NASDAQ:FCNCA

First Citizens BancShares Stock Forecast, Price & News

$844.46

+36.49 (+4.52 %)

(As of 05/13/2021 12:00 AM ET)

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Today's Range

$811.40

▼

$847.41

50-Day Range

$776.00

▼

$885.08

52-Week Range

$303.18

▼

$901.17

Volume83,286 shs

Average Volume56,048 shs

Market Capitalization$8.29 billion

P/E Ratio19.29

Dividend Yield0.23%

Beta1.17

30 days | 90 days | 365 days | Advanced Chart

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About First Citizens BancShares

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 land development, commercial mortgage, commercial and industrial, and lease financing loans, as well as small business administration paycheck protection program loans; and consumer loans, such as residential and revolving mortgage, construction and land development, consumer auto, and other consumer loans. The company also offers treasury services products, cardholder and merchant services, wealth management services, and various other products and services; investment products, including annuities, discount brokerage services, and third-party mutual funds, as well as investment management and advisory services; and defined benefit and defined contribution, insurance, private banking, trust, fiduciary, philanthropy, and special asset services. The company provides its products and services through its branch network, as well as through digital banking, telephone banking, and various ATM networks. As of December 31, 2020, it operated 542 branches in Arizona, California, Colorado, Florida, Georgia, Kansas, Maryland, Missouri, North Carolina, New Mexico, Oklahoma, Oregon, South Carolina, Tennessee, Texas, Virginia, Washington, Wisconsin, and West Virginia. First Citizens BancShares, Inc. was founded in 1898 and is headquartered in Raleigh, North Carolina.

First Citizens Bank Region Executive Chris Young Retires
May 13, 2021 | finance.yahoo.com

First Citizens BancShares' (FCNCA) "Buy" Rating Reiterated at DA Davidson
May 8, 2021 | americanbankingnews.com

First Citizens Bank Forecast Shows Business Growth Confidence Back to Pre-Pandemic Levels
May 3, 2021 | finance.yahoo.com

First Citizens BancShares (NASDAQ:FCNCA) Issues Earnings Results
April 29, 2021 | americanbankingnews.com

First Citizens Bancshares Inc (FCNCA) Q1 2021 Earnings Call Transcript
April 28, 2021 | finance.yahoo.com

First Citizens BancShares Q1 EPS $14.53 Beats $12.11 Estimate
April 28, 2021 | benzinga.com

First Citizens BancShares (NASDAQ:FCNCA) Shares Gap Up to $843.33
April 26, 2021 | americanbankingnews.com

Head to Head Contrast: HomeStreet (NASDAQ:HMST) versus First Citizens BancShares (NASDAQ:FCNCA)
April 25, 2021 | americanbankingnews.com

First Citizens BancShares (NASDAQ:FCNCA) Hits New 12-Month High at $888.25
April 23, 2021 | americanbankingnews.com

Short Interest in First Citizens BancShares, Inc. (NASDAQ:FCNCA) Increases By 27.3%
April 19, 2021 | americanbankingnews.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNASDAQ:FCNCA

Previous Symbol

CUSIP31946M10

CIK798941

Webwww.firstcitizens.com

Phone919-716-7000

Employees6,451

Year FoundedN/A

Sales & Book Value

Annual Sales$1.82 billion

Price / Sales4.55

Cash Flow$69.22 per share

Price / Cash Flow12.20

Book Value$337.40 per share

Price / Book2.50

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$457.37 million

Net Margins23.54%

Return on Equity12.08%

Return on Assets1.01%

Debt

Debt-to-Equity Ratio0.18

Current Ratio0.83

Quick Ratio0.83

Price-To-Earnings

Trailing P/E Ratio19.29

Forward P/E RatioN/A

P/E GrowthN/A

Miscellaneous

Outstanding Shares9,816,000

Market Cap$8.29 billion

Next Earnings Date7/27/2021 (Estimated)

OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.51 out of 5 stars

Finance Sector

643rd out of 1,947 stocks

State Commercial Banks Industry

137th out of 308 stocks

2.3 Analyst's Opinion

Consensus Rating
First Citizens BancShares has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $937.50, First Citizens BancShares has a forecasted upside of 11.0% from its current price of $844.46.
Amount of Analyst Coverage
First Citizens BancShares has only been the subject of 2 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
First Citizens BancShares has received 164 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
First Citizens BancShares has received 199 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
First Citizens BancShares has received 54.82% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about First Citizens BancShares and other stocks. Vote “Outperform” if you believe FCNCA will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FCNCA will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
First Citizens BancShares has a dividend yield of 0.23%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
First Citizens BancShares has only been increasing its dividend for 1 years.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, First Citizens BancShares insiders have bought more of their company's stock than they have sold. Specifically, they have bought $722,462.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 19.59% of the stock of First Citizens BancShares is held by insiders.
Percentage Held by Institutions
39.21% 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.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of First Citizens BancShares is 19.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 22.77.
Price to Earnings Ratio vs. Sector
The P/E ratio of First Citizens BancShares is 19.29, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.20.
Price to Book Value per Share Ratio
First Citizens BancShares has a P/B Ratio of 2.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

First Citizens BancShares (NASDAQ:FCNCA) Frequently Asked Questions

Is First Citizens BancShares a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Citizens BancShares in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" First Citizens BancShares stock.
View analyst ratings for First Citizens BancShares or view top-rated stocks.

What stocks does MarketBeat like better than First Citizens BancShares?

Wall Street analysts have given First Citizens BancShares a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but First Citizens BancShares wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting First Citizens BancShares?

First Citizens BancShares saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 378,400 shares, an increase of 27.3% from the March 15th total of 297,300 shares. Based on an average daily trading volume, of 55,800 shares, the short-interest ratio is presently 6.8 days. Currently, 6.9% of the shares of the company are sold short.
View First Citizens BancShares' Short Interest.

When is First Citizens BancShares' next earnings date?

First Citizens BancShares is scheduled to release its next quarterly earnings announcement on Tuesday, July 27th 2021.
View our earnings forecast for First Citizens BancShares.

How were First Citizens BancShares' earnings last quarter?

First Citizens BancShares, Inc. (NASDAQ:FCNCA) posted its earnings results on Tuesday, April, 27th. The bank reported $14.53 EPS for the quarter, beating the Zacks' consensus estimate of $11.94 by $2.59. First Citizens BancShares had a trailing twelve-month return on equity of 12.08% and a net margin of 23.54%.
View First Citizens BancShares' earnings history.

How has First Citizens BancShares' stock price been impacted by Coronavirus?

First Citizens BancShares' stock was trading at $358.16 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FCNCA stock has increased by 135.8% and is now trading at $844.46.
View which stocks have been most impacted by COVID-19.

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, April 27th. Investors of record on Friday, May 14th will be paid a dividend of $0.47 per share on Friday, May 28th. This represents a $1.88 annualized dividend and a dividend yield of 0.22%. The ex-dividend date of this dividend is Thursday, May 13th.
View First Citizens BancShares' dividend history.

Is First Citizens BancShares a good dividend stock?

First Citizens BancShares pays an annual dividend of $1.88 per share and currently has a dividend yield of 0.23%.
View First Citizens BancShares' dividend history.

What price target have analysts set for FCNCA?

3 analysts have issued 1-year price targets for First Citizens BancShares' shares. Their forecasts range from $875.00 to $1,000.00. On average, they anticipate First Citizens BancShares' stock price to reach $937.50 in the next year. This suggests a possible upside of 11.0% from the stock's current price.
View analysts' price targets for First Citizens BancShares or view top-rated stocks among Wall Street analysts.

Who are First Citizens BancShares' key executives?

