First Citizens BancShares Stock Price, News & Analysis (NASDAQ:FCNCA) $1,467.89 +25.52 (+1.77%) (As of 11/30/2023 ET) Add Compare Share Share Today's Range$1,435.76▼$1,471.3150-Day Range$1,290.13▼$1,478.3352-Week Range$505.84▼$1,512.07Volume74,964 shsAverage Volume121,692 shsMarket Capitalization$21.31 billionP/E Ratio1.91Dividend Yield0.20%Price Target$1,625.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaSustainability First Citizens BancShares MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.57 Rating ScoreUpside/Downside10.7% Upside$1,625.00 Price TargetShort InterestHealthy2.15% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.49Upright™ Environmental ScoreNews Sentiment0.67Based on 13 Articles This WeekInsider TradingSelling Shares$2.91 M Sold Last QuarterProj. Earnings Growth11.03%From $171.13 to $190.01 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.75 out of 5 starsFinance Sector110th out of 856 stocksState Commercial Banks Industry25th out of 182 stocks 2.3 Analyst's Opinion Consensus RatingFirst Citizens BancShares has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $1,625.00, First Citizens BancShares has a forecasted upside of 10.7% from its current price of $1,467.89.Amount of Analyst CoverageFirst Citizens BancShares has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.15% of the outstanding shares of First Citizens BancShares have been sold short.Short Interest Ratio / Days to CoverFirst Citizens BancShares has a short interest ratio ("days to cover") of 5.Change versus previous monthShort interest in First Citizens BancShares has recently decreased by 4.29%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldFirst Citizens BancShares has a dividend yield of 0.21%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthFirst Citizens BancShares has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of First Citizens BancShares is 0.39%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, First Citizens BancShares will have a dividend payout ratio of 1.58% next year. This indicates that First Citizens BancShares will be able to sustain or increase its dividend. Previous Next 3.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreFirst Citizens BancShares has received a 47.25% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Cash withdrawal services", "Wire transfer services", "Home equity loans", "Mortgages provided by brick and mortar banks", "Debit cards", and "Consumer savings accounts provided by brick and mortar banks" products. See details.Environmental SustainabilityThe Environmental Impact score for First Citizens BancShares is -0.49. Previous Next 3.2 News and Social Media Coverage News SentimentFirst Citizens BancShares has a news sentiment score of 0.67. 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 WeekMarketBeat has tracked 13 news articles for First Citizens BancShares this week, compared to 4 articles on an average week.Search Interest4 people have searched for FCNCA on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows7 people have added First Citizens BancShares to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, First Citizens BancShares insiders have sold 2,084.42% more of their company's stock than they have bought. Specifically, they have bought $133,121.00 in company stock and sold $2,907,920.00 in company stock.Percentage Held by Insiders13.40% 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 Institutions62.73% 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for First Citizens BancShares are expected to grow by 11.03% in the coming year, from $171.13 to $190.01 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Citizens BancShares is 1.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.49.Price to Earnings Ratio vs. SectorThe P/E ratio of First Citizens BancShares is 1.91, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 44.87.Price to Book Value per Share RatioFirst Citizens BancShares has a P/B Ratio of 1.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About First Citizens BancShares Stock (NASDAQ: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 paycheck protection program loans. In addition, the company offers consumer loans, such as residential and revolving mortgage, construction and land development, consumer auto, and other consumer loans. Further, it provides wealth management services, including annuities, discount 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.Read More FCNCA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FCNCA Stock News HeadlinesNovember 29, 2023 | finance.yahoo.comFCNCA Jan 2024 1380.000 putNovember 29, 2023 | finance.yahoo.comFirst Citizens Bank Arranges $99.3 Million for Kayne Anderson Real Estate and Remedy Medical Properties Joint VenturesDecember 1, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 29, 2023 | americanbankingnews.comFirst Citizens BancShares (NASDAQ:FCNCA) Receives New Coverage from Analysts at Raymond JamesNovember 28, 2023 | ca.finance.yahoo.comFCNCA Dec 2023 1310.000 putNovember 28, 2023 | msn.comRaymond James Initiates Coverage of First Citizens Bancshares, Inc (NC) - (FCNCA) with Market Perform RecommendationNovember 27, 2023 | americanbankingnews.comFirst Citizens BancShares, Inc. (FCNCA) to Issue Quarterly Dividend of $1.64 on December 15thNovember 23, 2023 | americanbankingnews.comHead-To-Head