NASDAQ:FCNCA First Citizens BancShares (FCNCA) Stock Forecast, Price & News $1,380.10 +9.50 (+0.69%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$1,373.69▼$1,394.5150-Day Range$1,317.86▼$1,512.0752-Week Range$505.84▼$1,512.07Volume80,941 shsAverage Volume60,717 shsMarket Capitalization$20.04 billionP/E Ratio1.88Dividend Yield0.22%Price Target$1,590.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability First Citizens BancShares MarketRank™ ForecastAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside15.2% Upside$1,590.00 Price TargetShort InterestHealthy2.55% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.49Upright™ Environmental ScoreNews Sentiment1.34Based on 9 Articles This WeekInsider TradingSelling Shares$2.25 M Sold Last QuarterProj. Earnings Growth13.30%From $164.75 to $186.66 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.2.80 out of 5 starsFinance Sector183rd out of 877 stocksState Commercial Banks Industry47th out of 183 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 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $1,590.00, First Citizens BancShares has a forecasted upside of 15.2% from its current price of $1,380.10.Amount of Analyst CoverageFirst Citizens BancShares has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.55% 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 5.1.Change versus previous monthShort interest in First Citizens BancShares has recently decreased by 3.19%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldFirst Citizens BancShares has a dividend yield of 0.22%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthFirst Citizens BancShares has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of First Citizens BancShares is 0.41%. 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 1.61% 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 3.5 News and Social Media Coverage News SentimentFirst Citizens BancShares has a news sentiment score of 1.34. 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 is a higher news sentiment than the 0.71 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 9 news articles for First Citizens BancShares this week, compared to 4 articles on an average week.Search InterestOnly 2 people have searched for FCNCA on MarketBeat in the last 30 days. This is a decrease of -80% 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 600% 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 1,590.51% more of their company's stock than they have bought. Specifically, they have bought $133,121.00 in company stock and sold $2,250,420.00 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 13.30% in the coming year, from $164.75 to $186.66 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Citizens BancShares is 1.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.16.Price to Earnings Ratio vs. SectorThe P/E ratio of First Citizens BancShares is 1.88, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 50.49.Price to Book Value per Share RatioFirst Citizens BancShares has a P/B Ratio of 2.28. 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 (NASDAQ:FCNCA) StockFirst 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FCNCA Stock News HeadlinesOctober 1, 2023 | americanbankingnews.comFirst Citizens BancShares (NASDAQ:FCNCA) Now Covered by CitigroupSeptember 21, 2023 | benzinga.com316K Reasons To Be Bullish On First Citizens BancShares StockOctober 1, 2023 | Oxford Club (Ad)Better Than Oil StocksThe best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment. September 21, 2023 | americanbankingnews.comFirst Citizens BancShares (NASDAQ:FCNCA) Receives New Coverage from Analysts at JPMorgan Chase & Co.September 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 AtlantaOctober 1, 2023 | UNKNOWN (Ad)A Bio-Tech Stock That Has Been Growing Like Crazy!Recent News for This One Bio-Tech Has Us All Getting Excited. Sign Up today And Learn MoreJuly 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 ReleaseJuly 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 11, 2023 | finance.yahoo.comReasons to Add First Citizens BancShares (FCNCA) to Your PortfolioJuly 11, 2023 | finance.yahoo.comFirst Citizens Bank Provides $30 Million in Financing to MSea CapitalJune 29, 2023 | msn.comFirst Citizens: A Potential Winner Of The Financial CrisisJune 28, 2023 | finance.yahoo.comAchieve Secures $50 Million Warehouse Facility from Silicon Valley BankJune 27, 2023 | seekingalpha.comFCNCA First Citizens BancShares, Inc.June 26, 2023 | finance.yahoo.comFirst Citizens Bank Provides $10 Million in Financing to Nordic HamburgJune 23, 2023 | finance.yahoo.comFrank Holding Jr. Buys Failed Banks, and First Citizens Makes Them SuccessfulJune 19, 2023 | finance.yahoo.comSVB's Asian customers who lost deposits remain on the hook for loans - WSJJune 13, 2023 | seekingalpha.comFirst Citizens: The Long And The Short Of ItJune 7, 2023 | msn.comWhat Makes First Citizens BancShares (FCNCA) a Strong Momentum Stock: Buy Now?June 5, 2023 | finance.yahoo.comSynovus' (SNV) Balance Sheet Profile Aids Amid High CostsJune 5, 2023 | finance.yahoo.comFirst Citizens Bank Names Jim Hudak as President of CIT Commercial FinanceMay 24, 2023 | finance.yahoo.comRobust AUM Balance Aids Blackstone (BX) Amid Cost WoesMay 23, 2023 | finance.yahoo.com4 Reasons Why The Bancorp (TBBK) Stock is a Must Buy