Brokers Set Expectations for FCNCA Q2 Earnings

First Citizens BancShares, Inc. (NASDAQ:FCNCA - Free Report) - Equities researchers at DA Davidson issued their Q2 2025 earnings estimates for First Citizens BancShares in a research note issued to investors on Friday, May 30th. DA Davidson analyst M. Navas expects 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 quarterly earnings results on Thursday, April 24th. The bank reported $37.79 EPS for the quarter, beating analysts' consensus estimates of $37.72 by $0.07. The business had revenue of $2.30 billion for the quarter, compared to analysts' expectations of $2.22 billion. First Citizens BancShares had a net margin of 18.55% and a return on equity of 13.22%.

A number of other brokerages also recently issued reports on FCNCA. Jefferies Financial Group assumed coverage on First Citizens BancShares in a report on Wednesday, May 21st. They set a "hold" rating and a $2,050.00 price target on the stock. Cowen initiated coverage on First Citizens BancShares in a research note on Wednesday, May 14th. They issued a "buy" rating for the company. Barclays cut their price target on shares of 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. Piper Sandler upgraded shares of First Citizens BancShares from a "neutral" rating to an "overweight" rating and set a $2,250.00 price objective for the company in a report on Tuesday, March 11th. Finally, TD Cowen began coverage on shares of First Citizens BancShares in a research report on Thursday, May 15th. They issued a "buy" rating and a $2,400.00 target price for the company. One analyst has rated the stock with a sell rating, five have given a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $2,340.33.

First Citizens BancShares Trading Down 2.7%

Shares of FCNCA stock traded down $49.38 during mid-day trading on Monday, reaching $1,799.50. The stock had a trading volume of 85,241 shares, compared to its average volume of 88,064. The firm has a market capitalization of $23.91 billion, a PE ratio of 9.50, a price-to-earnings-growth ratio of 0.94 and a beta of 0.64. The stock's 50-day moving average price is $1,789.34 and its two-hundred day moving average price is $1,991.92. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.68. First Citizens BancShares has a 52-week low of $1,473.62 and a 52-week high of $2,412.93.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Norges Bank bought a new position in First Citizens BancShares in the 4th quarter worth $298,426,000. GAMMA Investing LLC raised its stake in First Citizens BancShares by 169,861.1% during the 1st quarter. GAMMA Investing LLC now owns 122,372 shares of the bank's stock valued at $226,892,000 after purchasing an additional 122,300 shares during the period. JPMorgan Chase & Co. raised its stake in First Citizens BancShares by 35.7% during the 4th quarter. JPMorgan Chase & Co. now owns 392,097 shares of the bank's stock valued at $828,510,000 after purchasing an additional 103,137 shares during the period. Nuveen LLC bought a new stake in First Citizens BancShares during the 1st quarter valued at approximately $149,963,000. Finally, Capital International Investors raised its stake in First Citizens BancShares by 78.2% during the 4th quarter. Capital International Investors now owns 172,723 shares of the bank's stock valued at $364,967,000 after purchasing an additional 75,785 shares during the period. 78.01% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other First Citizens BancShares news, CFO Craig L. Nix acquired 17 shares of the company's stock in a transaction that occurred on Friday, March 7th. The shares were bought at an average cost of $1,881.13 per share, with a total value of $31,979.21. Following the completion of the transaction, 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 position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Frank B. Holding, Jr. acquired 350 shares of the company's stock in a transaction that occurred on Friday, May 2nd. The shares were acquired at an average cost of $1,610.00 per share, for a total transaction of $563,500.00. Following the completion of the transaction, the chief executive officer now directly owns 2,758 shares of the company's stock, valued at $4,440,380. The trade was a 14.53% increase in their ownership of the stock. The disclosure for this purchase can be found here. 13.40% of the stock is owned by corporate insiders.

First Citizens BancShares Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Friday, May 30th will be issued 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 4.47%.

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.