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First Citizens BancShares (FCNCA)
NASDAQ:FCNCA
First Citizens BancShares (FCNCA) Stock Price & Analysis
175 Followers
FCNCA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$942.19 - $1,810.03
Previous Close$1,754.5
Volume107.44K
Average Volume (3M)83.03K
Market Cap
$25.30B
Enterprise Value$62.95B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$37.65B
Price to Earnings (P/E)9.7
Beta1.13
Next Earnings
Jul 30, 2024EPS Estimate
$44.35Next Dividend Ex-Date
May 31, 2024Dividend Yield0.27%
Share Statistics
EPS (TTM)180.15
Shares Outstanding14,524,615
10 Day Avg. Volume81,499
30 Day Avg. Volume83,027
Standard Deviation0.11
R-Squared0.17
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)1.29
Price to Sales (P/S)9.67
Price to Cash Flow (P/CF)7.10
P/FCF Ratio3.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.35
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$1,924.44Price Target Upside9.69% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
First Citizens BancShares News
PremiumCompany Announcements
First Citizens BancShares Clarifies Regulatory Disclosure StatusPremiumPress Releases
First Citizens BancShares Declares Dividends
Bulls Say, Bears Say
Bulls Say
Capital Return PlanFirst Citizens BancShares is positioned to potentially return more than 20% of its market capitalization to shareholders through buybacks.
Financial PerformanceFirst Citizens reported a strong quarter on most fronts, and provided a positive guidance update for net interest income and net charge-offs.
Stock ValuationShares are currently trading at a discount compared to peers, with room for multiple re-rating higher if First Citizens BancShares executes on its strategy.
Bears Say
Credit RiskThere was some modest negative credit migration as evidenced by sequential increases in net charge-offs and nonperforming loans.
Earnings ForecastLower EPS is expected largely on higher credit costs and lower buyback assumptions.
Financial PerformanceThe net interest margin contracted more than expected due to higher deposit costs and lower accretion on a GAAP basis.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
FCNCA FAQ
What was First Citizens BancShares’s price range in the past 12 months?
First Citizens BancShares lowest stock price was $942.19 and its highest was $1810.03 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 Jul 30, 2024 which is in 92 days.
How were First Citizens BancShares’s earnings last quarter?
First Citizens BancShares released its earnings results on Apr 25, 2024. The company reported $52.92 earnings per share for the quarter, beating the consensus estimate of $43.8 by $9.12.
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 $1.64 which represents an annual dividend yield of 0.27%. See more information on First Citizens BancShares dividends here
What is First Citizens BancShares’s EPS estimate?
First Citizens BancShares’s EPS estimate is $44.35.
How many shares outstanding does First Citizens BancShares have?
First Citizens BancShares has 13,519,430 shares outstanding.
What happened to First Citizens BancShares’s price movement after its last earnings report?
First Citizens BancShares reported an EPS of $52.92 in its last earnings report, beating expectations of $43.8. Following the earnings report the stock price went up 9.802%.
Which hedge fund is a major shareholder of First Citizens BancShares?
Among the largest hedge funds holding First Citizens BancShares’s share is Coatue Management, LLC. It holds First Citizens BancShares’s shares valued at 484M.
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First Citizens BancShares Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$1,924.44 (9.69% Upside)
$1,924.44 (9.69% Upside)
Blogger Sentiment
Bullish
FCNCA Sentiment 75%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 129.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 8.5%
Last 30 Days ▲ 5.5%
Last 30 Days ▲ 5.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
75.82%
12-Months-Change
Fundamentals
Return on Equity
13.05%
Trailing 12-Months
Asset Growth
1.48%
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
Q1 2024
0:00 / 0:00
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FCNCA Stock 12 Months Forecast
Average Price Target
$1,924.44
▲(9.69% Upside)
Technical Analysis
Best Analysts Covering FCNCA
1 Year
1 Year Success Rate
5/5 ratings generated profit
1 Year Average Return
+23.54%
reiterated a buy rating 25 days ago
Copying Steven Alexopoulos'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 +23.54% per trade.
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