First Citizens BancShares, Inc. (FCNCA)
| Market Cap | 29.80B |
| Revenue (ttm) | 9.36B |
| Net Income (ttm) | 2.53B |
| Shares Out | 13.99M |
| EPS (ttm) | 174.55 |
| PE Ratio | 12.21 |
| Forward PE | 13.58 |
| Dividend | $7.80 (0.37%) |
| Ex-Dividend Date | Nov 29, 2024 |
| Volume | 134,231 |
| Open | 2,033.65 |
| Previous Close | 2,070.94 |
| Day's Range | 2,033.65 - 2,131.00 |
| 52-Week Range | 1,363.97 - 2,388.78 |
| Beta | 0.84 |
| Analysts | Buy |
| Price Target | 2,252.90 (+5.75%) |
| Earnings Date | Jan 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. The company’s deposit products include checking, savings, money market, and time deposit accounts. Its loan product portfolio comprises commercial construction and mortgage; and commercial and industrial leases, as well as small business administration loans. In addition, the company offers consumer loans, such as residential and revolving mort... [Read more]
Financial Performance
In 2023, First Citizens BancShares's revenue was $7.60 billion, an increase of 90.15% compared to the previous year's $4.00 billion. Earnings were $11.41 billion, an increase of 988.45%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for FCNCA stock is "Buy." The 12-month stock price forecast is $2,252.9, which is an increase of 5.75% from the latest price.
News
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...
First Citizens BancShares: One Of The Banks To Own In A Potential Trump Presidency
The financial sector is expected to benefit significantly from the loosening of bank regulation under Trump. First Citizens BancShares is an asset-sensitive bank and thrives in a high interest environ...
Most Affluent Business Owners Lack Confidence in Valuing Their Business, Planning Exit Strategy
RALEIGH, N.C. , Oct. 28, 2024 /PRNewswire/ -- First Citizens Wealth, the wealth management division of First Citizens Bank, today published new results from its "Beyond Wealth" study that offer fresh ...
First Citizens BancShares, Inc. (FCNCA) Q3 2024 Earnings Call Transcript
First Citizens BancShares, Inc. (NASDAQ:FCNCA) Q3 2024 Earnings Call Transcript October 24, 2024 9:00 AM ET Company Participants Deanna Hart - Head of Investor Relations Frank Holding - Chairman and ...
First Citizens BancShares Reports Third Quarter 2024 Earnings
RALEIGH, N.C. , Oct. 24, 2024 /PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (Nasdaq: FCNCA) reported earnings for the third quarter of 2024.
First Citizens BancShares Declares Dividends
RALEIGH, N.C., Oct. 24, 2024 /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,...
Fintech Sector Investment Remains Muted While Opportunity Persists in 2024; Silicon Valley Bank Releases Fourth Edition of Future of Fintech Report
2024 report highlights Fintech founders diligently improving bottom line in 2024 despite investments dropping 91% since peak in 2021 SAN FRANCISCO , Oct. 23, 2024 /PRNewswire/ -- While fintech compani...
First Citizens Bank Names Chief Marketing Officer
Michelle Draper, former Silicon Valley Bank CMO and 30-year financial industry veteran, to lead marketing and client experience RALEIGH, N.C. , Oct. 17, 2024 /PRNewswire/ -- First Citizens Bank today...
Healthtech Sector Investment Shows Resilience and Early Recovery in 2024; Silicon Valley Bank Releases Fifth Edition of Future of Healthtech Report
Healthtech Investments Surpass Pre-Pandemic Levels, Stabilizing Between $3.5B and $4.5B Per Quarter in 2024 SAN FRANCISCO , Oct. 16, 2024 /PRNewswire/ -- The healthtech sector is experiencing a recali...
Dividend Increases: 5 Potential Payout Hikes For Q4 2024
Let's talk about companies that are serious about dividend hikes. I'm talking about recent payout raises of 25%, 67% and even 120%.
First Citizens BancShares, Inc. Announces Date of 2024 Third Quarter Earnings Call
RALEIGH, N.C. , Oct. 2, 2024 /PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (NASDAQ: FCNCA) today announced that it will report its financial results for the quarter ended September 30...
EXCLUSIVE: Alphabet, AerCap, First Citizens: Asset Manager's Trio Of Post-Earnings Bets
With earnings season winding down, Chris Ballard, managing director at Check Capital Management, shared his exclusive insights on the companies that have caught his attention for their stellar perform...
Moody's lifts outlook on four big regional banks to stable from negative
The debt outlook for Fifth Third Bancorp, First Citizens Bancshares Inc., Regions Financial Corp. and Huntington Bancshares Inc. has been raised to stable from negative by Moody's on healthier balance...
First Citizens Bank Customers Can Now Receive Instant Deposits
RALEIGH, N.C. , Sept. 10, 2024 /PRNewswire/ -- First Citizens Bank today announced that its business and consumer banking customers can now instantly receive secure payments in their savings and check...
First Citizens Bank Serves as Co-Lead Arranger on $300 Million Credit Facility for Swift Current Energy
NEW YORK , Sept. 9, 2024 /PRNewswire/ -- First Citizens Bank today announced that its Energy Finance business served as co-lead arranger on a $300 million senior secured credit facility for Swift Curr...
First Citizens Bank Arranges $115 Million in Financing for Illinois Skilled Nursing Facilities
NEW YORK , Sept. 5, 2024 /PRNewswire/ -- First Citizens Bank today announced that its Healthcare Finance business served as lead arranger of $115 million in financing for the acquisition of eight skil...
Deutsche Bank and First Citizens Bank Close $315.7 Million Financing for Four Texas Battery Energy Storage Projects
NEW YORK--(BUSINESS WIRE)--Deutsche Bank and First Citizens Bank announced today they served as co-lead arrangers on a $315.7 million financing for four battery energy storage systems in Texas. Deutsc...