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First Citizens BancShares Issues $600M Subordinated Notes

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First Citizens BancShares Issues $600M Subordinated Notes

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First Citizens BancShares ( (FCNCA) ) just unveiled an announcement.

On September 5, 2025, First Citizens BancShares, Inc. successfully issued and sold $600 million in 5.600% Fixed Rate Reset Subordinated Notes due 2035. This public offering was conducted under a registration statement filed with the SEC and involved several underwriters, including BofA Securities, Inc. and Morgan Stanley & Co. LLC. The issuance of these notes is part of the company’s strategic financial activities, potentially impacting its financial structure and market positioning.

The most recent analyst rating on (FCNCA) stock is a Buy with a $2268.00 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, supported by a robust share repurchase program. While technical indicators suggest caution due to potential overbought conditions, the company’s solid fundamentals and strategic initiatives provide a positive outlook.

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

More about First Citizens BancShares

Average Trading Volume: 108,200

Technical Sentiment Signal: Strong Buy

Current Market Cap: $25.65B

See more data about FCNCA stock on TipRanks’ Stock Analysis page.

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