Retail Commercial Banking & Credit · vs · Payment Processing & Merchant Infrastructure
First Citizens Bank vs FIS
Structured technology and market comparison · 2026
Direct Feature Comparison
First Citizens Bank · vs · FIS| Attribute | FIFirst Citizens Bank | FIFIS |
|---|---|---|
| Market Cluster / Sector | Retail Commercial Banking & Credit | Payment Processing & Merchant Infrastructure |
| Business Model / Role | Advertiser / Brand | B2B SaaS Provider |
| Platform Focus | US commercial bank serving consumers, businesses and commercial clients. | Financial software and payments infrastructure for banks and enterprises. |
| Company Size | >5,000 employees | >5,000 employees |
| Headquarters | United States | United States |
| Year Founded | 1898 | 1968 |
| Dossier & Alternatives |
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Comparison Analysis
What is the main difference between First Citizens Bank and FIS?
When comparing First Citizens Bank and FIS, both platforms operate within the Customer Relationship Management (CRM) and Payment Gateway & Orchestration ecosystem. First Citizens Bank is positioned as US commercial bank serving consumers, businesses and commercial clients, whereas FIS focuses on Financial software and payments infrastructure for banks and enterprises. Decision-makers evaluate both solutions when orchestrating their commercial monetization and technology stack.
What are the top alternatives to First Citizens Bank and FIS?
When evaluating First Citizens Bank and FIS, enterprise buyers also consider other platforms in Customer Relationship Management (CRM) and Payment Gateway & Orchestration. You can discover the full competitive landscape and evaluate other alternatives by viewing their respective footprint profiles on Polaris7.
How do the corporate scale, structure, and headquarters of First Citizens Bank and FIS compare?
First Citizens Bank is headquartered in United States (founded in 1898) with >5,000 employees. FIS is based in United States (founded in 1968) with >5,000 employees. Complete ownership, subsidiary trees, and corporate affiliations are documented across Polaris7.
Market Signals
Recent Market Signals & Activity: First Citizens Bank vs FIS
Documented market movements, strategic partnerships, product releases, and regulatory developments mapped across Polaris7.
First Citizens Bank
Recent Signals
- ·SEC APIfinancials
10-Q Financial Filing Analysis for First Citizens Bank (2026-11-06)
First Citizens BancShares, Inc. reported its third quarter 2026 financial results, delivering net income of $606 million ($51.23 per diluted common share), up from $568 million in Q3 2025 but down from $672 million in Q2 2026. Net interest income reached $1.70 billion with a net interest margin of 3.07% (2.99% excluding purchase accounting accretion). Noninterest income totaled $734 million, supported by operating lease rental income of $288 million, while noninterest expenses rose to $1.57 billion. On September 4, 2026, the company completed the acquisition of 138 branches from BMO Bank N.A., assuming $4.86 billion in deposits and $643 million in loans. Liquidity was actively deployed toward voluntary prepayments of the FDIC Purchase Money Note ($8.00 billion prepaid in Q3, reducing the carrying balance to $20.45 billion). Credit performance remained stable with net charge-offs of $103 million (0.27% annualized) and an allowance for loan and lease losses of 0.91% of total loans.
- Completed the acquisition of 138 branches from BMO Bank N.A. on September 4, 2026, acquiring $643 million in loans and assuming $4.86 billion in deposits.
- Prepaid $8.00 billion of the FDIC Purchase Money Note in Q3 2026 ($13.00 billion year-to-date), lowering the note balance to $20.45 billion and incurring a $19 million debt extinguishment loss.
- Repurchased 278,828 Class A common shares for $600 million in Q3 2026 under the 2025 program, and authorized a new $1.2 billion share repurchase program for 2027 on October 23, 2026.