First Citizens BancShares' management team includes the following people:

Mr. Frank Brown Holding Jr., Chairman & CEO (Age 60, Pay $3.86M)
Ms. Hope Holding Bryant, Vice Chairman & Corp. Sales Exec. (Age 58, Pay $2.31M)
Mr. Peter McDonald Bristow Jr., Pres, Corp. Sales Exec. & Director (Age 55, Pay $2.31M)
Mr. Craig Lockwood Nix, CFO & Principal Accounting Officer (Age 49, Pay $2.14M)
Mr. Jeffery L. Ward, Chief Strategy Officer (Age 60, Pay $1.48M)
Tom Heath, VP & Director of Investor Relations
Barbara Thompson, Director of Corp. Communications & Brand Marketing
Ms. Lorie King Rupp, Chief Risk Officer (Age 56)
Ms. Elizabeth Bunn, Exec. VP & Treasurer
Bridget L. Welborn, Corp. Sec.

Who are some of First Citizens BancShares' key competitors?

Some companies that are related to First Citizens BancShares include The PNC Financial Services Group (PNC), Truist Financial (TFC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), KeyCorp (KEY), Regions Financial (RF), M&T Bank (MTB), Huntington Bancshares (HBAN), Signature Bank (SBNY), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL), First Horizon (FHN), Zions Bancorporation, National Association (ZION) and Commerce Bancshares (CBSH).
View all of FCNCA's competitors.

What is First Citizens BancShares' stock symbol?

First Citizens BancShares trades on the NASDAQ under the ticker symbol "FCNCA."

Who are First Citizens BancShares' major shareholders?

First Citizens BancShares' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (3.37%), Alliancebernstein L.P. (1.97%), First Citizens Bank & Trust Co. (1.12%), Systematic Financial Management LP (0.97%), Geode Capital Management LLC (0.95%) and Royce & Associates LP (0.91%). Company insiders that own First Citizens BancShares stock include Claire H Bristow, Craig L Nix, Frank B Holding Jr, Jeffery L Ward, Olivia Britton Holding, Peter M Bristow, Robert R Hoppe and Stephen E Wakefield.
View institutional ownership trends for First Citizens BancShares.

Which institutional investors are selling First Citizens BancShares stock?

FCNCA stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Northern Trust Corp, Alliancebernstein L.P., Royce & Associates LP, Brandywine Global Investment Management LLC, Allianz Asset Management GmbH, UBS Group AG, and Victory Capital Management Inc..
View insider buying and selling activity for First Citizens BancShares or view top insider-selling stocks.

Which institutional investors are buying First Citizens BancShares stock?

FCNCA stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Citigroup Inc., Rafferty Asset Management LLC, Geode Capital Management LLC, Barclays PLC, Reinhart Partners Inc., Brinker Capital Investments LLC, and EAM Investors LLC. Company insiders that have bought First Citizens BancShares stock in the last two years include Craig L Nix, Frank B Holding Jr, Jeffery L Ward, Olivia Britton Holding, Peter M Bristow, and Robert R Hoppe.
View insider buying and selling activity for First Citizens BancShares or or view top insider-buying stocks.

How do I buy shares of First Citizens BancShares?

Shares of FCNCA 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 $844.46.

How much money does First Citizens BancShares make?

First Citizens BancShares has a market capitalization of $8.29 billion and generates $1.82 billion in revenue each year.

How many employees does First Citizens BancShares have?

First Citizens BancShares employs 6,451 workers across the globe.

What is First Citizens BancShares' official website?

The official website for First Citizens BancShares is www.firstcitizens.com.

Where are First Citizens BancShares' headquarters?

First Citizens BancShares is headquartered at 4300 SIX FORKS ROAD, RALEIGH NC, 27609.

How can I contact First Citizens BancShares?

First Citizens BancShares' mailing address is 4300 SIX FORKS ROAD, RALEIGH NC, 27609. The bank can be reached via phone at 919-716-7000 or via email at [email protected]

This page was last updated on 5/13/2021 by MarketBeat.com Staff

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