First Citizens BancShares (FCNCA) AI Stock Analysis

• Market Cap: $26.93B
• Dividend Yield: 0.37%
• Average Volume (3M): 77.93K
• Price to Earnings (P/E): 11.7
• Beta (1Y): 1.07
• Revenue Growth: -21.44%
• EPS Growth: N/A
• Country: US
• Employees: 17,191
• Sector: Financial
• Sector Strength: 75
• Industry: Banks - Regional
• EPS (TTM): 44.78
• Shares Outstanding: 12,283,675
• 10 Day Avg. Volume: 74,340
• 30 Day Avg. Volume: 77,926
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $2,258.50
• Price Target Upside: 10.17% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 10

• Rating: 78 Outperform
• Price Target: $2,337.00 ▲(14.00%Upside)

First Citizens BancShares scores well due to its strong financial performance, strategic capital allocation through share repurchases, and solid earnings call highlights. Technical analysis indicates mixed signals, while the valuation suggests a fair price. Despite some challenges, the company's strategic initiatives and financial stability support a positive outlook.

Positive Factors

Interest Rate Environment

A stronger jobs report and a 'hawkish cut' have led to increased bank exposure, benefiting FCNCA's stock performance.

Net Interest Income

Analysts expect a positive reaction in FCNCA's stock due to the potential for nearly 5% net interest income upside based on current rate expectations.

Stock Rating

Analysts have assigned an Outperform rating for FCNCA, reflecting confidence in its future performance.

Negative Factors

Earnings Estimates

Earnings estimates for 4Q24E have been adjusted downward due to modestly lower net interest income and higher expenses.

Stock Price Movement

FCNCA's stock experienced a 7% pullback, which may concern investors about short-term performance.

First Citizens BancShares Business Overview & Revenue Model

Company Description

First Citizens BancShares, Inc. operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals. The company's deposit products include checking, savings, money market, and time deposit accounts. Its loan product portfolio comprises commercial construction and land development, commercial mortgage, commercial and industrial, and lease financing loans, as well as small business administration paycheck protection program loans; and consumer loans, such as residential and revolving mortgage, construction and land development, consumer auto, and other consumer loans. The company also offers treasury services products, cardholder and merchant services, wealth management services, and various other products and services; investment products, including annuities, discount brokerage services, and third-party mutual funds, as well as investment management and advisory services; and defined benefit and defined contribution, insurance, private banking, trust, fiduciary, philanthropy, and special asset services. The company provides its products and services through its branch network, as well as through digital banking, telephone banking, and various ATM networks. As of December 31, 2021, it operated 529 branches in Arizona, California, Colorado, Florida, Georgia, Kansas, Maryland, Missouri, North Carolina, New Mexico, Oklahoma, Oregon, South Carolina, Tennessee, Texas, Virginia, Washington, Wisconsin, and West Virginia. First Citizens BancShares, Inc. was founded in 1898 and is headquartered in Raleigh, North Carolina.

How the Company Makes Money

First Citizens BancShares generates revenue primarily through interest income from its lending activities, which include personal, commercial, and real estate loans. The interest earned on these loans, minus the interest paid on deposits, forms a significant portion of the company's net interest income. Additionally, the company earns non-interest income through fees and service charges related to deposit accounts, transaction processing, and other banking services. Wealth management and investment services also contribute to the company's revenue through advisory fees and commissions. Moreover, First Citizens BancShares benefits from strategic acquisitions and partnerships that expand its customer base and enhance its service offerings, further supporting its revenue growth.

First Citizens BancShares Financial Statement Overview

Summary

First Citizens BancShares exhibits solid financial health with strong profitability and a stable balance sheet. However, revenue growth has slightly declined, and cash flow is decreasing year-over-year. Despite these, the company maintains effective cash management and a healthy equity ratio, supporting a high score.

Income Statement

The income statement demonstrates robust profitability with a strong net profit margin of 17.2% TTM. However, revenue growth has slowed recently, declining by approximately 1.6% from the previous year. The gross profit margin remains solid at 61.2% TTM, supporting the company's ability to generate profit efficiently.

Balance Sheet

The balance sheet shows a healthy equity ratio of 9.74% TTM, indicating a stable financial structure. The debt-to-equity ratio has slightly increased to 1.74, suggesting moderate leverage with manageable risk. Return on equity is strong at 11.34% TTM, reflecting effective use of shareholder equity to generate profits.

Cash Flow

Cash flow analysis highlights a positive free cash flow, although declining by 24.2% year-over-year. The operating cash flow to net income ratio is 1.04, suggesting strong cash generation relative to accounting profits. The company maintains positive free cash flow to net income ratio at 0.44, indicating efficient cash management.

Breakdown
Income Statement
Total Revenue
Gross Profit
EBITDA
Net Income
Balance Sheet
Total Assets
Cash, Cash Equivalents and Short-Term Investments
Total Debt
Total Liabilities
Stockholders Equity
Cash Flow
Free Cash Flow
Operating Cash Flow
Investing Cash Flow
Financing Cash Flow

First Citizens BancShares Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2050.04
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FCNCA, the sentiment is Neutral. The current price of 2050.04 is below the 20-day moving average (MA) of 2093.78, above the 50-day MA of 1957.01, and above the 200-day MA of 1993.42, indicating a neutral trend. The MACD of 44.64 indicates Positive momentum. The RSI at 50.31 is Neutral, neither overbought nor oversold. The STOCH value of 31.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FCNCA.

First Citizens BancShares Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FCNCA	78 Outperform	$26.93B	11.74	11.46%	0.37%	-21.44%	―
FITB	78 Outperform	$28.39B	13.24	11.58%	3.48%	2.08%	2.87%
RF	77 Outperform	$23.75B	12.33	11.59%	3.80%	2.83%	20.85%
CFG	77 Outperform	$21.46B	15.10	6.48%	3.41%	-4.07%	25.31%
HBAN	77 Outperform	$24.39B	12.42	10.43%	3.73%	5.82%	28.04%
MTB	76 Outperform	$31.17B	12.58	9.48%	2.78%	0.62%	14.75%
Sector *	58 Neutral	HK$92.81B	5.81	-3.20%	4.80%	5.50%	-56.25%

First Citizens BancShares Corporate Events

First Citizens BancShares Announces New Share Repurchase Program

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.

First Citizens BancShares Appoints Diane Morais to Board

On June 24, 2025, First Citizens BancShares appointed Diane Morais to its Board of Directors, effective July 1, 2025. Morais, a seasoned financial services leader with over 30 years of experience, previously held key roles at Ally Bank, including President of Consumer and Commercial Banking. Her appointment is expected to enhance the board’s governance efforts and align with First Citizens’ long-term, relationship-focused approach. Morais will serve on the Risk and Technology Committees, bringing valuable insights from her extensive background in banking and community involvement.

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.