How have FCNCA shares performed this year?

First Citizens BancShares' stock was trading at $1,418.97 at the beginning of the year. Since then, FCNCA stock has increased by 36.7% and is now trading at $1,939.90. View the best growth stocks for 2024 here .

How were First Citizens BancShares' earnings last quarter?

First Citizens BancShares, Inc. (NASDAQ:FCNCA) announced its quarterly earnings results on Thursday, July, 25th. The bank reported $50.87 EPS for the quarter, topping analysts' consensus estimates of $44.91 by $5.96. The bank earned $3.77 billion during the quarter, compared to analyst estimates of $2.30 billion. First Citizens BancShares had a net margin of 18.19% and a trailing twelve-month return on equity of 14.84%.

Is First Citizens BancShares doing a stock buyback?

First Citizens BancShares' board authorized a stock repurchase program on Thursday, July 25th 2024, which authorizes the company to repurchase $3,500,000,000 in shares, according to EventVestor. This means that the company could purchase up to 12.3% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

Who are First Citizens BancShares' major shareholders?

Top institutional shareholders of First Citizens BancShares include Handelsbanken Fonder AB (0.02%), Anderson Hoagland & Co. (0.01%), Diversified Trust Co (0.01%) and Park Avenue Securities LLC. Insiders that own company stock include Olivia Britton Holding, Frank B Holding Jr , Jeffery L Ward , Harold Lee Durham Jr , Hope Holding Bryant , Craig L Nix , Marisa Harney , Robert T Newcomb , Daniel L Heavner , Ellen R Alemany , Robert R Hoppe , Eugene Flood Jr and West Ludwig . View institutional ownership trends .

How do I buy shares of First Citizens BancShares?

Shares of FCNCA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:FCNCA

First Citizens BancShares (FCNCA) Stock Price, News & Analysis

$1,939.90

-5.58 (-0.29%)

(As of 10/8/2024 ET)

Compare

About First Citizens BancShares Stock (NASDAQ:FCNCA)

Advanced Chart

Get FCNCA alerts:

Key Stats

Today's Range: $1,936.95
▼
$1,966.77
50-Day Range: $1,818.78
▼
$2,087.69
52-Week Range: $1,290.60
▼
$2,174.80
Volume: 62,620 shs
Average Volume: 86,599 shs
Market Capitalization: $28.19 billion
P/E Ratio: 10.77
Dividend Yield: 0.34%
Price Target: $2,012.11
Consensus Rating: Moderate Buy

Company Overview

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 mortgage, consumer auto, and other consumer loans. Further, it provides wealth management services, including annuities, brokerage services, and third-party mutual funds, as well as investment management and advisory services. The company provides its products and services through its branch network. First Citizens BancShares, Inc. was founded in 1898 and is headquartered in Raleigh, North Carolina.

First Citizens BancShares Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

84th Percentile Overall Score

FCNCA MarketRank™:

First Citizens BancShares scored higher than 84% of companies evaluated by MarketBeat, and ranked 196th out of 932 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Consensus Rating
First Citizens BancShares has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 5 buy ratings, 4 hold ratings, and no sell ratings.
Amount of Analyst Coverage
First Citizens BancShares has only been the subject of 4 research reports in the past 90 days.
Read more about First Citizens BancShares' stock forecast and price target.

Earnings Growth
Earnings for First Citizens BancShares are expected to grow by 0.26% in the coming year, from $200.92 to $201.45 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of First Citizens BancShares is 10.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.65.
Price to Earnings Ratio vs. Sector
The P/E ratio of First Citizens BancShares is 10.77, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 43.69.
Price to Book Value per Share Ratio
First Citizens BancShares has a P/B Ratio of 1.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
Read more about First Citizens BancShares' valuation and earnings.

Percentage of Shares Shorted
1.53% of the outstanding shares of First Citizens BancShares have been sold short.
Short Interest Ratio / Days to Cover
First Citizens BancShares has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in First Citizens BancShares has recently decreased by 3.56%, indicating that investor sentiment is improving.

Dividend Yield
First Citizens BancShares has a dividend yield of 0.35%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
First Citizens BancShares has been increasing its dividend for 7 years.
Dividend Coverage
The dividend payout ratio of First Citizens BancShares is 3.64%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, First Citizens BancShares will have a dividend payout ratio of 3.26% next year. This indicates that First Citizens BancShares will be able to sustain or increase its dividend.
Read more about First Citizens BancShares' dividend.

