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First Citizens BancShares Announces New Share Repurchase Program

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First Citizens BancShares Announces New Share Repurchase Program

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First Citizens BancShares ( (FCNCA) ) has shared an update.

On July 25, 2025, First Citizens BancShares announced a new share repurchase program, authorizing up to $4 billion in Class A common stock repurchases through 2026, following the completion of a previous $3.5 billion program. The company reported strong financial results for the second quarter of 2025, with net income rising to $575 million, driven by revenue growth and positive credit performance. The announcement reflects the company’s commitment to long-term value creation and returning capital to shareholders, while also strengthening its leadership with the appointment of Diane Morais to the Board of Directors.

The most recent analyst rating on (FCNCA) stock is a Hold with a $2350.00 price target. To see the full list of analyst forecasts on First Citizens BancShares stock, see the FCNCA Stock Forecast page.

Spark’s Take on FCNCA Stock

According to Spark, TipRanks’ AI Analyst, FCNCA is a Outperform.

First Citizens BancShares demonstrates strong financial performance and effective capital management, which are significant strengths. The technical analysis indicates a bullish trend, although overbought conditions suggest caution. Valuation metrics show potential undervaluation, but the dividend yield is modest. The earnings call highlights robust loan and deposit growth, although challenges such as decreased noninterest income and macroeconomic uncertainties persist.

To see Spark’s full report on FCNCA stock, click here.

More about First Citizens BancShares

First Citizens BancShares, Inc. operates in the financial services industry, offering a range of banking products and services. The company focuses on providing personal, business, and commercial banking solutions, with a market presence that includes a diverse portfolio and strong capital and liquidity positions.

Average Trading Volume: 80,141

Technical Sentiment Signal: Strong Buy

Current Market Cap: $27.7B

For a thorough assessment of FCNCA stock, go to TipRanks’ Stock Analysis page.

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