NASDAQ:FCNCA First Citizens BancShares (FCNCA) Stock Price, News & Analysis $1,965.18 +25.61 (+1.32%) (As of 09/20/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get First Citizens BancShares alerts: Email Address About First Citizens BancShares Stock (NASDAQ:FCNCA) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get FCNCA alerts:Sign Up Key Stats Today's Range$1,936.09▼$1,968.1650-Day Range$1,748.90▼$2,128.5152-Week Range$1,274.91▼$2,174.80Volume131,213 shsAverage Volume85,770 shsMarket Capitalization$28.55 billionP/E Ratio10.91Dividend Yield0.33%Price Target$1,927.90Consensus RatingModerate Buy Company OverviewFirst 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 mortgage; and commercial and industrial leases, as well as small business administration loans. In addition, the company offers consumer loans, such as residential and revolving mortgage, consumer auto, and other consumer loans. Further, it provides wealth management services, including annuities, brokerage services, and third-party mutual funds, as well as investment management and advisory services. The company provides its products and services through its branch network. First Citizens BancShares, Inc. was founded in 1898 and is headquartered in Raleigh, North Carolina.Read More… We recommended Nvidia in 2016, now we’re recommending this… (Ad)The AI boom is just getting started. And the real wealth has still to be made…You must read this new presentation from Porter Stansberry. First Citizens BancShares Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 93rd PercentileFirst Citizens BancShares scored higher than 93% of companies evaluated by MarketBeat, and ranked 100th out of 904 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.3 / 5Analyst RatingModerate Buy Consensus RatingFirst Citizens BancShares has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 6 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageFirst Citizens BancShares has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about First Citizens BancShares' stock forecast and price target. Earnings and Valuation1.9 / 5Proj. Earnings Growth0.26% Earnings GrowthEarnings for First Citizens BancShares are expected to grow by 0.26% in the coming year, from $200.92 to $201.45 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Citizens BancShares is 10.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.66.Price to Earnings Ratio vs. SectorThe P/E ratio of First Citizens BancShares is 10.91, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.06.Price to Book Value per Share RatioFirst Citizens BancShares has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about First Citizens BancShares' valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.59% of the outstanding shares of First Citizens BancShares have been sold short.Short Interest Ratio / Days to CoverFirst Citizens BancShares has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in First Citizens BancShares has recently increased by 6.61%, indicating that investor sentiment is decreasing significantly. Dividend2.5 / 5Dividend StrengthModerate Dividend YieldFirst Citizens BancShares has a dividend yield of 0.36%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthFirst Citizens BancShares has been increasing its dividend for 7 years.Dividend CoverageThe dividend payout ratio of First Citizens BancShares is 3.64%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, First Citizens BancShares will have a dividend payout ratio of 3.26% next year. This indicates that First Citizens BancShares will be able to sustain or increase its dividend.Read more about First Citizens BancShares' dividend. Sustainability and ESG3.7 / 5Environmental Score-0.49 Percentage of Shares Shorted1.59% of the outstanding shares of First Citizens BancShares have been sold short.Short Interest Ratio / Days to CoverFirst Citizens BancShares has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in First Citizens BancShares has recently increased by 6.61%, indicating that investor sentiment is decreasing significantly. News and Social Media3.3 / 5News Sentiment1.00 News SentimentFirst Citizens BancShares has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 8 news articles for First Citizens BancShares this week, compared to 6 articles on an average week.Search Interest13 people have searched for FCNCA on MarketBeat in the last 30 days. This is an increase of 63% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added First Citizens BancShares to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, First Citizens BancShares insiders have not sold or bought any company stock.Percentage Held by Insiders13.40% of the stock of First Citizens BancShares is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions61.18% 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.Read more about First Citizens BancShares' insider trading history. Receive FCNCA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Citizens BancShares and its competitors with MarketBeat's FREE daily newsletter. Email Address FCNCA Stock News HeadlinesStock Market Today: Dow finishes above 42,000 for first time in history after Fed's big rate cutSeptember 19 at 9:49 PM | marketwatch.comFirst Citizens BancShares, Inc. (NASDAQ:FCNCA) Short Interest UpdateSeptember 19 at 10:37 AM | americanbankingnews.comWe recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. And the real wealth has still to be made…September 20, 2024 | Porter & Company (Ad)AIG names new CFO; Progyny Drops 24% After Losing Key 2025 Contract; Exicure Jumps 190% With Nasdaq ExtensionSeptember 19 at 6:48 AM | msn.comBlackRock Equity Dividend Fund Q2 2024 CommentarySeptember 17 at 11:37 AM | seekingalpha.comFirst Citizens BancShares, Inc. (NASDAQ:FCNCA) Given Consensus Recommendation of "Moderate Buy" by AnalystsSeptember 13, 2024 | americanbankingnews.comHead-To-Head Survey: First Citizens BancShares (NASDAQ:FCNCA) & Prime Meridian (OTCMKTS:PMHG)September 12, 2024 | americanbankingnews.comIf You Invested $1000 In This Stock 10 Years Ago, You Would Have $8,700 TodaySeptember 10, 2024 | benzinga.comSee More Headlines FCNCA Stock Analysis - Frequently Asked Questions How have FCNCA shares performed this year? First Citizens BancShares' stock was trading at $1,418.97 on January 1st, 2024. Since then, FCNCA shares have increased by 38.5% and is now trading at $1,965.18. View the best growth stocks for 2024 here. How were First Citizens BancShares' earnings last quarter? First Citizens BancShares, Inc. (NASDAQ:FCNCA) released its quarterly earnings data on Thursday, July, 25th. The bank reported $50.