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First Citizens Bancshares Executive Compensation (FY25)

FCNCA · Executive and director compensation, fiscal 2023 to 2025
Data as of September 7, 2026Latest filing (8-K): May 7, 2026
180 figures on this page: 170 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
Total compensation for Frank Holding, Jr., Chairman and Chief Executive Officer, came to $10,247,600 in fiscal 2025. Holding, Jr.'s total was 6.9% lower than the $11,006,328 reported for fiscal 2024. The disclosed chief executive pay ratio for fiscal 2025 is 81:1, against median employee compensation of $125,819. Shareholders supported the say-on-pay proposal with 98.3% of votes cast for or against in favor at the meeting held May 4, 2026 for fiscal 2025, and companies named in the disclosed peer group include Ally Financial Inc., Capital One Financial Corporation, Citizens Financial Group, Inc., Comerica Incorporated and Fifth Third Bancorp, among others.
Chief executive, fiscal 2025
◇
Frank Holding, Jr.
Latest say-on-pay support
=
May 4, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Frank Holding, Jr.: $11,006,328 → $10,247,600 (6.9% lower)
Say-on-pay support: 98.9% → 98.3% (0.6 points lower)
CEO pay ratio: 99:1 → 81:1 (18.2% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is First Citizens Bancshares' chief executive and what were they paid?
Total compensation for Frank Holding, Jr., Chairman and Chief Executive Officer, came to $10,247,600 in fiscal 2025. Holding, Jr.'s total was 6.9% lower than the $11,006,328 reported for fiscal 2024.
What was First Citizens Bancshares' say-on-pay result?
Shareholders supported the say-on-pay proposal with 98.3% of votes cast for or against in favor at the meeting held May 4, 2026 for fiscal 2025.
Which companies are in First Citizens Bancshares' peer group?
Companies named in the disclosed peer group include Ally Financial Inc., Capital One Financial Corporation, Citizens Financial Group, Inc., Comerica Incorporated and Fifth Third Bancorp, among others.
What is First Citizens Bancshares' chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 81:1, against median employee compensation of $125,819.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Frank Holding, Jr.
Chairman and Chief Executive Officer
◇———◇◇◇◇
Peter Bristow
President
◇———◇◇◇◇
Hope Bryant
Vice Chairwoman
◇———◇◇◇◇
Craig Nix
Chief Financial Officer
◇———◇◇◇◇
Lorie Rupp
Chief Risk Officer
◇———◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Frank Holding, Jr.
Chairman and Chief Executive Officer
◇———◇◇◇◇
Peter Bristow
President
◇———◇◇◇◇
Hope Bryant
Vice Chairwoman
◇———◇◇◇◇
Craig Nix
Chief Financial Officer
◇———◇◇◇◇
Lorie Rupp
Chief Risk Officer
◇———◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Frank Holding, Jr.
Chairman and Chief Executive Officer
◇———◇◇◇◇
Hope Bryant
Vice Chairwoman
◇———◇◇◇◇
Peter Bristow
President
◇———◇◇◇◇
Craig Nix
Chief Financial Officer
◇———◇◇◇◇
Lorie Rupp
Chief Risk Officer
◇———◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Craig L. NixPSU◇—◇—◇—◇
Craig L. NixPSU◇— withheld◇—◇—◇
Frank B. Holding JrPSU◇— withheld◇—◇—◇
Frank B. Holding JrPSU◇—◇—◇—◇
Hope H. BryantPSU◇— withheld◇—◇—◇
Hope H. BryantPSU◇—◇—◇—◇
Lorie K. RuppPSU◇— withheld◇—◇—◇
Lorie K. RuppPSU◇—◇—◇—◇
Peter M. BristowPSU◇— withheld◇—◇—◇
Peter M. BristowPSU◇—◇—◇—◇
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
R. Mattox Snow III
◇—————◇
Robert T. Newcomb
Lead independent director
◇—————◇
Robert R. Hoppe
◇—————◇
Dr. Eugene Flood, Jr
◇—————◇
David G. Leitch
◇—————◇
Ellen R. Alemany
◇—————◇
Robert E. Mason IV
◇—————◇
Victor E. Bell III
◇—————◇
Diane E. Morais
◇—————◇
Michael A. Carpenter
◇—————◇
H. Lee Durham, Jr
◇—————◇
Frank B. Holding, Jr, Hope H. Bryant, John M. Alexander, Jr and Peter M. Bristow served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Audit committee chair◇
Audit committee member◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Ally Financial Inc. ALLY
  • Capital One Financial Corporation COF
  • Citizens Financial Group, Inc. CFG
  • Comerica Incorporated CMA
  • Fifth Third Bancorp FITB
  • Flagstar Financial, Inc. FLG
  • Huntington BancShares Incorporated HBAN
  • KeyCorp KEY
  • M&T Bank Corporation MTB
  • Regions Financial Corporation RF
  • The PNC Financial Services Group, Inc. PNC
  • Truist Financial Corporation TFC

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 4, 2026=◇◇◇
2024April 29, 2025=◇◇◇
2023May 1, 2024=◇◇◇
2022April 25, 2023=◇◇◇
2021April 26, 2022=◇◇◇
2020April 27, 2021=◇◇◇
2018April 30, 2019=◇◇◇
2017April 24, 2018=◇◇◇
2016April 25, 2017=◇◇◇
2015April 26, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact First Citizens Bancshares disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where First Citizens Bancshares sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
180 figures on this page: 170 cited to the filing that reported them, 10 calculated from figures it prints.
170 cited to the filing
10 calculated from the filing

Documents cited

  1. 0000798941-26-000020
  2. 0001193125-26-119777
    2025 DIRECTOR COMPENSATION · DIRECTOR COMPENSATION · GRANTS OF PLAN-BASED AWARDS · Grants of Plan-Based Awards · and 1 more section
  3. 000119312526119777
    CEO Pay Ratio
  4. 0000798941-25-000021
  5. 0001193125-25-056659
    SUMMARY COMPENSATION TABLE
  6. 0000798941-24-000024
  7. 0001193125-24-069198
    SUMMARY COMPENSATION TABLE
  8. 0000798941-23-000023
  9. 0000798941-22-000034
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0000798941-21-000026
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0000798941-19-000023
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0000798941-18-000012
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0000798941-17-000016
  14. 0000798941-16-000041
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This page is free to cite. Attribution we ask for:
Velarion, “First Citizens Bancshares executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/FCNCA (accessed 2026).
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Banking rankings

Chief executive pay — BankingCEO pay ratio — BankingSay-on-pay support — Banking

Peers First Citizens Bancshares discloses

The companies named in FCNCA's own disclosed peer group.

Ally Financial Inc.Capital One Financial CorporationCitizens Financial Group, Inc.Comerica IncorporatedFifth Third BancorpFlagstar Financial, Inc.Huntington BancShares IncorporatedKeyCorpM&T Bank CorporationRegions Financial CorporationThe PNC Financial Services Group, Inc.Truist Financial Corporation

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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