First Citizens BancSharesFCNCA
FCNCA
About: First Citizens BancShares Inc is the bank holding company of First Citizens Bank and Trust Company. The company's segments include the General Bank, the Commercial Bank, SVB Commercial, and Rail. The General Bank segment delivers products and services to consumers and businesses through our extensive network of branches and various digital channels. The Commercial Bank segment provides financial services, including lending, leasing, and advisory, to small and mid-market businesses across various industries. The SVB Commercial provides financial services to innovators, investors, and venture firms. The Rail segment provides tailored leasing and financing for railcars and locomotives across North America. It generates the majority of its revenue from the General Banking segment.
Employees: 17,475
0
Funds holding %
of 7,407 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
69% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 51
18% more funds holding in top 10
Funds holding in top 10: 17 [Q3] → 20 (+3) [Q4]
13% more capital invested
Capital invested by funds: $15.7B [Q3] → $17.8B (+$2.09B) [Q4]
4% more funds holding
Funds holding: 576 [Q3] → 601 (+25) [Q4]
1.3% more ownership
Funds ownership: 63.58% [Q3] → 64.88% (+1.3%) [Q4]
20% less call options, than puts
Call options by funds: $177M | Put options by funds: $220M
20% less repeat investments, than reductions
Existing positions increased: 175 | Existing positions reduced: 220
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$2,200
28%
upside
Avg. target
$2,400
40%
upside
High target
$2,600
51%
upside
5 analyst ratings
3 positive
60%
2 neutral
40%
0 negative
0%
Goldman Sachs Ryan Nash 41% 1-year accuracy 11 / 27 met price target | 28%upside $2,200 | Buy Maintained | 18 Mar 2025 |
Piper Sandler Stephen Scouten 26% 1-year accuracy 7 / 27 met price target | 31%upside $2,250 | Overweight Upgraded | 11 Mar 2025 |
Truist Securities Brian Foran 19% 1-year accuracy 3 / 16 met price target | 39%upside $2,384 | Hold Maintained | 29 Jan 2025 |
Barclays Jason Goldberg 47% 1-year accuracy 28 / 60 met price target | 50%upside $2,568 | Equal-Weight Maintained | 27 Jan 2025 |
Keefe, Bruyette & Woods Christopher Mcgratty 25% 1-year accuracy 4 / 16 met price target | 51%upside $2,600 | Outperform Maintained | 27 Jan 2025 |
Financial journalist opinion
Based on 4 articles about FCNCA published over the past 30 days
Positive
Zacks Investment Research
2 days ago
First Citizens BancShares (FCNCA) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
First Citizens (FCNCA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
CNBC Television
1 week ago
Final Trades: Berkshire Hathaway, First Citizens Bancshares and KLA Corp
The Investment Committee give you their top stocks to watch for the second half.
Neutral
PRNewsWire
2 weeks ago
First Citizens BancShares, Inc. Announces Date of 2025 First Quarter Earnings Call
RALEIGH, N.C. , April 2, 2025 /PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (NASDAQ: FCNCA) today announced that it will report its financial results for the quarter ended March 31, 2025, before the U.S. financial markets open on Thursday, April 24, 2025.
Neutral
Business Wire
3 weeks ago
Connectivity Wireless Secures $200 million of capital from First Citizens Bank and Post Road Group to Accelerate Growth
BOCA RATON, Fla.--(BUSINESS WIRE)--Connectivity Wireless, an M|C Partners backed platform and leading provider of in-building wireless solutions, today announced it has successfully secured a $110 million senior debt facility with an additional $30 million available at a later date led by First Citizens Bank. In addition, the company received a $60 million growth investment led by Post Road Group, with participation from Boundary Street Capital, further strengthening its financial position and.
Neutral
Benzinga
1 month ago
5 Oversold Stocks To Consider As Market Enters Correction
The S&P 500 had another bloody day on Thursday, once again dropping more than 1% and officially entering correction territory. A correction is typically defined as a 10% drop from all-time highs and while they're common even in bull market years, the speed of the most recent drop has investors jittery.
Neutral
PRNewsWire
1 month ago
Peregrine Energy Solutions Announces the Closing of a $53 Million Preferred Equity Commitment with Bildmore Clean Energy and $115 Million Debt Facilities with First Citizens Bank and Nomura Securities International, Inc.
BOULDER, Colo. , March 17, 2025 /PRNewswire/ -- Peregrine Energy Solutions LLC ("Peregrine"), an integrated multi-technology clean energy platform with a focus on utility-scale storage, announced today it has closed a $53 million preferred equity commitment with Bildmore Clean Energy for a 150MW battery energy storage project that's currently under construction.
Negative
Seeking Alpha
1 month ago
Growing Economic Fears Hitting First Citizens Bancshares Hard
First Citizens Bancshares (FCNCA) faces challenges due to its commercial focus and rate sensitivity, with weaker loan demand and lower rates both threatening 2025/26 expectations. First Citizens has seen above-average spread compression, but fee-based income has been growing well and credit costs appear to be under control. Economic uncertainty and potential recession risks lead me to more conservative estimates for 2025-2027, including likely year-over-year contraction in pre-provision profits in 2025.
Neutral
PRNewsWire
1 month ago
Silicon Valley Bank and Pinegrove Venture Partners Announce Lending Relationship
Relationship will extend availability of venture debt to technology and life science companies nationwide SAN FRANCISCO , March 12, 2025 /PRNewswire/ -- Silicon Valley Bank (SVB), a division of First Citizens Bank, announced today it has entered into a strategic lending relationship with Pinegrove Venture Partners (Pinegrove). SVB and Pinegrove expect to deploy a combined $2.5 billion in venture debt loans to technology and life science companies over the coming years.
Positive
PYMNTS
2 months ago
First Citizens Bank and Sixth Street Partner on Equipment Financing
First Citizens Bank and global investment firm Sixth Street have launched a new platform designed to provide flexible capital equipment financing solutions to middle market companies. Dubbed Sixty-First Commercial Finance, the platform is a joint venture between Sixth Street's Asset Based Finance platform and First Citizens Bank, the companies said in a Wednesday (Feb.
Neutral
PRNewsWire
2 months ago
First Citizens Bank and Sixth Street Announce Launch of Sixty-First Commercial Finance to Provide Flexible Capital Equipment Financing Solutions to Middle Market Companies
NEW YORK , Feb. 5, 2025 /PRNewswire/ -- First Citizens Bank and Sixth Street, a leading global investment firm, today announced the launch of Sixty-First Commercial Finance, a new platform managed by First Citizens Institutional Asset Management, LLC and designed to provide flexible capital equipment financing solutions to middle market companies. A joint venture between Sixth Street's Asset Based Finance platform and First Citizens Bank, Sixty-First Commercial Finance will leverage the well-established capabilities and expertise of both institutions to provide mid- and large-ticket capital equipment financings ranging from $5 million to $100 million, with diverse coverage across equipment asset types and industries.
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