First Citizens BancShares (FCNCA) AI Stock Analysis

• Market Cap: $25.54B
• Dividend Yield: 0.37%
• Average Volume (3M): 96.01K
• Price to Earnings (P/E): 11.1
• Beta (1Y): 1.07
• Revenue Growth: 0.33%
• EPS Growth: -3.13%
• Country: US
• Employees: 17,191
• Sector: Financial
• Sector Strength: 82
• Industry: Banks - Regional
• EPS (TTM): 37.79
• Shares Outstanding: 12,283,675
• 10 Day Avg. Volume: 85,863
• 30 Day Avg. Volume: 96,012
• PEG Ratio: 1.11
• Price to Book (P/B): 1.06
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 13.04
• 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: $2,220.00
• Price Target Upside: 20.54% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 10

• Rating: 76 Outperform
• Price Target: ―

First Citizens BancShares demonstrates strong financial performance with consistent revenue growth and effective capital management. The technical indicators suggest some caution due to bearish trends, but valuation metrics indicate potential undervaluation. The company's strategic approach and solid capital position provide confidence in navigating macroeconomic challenges.

Positive Factors

Earnings Potential

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

Stock Rating

A stronger jobs report and a 'hawkish cut' have allowed analysts to tactically add higher-for-longer bank exposure, leading to an Outperform rating for FCNCA.

Negative Factors

Earnings Estimates

Earnings estimates have been adjusted downward due to modestly lower NII and higher expenses.

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 through several key streams. The primary source of income is interest earned on loans and leases, which include consumer, commercial, and real estate loans. Additional revenue comes from non-interest income, such as service charges on deposit accounts, fees from investment services, and wealth management offerings. The bank also earns through treasury services and by providing trust services. A significant factor contributing to its earnings is its strategic acquisitions, which have expanded its market presence and client base. First Citizens BancShares also benefits from partnerships with financial technology firms to enhance its service offerings and operational efficiency.

First Citizens BancShares Financial Statement Overview

Summary

First Citizens BancShares exhibits strong financial health with consistent revenue growth and profitability. The balance sheet is well-managed, though the high leverage warrants close monitoring. Cash flows are positive and managed well, supporting the company's growth trajectory. Overall, the financials reflect a well-run banking institution with some areas to monitor for potential risks.

Income Statement

First Citizens BancShares demonstrates strong profitability with a consistent increase in total revenue over the years. The net profit margin and EBIT margin show robust performance, enhancing the overall financial strength. However, fluctuations in revenue growth rates indicate some volatility, which needs attention.

Balance Sheet

The company's balance sheet is solid with a low debt-to-equity ratio and strong equity levels. The return on equity is impressive, indicating efficient use of shareholders' capital. However, the equity ratio suggests that the company is highly leveraged, which could pose risks if not managed carefully.

Cash Flow

The cash flow position is generally positive, with a notable free cash flow growth, reflecting efficient cash management. The operating cash flow to net income ratio indicates healthy cash conversion. However, variations in free cash flow to net income ratios suggest potential instability in cash flow generation.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
9.73B	7.60B	4.54B	1.84B	1.86B
	Gross Profit
12.35B	4.08B	2.55B	1.84B	1.86B
	EBIT
1.05B	3.33B	2.77B	701.66M	617.88M
	EBITDA
0.00	371.00M	864.00M	814.13M	719.43M
	Net Income Common Stockholders
2.78B	11.47B	1.10B	547.00M	492.00M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
915.00M	908.00M	518.00M	18.66B	4.71B
	Total Assets
223.72B	213.76B	109.30B	58.31B	49.96B
	Total Debt
367.00M	37.56B	6.21B	1.19B	1.25B
	Net Debt
-447.00M	3.05B	666.00M	856.56M	886.12M
	Total Liabilities
201.49B	192.50B	99.64B	1.19B	1.25B
	Stockholders Equity
22.23B	21.25B	9.66B	4.74B	4.23B
Cash Flow		Free Cash Flow
1.88B	1.23B	1.86B	-391.15M	206.63M
	Operating Cash Flow
2.99B	2.66B	2.79B	-283.78M	340.01M
	Investing Cash Flow
-10.15B	2.43B	75.00M	-7.57B	-9.87B
	Financing Cash Flow
7.07B	-4.70B	-2.69B	7.83B	9.52B

First Citizens BancShares Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1841.77
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FCNCA, the sentiment is Negative. The current price of 1841.77 is below the 20-day moving average (MA) of 1854.56, above the 50-day MA of 1798.44, and below the 200-day MA of 1987.22, indicating a neutral trend. The MACD of 38.46 indicates Negative momentum. The RSI at 48.95 is Neutral, neither overbought nor oversold. The STOCH value of 50.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FCNCA.

First Citizens BancShares Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HBAN	77 Outperform	$23.22B	12.29	10.30%	3.89%	7.55%	17.46%
FCNCA	76 Outperform	$25.54B	11.10	11.46%	0.37%	0.33%	-3.13%
RF	75 Outperform	$20.00B	10.74	11.33%	4.45%	1.05%	12.14%
FITB	74 Outperform	$26.08B	12.41	11.71%	3.74%	5.75%	0.68%
MTB	74 Outperform	$30.07B	12.55	9.39%	2.91%	1.20%	1.12%
CFG	70 Outperform	$17.91B	13.15	6.37%	4.07%	-2.12%	13.92%
Sector *	64 Neutral	$12.78B	9.87	7.67%	17015.06%	12.34%	-5.99%

First Citizens BancShares Corporate Events

First Citizens BancShares Q1 2025 Earnings Report

First Citizens BancShares reported its first quarter 2025 earnings, highlighting solid financial results with loan and deposit growth across several segments. Despite a decrease in net income compared to the previous quarter due to increased income tax expenses, the company maintained strong capital and liquidity positions, returning $613 million to stockholders through share repurchases and issuing $1.25 billion in notes. The report also noted a decrease in net interest income and noninterest income, alongside a slight reduction in noninterest expenses, reflecting the company’s strategic financial management amidst market uncertainties.

Spark’s Take on FCNCA Stock

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

First Citizens BancShares demonstrates strong financial performance with consistent revenue growth and profitability, supported by a well-managed balance sheet. Technical indicators show a bearish trend, but valuation metrics suggest the stock is undervalued. The earnings call provided a positive outlook for 2025, despite some operational challenges. Overall, the stock presents a solid investment opportunity with areas to watch closely.

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

First Citizens Ends Shared-Loss Agreement with FDIC

On April 7, 2025, First-Citizens Bank & Trust Company entered into a Termination Agreement with the FDIC to end the commercial shared-loss agreement related to its acquisition of Silicon Valley Bridge Bank’s assets. The termination was driven by the low likelihood of reaching the $5 billion loss threshold and will eliminate associated reporting responsibilities, impacting the company’s operational focus and simplifying its financial obligations.

Spark’s Take on FCNCA Stock

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

First Citizens BancShares demonstrates solid financial performance with a strong earnings call outlook. However, technical indicators suggest caution due to recent bearish trends. The stock appears undervalued, which may present a buying opportunity if technical conditions improve.

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