New insider activity at First Citizens BancShares ( (FCNCA) ) has taken place on May 7, 2025.
Chairman & CEO Frank B. Jr. Holding has made a significant investment by purchasing 450 shares of First Citizens BancShares stock, with the total transaction valued at $724,500.
Recent Updates on FCNCA stock
First Citizens BancShares recently reported a strong financial performance in its Q1 earnings call, with significant growth in loan and deposit segments and effective capital management. However, the company faced challenges such as decreased noninterest income, margin compression, and macroeconomic uncertainties. Analysts have adjusted their price targets for First Citizens, citing reasons such as the likelihood of net interest income falling below the current guidance due to the company’s asset sensitivity and the current forward curve. Despite these challenges, some analysts remain optimistic about the bank’s potential to outgrow its peers when economic activity accelerates.
Spark’s Take on FCNCA Stock
According to Spark, TipRanks’ AI Analyst, FCNCA is a Outperform.
First Citizens BancShares demonstrates strong financial performance with consistent revenue growth and effective capital management. The technical indicators suggest some caution due to bearish trends, but valuation metrics indicate potential undervaluation. The company’s strategic approach and solid capital position provide confidence in navigating macroeconomic challenges.
To see Spark’s full report on FCNCA stock, click here.
More about First Citizens BancShares
YTD Price Performance: -12.68%
Average Trading Volume: 92,803
Technical Sentiment Signal: Buy
Current Market Cap: $24.6B