First Citizens BancShares, Inc. (NASDAQ:FCNCA) Overview and Analyst Insights
- The consensus price target for NASDAQ:FCNCA suggests a stable short-term outlook and a modestly positive long-term perspective.
- Despite a lower price target from analyst David Chiaverini, First Citizens' ability to surpass earnings expectations highlights its financial health and operational efficiency.
- Bank account bonuses, like CIT Bank's Platinum Savings account offer, are emerging as attractive options for consumers to increase their savings, albeit with certain conditions.
First Citizens BancShares, Inc. (NASDAQ:FCNCA) is a prominent financial institution offering a variety of banking services, including retail and commercial banking, wealth management, and investment products. The company operates an extensive branch network across multiple states and provides digital and telephone banking services. This broad service offering positions First Citizens as a key player in the banking sector.
The consensus price target for FCNCA has shown stability over the past month and quarter, with an average target of $2,410. This consistency suggests that analysts have a steady outlook on the stock's short-term performance. However, compared to last year's average price target of $2,386.67, there is a slight increase, indicating a modestly positive long-term outlook for the company.
Despite the stable consensus price target, analyst David Chiaverini from Wedbush has set a lower price target of $1,700 for FCNCA. This target reflects a more conservative view, possibly influenced by the company's recent earnings report. First Citizens reported quarterly earnings of $37.79 per share, slightly above the Zacks Consensus Estimate of $37.72, but a decrease from the $52.92 per share reported in the same quarter last year.
First Citizens has a strong track record of surpassing earnings expectations, which may contribute to the confidence in its business model. The company's ability to consistently exceed estimates suggests robust financial health and operational efficiency. Investors should monitor upcoming earnings reports and company announcements, as these could impact analysts' future price targets and the stock's performance.
In the broader financial landscape, bank account bonuses are gaining attention. Offers like CIT Bank's Platinum Savings account, with a bonus of up to $300, and competitive APYs from various banks, present opportunities for consumers to grow their savings. These bonuses, however, often come with conditions such as minimum deposits or direct deposit requirements, and they are considered taxable income.
| Symbol | Price | %chg |
|---|---|---|
| BBCA.JK | 7800 | 1.28 |
| BBRI.JK | 4220 | -0.71 |
| BMRI.JK | 4420 | 0 |
| BBNI.JK | 4270 | -1.64 |
First Citizens BancShares, Inc. (NASDAQ: FCNCA) Maintains "Buy" Rating and Positive Earnings Report
- Cowen & Co. maintains a "Buy" rating for First Citizens BancShares, Inc. (NASDAQ: FCNCA), raising the price target from $2,500 to $2,600.
- Q2 2025 earnings exceeded expectations, with earnings of $44.78 per share, surpassing the Zacks Consensus Estimate of $39.08 per share.
- Introduction of a new share repurchase plan signals the company's confidence in its financial health and commitment to enhancing shareholder value.
First Citizens BancShares, Inc. (NASDAQ: FCNCA) is a prominent financial institution based in Raleigh, North Carolina. The company offers a wide range of banking services and has a strong presence in the financial sector. On July 28, 2025, Cowen & Co. maintained its "Buy" rating for FCNCA, with the stock priced at $2,096.04. TD Cowen also raised the price target from $2,500 to $2,600, indicating positive sentiment towards the stock.
During the Q2 2025 earnings call on July 25, 2025, First Citizens reported earnings of $44.78 per share, exceeding the Zacks Consensus Estimate of $39.08 per share. Despite this positive surprise, earnings were down from $50.87 per share in the same quarter last year. The call featured key company figures like CFO Craig Lockwood Nix and CEO Frank Brown Holding, who provided insights into the company's financial performance and strategic direction.
The earnings call was attended by analysts from major financial institutions, including Deutsche Bank AG and Keefe, Bruyette, & Woods, Inc. This participation underscores the interest and scrutiny from the financial community. The company also announced a new share repurchase plan, signaling confidence in its financial health and commitment to enhancing shareholder value.
FCNCA's stock price on July 28, 2025, was $2,096.04, reflecting a slight decrease of 0.84% or $17.79. The stock fluctuated between $2,071.74 and $2,158.82 during the day. Over the past year, it reached a high of $2,412.93 and a low of $1,473.62. The company's market capitalization is approximately $25.75 billion, with a trading volume of 97,295 shares.
First Citizens BancShares, Inc. (NASDAQ:FCNCA) Surpasses Earnings Estimates
- Earnings Per Share (EPS) of $45.10, surpassing the estimated $39.32.