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $44.91 by $5.96. The bank had revenue of $3.77 billion for the quarter, compared to analyst estimates of $2.30 billion. First Citizens BancShares had a net margin of 18.19% and a trailing twelve-month return on equity of 14.84%. Is First Citizens BancShares doing a stock buyback? First Citizens BancShares' Board of Directors initiated a share repurchase plan on Thursday, July 25th 2024, which authorizes the company to repurchase $3,500,000,000 in shares, according to EventVestor. This means that the company could repurchase up to 12.3% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board of directors believes its stock is undervalued. Who are First Citizens BancShares' major shareholders? Top institutional investors of First Citizens BancShares include Dimensional Fund Advisors LP (1.07%), First Citizens Bank & Trust Co. (0.63%), Systematic Financial Management LP (0.41%) and Reinhart Partners LLC. (0.39%). Insiders that own company stock include Olivia Britton Holding, Frank B Holding Jr, Jeffery L Ward, Harold Lee Durham Jr, Hope Holding Bryant, Craig L Nix, Marisa Harney, Robert T Newcomb, Daniel L Heavner, Ellen R Alemany, Robert R Hoppe, Eugene Flood Jr 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Company Calendar Last Earnings7/25/2024Ex-Dividend for 9/16 Dividend8/30/2024Dividend Payable9/16/2024Today9/20/2024Next Earnings (Estimated)10/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryRegional Banks Current SymbolNASDAQ:FCNCA CUSIP31946M10 CIK798941 Webwww.firstcitizens.com Phone(919) 716-7000Fax919-716-7074Employees16,021Year FoundedN/APrice Target and Rating Average Stock Price Target$1,927.90 High Stock Price Target$2,300.00 Low Stock Price Target$1,520.00 Potential Upside/Downside-1.1%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$180.13 Trailing P/E Ratio10.83 Forward P/E Ratio9.71 P/E GrowthN/ANet Income$11.47 billion Net Margins18.19% Pretax Margin24.84% Return on Equity14.84% Return on Assets1.41% Debt Debt-to-Equity Ratio1.72 Current Ratio1.08 Quick Ratio1.08 Sales & Book Value Annual Sales$9.77 billion Price / Sales2.90 Cash Flow$188.22 per share Price / Cash Flow10.36 Book Value$1,403.16 per share Price / Book1.39Miscellaneous Outstanding Shares14,530,000Free Float12,583,000Market Cap$28.33 billion OptionableOptionable Beta0.82 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Should I Buy First Citizens BancShares Stock? FCNCA Pros and Cons Explained These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, September 3, 2024. Please send any questions or comments about these First Citizens BancShares pros and cons to contact@marketbeat.com. First Citizens BancShares Bull Case Here are some ways that investors could benefit from investing in First Citizens BancShares, Inc.: First Citizens BancShares has a strong dividend yield of 0.33%, providing investors with a steady income stream. The company has a low payout ratio of 3.64%, indicating that it has room for potential dividend increases or reinvestment in the business. Recent analyst ratings have been positive, with several analysts upgrading the stock and setting higher price targets, suggesting growth potential. First Citizens BancShares reported strong earnings results, beating analyst estimates and demonstrating solid financial performance. The stock price of First Citizens BancShares has been showing an upward trend, reaching $2,015.05, which may indicate positive market sentiment. First Citizens BancShares Bear Case Investors should be bearish about investing in First Citizens BancShares, Inc. for these reasons: The dividend yield of 0.33% may be considered low by some investors seeking higher income-generating investments. Market volatility and economic uncertainties could impact the stock price of First Citizens BancShares, leading to potential fluctuations in investment value. While recent analyst ratings have been positive, there is always a risk of changes in market conditions or company performance affecting stock performance. First Citizens BancShares operates in the financial sector, which can be sensitive to interest rate changes and regulatory developments, posing risks to investors. Investors should carefully consider their risk tolerance and investment goals before investing in First Citizens BancShares, as with any stock. This page (NASDAQ:FCNCA) was last updated on 9/20/2024 by MarketBeat.com Staff From Our PartnersHow the US Will Win the Great Lithium RaceChina spent $60B+ on lithium infrastructure in the past decade. It possesses 7.9% of the world’s supply, but i...DealMaker | SponsoredThe Perfect Storm for an EV RevoltWith constant talk about Artifical Intelligence, inflation, and the upcoming election clogging the airwaves......Eagle Publishing | SponsoredThe election trade you can't losePolitics is an unpredictable game. But no matter what happens in the next few months... 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