NowSee 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 FCNCA Company Calendar Last Earnings8/03/2023Ex-Dividend for 9/15 Dividend8/30/2023Dividend Payable9/15/2023Today10/01/2023Next Earnings (Estimated)10/26/2023Fiscal Year End12/31/2023Get 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 Forecast$1,590.00 High Stock Price Forecast$1,850.00 Low Stock Price Forecast$1,025.00 Forecasted Upside/Downside+15.2%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$735.43 Trailing P/E Ratio1.88 Forward P/E Ratio8.38 P/E GrowthN/ANet Income$1.10 billion Net Margins60.22% Pretax Margin62.42% Return on Equity12.69% Return on Assets1.08% Debt Debt-to-Equity Ratio2.10 Current Ratio1.20 Quick Ratio1.20 Sales & Book Value Annual Sales$5.55 billion Price / Sales3.61 Cash Flow$123.00 per share Price / Cash Flow11.22 Book Value$605.33 per share Price / Book2.28Miscellaneous Outstanding Shares14,520,000Free Float12,574,000Market Cap$20.04 billion OptionableNot Optionable Beta0.97 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. 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)Pres & Director Comp: $4.71MMr. Craig Lockwood Nix (Age 51)Chief Financial Officer Comp: $3.91MMs. Deanna W. Hart (Age 45)Sr. VP of Investor Relations Mr. Matthew G. T. MartinChief Counsel & Corp. Sec.Ms. Barbara ThompsonDirector of Corp. Communications & Brand MarketingMr. West Ludwig (Age 54)Exec. VP & Chief HR Officer Mr. Jeffery L. Ward (Age 62)Chief Strategy Officer Ms. Lorie King Rupp (Age 58)Chief Risk Officer More ExecutivesKey CompetitorsM&T BankNYSE:MTBFifth Third BancorpNASDAQ:FITBEast West BancorpNASDAQ:EWBCCommerce BancsharesNASDAQ:CBSHSouthStateNASDAQ:SSBView All CompetitorsInsiders & InstitutionsBarclays PLCBought 1,806 shares on 9/21/2023Ownership: 0.058%Frank B Holding JrBought 110 shares on 9/19/2023Total: $126,500.00 ($1,150.00/share)Craig L NixBought 5 shares on 9/8/2023Total: $6,620.60 ($1,324.12/share)Alberta Investment Management CorpSold 36,000 shares on 8/24/2023Ownership: 0.328%Wolverine Trading LLCSold 3,800 shares on 8/23/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions FCNCA Stock - Frequently Asked Questions Should I buy or sell First Citizens BancShares stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Citizens BancShares in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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 forecast for 2023? 5 Wall Street analysts have issued 1 year target prices for First Citizens BancShares' stock. Their FCNCA share price forecasts range from $1,025.00 to $1,850.00. On average, they expect the company's share price to reach $1,590.00 in the next year. This suggests a possible upside of 15.2% 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 82.0% and is now trading at $1,380.10. 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, October 26th 2023. View our FCNCA earnings forecast. How were First Citizens BancShares' earnings last quarter? First Citizens BancShares, Inc. (NASDAQ:FCNCA) announced its earnings results on Thursday, August, 3rd. The bank reported $52.60 EPS for the quarter, beating analysts' consensus estimates of $45.91 by $6.69. The bank earned $2.62 billion during the quarter, compared to analyst estimates of $2.31 billion. First Citizens BancShares had a net margin of 60.22% and a trailing twelve-month return on equity of 12.69%. How often does First Citizens BancShares pay dividends? What is the dividend yield for First Citizens BancShares? First Citizens BancShares announced a quarterly dividend on Tuesday, July 25th. Shareholders of record on Thursday, August 31st will be given a dividend of $0.75 per share on Friday, September 15th. This represents a $3.00 dividend on an annualized basis and a yield of 0.22%. The ex-dividend date of this dividend is Wednesday, August 30th. 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). 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 0.22%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 0.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FCNCA will have a dividend payout ratio of 1.61% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FCNCA. What is First Citizens BancShares' stock symbol? First Citizens BancShares trades on the NASDAQ under the ticker symbol "FCNCA." 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. What is First Citizens BancShares' stock price today? One share of FCNCA stock can currently be purchased for approximately $1,380.10. How much money does First Citizens BancShares make? First Citizens BancShares (NASDAQ:FCNCA) has a market capitalization of $20.04 billion and generates $5.55 billion in revenue each year. The bank earns $1.10 billion in net income (profit) each year or $735.43 on an earnings per share basis. How many employees does First Citizens BancShares have? The company employs 10,684 workers across the globe. How can I contact First Citizens BancShares? First Citizens BancShares' mailing address is 4300 SIX FORKS ROAD, RALEIGH NC, 27609. The official website for the company is www.firstcitizens.com. The bank can be reached via phone at (919) 716-7000, via email at tom.heathiii@firstcitizens.com, or via fax at 919-716-7074. This page (NASDAQ:FCNCA) was last updated on 10/1/2023 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. 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