Percentage of Shares Shorted
1.53% of the outstanding shares of First Citizens BancShares have been sold short.
Short Interest Ratio / Days to Cover
First Citizens BancShares has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in First Citizens BancShares has recently decreased by 3.56%, indicating that investor sentiment is improving.

News Sentiment
First Citizens BancShares has a news sentiment score of 0.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
News Coverage This Week
MarketBeat has tracked 14 news articles for First Citizens BancShares this week, compared to 6 articles on an average week.
Search Interest
Only 5 people have searched for FCNCA on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
MarketBeat Follows
8 people have added First Citizens BancShares to their MarketBeat watchlist in the last 30 days. This is an increase of 60% compared to the previous 30 days.

Insider Buying vs. Insider Selling
In the past three months, First Citizens BancShares insiders have not sold or bought any company stock.
Percentage Held by Insiders
13.40% of the stock of First Citizens BancShares is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
61.18% of the stock of First Citizens BancShares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Read more about First Citizens BancShares' insider trading history.

Receive FCNCA Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for First Citizens BancShares and its competitors with MarketBeat's FREE daily newsletter.

FCNCA Stock News Headlines

5 Dividend Growth Stocks to Watch in Q4 (Including 2 Dividend Doublers)

Let’s talk about companies that are serious about dividend hikes. I’m talking about recent payout raises of 25%, 67% and even 120%. Know what happens

October 8 at 10:11 PM | marketbeat.com

First Citizens BancShares (NASDAQ:FCNCA) Downgraded to "Sell" at StockNews.com

October 8 at 5:07 AM | americanbankingnews.com

[SHOCKING] Crypto Document Leak…

The crypto market waits for no one. And my team of experts and I believe that a BIG move is right around the corner. That's why we're offering you instant access to the game-changing book that's transforming average investors into massive crypto successes.

October 8, 2024 | Crypto 101 Media (Ad)

First Citizens BancShares, Inc. (NASDAQ:FCNCA) Receives Consensus Recommendation of "Moderate Buy" from Analysts

October 8 at 2:43 AM | americanbankingnews.com

First Citizens BancShares, Inc. (NASDAQ:FCNCA) Forecasted to Post FY2024 Earnings of $192.50 Per Share

October 8 at 2:05 AM | americanbankingnews.com

First Citizens BancShares, Inc. Announces Date of 2024 Third Quarter Earnings Call

October 2, 2024 | prnewswire.com

7 Best Revenue Growth Stocks to Buy According to Analysts

September 29, 2024 | insidermonkey.com

First Citizens BancShares, Inc. Expected to Earn Q1 2026 Earnings of $49.57 Per Share (NASDAQ:FCNCA)

September 28, 2024 | americanbankingnews.com

See More Headlines

FCNCA Stock Analysis - Frequently Asked Questions

: First Citizens BancShares' stock was trading at $1,418.97 at the beginning of the year. Since then, FCNCA stock has increased by 36.7% and is now trading at $1,939.90.
View the best growth stocks for 2024 here.
: First Citizens BancShares, Inc. (NASDAQ:FCNCA) announced its quarterly earnings results on Thursday, July, 25th. The bank reported $50.87 EPS for the quarter, topping analysts' consensus estimates of $44.91 by $5.96. The bank earned $3.77 billion during the quarter, compared to analyst estimates of $2.30 billion. First Citizens BancShares had a net margin of 18.19% and a trailing twelve-month return on equity of 14.84%.
: First Citizens BancShares' board authorized a stock repurchase program on Thursday, July 25th 2024, which authorizes the company to repurchase $3,500,000,000 in shares, according to EventVestor. This means that the company could purchase up to 12.3% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its shares are undervalued.
: Top institutional shareholders of First Citizens BancShares include Handelsbanken Fonder AB (0.02%), Anderson Hoagland & Co. (0.01%), Diversified Trust Co (0.01%) and Park Avenue Securities LLC. Insiders that own company stock include Olivia Britton Holding, Frank B Holding Jr, Jeffery L Ward, Harold Lee Durham Jr, Hope Holding Bryant, Craig L Nix, Marisa Harney, Robert T Newcomb, Daniel L Heavner, Ellen R Alemany, Robert R Hoppe, Eugene Flood Jr and West Ludwig.
View institutional ownership trends.
: Shares of FCNCA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.