribution.

The takeaway

Preferred shareholders receive non-cumulative dividends that provide a fixed return relative to the liquidation preference. Investors should note that these payments depend on board approval each quarter.