Analysis: First Citizens BancShares (NASDAQ:FCNCA) vs. ENB Financial (OTCMKTS:ENBP)December 1, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 16, 2023 | finance.yahoo.comFirst Citizens Bank Serves as Lead Arranger on $250 Million Financing for Innovative Hybrid Thermal and Battery Energy Storage Projects in CaliforniaNovember 12, 2023 | finance.yahoo.comWith 66% ownership of the shares, First Citizens BancShares, Inc. (NASDAQ:FCNC.A) is heavily dominated by institutional ownersNovember 7, 2023 | finance.yahoo.comFIRST CITIZENS BANK CONTRIBUTES $200,000 TO NONPROFITS PROVIDING RELIEF IN AREAS IMPACTED BY HAWAII WILDFIRESOctober 26, 2023 | finance.yahoo.comFirst Citizens BancShares (FCNCA) Surpasses Q3 Earnings and Revenue EstimatesOctober 26, 2023 | finanznachrichten.deFirst Citizens BancShares, Inc.: First Citizens BancShares Reports Third Quarter 2023 EarningsOctober 26, 2023 | finance.yahoo.comFirst Citizens BancShares Reports Third Quarter 2023 EarningsOctober 26, 2023 | finance.yahoo.comFirst Citizens BancShares Inc (FCNCA) Reports Q3 2023 EarningsOctober 18, 2023 | finance.yahoo.comSilicon Valley Bank Names Jennifer Friel Goldstein Head of Business Development for Life Science and Healthcare BankingOctober 17, 2023 | finance.yahoo.comFirst Citizens Bank Coordinates $672 Million in Financings for Plus Power on Three Battery Storage ProjectsOctober 6, 2023 | msn.comFirst Citizens started at Outperform as Wedbush lauds SVB acquisitionSeptember 21, 2023 | benzinga.com316K Reasons To Be Bullish On First Citizens BancShares StockSeptember 7, 2023 | finance.yahoo.comCIT Northbridge Provides $55 Million in Exit Financing to National CineMedia LLCAugust 22, 2023 | finance.yahoo.comSilicon Valley Bank Appoints Head of Global Payments and Head of Global Digital SolutionsAugust 3, 2023 | msn.comFirst Citizens BancShares Q2 profit boosted by addition of Silicon Valley BankJuly 26, 2023 | finance.yahoo.comFirst Citizens Bank Provides $20.5 Million Acquisition Loan for Forsyth Physicians Center in Greater AtlantaJuly 25, 2023 | finance.yahoo.comSettle Raises $145M Credit Facility with Silicon Valley BankJuly 17, 2023 | finance.yahoo.comFrom Jupiter Power: First Citizens Bank Serves as Lead Arranger on $70.4 Million in Financing for Two Texas Battery Storage ProjectsJuly 17, 2023 | finance.yahoo.comSilver Beech Capital Exited First Citizens BancShares (FCNCA) After Earnings ReleaseSee More Headlines 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. Email Address Company Calendar Ex-Dividend for 9/15 Dividend8/30/2023Dividend Payable9/15/2023Last Earnings10/26/2023Ex-Dividend for 12/15 Dividend11/29/2023Today11/30/2023Dividend Payable12/15/2023Fiscal Year End12/31/2023Next Earnings (Estimated)1/25/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry State commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:FCNCA CUSIP31946M10 CIK798941 Webwww.firstcitizens.com Phone(919) 716-7000Fax919-716-7074Employees10,684Year FoundedN/APrice Target and Rating Average Stock Price Target$1,625.00 High Stock Price Target$1,850.00 Low Stock Price Target$1,025.00 Potential Upside/Downside+10.7%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$766.85 Trailing P/E Ratio1.91 Forward P/E Ratio8.58 P/E GrowthN/ANet Income$1.10 billion Net Margins55.28% Pretax Margin57.98% Return on Equity13.64% Return on Assets1.20% Debt Debt-to-Equity Ratio1.91 Current Ratio1.16 Quick Ratio1.16 Sales & Book Value Annual Sales$5.55 billion Price / Sales3.84 Cash Flow$126.76 per share Price / Cash Flow11.58 Book Value$1,343.52 per share Price / Book1.09Miscellaneous Outstanding Shares14,520,000Free Float12,574,000Market Cap$21.31 billion OptionableNot Optionable Beta0.95 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Frank Brown Holding Jr. (Age 62)Chairman & CEO Comp: $8.03MMs. Hope Holding Bryant (Age 60)Vice Chairwoman Comp: $4.71MMr. Peter McDonald Bristow (Age 57)President & Director Comp: $4.71MMr. Craig Lockwood Nix (Age 51)Chief Financial Officer Comp: $3.91MMs. Deanna W. Hart (Age 45)Senior Vice President of Investor Relations Mr. Matthew G. T. MartinChief Counsel & Corporate SecretaryMs. Barbara ThompsonDirector of Corporate Communications & Brand MarketingMr. West Ludwig (Age 54)Executive VP & Chief Human Resources Officer Mr. Jeffery L. Ward (Age 62)Chief Strategy Officer Comp: $1.48MMs. Lorie King Rupp (Age 58)Chief Risk Officer Comp: $1.77MMore ExecutivesKey CompetitorsM&T BankNYSE:MTBFifth Third BancorpNASDAQ:FITBEast West BancorpNASDAQ:EWBCCommerce BancsharesNASDAQ:CBSHSouthStateNASDAQ:SSBView All CompetitorsInsiders & InstitutionsAmerican Century Companies Inc.Sold 100 shares on 11/30/2023Ownership: 0.026%Modera Wealth Management LLCBought 155 shares on 11/30/2023Ownership: 0.001%Deutsche Bank AGSold 702 shares on 11/24/2023Ownership: 0.076%Graham Capital Management L.P.Sold 592 shares on 11/22/2023Ownership: 0.009%Walleye Trading LLCBought 600 shares on 11/21/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions Should I Buy First Citizens BancShares Stock? FCNCA Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of First Citizens BancShares was last updated on Tuesday, November 28, 2023 at 10:16 PM. Pros Here are some ways that investors could benefit from investing in First Citizens BancShares, Inc.: First Citizens BancShares has shown consistent growth in