What is DA Davidson's Estimate for FCNCA Q1 Earnings?

First Citizens BancShares, Inc. (NASDAQ:FCNCA - Free Report) - Equities research analysts at DA Davidson issued their Q1 2025 earnings per share estimates for shares of First Citizens BancShares in a research report issued on Tuesday, February 11th. DA Davidson analyst M. Navas anticipates that the bank will post earnings per share of $36.40 for the quarter. The consensus estimate for First Citizens BancShares' current full-year earnings is $165.15 per share. DA Davidson also issued estimates for First Citizens BancShares' FY2026 earnings at $191.20 EPS.

Several other equities research analysts have also recently commented on the company. Keefe, Bruyette & Woods lifted their target price on First Citizens BancShares from $2,500.00 to $2,600.00 and gave the company an "outperform" rating in a research note on Monday, January 27th. Truist Financial lifted their target price on First Citizens BancShares from $2,303.00 to $2,384.00 and gave the company a "hold" rating in a research note on Wednesday, January 29th. Barclays lifted their target price on First Citizens BancShares from $2,456.00 to $2,568.00 and gave the company an "equal weight" rating in a research note on Monday, January 27th. Citigroup cut First Citizens BancShares from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, December 17th. Finally, Wedbush decreased their price objective on First Citizens BancShares from $2,150.00 to $2,000.00 and set a "neutral" rating for the company in a research note on Friday, October 25th. Seven equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $2,323.50.

First Citizens BancShares Price Performance

FCNCA traded up $34.47 during trading on Wednesday, hitting $2,141.49. The company's stock had a trading volume of 34,868 shares, compared to its average volume of 70,091. The firm's 50 day moving average price is $2,143.80 and its two-hundred day moving average price is $2,066.14. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.68. First Citizens BancShares has a 12 month low of $1,475.85 and a 12 month high of $2,412.93. The stock has a market capitalization of $29.96 billion, a price-to-earnings ratio of 11.30, a price-to-earnings-growth ratio of 1.00 and a beta of 0.85.

First Citizens BancShares (NASDAQ:FCNCA - Get Free Report) last posted its earnings results on Friday, January 24th. The bank reported $45.10 EPS for the quarter, topping the consensus estimate of $39.32 by $5.78. First Citizens BancShares had a return on equity of 13.22% and a net margin of 18.55%.

Hedge Funds Weigh In On First Citizens BancShares

A number of hedge funds have recently added to or reduced their stakes in the stock. Financial Life Planners acquired a new stake in shares of First Citizens BancShares in the 4th quarter valued at $33,000. Hemington Wealth Management boosted its holdings in shares of First Citizens BancShares by 60.0% in the 4th quarter. Hemington Wealth Management now owns 16 shares of the bank's stock valued at $33,000 after purchasing an additional 6 shares in the last quarter. Duncker Streett & Co. Inc. acquired a new stake in shares of First Citizens BancShares in the 4th quarter valued at $36,000. Mather Group LLC. boosted its holdings in shares of First Citizens BancShares by 38.5% in the 4th quarter. Mather Group LLC. now owns 18 shares of the bank's stock valued at $38,000 after purchasing an additional 5 shares in the last quarter. Finally, Asset Planning Inc acquired a new stake in shares of First Citizens BancShares in the 4th quarter valued at $38,000. Institutional investors own 78.01% of the company's stock.

First Citizens BancShares Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 28th will be paid a dividend of $1.95 per share. The ex-dividend date is Friday, February 28th. This represents a $7.80 dividend on an annualized basis and a dividend yield of 0.36%. First Citizens BancShares's dividend payout ratio (DPR) is currently 4.12%.

First Citizens BancShares Company Profile

First 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.