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 twelve months. 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.
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2 equities research analysts have issued 12 month price targets for First Citizens BancShares' stock. Their FCNCA share price forecasts range from $900.00 to $950.00. On average, they predict the company's share price to reach $925.00 in the next twelve months. This suggests a possible upside of 20.2% from the stock's current price.
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First Citizens BancShares' stock was trading at $758.36 on January 1st, 2023. Since then, FCNCA shares have increased by 1.5% and is now trading at $769.52.
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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) released its quarterly earnings data on Tuesday, October, 26th. The bank reported $12.17 earnings per share for the quarter, beating analysts' consensus estimates of $11.73 by $0.44. The bank had revenue of $469.83 million for the quarter, compared to the consensus estimate 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 quarter in the previous year, the business posted $14.03 EPS.

First Citizens BancShares announced 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 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 2.63% 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 many different retail and institutional investors. Top institutional shareholders include First Citizens Bank & Trust Co. (0.73%), Reinhart Partners Inc. (0.40%), Cortland Associates Inc. MO (0.38%), Ceredex Value Advisors LLC (0.21%), Natixis Advisors L.P. (0.10%) and Hennessy Advisors Inc. (0.04%). 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 $769.52.

First Citizens BancShares (NASDAQ:FCNCA) has a market capitalization of $11.16 billion and generates $5.55 billion in revenue each year. The bank earns $547.46 million 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.