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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
The Safest Option in Trades! (Ad)pixel
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
The Safest Option in Trades! (Ad)pixel
Saudi Aramco's profits already $88B as oil prices stay high
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
"Prepare for Five Years of Famine" (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
The Safest Option in Trades! (Ad)pixel
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
The Safest Option in Trades! (Ad)pixel
Saudi Aramco's profits already $88B as oil prices stay high
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
"Prepare for Five Years of Famine" (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
The Safest Option in Trades! (Ad)pixel
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
The Safest Option in Trades! (Ad)pixel
Saudi Aramco's profits already $88B as oil prices stay high
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
"Prepare for Five Years of Famine" (Ad)
NASDAQ:FCNCA

First Citizens BancShares - FCNCA Stock Forecast, Price & News

$843.82
+16.32 (+1.97%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$831.13
$844.40
50-Day Range
$598.79
$843.82
52-Week Range
$598.01
$947.71
Volume
105,801 shs
Average Volume
101,097 shs
Market Capitalization
$13.50 billion
P/E Ratio
15.12
Dividend Yield
0.22%
Price Target
$991.67

First Citizens BancShares MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
17.5% Upside
$991.67 Price Target
Short Interest
Healthy
1.65% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.55
Upright™ Environmental Score
News Sentiment
1.18mentions of First Citizens BancShares in the last 14 days
Based on 9 Articles This Week
Insider Trading
Acquiring Shares
$168,947 Bought Last Quarter
Proj. Earnings Growth
26.63%
From $68.26 to $86.44 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.96 out of 5 stars

Finance Sector

68th out of 926 stocks

State Commercial Banks Industry

19th out of 193 stocks

FCNCA stock logo

About First Citizens BancShares (NASDAQ:FCNCA) Stock

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, 2021, it operated 529 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.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of First Citizens BancShares from a "sell" rating to a "hold" rating in a report on Thursday, April 28th.

First Citizens BancShares Stock Performance

Shares of FCNCA opened at $843.82 on Friday. First Citizens BancShares has a one year low of $598.01 and a one year high of $947.71. The company has a 50-day moving average of $698.02 and a two-hundred day moving average of $698.93. The stock has a market cap of $13.50 billion, a price-to-earnings ratio of 15.12 and a beta of 1.08. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.81 and a quick ratio of 0.80.

First Citizens BancShares (NASDAQ:FCNCA - Get Rating) last announced its earnings results on Thursday, July 28th. The bank reported $16.86 EPS for the quarter, topping the consensus estimate of $13.77 by $3.09. The company had revenue of $1.12 billion during the quarter, compared to analysts' expectations of $949.33 million. First Citizens BancShares had a net margin of 20.83% and a return on equity of 11.47%. During the same period last year, the company posted $15.09 earnings per share. On average, equities research analysts expect that First Citizens BancShares will post 68.26 earnings per share for the current year.

First Citizens BancShares Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 15th. Investors of record on Wednesday, August 31st will be issued a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 0.22%. The ex-dividend date of this dividend is Tuesday, August 30th. First Citizens BancShares's dividend payout ratio is currently 3.37%.

Insider Buying and Selling

In other First Citizens BancShares news, CEO Frank B. Holding, Jr. bought 254 shares of First Citizens BancShares stock in a transaction on Friday, June 10th. The stock was purchased at an average cost of $630.00 per share, for a total transaction of $160,020.00. Following the completion of the purchase, the chief executive officer now directly owns 92,212 shares of the company's stock, valued at $58,093,560. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 13.40% of the stock is currently owned by corporate insiders.

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FCNCA Stock News Headlines

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FCNCA Company Calendar

Ex-Dividend for 6/15 Dividend
5/27/2022
Dividend Payable
6/15/2022
Last Earnings
7/28/2022
Today
8/14/2022
Ex-Dividend for 9/15 Dividend
8/30/2022
Dividend Payable
9/15/2022
Next Earnings (Estimated)
10/26/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:FCNCA
CUSIP
31946M10
Employees
6,846
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$991.67
High Stock Price Forecast
$1,075.00
Low Stock Price Forecast
$900.00
Forecasted Upside/Downside
+17.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$547.46 million
Pretax Margin
23.54%

Debt

Sales & Book Value

Annual Sales
$1.96 billion
Cash Flow
$70.38 per share
Book Value
$610.00 per share

Miscellaneous

Free Float
13,858,000
Market Cap
$13.50 billion
Optionable
Not Optionable
Beta
1.08

Key Executives














FCNCA Stock - Frequently Asked Questions

Should I buy or sell First Citizens BancShares stock 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 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" FCNCA shares.
View FCNCA analyst ratings
or view top-rated stocks.

What is First Citizens BancShares' stock price forecast for 2022?

3 equities research analysts have issued 1-year price targets for First Citizens BancShares' shares. Their FCNCA share price forecasts range from $900.00 to $1,075.00. On average, they expect the company's stock price to reach $991.67 in the next year. This suggests a possible upside of 17.5% 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 2022?

First Citizens BancShares' stock was trading at $829.84 at the beginning of 2022. Since then, FCNCA stock has increased by 1.7% and is now trading at $843.82.
View the best growth stocks for 2022 here
.

When is First Citizens BancShares' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
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, July, 28th. The bank reported $16.86 earnings per share for the quarter, beating analysts' consensus estimates of $13.77 by $3.09. The bank had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $949.33 million. First Citizens BancShares had a trailing twelve-month return on equity of 11.47% and a net margin of 20.83%. During the same period in the prior year, the business earned $15.09 EPS.

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 Thursday, July 28th. Stockholders of record on Wednesday, August 31st will be given a dividend of $0.47 per share on Thursday, September 15th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.22%. The ex-dividend date of this dividend is Tuesday, August 30th.
Read our dividend analysis for FCNCA
.

Is First Citizens BancShares a good dividend stock?

First Citizens BancShares (NASDAQ:FCNCA) pays an annual dividend of $1.88 per share and currently has a dividend yield of 0.22%. The dividend payout ratio is 3.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FCNCA will have a dividend payout ratio of 2.17% 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."

Who are First Citizens BancShares' major shareholders?

First Citizens BancShares' stock is owned by many different retail and institutional investors. Top institutional investors include Egerton Capital UK LLP (5.28%), Ceredex Value Advisors LLC (1.34%), JPMorgan Chase & Co. (1.21%), Brown Advisory Inc. (1.10%), FMR LLC (0.94%) and Thompson Siegel & Walmsley LLC (0.89%). Insiders that own company stock include Claire H Bristow, Craig L Nix, Frank B Holding Jr, Harold Lee Durham Jr, Jeffery L Ward, Olivia Britton Holding, Peter M Bristow, Robert R Hoppe, Robert T Newcomb, Stephen E Wakefield 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.

What is First Citizens BancShares' stock price today?

One share of FCNCA stock can currently be purchased for approximately $843.82.

How much money does First Citizens BancShares make?

First Citizens BancShares (NASDAQ:FCNCA) has a market capitalization of $13.50 billion and generates $1.96 billion in revenue each year. The bank earns $547.46 million in net income (profit) each year or $55.82 on an earnings per share basis.

How many employees does First Citizens BancShares have?

The company employs 6,846 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 8/14/2022 by MarketBeat.com Staff

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