First Citizens Q4 Adjusted EPS Up 15%, NIM Down 6bps; $900M Buybacks
First Citizens reported Q4 adjusted net income per share of $51.27, up from $44.62 in Q3, while net interest margin fell by 6 basis points to 3.20%. The bank returned $900M via share buybacks, prepaid a $2.5B note and agreed to acquire 138 BMO branches with $5.7B deposits.
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