First Citizens BancShares, Inc. Class B (FCNCB) AI Stock Analysis

Company Guidance

For the fourth quarter of 2026, First Citizens guided to loans of $158 billion-$161 billion, deposits between $189 billion and $192 billion, net interest income of $1.7 billion-$1.77 billion assuming zero to one 25-basis-point rate hike, non-interest income between $540 million and $580 million, expenses within the $1.35 billion-$1.39 billion range, net charge-offs in the 30 basis points-35 basis points range, and a tax rate in the range of 24.5%-25.5%, exclusive of any discrete items; full-year 2026 guidance is net interest income of $6.68 billion-$6.75 billion, non-interest income of $2.22 billion-$2.26 billion, expenses of $5.39 billion-$5.43 billion, net charge-offs of 29 basis points-31 basis points, and a tax rate in the range of 24.5%-25.5%, while projected quarterly Purchase Money Note prepayments are in the $3.5 billion-$4 billion range through the end of 2027, aggregate senior unsecured and subordinated debt issuances are in a modest range of approximately $1 billion-$2 billion through year-end 2027, fourth quarter 2026 share repurchases are approximately $300 million, and medium-term expense growth is low to mid-single digit.