NASDAQ:FCNCAFirst Citizens BancShares Stock Price, Forecast & News

$385.00

-13.00 (-3.27 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$382.90

Now: $385.00▼

$392.81

50-Day Range

$310.97

MA: $350.62▼

$403.05

52-Week Range

$276.08

Now: $385.00▼

$542.12

Volume47,647 shs

Average Volume46,264 shs

Market Capitalization$3.91 billion

P/E Ratio10.45

Dividend Yield0.40%

Beta1.37

First Citizens BancShares, Inc. operates as the holding company for First-Citizens Bank & Trust Company that provides banking services to retail and commercial customers. Its deposit products include checking, savings, money market and time deposit accounts. The company's loan products portfolio comprises commercial construction and land development, commercial mortgage, commercial and industrial, lease financing, and other commercial real estate loans; and noncommercial construction and land development, residential mortgage, revolving mortgage, consumer loans, and construction and land development loans. It also offers treasury services products, cardholder and merchant services, wealth management services, and various other products and services; investment services, including annuities, discount brokerage services, and third-party mutual funds, as well as investment advisory services; trust and asset management services; and title insurance products. The company offers its products and services through its branch network, as well as through digital banking, telephone banking, and various ATM networks. As of December 31, 2017, it operated 545 branches in Arizona, California, Colorado, Florida, Georgia, Illinois, Kansas, Maryland, Minnesota, Missouri, New Mexico, North Carolina, Oklahoma, Oregon, South Carolina, Tennessee, Texas, Virginia, Washington, West Virginia, and Wisconsin. The company was founded in 1898 and is headquartered in Raleigh, North Carolina.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for First Citizens BancShares.

2.3 Community Rank

Outperform Votes
First Citizens BancShares has received 158 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
First Citizens BancShares has received 188 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
First Citizens BancShares has received 54.34% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about First Citizens BancShares and other stocks. Vote “Outperform” if you believe FCNCA will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FCNCA will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
First Citizens BancShares is a leading dividend payer. It pays a dividend yield of 0.40%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
First Citizens BancShares has only been increasing its dividend for 2 years.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, First Citizens BancShares insiders have bought more of their company's stock than they have sold. Specifically, they have bought $43,040.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 19.59% of the stock of First Citizens BancShares is held by insiders.
Percentage Held by Institutions
42.85% of the stock of First Citizens BancShares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of First Citizens BancShares is 10.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.35.
Price to Earnings Ratio vs. Sector
The P/E ratio of First Citizens BancShares is 10.45, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.16.
Price to Book Value per Share Ratio
First Citizens BancShares has a P/B Ratio of 0.99. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.97 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNASDAQ:FCNCA

Previous Symbol

CUSIP31946M10

CIK798941

Webwww.firstcitizens.com

Phone919-716-7000

Debt

Debt-to-Equity Ratio0.20

Current Ratio0.83

Quick Ratio0.83

Price-To-Earnings

Trailing P/E Ratio10.45

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.82 billion

Price / Sales2.15

Cash Flow$49.55 per share

Price / Cash Flow7.77

Book Value$389.21 per share

Price / Book0.99

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$457.37 million

Net Margins22.24%

Return on Equity10.98%

Return on Assets1.03%

Miscellaneous

Employees7,176

Outstanding Shares10,168,000

Market Cap$3.91 billion

Next Earnings Date8/4/2020 (Estimated)

OptionableNot Optionable

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First Citizens BancShares (NASDAQ:FCNCA) Frequently Asked Questions

How has First Citizens BancShares' stock been impacted by COVID-19 (Coronavirus)?

First Citizens BancShares' stock was trading at $358.16 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, FCNCA shares have increased by 7.5% and is now trading at $385.00. View which stocks have been most impacted by Coronavirus.

When is First Citizens BancShares' next earnings date?

First Citizens BancShares is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for First Citizens BancShares.

How were First Citizens BancShares' earnings last quarter?

First Citizens BancShares Inc. (NASDAQ:FCNCA) released its quarterly earnings data on Tuesday, April, 28th. The bank reported $5.46 earnings per share (EPS) for the quarter. The bank earned $402.41 million during the quarter. First Citizens BancShares had a return on equity of 10.98% and a net margin of 22.24%. View First Citizens BancShares' earnings history.

