First Citizens BancShares - FCNCA Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Citizens BancShares in the last twelve months. There are currently 2 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.

2 Wall Street research analysts have issued twelve-month target prices for First Citizens BancShares' shares. Their FCNCA share price forecasts range from $900.00 to $1,000.00. On average, they expect the company's stock price to reach $950.00 in the next year. This suggests a possible upside of 19.2% 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 $829.84 on January 1st, 2022. Since then, FCNCA shares have decreased by 3.9% and is now trading at $797.24.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our FCNCA earnings forecast.

First Citizens BancShares, Inc. (NASDAQ:FCNCA) issued its quarterly earnings data 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 earned $1.12 billion during the quarter, compared to analyst estimates of $949.33 million. First Citizens BancShares had a net margin of 20.83% and a trailing twelve-month return on equity of 11.47%. During the same quarter last year, the business earned $15.09 EPS.

First Citizens BancShares announced a quarterly dividend on Thursday, July 28th. Shareholders of record on Wednesday, August 31st will be paid a dividend of $0.47 per share on Thursday, September 15th. This represents a $1.88 dividend on an annualized basis and a yield of 0.24%. The ex-dividend date is Tuesday, August 30th.
Read our dividend analysis for FCNCA.

First Citizens BancShares (NASDAQ:FCNCA) pays an annual dividend of $1.88 per share and currently has a dividend yield of 0.23%. 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 2.11% 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 shareholders include Egerton Capital UK LLP (5.28%), State Street Corp (2.23%), Ceredex Value Advisors LLC (1.34%), JPMorgan Chase & Co. (1.21%), Brown Advisory Inc. (1.14%) and Brown Advisory Inc. (1.10%). Insiders that own company stock include Craig L Nix, 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 $797.24.

First Citizens BancShares (NASDAQ:FCNCA) has a market capitalization of $12.76 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.

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.