its stock price, with a 12-month high of $1,512.07. The company has a strong presence in the retail and commercial banking sector, providing a wide range of banking services to individuals, businesses, and professionals. <Institutional investors own a significant portion (62.73%) of the company's stock, indicating confidence in its potential for growth. Recent acquisitions and new positions by institutional investors demonstrate a positive outlook for the company's future. First Citizens BancShares has a diverse range of deposit products, including checking, savings, money market, and time deposit accounts, providing multiple revenue streams. Cons Investors should be bearish about investing in First Citizens BancShares, Inc. for these reasons: The company's stock price is subject to market fluctuations and may not always maintain its upward trajectory. Competition in the banking industry is intense, which could impact the company's market share and profitability. Investing in individual stocks carries inherent risks, and investors should carefully consider their risk tolerance and diversification strategies. The company's financial performance may be influenced by macroeconomic factors, such as interest rates and economic conditions. Regulatory changes and compliance requirements in the banking industry could impact the company's operations and profitability. FCNCA Stock Analysis - Frequently Asked Questions Should I buy or sell First Citizens BancShares stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Citizens BancShares in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" FCNCA shares. View FCNCA analyst ratings or view top-rated stocks. What is First Citizens BancShares' stock price target for 2024? 7 brokers have issued 1 year price objectives for First Citizens BancShares' shares. Their FCNCA share price targets range from $1,025.00 to $1,850.00. On average, they expect the company's stock price to reach $1,625.00 in the next year. This suggests a possible upside of 10.7% from the stock's current price. View analysts price targets for FCNCA or view top-rated stocks among Wall Street analysts. How have FCNCA shares performed in 2023? First Citizens BancShares' stock was trading at $758.36 on January 1st, 2023. Since then, FCNCA stock has increased by 93.6% and is now trading at $1,467.89. View the best growth stocks for 2023 here. When is First Citizens BancShares' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, January 25th 2024. View our FCNCA earnings forecast. How were First Citizens BancShares' earnings last quarter? First Citizens BancShares, Inc. (NASDAQ:FCNCA) released its earnings results on Thursday, October, 26th. The bank reported $55.92 earnings per share for the quarter, topping analysts' consensus estimates of $48.35 by $7.57. The bank had revenue of $2.61 billion for the quarter, compared to analysts' expectations of $2.34 billion. First Citizens BancShares had a net margin of 55.28% and a trailing twelve-month return on equity of 13.64%. How often does First Citizens BancShares pay dividends? What is the dividend yield for First Citizens BancShares? First Citizens BancShares declared a quarterly dividend on Tuesday, October 24th. Investors of record on Thursday, November 30th will be paid a dividend of $1.64 per share on Friday, December 15th. This represents a $6.56 annualized dividend and a yield of 0.45%. The ex-dividend date of this dividend is Wednesday, November 29th. This is an increase from the stock's previous quarterly dividend of $0.75. Read our dividend analysis for FCNCA. Is First Citizens BancShares a good dividend stock? First Citizens BancShares (NASDAQ:FCNCA) pays an annual dividend of $3.00 per share and currently has a dividend yield of 0.21%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 0.39%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FCNCA will have a dividend payout ratio of 1.58% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FCNCA. What ETFs hold First Citizens BancShares' stock? ETFs with the largest weight of First Citizens BancShares (NASDAQ:FCNCA) stock in their portfolio include Gabelli Financial Services Opportunities ETF (GABF), Pinnacle Focused Opportunities ETF (FCUS), iShares U.S. Regional Banks ETF (IAT), First Trust Nasdaq Bank ETF (FTXO), Invesco Dorsey Wright Financial Momentum ETF (PFI), First Trust Dorsey Wright Momentum & Value ETF (DVLU), Harbor Small Cap Explorer ETF (QWST) and Goldman Sachs Hedge Industry VIP ETF (GVIP). Who are First Citizens BancShares' major shareholders? First Citizens BancShares' stock is owned by many different institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (1.81%), MFN Partners Management LP (1.36%), FMR LLC (1.30%), Fuller & Thaler Asset Management Inc. (1.05%), Brown Advisory Inc. (0.82%) and First Citizens Bank & Trust Co. (0.75%). Insiders that own company stock include Craig L Nix, Daniel L Heavner, Ellen R Alemany, Eugene Flood Jr, Frank B Holding Jr, Harold Lee Durham Jr, Jeffery L Ward, Marisa Harney, Olivia Britton Holding, Robert R Hoppe, Robert T Newcomb 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NASDAQ:FCNCA) was last updated on 12/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding First Citizens BancShares, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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