- Revenue reported at approximately $2.41 billion, exceeding the estimated $2.23 billion.
- Financial Ratios such as P/E ratio of approximately 12.30 and a high current ratio of around 87.30 indicate a stable financial foundation.
First Citizens BancShares, Inc. (NASDAQ:FCNCA) is a financial institution based in Raleigh, North Carolina. It provides a range of banking services, including personal and business banking, wealth management, and mortgage services. Competing with other banks like Wells Fargo and Bank of America, FCNCA has carved out a niche with its strong financial performance and customer service.
On January 24, 2025, FCNCA reported earnings per share (EPS) of $45.10, surpassing the estimated $39.32. This performance exceeded the Zacks Consensus Estimate of $39.46 per share, although it was slightly lower than the $46.58 per share reported in the same quarter last year. This indicates a robust performance despite a minor year-over-year decline.
The company also reported revenue of approximately $2.41 billion, exceeding the estimated $2.23 billion. This strong revenue performance reflects the company's ability to generate sales and maintain its market position. The price-to-sales ratio of about 2.14 further underscores the company's market value relative to its sales.
FCNCA's financial metrics provide additional insights into its performance. The price-to-earnings (P/E) ratio of approximately 12.30 suggests a reasonable market valuation of its earnings. The enterprise value to sales ratio of around 4.67 and the enterprise value to operating cash flow ratio of approximately 24.00 indicate how the company's total value compares to its sales and cash flow from operations.
The company's financial leverage is highlighted by a debt-to-equity ratio of approximately 1.63. Despite this leverage, FCNCA maintains strong liquidity, as evidenced by a notably high current ratio of around 87.30. This suggests the company is well-positioned to meet its short-term obligations, providing a stable financial foundation.
First Citizens BancShares, Inc. (NASDAQ:FCNCA) Surpasses Earnings Estimates
- Earnings Per Share (EPS) of $45.10, surpassing the estimated $39.32.
- Revenue reported at approximately $2.41 billion, exceeding the estimated $2.23 billion.
- Financial Ratios such as P/E ratio of approximately 12.30 and a high current ratio of around 87.30 indicate a stable financial foundation.
First Citizens BancShares, Inc. (NASDAQ:FCNCA) is a financial institution based in Raleigh, North Carolina. It provides a range of banking services, including personal and business banking, wealth management, and mortgage services. Competing with other banks like Wells Fargo and Bank of America, FCNCA has carved out a niche with its strong financial performance and customer service.
On January 24, 2025, FCNCA reported earnings per share (EPS) of $45.10, surpassing the estimated $39.32. This performance exceeded the Zacks Consensus Estimate of $39.46 per share, although it was slightly lower than the $46.58 per share reported in the same quarter last year. This indicates a robust performance despite a minor year-over-year decline.
The company also reported revenue of approximately $2.41 billion, exceeding the estimated $2.23 billion. This strong revenue performance reflects the company's ability to generate sales and maintain its market position. The price-to-sales ratio of about 2.14 further underscores the company's market value relative to its sales.
FCNCA's financial metrics provide additional insights into its performance. The price-to-earnings (P/E) ratio of approximately 12.30 suggests a reasonable market valuation of its earnings. The enterprise value to sales ratio of around 4.67 and the enterprise value to operating cash flow ratio of approximately 24.00 indicate how the company's total value compares to its sales and cash flow from operations.
The company's financial leverage is highlighted by a debt-to-equity ratio of approximately 1.63. Despite this leverage, FCNCA maintains strong liquidity, as evidenced by a notably high current ratio of around 87.30. This suggests the company is well-positioned to meet its short-term obligations, providing a stable financial foundation.
First Citizens BancShares, Inc. (NASDAQ:FCNCA) Quarterly Earnings Preview
- Analysts estimate First Citizens BancShares, Inc. (NASDAQ:FCNCA)'s EPS to be $39.32 to $39.46 for the quarter ending December 2024, indicating a 15.3% decline year-over-year.
- Revenue projections stand at approximately $2.26 billion, marking a 9% decrease from the previous year.
- The company's financial metrics such as a P/E ratio of 12.31 and a current ratio of 87.30 highlight its valuation and liquidity.
First Citizens BancShares, Inc. (NASDAQ:FCNCA) is a financial services company that provides a range of banking services. It operates primarily in the United States and competes with other major banks in the industry. As FCNCA prepares to release its quarterly earnings on January 24, 2025, analysts have set their expectations for the company's financial performance.
