First Citizens BancShares, the parent company of First Citizens Bank, was named for the first time to the Fortune 500 list of the largest companies in the United States by revenue. First Citizens ranked No. 182 overall on the 2024 list. In addition, the bank was listed at No. 24 on Fortune’s 2024 list of fastest-growing companies.

“At First Citizens, we are deeply committed to supporting clients with high-quality, reliable products and services, strong relationships and long-term thinking. We are proud to join the Fortune 500,” Frank B. Holding, Jr., chairman and CEO of First Citizens, said. “I thank and congratulate our more than 16,000 associates, whose accomplishments and dedication have made this possible. We look forward to building on this momentum with continued strong results and sustainable growth for the benefit of all of our stakeholders.”

Over the past year, First Citizens has received other notable recognitions, including being named in the top 20 on Forbes’ 2024 list of America’s Best Banks, ranking among the top five banks nationally in the Greenwich Excellence and Best Brand Awards, and being named one of the top 50 financial institution originators and/or receivers of ACH payments in the nation by the Nacha Payment Systems Organization.