First Citizens BancShares reported solid Q4 2024 results in a post-SVB integration environment, with net income of $700 million on $3.689 billion of revenue. Management emphasized resilience across operating segments, solid loan and deposit growth, and capital strength as the franchise continues to scale. The quarter featured higher noninterest income and continued investment to modernize technology and risk capabilities, contributing to a 57% adjusted efficiency ratio and a 3.32% headline net interest margin (NIM) with ex-accretion of 3.16%. In their 2025 outlook, FCNCB guided for headline net interest income of $6.6–$7.0 billion, expects loan growth to carry into 2025 (Q1 loans projected at $140–$142 billion; full-year $144–$147 billion) and deposit growth to be $162–$167 billion for the year, while signaling ongoing share buybacks and balance-sheet optimization. Management ruled out material 2025 M&A activity but highlighted an opportunistic stance. The company intends to reduce reliance on high-cost funding, manage CET1 towards a 10.5–11% target by year-end 2025 (absent loss-share benefits), and pursue operational efficiency toward a mid- to high-50s efficiency ratio over the medium term. Overall, FCNCB presents a durable profitability profile, supported by capital adequacy, liquidity, and a scalable platform, albeit with near-term headwinds from rate dynamics and a revenue mix sensitive to net interest income.