First Citizens deposits beat estimates in wake of SVB deal

The bank said deposits were $140.05 billion for the first three months of the year, beating analyst estimates of $119 billion. It also said net income included a $9.82 billion preliminary gain on the acquisition and the new SVB unit added $65 million of net interest income to its $850 million of NII for the quarter.

from International-News-Economic Times https://ift.tt/GCgXE4n
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