Expansion and Growth First Citizens Bank is actively expanding its physical presence, as evidenced by recent office expansions in California and the acquisition of BMO branches, presenting opportunities for vendor financing and equipment leasing services in new markets.

Strategic Partnerships The company's partnerships with equipment manufacturers like Dynapac and long-standing collaborations with Finastra suggest an openness to integrated financial solutions and vendor financing programs, ideal for targeting clients in construction and technology sectors.

Leadership and Talent Recent hiring of experienced executives from DLL indicates a focus on strengthening the equipment finance segment, which could signal opportunities to offer tailored financing packages or professional services to enhance their sales and operational efficiency.

Focus on Sustainable Assets Investments in solar assets totaling $238 million highlight First Citizens' interest in renewable energy projects, presenting potential for financing sustainable infrastructure and green energy equipment opportunities.

Technology Integration Utilization of advanced tech stacks such as Salesforce Financial Services Cloud and analytics tools demonstrates a focus on digital transformation; this opens prospects for offering complementary fintech solutions or cloud-based financial services to improve operational workflows.