First Citizens BancShares, Inc.

FCNCA

US31946M1036

Banks

Market Closed - Nasdaq Other stock markets 16:00:00 2024-05-22 EDT			5-day change	1st Jan Change
1,780 ^USD	+0.15%		+3.39%	+25.45%

05-09	First Citizens BancShares, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
05-07	First Citizens Bancshares Insider Sold Shares Worth $903,000, According to a Recent SEC Filing	MT

First Citizens BancShares, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024

May 09, 2024 at 09:20 am

First Citizens BancShares, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported net interest income was USD 1,817 million compared to USD 850 million a year ago. Net income was USD 731 million compared to USD 9,518 million a year ago.

Basic earnings per share from continuing operations was USD 49.27 compared to USD 654.22 a year ago. Diluted earnings per share from continuing operations was USD 49.26 compared to USD 653.64 a year ago.

Latest news about First Citizens BancShares, Inc.

First Citizens BancShares, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	05-09	CI
First Citizens Bancshares Insider Sold Shares Worth $903,000, According to a Recent SEC Filing	05-07	MT
Declaration of Voting Results by First Citizens BancShares	05-06	CI
Declaration of Voting Results by First Citizens BancShares	05-06	CI
First Citizens Bancshares Insider Sold Shares Worth $3,523,512, According to a Recent SEC Filing	04-30	MT
Republic First becomes first casualty of U.S. bank crisis in 2024	04-29	RE
North American Morning Briefing : Investors Brace -2-	04-29	DJ
UBS Adjusts First Citizens BancShares Price Target to $2,000 From $1,870, Maintains Buy Rating	04-26	MT
Well, it isn't as bad as feared...	04-26
Wedbush Raises Price Target on First Citizens BancShares to $2,150 From $1,950, Keeps Outperform Rating	04-26	MT
Piper Sandler Downgrades First Citizens BancShares to Neutral From Overweight, Adjusts PT to $1,950 From $1,850	04-26	MT
ANALYST RECOMMENDATIONS : Caterpillar, Dow, Spotify, Alphabet, Snap...	04-26
First Citizens BancShares' Q1 Adjusted Earnings Rise, Revenue Unchanged; Shares Up Premarket	04-25	MT
Transcript : First Citizens BancShares, Inc., Q1 2024 Earnings Call, Apr 25, 2024	04-25
SVB-owner First Citizens' profit beats estimates on interest income strength	04-25	RE
First Citizens BancShares, Inc. Declares Quarterly Dividend, Payable on June 17, 2024	04-25	CI
Will there be any Fed rate cuts this year?	04-11
ANALYST RECOMMENDATIONS : Chipotle, Micron, Mastercard, Snowflake, Airbnb...	04-11
Bowyer Research Submits a Shareholder Proposal to First Citizens Bancshares	03-26	CI
First Citizens Bancshares Insider Sold Shares Worth $4,665,006, According to a Recent SEC Filing	03-22	MT
Goldman Sachs Starts First Citizens BancShares With Buy Rating, $1,950 Price Target	03-21	MT
Defunct SVB Financial Group to sell Indian subsidiary to First Citizens Bancshares	03-20	RE
First Citizens Bank Enters Deal to Buy Silicon Valley Bank's Operations in India	03-20	MT
First Citizens BancShares, Inc. (NasdaqGS:FCNC.A) entered into a definitive purchase agreement to acquire Svb Global Services India LLP from SVB Financial Group (OTCPK:SIVB.Q).	03-19	CI
First Citizens BancShares Inc Receives a Shareholder Proposal from Inspire Investing LLC	03-15	CI

Chart First Citizens BancShares, Inc.

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Company Profile

First Citizens BancShares, Inc. is a holding company of First-Citizens Bank & Trust Company. The Company has four segments. General Banking segment delivers products and services to consumers and businesses through its network of branches and various digital channels. Commercial Banking segment provides a range of lending, leasing, capital markets, asset management and other financial and advisory services, primarily to small and middle market companies in a range of industries, including energy, healthcare, tech media and telecom, asset-backed lending, capital finance, maritime, corporate banking, aerospace and defense, and sponsor finance. Silicon Valley Banking segment offers products and services to commercial clients in key innovation markets, such as the healthcare and technology industries, as well as to private equity and venture capital firms. Rail segment offers customized leasing and financing solutions on a fleet of railcars and locomotives to railroads and shippers.

Sector

Banks

Calendar

2024-05-30 - Ex-dividend day

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Ratings for First Citizens BancShares, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

1,780 USD

Average target price

2,030 USD

Spread / Average Target

+14.01%

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Quarterly earnings - Rate of surprise

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