First Citizens BancShares, Inc. (North Carolina)
Industry Group: Banks
Country/Region: United States of America
First Citizens BancShares Inc is the bank holding company of First Citizens Bank & Trust Company. FCB was founded as the Bank of Smithfield in North Carolina and has expanded through both de novo branching and acquisitions. FCB currently operates in nearly half of the continental United States, but principally takes deposits in the Carolinas. The bank's operations have historically been influenced by the Holding family, which has traditionally held executive and director positions, as well as controlling a large percentage of its outstanding stock. FCB provides a wide range of retail and commercial banking services, including traditional lending and deposit-taking, as well as trust and wealth management. FCB's main source of revenue is net interest income.
ESG Risk Rating
Industry Group (1st = lowest risk)
Banks 544 out of 975
Global Universe 8639 out of 14448
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|Company||ESG Risk Rating||Industry Rank|
|Erste Group Bank AG||
|105 out of 975|
|First Horizon Corp. (Tennessee)||
|339 out of 975|
|Bank of Hangzhou Co., Ltd.||
|406 out of 975|
|First Citizens BancShares, Inc. (North Carolina)||
|544 out of 975|
|Bank of Beijing Co., Ltd.||
|600 out of 975|
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
First Citizens BancShares, Inc. (North Carolina)'s Exposure is Medium
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
First Citizens BancShares, Inc. (North Carolina)'s Management of ESG Material Risk is Weak
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Top Material ESG Issues for First Citizens BancShares, Inc. (North Carolina)
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Highest Controversy level that has impacted First Citizens BancShares, Inc. (North Carolina)'s ESG Risk Rating in the last three years
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