updated 4/25/2011 5:17:19 PM ET 2011-04-25T21:17:19

RALEIGH, N.C., April 25, 2011 (GLOBE NEWSWIRE) -- The Board of Directors of First Citizens BancShares Inc. (Nasdaq:FCNCA) today declared a quarterly dividend of 30 cents per share on the Class A and Class B common stock. The dividend is payable July 5, 2011, to shareholders of record June 20, 2011.

First Citizens' stock is traded over-the-counter, and Class A is quoted on the Nasdaq National Market System under the symbol FCNCA.

CONTACT: Barbara Thompson
         First Citizens BancShares
         (919) 716-2716

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