First Citizens reports Q1 EPS $52.92, consensus $43.32

Reports Q1 CET1 capital ratio 13.44%. Chairman and CEO Frank Holding said: “We are pleased with our first quarter performance where we delivered strong financial results. We posted solid loan and deposit growth and credit quality held up well. Our capital and liquidity levels increased, positioning our balance sheet well for further growth. It’s been over one year since SVB became part of First Citizens, and we continue to successfully execute on our integration efforts, which are accelerating the momentum of our franchise. We believe we are well-positioned to continue delivering strong financial results while executing on our strategic plan.”