First Citizens BancShares, Inc. (FCNCA)
| Market Cap | 25.69B |
| Revenue (ttm) | 9.33B |
| Net Income (ttm) | 2.72B |
| Shares Out | 13.58M |
| EPS (ttm) | 189.38 |
| PE Ratio | 9.99 |
| Forward PE | 11.22 |
| Dividend | $7.80 (0.41%) |
| Ex-Dividend Date | Feb 28, 2025 |
| Volume | 96,306 |
| Open | 1,868.00 |
| Previous Close | 1,883.23 |
| Day's Range | 1,879.44 - 1,918.00 |
| 52-Week Range | 1,518.00 - 2,412.93 |
| Beta | 0.81 |
| Analysts | Buy |
| Price Target | 2,355.20 (+24.4%) |
| Earnings Date | Apr 24, 2025 |
About FCNCA
First Citizens BancShares, Inc. operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals in the United States and internationally. It operates through General Bank, Commercial Bank, Silicon Valley Bank (SVB) Commercial, and Rail segments. The company’s deposit products include checking, savings, money market, and time deposit accounts. Its loan product portfolio comprises commercial construction, commercial and industrial, and small... [Read more]
Financial Performance
In 2024, First Citizens BancShares's revenue was $9.33 billion, an increase of 22.69% compared to the previous year's $7.60 billion. Earnings were $2.72 billion, a decrease of -76.19%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for FCNCA stock is "Buy." The 12-month stock price forecast is $2,355.2, which is an increase of 24.40% from the latest price.
News
5 Oversold Stocks To Consider As Market Enters Correction
The S&P 500 had another bloody day on Thursday, once again dropping more than 1% and officially entering correction territory. A correction is typically defined as a 10% drop from all-time highs and w...
Peregrine Energy Solutions Announces the Closing of a $53 Million Preferred Equity Commitment with Bildmore Clean Energy and $115 Million Debt Facilities with First Citizens Bank and Nomura Securities International, Inc.
BOULDER, Colo. , March 17, 2025 /PRNewswire/ -- Peregrine Energy Solutions LLC ("Peregrine"), an integrated multi-technology clean energy platform with a focus on utility-scale storage, announced toda...
Growing Economic Fears Hitting First Citizens Bancshares Hard
First Citizens Bancshares (FCNCA) faces challenges due to its commercial focus and rate sensitivity, with weaker loan demand and lower rates both threatening 2025/26 expectations. First Citizens has s...
Silicon Valley Bank and Pinegrove Venture Partners Announce Lending Relationship
Relationship will extend availability of venture debt to technology and life science companies nationwide SAN FRANCISCO , March 12, 2025 /PRNewswire/ -- Silicon Valley Bank (SVB), a division of First ...
First Citizens Bank and Sixth Street Partner on Equipment Financing
First Citizens Bank and global investment firm Sixth Street have launched a new platform designed to provide flexible capital equipment financing solutions to middle market companies. Dubbed Sixty-Fir...
First Citizens Bank and Sixth Street Announce Launch of Sixty-First Commercial Finance to Provide Flexible Capital Equipment Financing Solutions to Middle Market Companies
NEW YORK , Feb. 5, 2025 /PRNewswire/ -- First Citizens Bank and Sixth Street, a leading global investment firm, today announced the launch of Sixty-First Commercial Finance, a new platform managed by ...
XS Financial Closes Upsized $100 Million Needham Bank-Led Credit Facility with Participation from First Citizens Bank
LOS ANGELES, CA / ACCESS Newswire / February 3, 2025 / XS Financial Inc. ("XS Financial" "XS" or the "Company"), an established equipment finance company serving middle-market storied credits, today a...
First Citizens BancShares, Inc. (FCNCA) Q4 2024 Earnings Call Transcript
First Citizens BancShares, Inc. (NASDAQ:FCNCA) Q4 2024 Earnings Conference Call January 24, 2025 9:00 AM ET Company Participants Deanna Hart - Head of IR Frank Holding - Chairman and CEO Craig Nix - ...
First Citizens BancShares Reports Fourth Quarter 2024 Earnings
RALEIGH, N.C. , Jan. 24, 2025 /PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (Nasdaq: FCNCA) reported earnings for the fourth quarter of 2024.
First Citizens BancShares Declares Dividends
RALEIGH, N.C., Jan. 24, 2025 /PRNewswire/ -- The Board of Directors of First Citizens BancShares, Inc. (Nasdaq: FCNCA) has declared the following dividends on the company's common and preferred stock,...
