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First Citizens BancShares (FCNCA)
NASDAQ:FCNCA
Holding FCNCA?
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FCNCA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1,363.97 - $2,388.78
Previous Close$2,130.51
Volume160.97K
Average Volume (3M)95.19K
Market Cap
$28.64B
Enterprise Value$65.80B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$37.16B
Price to Earnings (P/E)11.9
Beta1.46
Next Earnings
Jan 23, 2025EPS Estimate
$39.14Last Dividend Ex-Date
Nov 29, 2024Dividend Yield0.33%
Share Statistics
EPS (TTM)174.52
Shares Outstanding13,989,495
10 Day Avg. Volume90,309
30 Day Avg. Volume95,195
Standard Deviation0.12
R-Squared0.14
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)1.36
Price to Sales (P/S)2.99
Price to Cash Flow (P/CF)7.30
P/FCF Ratio3.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.70
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$2,318.18Price Target Upside8.81% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
First Citizens BancShares News
PremiumCompany Announcements
First Citizens BancShares Strengthens Board with New Appointment
Bulls Say, Bears Say
Bulls Say
Loan And Deposit GrowthManagement noted that SVB loan and deposit growth could potentially recover with lower rates as declines over the past couple years aren't structural.
Positive Financial ActionsThe recent buyback announcement is viewed as a positive.
Stability And PerformanceFCNCA has performed well since its acquisition of SVB and deposits in this business have stabilized.
Bears Say
Capital ManagementThe capacity for buybacks beyond the initial $3.5 billion authorization could be incrementally constrained as the company manages its CET1 on an adjusted basis.
Financial PerformanceFirst Citizens reported a challenged quarter and noted guidance for 2024 and 2025 reflect headwinds related to lower rates.
Loan GrowthLoan growth guidance on a period-end basis was decreased to $138-$140 bn vs. prior guidance of $143-$146 bn.
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Ownership Overview
36.89% Insiders
24.56% Mutual Funds
24.98% Other Institutional Investors
0.90% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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FCNCA FAQ
What was First Citizens BancShares’s price range in the past 12 months?
First Citizens BancShares lowest stock price was $1363.97 and its highest was $2388.78 in the past 12 months.
What is First Citizens BancShares’s market cap?
Currently, no data Available
When is First Citizens BancShares’s upcoming earnings report date?
First Citizens BancShares’s upcoming earnings report date is Jan 23, 2025 which is in 32 days.
How were First Citizens BancShares’s earnings last quarter?
First Citizens BancShares released its earnings results on Oct 24, 2024. The company reported $45.87 earnings per share for the quarter, missing the consensus estimate of $47.097 by -$1.227.
Is First Citizens BancShares overvalued?
According to Wall Street analysts First Citizens BancShares’s price is currently Undervalued.
Does First Citizens BancShares pay dividends?
First Citizens BancShares pays a Quarterly dividend of $1.95 which represents an annual dividend yield of 0.33%. See more information on First Citizens BancShares dividends here
What is First Citizens BancShares’s EPS estimate?
First Citizens BancShares’s EPS estimate is $39.14.
How many shares outstanding does First Citizens BancShares have?
First Citizens BancShares has 12,984,310 shares outstanding.
What happened to First Citizens BancShares’s price movement after its last earnings report?
First Citizens BancShares reported an EPS of $45.87 in its last earnings report, missing expectations of $47.097. Following the earnings report the stock price went down -9.731%.
Which hedge fund is a major shareholder of First Citizens BancShares?
Among the largest hedge funds holding First Citizens BancShares’s share is Egerton Capital (UK) LLP. It holds First Citizens BancShares’s shares valued at 458M.
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First Citizens BancShares Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$2,318.18 (8.81% Upside)
$2,318.18 (8.81% Upside)
Blogger Sentiment
Bullish
FCNCA Sentiment 83%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 90.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 4.6%
Last 30 Days ▼ 6.6%
Last 30 Days ▼ 6.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
51.76%
12-Months-Change
Fundamentals
Return on Equity
11.99%
Trailing 12-Months
Asset Growth
3.18%
Trailing 12-Months
Company Description
First Citizens BancShares
First Citizens BancShares, Inc. is a bank holding company, which engages in the provision of retail and commercial banking services through its subsidiary. It operates through the following business lines: Card Holder and Merchant Services; Services Charges on Deposit Accounts; Wealth Management Services; Other Service Charges and Fees; Insurance Commissions; ATM Income; and Other. The Card Holder and Merchant Services business lines include interchange fees from customer debut and credit card transactions. The Services Charges on Deposit Accounts business line represent monthly account maintenance and transaction-based service fees. The Wealth Management Services business line comprises sales commissions on various product offerings, transaction fees, and trust and asset management fees. The Other Service Charges and Fees business line encompasses check cashing fees, international banking fees, internet banking fees, wire transfer fees and safe deposit fees. The Insurance Commissions business line focuses in the commissions earned on the issuance of insurance products and services. The ATM income covers customers and non-customers for engaging in an ATM transaction. The Other business line composes several forms of recurring revenue such as FHLB dividends and income earned on changes in the cash surrender value of bank-owned life insurance. The company was founded on August 7, 1986 and is headquartered in Raleigh, NC.
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FCNCA Company Deck
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FCNCA Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a mixed view with strong financial results, solid deposit growth, and successful share repurchases as positives. However, challenges such as a decline in the loan portfolio, increased net charge-offs, and higher noninterest expense presented significant headwinds.Read More>---
FCNCA Stock 12 Month Forecast
Average Price Target
$2,318.18
▲(8.81% Upside)
Technical Analysis
Western Alliance
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Zions Bancorporation National Association
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First Horizon
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Commerce Bancshares
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Best Analysts Covering FCNCA
1 Year
1 Year Success Rate
2/2 ratings generated profit
1 Year Average Return
+34.65%
reiterated a buy rating 9 months ago
Copying Erika Najarian's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +34.65% per trade.
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