First Citizens BancShares
FCNCA
Market cap $31B

2,217.73 USD

+23.31

1.06%

At close Nov 19, 4:00 PM EST

After hours

2,217.73

+0.00

0.00%

1 day

1.06%

5 days

0.97%

1 month

7.71%

3 months

9.60%

6 months

25.76%

Year to date

54.13%

1 year

52.41%

5 years

327.58%

10 years

804.79%

About: First Citizens BancShares Inc is the bank holding company of First Citizens Bank & Trust Company. FCB was founded as the Bank of Smithfield in North Carolina and has expanded through both de novo branching and acquisitions. FCB currently operates in nearly half of the continental United States, but principally takes deposits in the Carolinas. The bank's operations have historically been influenced by the Holding family, which has traditionally held executive and director positions, as well as controlling a large percentage of its outstanding stock. FCB provides a wide range of retail and commercial banking services, including traditional lending and deposit-taking, as well as trust and wealth management. FCB's main source of revenue is net interest income.

Employees: 16,021

Financials State Commercial Banks

0

Funds holding %

of 6,735 funds

0

Analysts bullish %

of 3 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

11% more call options, than puts

Call options by funds: $238M | Put options by funds: $214M

3% more capital invested

Capital invested by funds: $15.2B [Q2] → $15.7B (+$468M) [Q3]

1% more first-time investments, than exits

New positions opened: 72 | Existing positions closed: 71

0% more funds holding

Funds holding: 565 [Q2] → 566 (+1) [Q3]

5% less repeat investments, than reductions

Existing positions increased: 193 | Existing positions reduced: 203

3.34% less ownership

Funds ownership: 66.86% [Q2] → 63.52% (-3.34%) [Q3]

23% less funds holding in top 10

Funds holding in top 10: 22 [Q2] → 17 (-5) [Q3]

See Fund Rankings

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$2,000

10%

downside

Avg. target

$2,150

3%

downside

High target

$2,300

4%

upside

3 analyst ratings

1 positive

33%

2 neutral

67%

0 negative

0%

JP Morgan Anthony Elian 20% 1-year accuracy 1 / 5 met price target	4%upside $2,300	Overweight Maintained	25 Oct 2024
Wedbush David Chiaverini 88% 1-year accuracy 29 / 33 met price target	10%downside $2,000	Neutral Maintained	25 Oct 2024
Wedbush David Chiaverini 88% 1-year accuracy 29 / 33 met price target	3%downside $2,150	Neutral Downgraded	24 Sept 2024

See Analyst Rankings

Financial journalist opinion

Based on 14 articles about FCNCA published over the past 30 days

Squire Secures $35 Million in Debt Financing from Silicon Valley Bank

Financing provided by SVB's Enterprise Software Group NEW YORK , Nov. 19, 2024 /PRNewswire/ -- Silicon Valley Bank (SVB) , a division of First Citizens Bank, today announced it has provided $35 million in debt financing to Squire Technologies Inc ., a leading full-scale management and point of sale (POS) system that helps barbershop owners scale their businesses and increase clientele while also reducing the amount of time spent in back-office operations.

Squire Secures $35 Million in Debt Financing from Silicon Valley Bank

Tradepulse Power Inflow Alert: First Citizens Bancshares Inc. Rises Over 100 Points After Signal

First Citizens BancShares, Inc. today experienced a Power Inflow, a significant event for those who follow where smart money goes and value order flow analytics in their trading decisions.

Tradepulse Power Inflow Alert: First Citizens Bancshares Inc. Rises Over 100 Points After Signal

2 Stocks to Buy as Election Reality Kicks In

As we enter one of the most tumultuous weeks of 2024, the familiar drumbeat of election-year predictions has reached a fever pitch.

2 Stocks to Buy as Election Reality Kicks In

Bugcrowd Secures $50 Million Growth Capital Facility from Silicon Valley Bank

Financing provided by SVB's Enterprise Software Group SAN FRANCISCO , Oct. 31, 2024 /PRNewswire/ -- Silicon Valley Bank (SVB) , a division of First Citizens Bank, today announced it has provided a $50 million growth capital facility to Bugcrowd , a leading provider of crowdsourced cybersecurity solutions. Bugcrowd brings the collective ingenuity of organizations and hackers to mitigate vulnerabilities across all applications, systems, and infrastructure.

Bugcrowd Secures $50 Million Growth Capital Facility from Silicon Valley Bank

First Citizens Bank Offering Tax Equity Investments in Renewable Energy Projects

NEW YORK , Oct. 29, 2024 /PRNewswire/ -- First Citizens Bank today announced that its Energy Finance business is introducing a new tax equity investment product to help finance renewable energy projects. Tax equity products enable qualified investors to reap the benefits of various tax incentives aimed at promoting the development of renewable energy.

First Citizens Bank Offering Tax Equity Investments in Renewable Energy Projects

First Citizens BancShares: One Of The Banks To Own In A Potential Trump Presidency

The financial sector is expected to benefit significantly from the loosening of bank regulation under Trump. First Citizens BancShares is an asset-sensitive bank and thrives in a high interest environment. Trump's trade and immigration policies definitely make the case for higher inflation going forward.

First Citizens BancShares: One Of The Banks To Own In A Potential Trump Presidency

Most Affluent Business Owners Lack Confidence in Valuing Their Business, Planning Exit Strategy

RALEIGH, N.C. , Oct. 28, 2024 /PRNewswire/ -- First Citizens Wealth, the wealth management division of First Citizens Bank, today published new results from its "Beyond Wealth" study that offer fresh insights about affluent business owners.

Most Affluent Business Owners Lack Confidence in Valuing Their Business, Planning Exit Strategy

First Citizens BancShares, Inc. (FCNCA) Q3 2024 Earnings Call Transcript

First Citizens BancShares, Inc. (NASDAQ:FCNCA ) Q3 2024 Earnings Call Transcript October 24, 2024 9:00 AM ET Company Participants Deanna Hart - Head of Investor Relations Frank Holding - Chairman and CEO Craig Nix - Chief Financial Officer Tom Eklund - Treasurer Marc Cadieux - President of Silicon Valley Bank, a division of First Citizens Bank Conference Call Participants Chris McGratty - KBW David Long - Raymond James Ryan Nash - Goldman Sachs Christopher Marinac - Janney Montgomery Scott Operator Ladies and gentlemen, thank you for standing by. And welcome to the First Citizens Bancshares' Third Quarter 2024 Earnings Conference Call.

First Citizens BancShares, Inc. (FCNCA) Q3 2024 Earnings Call Transcript

Zacks Investment Research

First Citizens (FCNCA) Reports Q3 Earnings: What Key Metrics Have to Say

The headline numbers for First Citizens (FCNCA) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

First Citizens (FCNCA) Reports Q3 Earnings: What Key Metrics Have to Say

Zacks Investment Research

First Citizens BancShares (FCNCA) Q3 Earnings Lag Estimates

First Citizens BancShares (FCNCA) came out with quarterly earnings of $45.87 per share, missing the Zacks Consensus Estimate of $47.94 per share. This compares to earnings of $55.92 per share a year ago.

First Citizens BancShares (FCNCA) Q3 Earnings Lag Estimates

See News Rankings

Charts implemented using Lightweight Charts™