Q2 Earnings Estimate for FCNCA Issued By DA Davidson

First Citizens BancShares, Inc. (NASDAQ:FCNCA - Free Report) - Equities researchers at DA Davidson issued their Q2 2025 EPS estimates for shares of First Citizens BancShares in a research report issued to clients and investors on Friday, May 30th. DA Davidson analyst M. Navas anticipates that the bank will earn $38.67 per share for the quarter. The consensus estimate for First Citizens BancShares' current full-year earnings is $167.59 per share. DA Davidson also issued estimates for First Citizens BancShares' FY2026 earnings at $188.00 EPS.

First Citizens BancShares (NASDAQ:FCNCA - Get Free Report) last issued its earnings results on Thursday, April 24th. The bank reported $37.79 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $37.72 by $0.07. First Citizens BancShares had a return on equity of 13.22% and a net margin of 18.55%. The business had revenue of $2.30 billion during the quarter, compared to analysts' expectations of $2.22 billion.

A number of other research analysts also recently commented on FCNCA. Wall Street Zen downgraded shares of First Citizens BancShares from a "hold" rating to a "sell" rating in a research note on Monday, April 28th. Piper Sandler raised shares of First Citizens BancShares from a "neutral" rating to an "overweight" rating and set a $2,250.00 price target on the stock in a research report on Tuesday, March 11th. The Goldman Sachs Group reduced their price target on shares of First Citizens BancShares from $2,535.00 to $2,200.00 and set a "buy" rating on the stock in a research report on Tuesday, March 18th. TD Cowen started coverage on shares of First Citizens BancShares in a research report on Thursday, May 15th. They set a "buy" rating and a $2,400.00 price target on the stock. Finally, Barclays reduced their target price on First Citizens BancShares from $2,568.00 to $2,400.00 and set an "equal weight" rating on the stock in a report on Friday, April 25th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $2,340.33.

First Citizens BancShares Stock Down 0.8%

NASDAQ:FCNCA traded down $14.40 on Monday, reaching $1,814.09. The stock had a trading volume of 53,348 shares, compared to its average volume of 88,003. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.68. The company has a 50-day moving average of $1,786.10 and a 200 day moving average of $1,984.38. The stock has a market cap of $24.11 billion, a P/E ratio of 9.58, a price-to-earnings-growth ratio of 0.94 and a beta of 0.64. First Citizens BancShares has a 12-month low of $1,473.62 and a 12-month high of $2,412.93.

First Citizens BancShares Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Friday, May 30th will be given a $1.95 dividend. The ex-dividend date is Friday, May 30th. This represents a $7.80 dividend on an annualized basis and a yield of 0.43%. First Citizens BancShares's dividend payout ratio (DPR) is presently 4.47%.

Insider Buying and Selling at First Citizens BancShares

In other news, CFO Craig L. Nix purchased 17 shares of the firm's stock in a transaction dated Friday, March 7th. The stock was bought at an average price of $1,881.13 per share, with a total value of $31,979.21. Following the acquisition, the chief financial officer now directly owns 1,141 shares of the company's stock, valued at approximately $2,146,369.33. This represents a 1.51% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Frank B. Holding, Jr. bought 350 shares of the firm's stock in a transaction on Friday, May 2nd. The stock was acquired at an average cost of $1,610.00 per share, with a total value of $563,500.00. Following the completion of the purchase, the chief executive officer now owns 2,758 shares of the company's stock, valued at approximately $4,440,380. This trade represents a 14.53% increase in their position. The disclosure for this purchase can be found here. Company insiders own 13.40% of the company's stock.

Hedge Funds Weigh In On First Citizens BancShares

A number of large investors have recently bought and sold shares of FCNCA. Strs Ohio acquired a new stake in First Citizens BancShares in the first quarter valued at $1,074,000. Focus Partners Wealth lifted its stake in First Citizens BancShares by 5.2% in the 1st quarter. Focus Partners Wealth now owns 241 shares of the bank's stock valued at $447,000 after purchasing an additional 12 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in First Citizens BancShares by 13.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 121,583 shares of the bank's stock valued at $225,429,000 after purchasing an additional 14,060 shares during the last quarter. Empowered Funds LLC lifted its position in shares of First Citizens BancShares by 71.9% in the first quarter. Empowered Funds LLC now owns 392 shares of the bank's stock valued at $727,000 after buying an additional 164 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in shares of First Citizens BancShares by 1.9% in the first quarter. Goldman Sachs Group Inc. now owns 37,389 shares of the bank's stock valued at $69,324,000 after buying an additional 681 shares during the last quarter. Institutional investors and hedge funds own 78.01% of the company's stock.

First Citizens BancShares Company Profile

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.