{"id":518443,"date":"2021-07-27T16:09:58","date_gmt":"2021-07-27T20:09:58","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/first-citizens-bancshares-declares-dividend-on-series-a-preferred-stock\/"},"modified":"2021-07-27T16:09:58","modified_gmt":"2021-07-27T20:09:58","slug":"first-citizens-bancshares-declares-dividend-on-series-a-preferred-stock","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/first-citizens-bancshares-declares-dividend-on-series-a-preferred-stock\/","title":{"rendered":"First Citizens BancShares Declares Dividend on Series \u2018A\u2019 Preferred Stock"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">RALEIGH, N.C., July  27, 2021  (GLOBE NEWSWIRE) &#8212; The Board of Directors of First Citizens BancShares Inc. (Nasdaq: FCNCA) declared a regular quarterly dividend on the company\u2019s 5.375% non-cumulative perpetual preferred stock, Series A, to be paid on Sept. 15, 2021, to holders of record as of Aug. 31, 2021.<\/p>\n<p>There are currently 345,000 outstanding shares of the Series A preferred stock which are held pursuant to a Deposit Agreement dated March 12, 2020. Under that agreement, an aggregate of 13,800,000 depositary shares were issued, each representing a 1\/40th interest in a share of the Series A preferred stock.<\/p>\n<p align=\"center\">\n        <strong>ABOUT FIRST CITIZENS BANCSHARES<\/strong>\n      <\/p>\n<p>First Citizens BancShares Inc. is the financial holding company for First Citizens Bank. First Citizens Bank provides a broad range of financial services to individuals, businesses, professionals and the medical community through branch offices in 19 states, digital banking, ATMs and telephone banking. For more information, visit First Citizens\u2019 website at <em>firstcitizens.com.<\/em><\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:6%;width:6%;min-width:6%\">Contact:<\/td>\n<td style=\"max-width:20%;width:20%;min-width:20%\">Barbara Thompson<\/td>\n<td style=\"max-width:74%;width:74%;min-width:74%\">Deanna Hart<\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td>Corporate Communications<\/td>\n<td>Investor Relations<\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td>919-716-2716<\/td>\n<td>919-716-2137<\/td>\n<\/tr>\n<\/table>\n<p>\u00a0<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI4NzgwOSM0MzE3MjcwIzIwMjA3OTQ=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/e66c2c49-abfd-4b16-9437-897a61998d5a\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>RALEIGH, N.C., July 27, 2021 (GLOBE NEWSWIRE) &#8212; The Board of Directors of First Citizens BancShares Inc. (Nasdaq: FCNCA) declared a regular quarterly dividend on the company\u2019s 5.375% non-cumulative perpetual preferred stock, Series A, to be paid on Sept. 15, 2021, to holders of record as of Aug. 31, 2021. There are currently 345,000 outstanding shares of the Series A preferred stock which are held pursuant to a Deposit Agreement dated March 12, 2020. Under that agreement, an aggregate of 13,800,000 depositary shares were issued, each representing a 1\/40th interest in a share of the Series A preferred stock. ABOUT FIRST CITIZENS BANCSHARES First Citizens BancShares Inc. is the financial holding company for First Citizens Bank. First Citizens Bank provides &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/first-citizens-bancshares-declares-dividend-on-series-a-preferred-stock\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;First Citizens BancShares Declares Dividend on Series \u2018A\u2019 Preferred Stock&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-518443","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>First Citizens BancShares Declares Dividend on Series \u2018A\u2019 Preferred Stock - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/first-citizens-bancshares-declares-dividend-on-series-a-preferred-stock\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"First Citizens BancShares Declares Dividend on Series \u2018A\u2019 Preferred Stock - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"RALEIGH, N.C., July 27, 2021 (GLOBE NEWSWIRE) &#8212; The Board of Directors of First Citizens BancShares Inc. (Nasdaq: FCNCA) declared a regular quarterly dividend on the company\u2019s 5.375% non-cumulative perpetual preferred stock, Series A, to be paid on Sept. 15, 2021, to holders of record as of Aug. 31, 2021. There are currently 345,000 outstanding shares of the Series A preferred stock which are held pursuant to a Deposit Agreement dated March 12, 2020. Under that agreement, an aggregate of 13,800,000 depositary shares were issued, each representing a 1\/40th interest in a share of the Series A preferred stock. ABOUT FIRST CITIZENS BANCSHARES First Citizens BancShares Inc. is the financial holding company for First Citizens Bank. 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