First Citizens BancShares - FCNCA Stock Forecast, Price & News

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

2 analysts have issued twelve-month price objectives for First Citizens BancShares' shares. Their FCNCA share price forecasts range from $900.00 to $950.00. On average, they anticipate the company's stock price to reach $925.00 in the next year. This suggests a possible upside of 16.3% 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 on January 1st, 2023. Since then, FCNCA stock has increased by 4.8% and is now trading at $795.06.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, January 26th 2023.
View our FCNCA earnings forecast.

First Citizens BancShares will be holding an earnings conference call on Thursday, January 26th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 866-813-9403 with passcode "724723".

First Citizens BancShares, Inc. (NASDAQ:FCNCA) posted its quarterly earnings data on Tuesday, October, 26th. The bank reported $12.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $11.73 by $0.44. The bank earned $469.83 million during the quarter, compared to analyst estimates of $459.50 million. First Citizens BancShares had a net margin of 21.12% and a trailing twelve-month return on equity of 12.43%. During the same period last year, the business earned $14.03 earnings per share.

First Citizens BancShares announced a quarterly dividend on Tuesday, October 25th. Stockholders of record on Wednesday, November 30th will be paid a dividend of $0.75 per share on Thursday, December 15th. This represents a $3.00 annualized dividend and a dividend yield of 0.38%. The ex-dividend date of this dividend is Tuesday, November 29th. This is an increase from the stock's previous quarterly dividend of $0.47.
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 0.38%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 4.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FCNCA will have a dividend payout ratio of 3.06% 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 retail and institutional investors. Top institutional shareholders include First Citizens Bank & Trust Co. (0.73%), Reinhart Partners Inc. (0.40%), Ceredex Value Advisors LLC (0.21%), Hennessy Advisors Inc. (0.04%), Mraz Amerine & Associates Inc. (0.01%) and Engrave Wealth Partners LLC (0.01%). 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 $795.06.

First Citizens BancShares (NASDAQ:FCNCA) has a market capitalization of $11.53 billion and generates $1.96 billion in revenue each year. The bank earns $547.46 million in net income (profit) each year or $62.90 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.