First Citizens Bank Commits $2 Million to Support Relief Efforts for Southern California Wildfires
RALEIGH, N.C. , Jan. 23, 2025 /PRNewswire/ -- First Citizens Bank announced today that it has committed $2 million in donations and financial support to aid in critical humanitarian and small business...
Silicon Valley Bank Releases 24th Annual State of the US Wine Industry Report
Wine industry reset is here, fueled by a generational shift to younger consumers redefining consumption patterns NAPA, Calif. , Jan. 23, 2025 /PRNewswire/ -- Silicon Valley Bank (SVB), a division of F...
NineDot Energy Announces $65 Million Equipment Financing
NEW YORK--(BUSINESS WIRE)-- #batterystorage--NineDot Energy®, the leading developer of community-scale battery energy storage systems (BESS) in the New York City metro area, today announced the closin...
Linea Energy Closes Project Debt Financing for Pineview Solar in Georgia
SAN FRANCISCO , Jan. 8, 2025 /PRNewswire/ -- Linea Energy ("Linea"), a renewables-focused developer and independent power producer that is sponsored by EnCap Investments L.P. ("EnCap"), is pleased to ...
Venture Capital Fundraising in Healthcare Remains Healthy; Silicon Valley Bank Releases 15th Edition of Healthcare Investments and Exits Report
New report finds $5.6 billion invested in biopharma AI in 2024 SAN FRANCISCO , Jan. 8, 2025 /PRNewswire/ -- Venture Capital (VC) investment in healthcare grew to $23 billion in 2024, from $20 billion ...
First Citizens BancShares, Inc. Announces Date of 2024 Fourth Quarter Earnings Call
RALEIGH, N.C. , Jan. 2, 2025 /PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (NASDAQ: FCNCA) today announced that it will report its financial results for the quarter ended December 31,...
How To Invest $1,000 In Regional Banks For 2025: Top Wall Street Analyst Reveals His Top Picks
Regional bank stocks have been on a tear since the 2024 U.S. election, with the SPDR S&P Regional Banking ETF KRE climbing about 10% versus the broader S&P 500's 5% gain.
Snow Appointed to First Citizens BancShares Board of Directors
RALEIGH, N.C., Dec. 16, 2024 /PRNewswire/ -- Matt Snow has been appointed to the board of directors of First Citizens BancShares, Inc. ("BancShares") and its subsidiary, First-Citizens Bank & Trust Co...
Legion Technologies Secures $50M from Silicon Valley Bank to Fuel Continued Innovation in AI-Powered Workforce Management
SANTA CLARA, Calif.--(BUSINESS WIRE)--Legion Technologies, an innovator in workforce management (WFM), today announced it has received $50 million in financing from Silicon Valley Bank (SVB), a divisi...
First Citizens Bancshares Among 'Biggest Potential Winners' Of US Elections, Says Bullish Analyst
First Citizens Bancshares Inc FCNCA shares have climbed more than 50% year to date.
Pivot Energy Secures Over $450 Million in Major Financing of Distributed Generation Portfolios from First Citizens, ATLAS SP, and HASI
The debt warehouse facility and structured equity investment will support construction of 300 Megawatts of U.S. community solar projects and is Pivot's largest financing agreement to date DENVER , Nov...
Squire Secures $35 Million in Debt Financing from Silicon Valley Bank
Financing provided by SVB's Enterprise Software Group NEW YORK , Nov. 19, 2024 /PRNewswire/ -- Silicon Valley Bank (SVB) , a division of First Citizens Bank, today announced it has provided $35 milli...
2 Stocks to Buy as Election Reality Kicks In
As we enter one of the most tumultuous weeks of 2024, the familiar drumbeat of election-year predictions has reached a fever pitch.
Bugcrowd Secures $50 Million Growth Capital Facility from Silicon Valley Bank
Financing provided by SVB's Enterprise Software Group SAN FRANCISCO , Oct. 31, 2024 /PRNewswire/ -- Silicon Valley Bank (SVB) , a division of First Citizens Bank, today announced it has provided a $50...
First Citizens Bank Offering Tax Equity Investments in Renewable Energy Projects
NEW YORK , Oct. 29, 2024 /PRNewswire/ -- First Citizens Bank today announced that its Energy Finance business is introducing a new tax equity investment product to help finance renewable energy projec...