First Citizens BancShares (FCNCA) Stock Price, News & Analysis

Company Overview

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. 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.

Key Stats

• Today's Range: $2,105.92 to $2,117.99
• 50-Day Range: $2,029.36 to $2,231.14
• 52-Week Range: $1,500.94 to $2,412.93
• Volume: 11,594 shs
• Average Volume: 65,811 shs
• Market Capitalization: $29.59 billion
• P/E Ratio: 11.17
• Dividend Yield: 0.37%
• Price Target: $2,323.50
• Consensus Rating: Moderate Buy

First Citizens BancShares Stock Analysis - MarketRank™

First Citizens BancShares scored higher than 97% of companies evaluated by MarketBeat, and ranked 42nd out of 932 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

First Citizens BancShares has received a consensus rating of Moderate Buy. The company's average rating score is 2.54, and is based on 7 buy ratings, 6 hold ratings, and no sell ratings.

Amount of Analyst Coverage

First Citizens BancShares has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 15.57%

Earnings Growth

Earnings for First Citizens BancShares are expected to grow by 15.57% in the coming year, from $167.59 to $193.69 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of First Citizens BancShares is 11.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.35.

Price to Earnings Ratio vs. Sector

The P/E ratio of First Citizens BancShares is 11.18, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.19.

Price to Earnings Growth Ratio

First Citizens BancShares has a PEG Ratio of 0.96. PEG Ratios around 1 indicate that a company is correctly valued.

Price to Book Value per Share Ratio

First Citizens BancShares has a P/B Ratio of 1.51. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.33% of the outstanding shares of First Citizens BancShares have been sold short.

Short Interest Ratio / Days to Cover

First Citizens BancShares has a short interest ratio ("days to cover") of 4.

Change versus previous month

Short interest in First Citizens BancShares has recently decreased by 6.24%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

First Citizens BancShares has a dividend yield of 0.36%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

First Citizens BancShares does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of First Citizens BancShares is 4.12%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, First Citizens BancShares will have a dividend payout ratio of 4.03% next year. This indicates that First Citizens BancShares will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.7 / 5
• Environmental Score: -0.49

Percentage of Shares Shorted

2.33% of the outstanding shares of First Citizens BancShares have been sold short.

Short Interest Ratio / Days to Cover

First Citizens BancShares has a short interest ratio ("days to cover") of 4.

Change versus previous month

Short interest in First Citizens BancShares has recently decreased by 6.24%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.35

News Sentiment

First Citizens BancShares has a news sentiment score of 1.35. 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 0.87 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 15 news articles for First Citizens BancShares this week, compared to 8 articles on an average week.

MarketBeat Follows

Only 5 people have added First Citizens BancShares to their MarketBeat watchlist in the last 30 days. This is a decrease of -44% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, First Citizens BancShares insiders have not sold or bought any company stock.

Percentage Held by Insiders

13.40% 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 Institutions

78.01% 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.

FCNCA Stock Analysis - Frequently Asked Questions

How have FCNCA shares performed this year?

First Citizens BancShares' stock was trading at $2,113.02 at the beginning of the year. Since then, FCNCA shares have increased by 0.2% and is now trading at $2,117.3750.
View the best growth stocks for 2025 here.

How were First Citizens BancShares' earnings last quarter?

First Citizens BancShares, Inc. (NASDAQ:FCNCA) issued its quarterly earnings data on Friday, January, 24th. The bank reported $45.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $39.32 by $5.78. First Citizens BancShares had a trailing twelve-month return on equity of 13.22% and a net margin of 18.55%.

Is First Citizens BancShares doing a stock buyback?

First Citizens BancShares' board authorized a stock buyback program on Thursday, July 25th 2024, which authorizes the company to buy back $3,500,000,000 in shares, according to EventVestor. This means that the company could purchase up to 12.3% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's board believes its shares are undervalued.

Who are First Citizens BancShares' major shareholders?

First Citizens BancShares' top institutional shareholders include Vanguard Group Inc. (7.40%), Capital Research Global Investors (4.47%), JPMorgan Chase & Co. (2.80%) and FMR LLC (2.56%). 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.

Company Calendar

• Ex-Dividend for 12/16 Dividend: 11/29/2024
• Dividend Payable: 12/16/2024
• Last Earnings: 1/24/2025
• Today: 2/21/2025
• Ex-Dividend for 3/17 Dividend: 2/28/2025
• Dividend Payable: 3/17/2025
• Next Earnings (Estimated): 4/24/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:FCNCA
• CUSIP: 31946M10
• CIK: 798941
• Web: www.firstcitizens.com
• Phone: (919) 716-7000
• Fax: 919-716-7074
• Employees: 16,021
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $2,323.50
• High Stock Price Target: $2,700.00
• Low Stock Price Target: $1,650.00
• Potential Upside/Downside: +9.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.54
• Research Coverage: 13 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $189.43
• Trailing P/E Ratio: 11.18
• Forward P/E Ratio: 12.63
• P/E Growth: 0.97
• Net Income: $2.78 billion
• Net Margins: 18.55%
• Pretax Margin: 23.91%
• Return on Equity: 13.22%
• Return on Assets: 1.30%

Debt

• Debt-to-Equity Ratio: 1.68
• Current Ratio: 1.08
• Quick Ratio: 1.08

Sales & Book Value

• Annual Sales: $14.97 billion
• Price / Sales: 1.98
• Cash Flow: $171.70 per share
• Price / Cash Flow: 12.33
• Book Value: $1,403.16 per share
• Price / Book: 1.51

Miscellaneous

• Outstanding Shares: 13,990,000
• Free Float: 12,114,000
• Market Cap: $29.62 billion
• Optionable: Optionable
• Beta: 0.85