First Citizens BancShares - FCNCA Stock Forecast, Price & News

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

2 brokerages have issued 12 month price objectives for First Citizens BancShares' shares. Their FCNCA share price forecasts range from $900.00 to $950.00. On average, they expect the company's stock price to reach $925.00 in the next twelve months. This suggests a possible upside of 18.8% from the stock's current price.
View analysts price targets for FCNCA or view top-rated stocks among Wall Street analysts.

First Citizens BancShares' stock was trading at $758.36 at the beginning of 2023. Since then, FCNCA stock has increased by 2.6% and is now trading at $778.30.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our FCNCA earnings forecast.

First Citizens BancShares, Inc. (NASDAQ:FCNCA) posted its quarterly earnings data on Tuesday, October, 26th. The bank reported $12.17 EPS for the quarter, topping the consensus estimate of $11.73 by $0.44. The bank earned $469.83 million during the quarter, compared to analysts' expectations of $459.50 million. First Citizens BancShares had a net margin of 19.79% and a trailing twelve-month return on equity of 12.84%. During the same period in the prior year, the company posted $14.03 EPS.

First Citizens BancShares declared a quarterly dividend on Tuesday, January 24th. Investors of record on Tuesday, February 28th will be given a dividend of $0.75 per share on Wednesday, March 15th. This represents a $3.00 annualized dividend and a yield of 0.39%. The ex-dividend date of this dividend is Monday, February 27th.
Read our dividend analysis for FCNCA.

First Citizens BancShares (NASDAQ:FCNCA) pays an annual dividend of $3.00 per share and currently has a dividend yield of 0.39%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 4.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FCNCA will have a dividend payout ratio of 3.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FCNCA.

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

First Citizens BancShares' stock is owned by a number of institutional and retail investors. Top institutional investors include First Citizens Bank & Trust Co. (0.73%), Reinhart Partners Inc. (0.40%), Cortland Associates Inc. MO (0.38%), Bank of Montreal Can (0.22%), Sumitomo Mitsui Trust Holdings Inc. (0.21%) and Ceredex Value Advisors LLC (0.21%). Insiders that own company stock include Craig L Nix, Daniel L Heavner, Frank B Holding Jr, Harold Lee Durham Jr, Jeffery L Ward, Marisa Harney, Olivia Britton Holding, Peter M Bristow, Robert R Hoppe, Robert T Newcomb and West Ludwig.
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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.
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One share of FCNCA stock can currently be purchased for approximately $778.30.

First Citizens BancShares (NASDAQ:FCNCA) has a market capitalization of $11.29 billion and generates $5.55 billion in revenue each year. The bank earns $1.10 billion in net income (profit) each year or $67.48 on an earnings per share basis.

The company employs 6,846 workers across the globe.

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.