- ·SEC APIfinancials
8-K Financial Filing Analysis for First Citizens Bank (2026-10-23)
First Citizens BancShares, Inc. furnished its third-quarter 2026 financial results under Item 2.02 and announced that its Board of Directors authorized a new share repurchase program (the '2027 SRP') under Item 8.01. The newly authorized program permits the bank to repurchase up to $1.2 billion of its Class A common stock across calendar year 2027. Repurchases will be executed at management's discretion via open-market or privately negotiated transactions, including Rule 10b5-1 plans. The authorization reflects sustained capital strength and capital return capacity following prior acquisitions, including the integration of 138 branches acquired from BMO Bank N.A. in September 2026.
- First Citizens BancShares' Board of Directors authorized a new share repurchase program permitting repurchases of up to $1.2 billion of Class A common stock during calendar year 2027.
- The 2027 share repurchase program follows the existing 2025 program (which authorizes Class A buybacks through 2026) and operates at management's discretion via open market transactions, private purchases, or Rule 10b5-1 trading plans.
- The filing also furnished Q3 2026 financial results and highlighted recent operations, including the integration of 138 branches acquired from BMO Bank N.A. in September 2026.
- ·SEC APIfinancials
8-K Financial Filing Analysis for First Citizens Bank (2026-09-08)
On September 8, 2026, First Citizens BancShares, Inc. reported that its primary banking subsidiary, First-Citizens Bank & Trust Company, finalized the acquisition of 138 bank branches from BMO Bank N.A., effective September 4, 2026. The acquired branches span across key U.S. geographic areas including the Midwest, Great Plains, and Western regions. This transaction marks a significant physical footprint expansion, strengthening First Citizens' regional deposit franchise, commercial reach, and customer base across underserved and growing domestic banking markets.
- Completed the acquisition of 138 branches from BMO Bank N.A. effective September 4, 2026.
- Acquired branch footprint spans the Midwest, Great Plains, and Western regions of the United States.
FIS
Recent Signals
- ·SEC APIfinancials
10-Q Financial Filing Analysis for FIS (2026-11-04)
Fidelity National Information Services, Inc. (FIS) reported its Q3 2026 financial results, posting revenue of $3,454 million, up 27% year-over-year compared to $2,717 million in Q3 2025. Growth was driven primarily by the acquisition of the Issuer Solutions Business from Global Payments, completed on January 9, 2026, which contributed $662 million in revenue during the quarter. Gross profit reached $1,279 million, while operating income grew 44% to $660 million, yielding an operating margin of 19%. Net earnings attributable to FIS rose to $356 million ($0.69 per diluted share). Concurrent with the filing, FIS announced a CFO transition: James Kehoe will step down effective November 5, 2026, succeeded on an interim basis by EVP and Chief Accounting Officer Alexandra Brooks while a search for a permanent successor is underway.
- Revenue increased 27.1% YoY to $3,454 million in Q3 2026, while operating income expanded 44.4% to $660 million and net income reached $356 million.
- The Issuer Solutions acquisition added $662 million of revenue in Q3 2026 and was funded via $7.7 billion in new debt along with the full divestiture of FIS's remaining 45% stake in Worldpay for $5.8 billion net pre-tax proceeds.
- CFO James Kehoe will step down effective November 5, 2026, and Chief Accounting Officer Alexandra Brooks has been appointed interim Chief Financial Officer.
- ·SEC APIfinancials
8-K Financial Filing Analysis for FIS (2026-11-04)
On November 4, 2026, Fidelity National Information Services, Inc. (FIS) submitted a Form 8-K under Item 2.02 (Results of Operations and Financial Condition) announcing that it issued a press release disclosing its financial results for the three and nine months ended September 30, 2026. The release also provided management's full-year financial guidance for the year ending December 31, 2026. The full earnings release was furnished as Exhibit 99.1 but was not incorporated as filed under Section 18 of the Exchange Act.
- FIS furnished a press release reporting financial results for the three and nine months ended September 30, 2026.
- The announcement included updated full-year 2026 financial guidance for the period ending December 31, 2026.
- The filing was formally executed by Chief Financial Officer James Kehoe and Chief Accounting Officer Alexandra Brooks on November 4, 2026.
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