Free Trial
NASDAQ:FCNCA

First Citizens BancShares Q3 2024 Earnings Results & Report

First Citizens BancShares logo
$2,123.74 +26.54 (+1.27%)
Closing price 04:00 PM Eastern
Extended Trading
$2,121.50 -2.23 (-0.11%)
As of 07:54 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

First Citizens BancShares missed analyst earnings expectations but beat on revenue in its Q3 2024 results, released October 24, 2024. The company reported EPS of $45.87 versus the $47.40 consensus estimate, while revenue of $2.45 billion topped the $2.36 billion estimate by $89.27 million.

Earnings Announcement Details

Quarter
Q3 2024
Report Date
Time
Before Market Opens

First Citizens BancShares EPS Results

Actual EPS
$45.87
Consensus EPS
$47.40
Beat/Miss
Missed by -$1.53
One Year Ago EPS
$55.92
EPS Beat Rate
7 of last 8 quarters

First Citizens BancShares Revenue Results

Actual Revenue
$2.45 billion
Expected Revenue
$2.36 billion
Beat/Miss
Beat by +$89.27 million
YoY Revenue Growth
N/A

Upcoming Earnings

First Citizens BancShares' next earnings date is estimated for Friday, October 23, 2026, based on past reporting schedules.

Conference Call Resources

First Citizens BancShares Q3 2024 Earnings FAQ

First Citizens BancShares (NASDAQ:FCNCA) reported earnings of $45.87 per share for Q3 2024, missing the consensus estimate of $47.40. The report was announced on Thursday, October 24, 2024.

First Citizens BancShares reported revenue of $2.45 billion for Q3 2024, against a consensus estimate of $2.36 billion.

First Citizens BancShares' next earnings date is estimated for Friday, October 23, 2026. MarketBeat tracks confirmed and estimated earnings dates for First Citizens BancShares on the company's earnings history page.

First Citizens BancShares Earnings Headlines

First Citizens BancShares (FCNCA) Expected to Release Earnings on Friday
Why Some AI Stocks Already Surged Over 300 Percent
Jason Bodner's system flagged Nvidia before a 7000 percent run, Super Micro Computer before a 2600 percent run, and Vertiv before a 1900 percent run. Now he's tracking a radical light-speed technology that could make AI 100 times faster and 100 times more energy efficient. Stocks tied to it have already climbed 133 percent, 217 percent, and 320 percent.tc pixel
See More First Citizens BancShares Headlines
Get Earnings Announcements in your inbox

Want to stay updated on the latest earnings announcements and upcoming reports for companies like First Citizens BancShares? Sign up for Earnings360's daily newsletter to receive timely earnings updates on First Citizens BancShares and other key companies, straight to your email.

About First Citizens BancShares

First Citizens BancShares (NASDAQ:FCNCA) is a financial holding company headquartered in Raleigh, North Carolina. Through its principal subsidiary, First-Citizens Bank & Trust Company, the company provides banking and financial services to individuals, businesses, nonprofit organizations and government entities.

Its offerings include consumer and commercial deposit accounts, residential and commercial real estate lending, business loans, treasury management, wealth management and investment services. The company also provides specialized banking services for areas such as technology and life sciences, healthcare, private equity and venture capital, as well as equipment financing and leasing through its CIT-related operations.

First Citizens traces its history to 1898 and has expanded through organic growth and acquisitions. In 2022, it completed its acquisition of CIT Group, broadening its commercial banking and specialty finance capabilities. In 2023, First Citizens acquired the deposits, loans and certain other assets of Silicon Valley Bridge Bank, substantially expanding its services for innovation-focused companies and their investors.

First Citizens serves customers across the United States through a network of branches, offices and digital banking channels. Frank B. Holding Jr. serves as chairman and chief executive officer of First Citizens BancShares and its banking subsidiary.

View First Citizens BancShares Profile