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 Tuesday, April 28th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.40 per share on Monday, July 6th. This represents a $1.60 annualized dividend and a yield of 0.42%. The ex-dividend date is Friday, June 12th. View First Citizens BancShares' dividend history.

Has First Citizens BancShares been receiving favorable news coverage?

Headlines about FCNCA stock have been trending negative this week, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. First Citizens BancShares earned a news impact score of -2.4 on InfoTrie's scale. They also assigned news articles about the bank a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutFirst Citizens BancShares.

Are investors shorting First Citizens BancShares?

First Citizens BancShares saw a increase in short interest in May. As of May 15th, there was short interest totaling 106,400 shares, an increase of 17.4% from the April 30th total of 90,600 shares. Based on an average trading volume of 47,900 shares, the short-interest ratio is presently 2.2 days. Approximately 2.1% of the company's stock are short sold. View First Citizens BancShares' Current Options Chain.

Who are some of First Citizens BancShares' key competitors?

Some companies that are related to First Citizens BancShares include Truist Financial (TFC), PNC Financial Services Group (PNC), SunTrust Banks (STI), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Signature Bank (SBNY), Zions Bancorporation NA (ZION) and East West Bancorp (EWBC). View all competitors.

Who are First Citizens BancShares' key executives?

First Citizens BancShares' management team includes the following people:

Mr. Frank Brown Holding Jr., Chairman & CEO (Age 58)
Ms. Hope Holding Bryant, Vice Chairman, Corp. Sales Exec. & Director (Age 56)
Mr. Peter McDonald Bristow Jr., Pres, Corp. Sales Exec. & Director (Age 53)
Mr. Craig Lockwood Nix, Chief Financial Officer (Age 47)
Mr. Edward Lee Willingham IV, Chief Operating Officer (Age 64)

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 a number of institutional and retail investors. Top institutional investors include Wellington Management Group LLP (3.76%), BlackRock Inc. (3.27%), Wells Fargo & Company MN (1.81%), AQR Capital Management LLC (1.48%), State Street Corp (1.37%) and First Citizens Bank & Trust Co. (1.05%). Company insiders that own First Citizens BancShares stock include Claire H Bristow, Craig L Nix, Daniel L Heavner, Frank B Holding Jr, Harold Lee Durham Jr, Hope Holding Bryant, Olivia Britton Holding, Peter M Bristow, Robert R Hoppe and Stephen E Wakefield. View institutional ownership trends for First Citizens BancShares.

Which institutional investors are selling First Citizens BancShares stock?

FCNCA stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Thrivent Financial for Lutherans, Schroder Investment Management Group, AJO LP, BlackRock Inc., Systematic Financial Management LP, Invesco Ltd., and State Street Corp. Company insiders that have sold First Citizens BancShares company stock in the last year include Claire H Bristow, Peter M Bristow, and Stephen E Wakefield. View insider buying and selling activity for First Citizens BancShares.

Which institutional investors are buying First Citizens BancShares stock?

FCNCA stock was acquired by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Wells Fargo & Company MN, Fuller & Thaler Asset Management Inc., BNP Paribas Arbitrage SA, Reinhart Partners Inc., Janus Henderson Group PLC, Nuveen Asset Management LLC, and WINTON GROUP Ltd. Company insiders that have bought First Citizens BancShares stock in the last two years include Claire H Bristow, Craig L Nix, Frank B Holding Jr, Harold Lee Durham Jr, Olivia Britton Holding, and Robert R Hoppe. View insider buying and selling activity for First Citizens BancShares.

How do I buy shares of First Citizens BancShares?

Shares of FCNCA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is First Citizens BancShares' stock price today?

One share of FCNCA stock can currently be purchased for approximately $385.00.

How big of a company is First Citizens BancShares?

First Citizens BancShares has a market capitalization of $3.91 billion and generates $1.82 billion in revenue each year. First Citizens BancShares employs 7,176 workers across the globe.

What is First Citizens BancShares' official website?

The official website for First Citizens BancShares is www.firstcitizens.com.

How can I contact First Citizens BancShares?

First Citizens BancShares' mailing address is 4300 SIX FORKS ROAD, RALEIGH NC, 27609. The bank can be reached via phone at 919-716-7000.

This page was last updated on 5/30/2020 by MarketBeat.com Staff