Wall Street analysts estimate FCNCA's earnings per share (EPS) to be $39.32, while other projections suggest a slightly higher EPS of $39.46 for the quarter ending December 2024. This represents a 15.3% decline compared to the same period last year. Despite this decline, the stability in EPS estimates over the past 30 days indicates that analysts have not adjusted their expectations, which can influence investor actions.
Revenue projections for FCNCA are approximately $2.26 billion, with some analysts anticipating a slightly lower figure of $2.23 billion. This marks a 9% decrease from the previous year. The company's price-to-earnings (P/E) ratio of 12.31 reflects the market's valuation of its earnings, while its price-to-sales ratio of 2.14 indicates its market value relative to sales.
FCNCA's financial metrics provide insight into its valuation and financial health. The enterprise value to sales ratio is 4.67, and the enterprise value to operating cash flow ratio is 23.99, offering perspectives on the company's valuation in relation to sales and cash flow. The earnings yield of 8.13% suggests a return on investment, while the debt-to-equity ratio of 1.63 indicates financial leverage.
The company's current ratio is notably high at 87.30, suggesting strong liquidity. As highlighted by Zacks Investment Research, FCNCA is anticipated to surpass earnings estimates, which could lead to positive stock movement if actual results exceed expectations. The management's discussion during the earnings call will be crucial in assessing the sustainability of any immediate price changes and future earnings expectations.
First Citizens BancShares, Inc. (NASDAQ:FCNCA) Quarterly Earnings Preview
- Analysts estimate First Citizens BancShares, Inc. (NASDAQ:FCNCA)'s EPS to be $39.32 to $39.46 for the quarter ending December 2024, indicating a 15.3% decline year-over-year.
- Revenue projections stand at approximately $2.26 billion, marking a 9% decrease from the previous year.
- The company's financial metrics such as a P/E ratio of 12.31 and a current ratio of 87.30 highlight its valuation and liquidity.
First Citizens BancShares, Inc. (NASDAQ:FCNCA) is a financial services company that provides a range of banking services. It operates primarily in the United States and competes with other major banks in the industry. As FCNCA prepares to release its quarterly earnings on January 24, 2025, analysts have set their expectations for the company's financial performance.
Wall Street analysts estimate FCNCA's earnings per share (EPS) to be $39.32, while other projections suggest a slightly higher EPS of $39.46 for the quarter ending December 2024. This represents a 15.3% decline compared to the same period last year. Despite this decline, the stability in EPS estimates over the past 30 days indicates that analysts have not adjusted their expectations, which can influence investor actions.
Revenue projections for FCNCA are approximately $2.26 billion, with some analysts anticipating a slightly lower figure of $2.23 billion. This marks a 9% decrease from the previous year. The company's price-to-earnings (P/E) ratio of 12.31 reflects the market's valuation of its earnings, while its price-to-sales ratio of 2.14 indicates its market value relative to sales.
FCNCA's financial metrics provide insight into its valuation and financial health. The enterprise value to sales ratio is 4.67, and the enterprise value to operating cash flow ratio is 23.99, offering perspectives on the company's valuation in relation to sales and cash flow. The earnings yield of 8.13% suggests a return on investment, while the debt-to-equity ratio of 1.63 indicates financial leverage.
The company's current ratio is notably high at 87.30, suggesting strong liquidity. As highlighted by Zacks Investment Research, FCNCA is anticipated to surpass earnings estimates, which could lead to positive stock movement if actual results exceed expectations. The management's discussion during the earnings call will be crucial in assessing the sustainability of any immediate price changes and future earnings expectations.
Citi Raises First Citizens BancShares Price Target Amid Balanced Valuation Outlook
Citi analysts increased their price target for First Citizens BancShares (NASDAQ:FCNCA) from $2,100 to $2,350 while maintaining a Neutral rating. The adjustment reflects revised cost of equity assumptions and a tempered outlook following the stock’s strong year-to-date performance.
Bank stock valuations have shifted from broadly attractive to more balanced over the past six months, supported by favorable election outcomes and growing optimism around a potential soft economic landing. The analysts adjusted their valuation model to align with early-cycle sentiment driving peak multiples in the near term. This update led to the higher price target for FCNCA.
First Citizens has been one of the top-performing bank stocks in 2023, even as consensus estimates for 2025 EPS have declined by 19% year-to-date. However, its recent outperformance and premium valuation relative to regional peers, with an implied cost of equity of 9.7%, limit near-term upside. While long-term prospects remain solid, Citi opted to stay on the sidelines for now, reflecting a more balanced risk-reward profile.
