tiprankstipranks
Advertisement
Advertisement

First Citizens BancShares Issues $500 Million Senior Notes

Story Highlights
  • First Citizens BancShares sold $500 million senior notes to bolster long-term funding.
  • The 2032 notes were issued via major underwriters, confirming strong capital markets access.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
First Citizens BancShares Issues $500 Million Senior Notes

Claim 30% Off TipRanks

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

On March 3, 2026, First Citizens BancShares, Inc. issued and sold $500 million of 4.869% Fixed-to-Floating Rate Senior Notes due 2032 in a public offering, expanding its long-term funding base. The securities were sold through a syndicate led by J.P. Morgan Securities LLC, BofA Securities, Inc., and Wells Fargo Securities, LLC and were issued under existing shelf registration and indenture arrangements, underscoring the company’s continued access to capital markets and structured approach to liability management.

The most recent analyst rating on (FCNCA) stock is a Hold with a $2346.00 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 Neutral.

The score is driven mainly by solid but volatile fundamentals with higher leverage and a 2025 revenue decline, partially offset by decent valuation and a balanced earnings outlook. Technical indicators are the biggest near-term drag, pointing to weak momentum below key moving averages.

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

More about First Citizens BancShares

First Citizens BancShares, Inc. is a U.S.-based financial institution operating in the banking industry. The company provides a range of banking and financial services, including lending, deposit products, and related services to retail, commercial, and institutional customers in its core markets.

Average Trading Volume: 98,214

Technical Sentiment Signal: Buy

Current Market Cap: $22.93B

Learn more about FCNCA stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1