First Citizens BancShares (FCNCA) reported that its fourh quarter net income available to common stockholders increased to $685 million from $499 million, prior year. Earnings per common share was $49.21 compared to $34.33. Adjusted EPS was $45.10 compared to $46.58. Analysts on average expected the company to report profit per share of $39.11, for the quarter. Analysts' estimates typically exclude special items.
Net interest income was $1.71 billion compared to $1.91 billion, previous year. Noninterest income increased to $699 million from $543 million. Analysts on average had estimated $2.21 billion in revenue.
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