Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Frank B. Holding, Jr. earned $1.02M in total compensation at First Citizens BancShares, primarily from $1.01M salary. Most recently acquired 1,650 shares in Mar 2025. Currently holds stock worth $1.69B. Has donated $2.35B in stock to charitable causes. Has led First Citizens BancShares for over 17 years.

Compensation History

Annual executive compensation data for Frank B. Holding, Jr., including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$1.02M

Salary

$1.01M

Bonus

$0.00

Other

$14.85K

Salary

$1.01M

Board Justification

The compensation philosophy emphasizes performance-based compensation aligned with long-term company goals and stockholder interests.

Bonus

$0.00

Board Justification

No discretionary bonuses were paid for 2023 to any of our NEOs.

Other Compensation

$14.85K

Board Justification

Includes matching contributions under Section 401(k) plans and other limited personal benefits.

Restricted Stock

$0.000 N/A

Board Justification

No stock awards were granted to Mr. Holding in 2023, thus no vested stock is reported.

Performance Metrics

Performance metrics include growth in tangible book value per share and achievement of merger integration milestones.

F

Frank B. Holding, Jr.

CEO of First Citizens BancShares

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

CEO of First Citizens BancShares for

17 years 10 months (Jan 2008 - Present)

Previous Experience

Employed by the Bank since 1984, served as President since 1994.

Holdings

Track Frank B. Holding, Jr.'s stock holdings and portfolio value over time.

Total Stock Sold

$4.51M

FCNCA

$4.51M

3,515 FCNCA shares

What if they kept their stock?

If Frank B. Holding, Jr. didn't sell their stock, today they would have:
Extra FCNCA3,515 shares worth $6.93M.
This is 53.69% and $2.42M more than what they got when they sold the stock.

Charitable Transactions

FCNCA

1,192,470 shares

FCNCA

Recent Charitable Transactions

FCNCA

93,723 shares

FCNCA

Feb 11, 2025

Charity

FCNCA

330,426 shares

FCNCA

Feb 11, 2025

Charity

FCNCA

160 shares

FCNCA

Dec 20, 2024

Charity

FCNCA

180 shares

FCNCA

Dec 20, 2024

Charity

FCNCA

475 shares

FCNCA

Dec 8, 2023

Charity

FCNCA

855 shares

FCNCA

Mar 28, 2022

Charity

Insider Trading

Frank B. Holding, Jr.'s recent stock transactions, purchases, and sales filed with the SEC.

FCNCA

60 shares

FCNCA

Mar 18, 2025

Charity

FCNCA

$2.46M

FCNCA at $1.49K/share

Mar 10, 2025

Purchase

FCNCA

90 shares

FCNCA

Feb 21, 2025

Charity

FCNCA

81 shares

FCNCA

Feb 21, 2025

Charity

FCNCA

93,723 shares

FCNCA

Feb 11, 2025

Charity

FCNCA

93,723 shares

FCNCA

Feb 11, 2025

Charity

FCNCA

330,426 shares

FCNCA

Feb 11, 2025

Charity

FCNCA

330,426 shares

FCNCA

Feb 11, 2025

Charity

FCNCA

160 shares

FCNCA

Dec 20, 2024

Charity

FCNCA

180 shares

FCNCA

Dec 20, 2024

Charity

Rivals

Compare Frank B. Holding, Jr. with competitor CEOs and industry peers.