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1942.36 USD
P/E
11.13
EPS
173.31
Yield
0.42%
Safety Score
83
P/B
1.11
ROE
10.18
Beta
0.63
Target Price
2212.92 USD
First Citizens BancShares, Inc. logo

First Citizens BancShares, Inc.

🧾 Earnings Recap – Q1 2026

First Citizens BancShares delivered solid Q1 results with adjusted EPS of $44.86, supported by strong deposit growth and disciplined expense management, despite the impact of lower interest rates.

  • Adjusted net interest income declined by $101 million due to lower NIM (down 11 bps to 3.09%) amid rate cuts, but was partly offset by organic loan growth and lower funding costs.
  • Deposit growth accelerated by 5.7% sequentially, driven by client activity in tech, healthcare, and global fund banking, complemented by strategic use of broker deposits.
  • Loans increased marginally by 0.5% to $762 billion, with global fund banking reaching a record production of over $6 billion.
  • The bank returned $900 million via share repurchases and prepaid $2.5 billion on FDIC promissory notes, bolstering liquidity and capital strength.
  • Strategic initiatives include expanding payments, international banking, digital assets, and a planned brand unification in Q4, enhancing platform solutions without impacting client service quality.
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Key Metrics
Earnings dateJuly 24, 2026
P/E11.13
EPS173.31
Book Value1735.18
Price to Book1.11
% Insiders24.746%
Growth
Revenue Growth0.05%
Earnings Growth0.24%
Estimates
Forward P/E9.72
Forward EPS198.46
Target Mean Price2212.92
Dividend
Dividend Yield0.42%
Annual dividends8.10 USD
Ex-Div. DateMay 29, 2026
Payout7.53%
5y avg Yield0.28%

DCF Valuation

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DCF Result

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Terminal PV
Σ PV of FCFs
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First Citizens BancShares, Inc. Logo First Citizens BancShares, Inc. Analysis (FCNCA)

United States Financials Official Website Stock

Is First Citizens BancShares, Inc. a good investment? First Citizens BancShares, Inc. (FCNCA) is currently trading at 1942.36 USD. Market analysts have a consensus price target of 2212.92 USD. This suggests a potential upside from current levels.

In terms of valuation, the stock trades at a P/E ratio of 11.13. This relatively low multiple may signal that First Citizens BancShares, Inc. is undervalued compared to historical market norms.

Earnings Schedule: First Citizens BancShares, Inc. is expected to release its next earnings report on July 24, 2026. The market consensus estimate for Forward EPS is 198.46.

For income investors, First Citizens BancShares, Inc. pays a dividend yield of 0.42%. With a payout ratio of 8%, the dividend appears sustainable.

Investor FAQ

Does First Citizens BancShares, Inc. pay a dividend?

Yes, it pays an annual dividend of 8.10 USD (0.42% yield).

What asset class is First Citizens BancShares, Inc.?

First Citizens BancShares, Inc. is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.

When is the next earnings date?

The next earnings date is projected to be July 24, 2026. The company currently has a trailing EPS of 173.31.

Company Profile

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 in the United States and internationally. It operates through the General Bank, Commercial Bank, and Rail segments. The General Bank segment offers deposit products, including checking, savings, money market, and time deposit accounts; conforming and jumbo residential mortgage, and business and commercial loans; brokerage, investment advisory, private stock loans, other secured and unsecured lending products, and vineyard development loans; planning-based financial strategies, family office, financial planning, tax planning, and trust services; and payment and treasury services. This segment also includes a community association bank business that supports deposit, cash management, and lending to homeowner associations and property management companies. Its Commercial Bank segment provides a range of leasing, capital markets, asset management, and other financial and advisory services; factoring, receivable management, supply chain financing, and secured financing services; and commercial deposit products and services through online and mobile banking platforms, as well as physical locations. The Rail segment offers customized leasing and financing solutions on a fleet of railcars and locomotives to railroads and shippers. Its railcar types include covered hopper cars used to ship grain and agricultural products, plastic pellets, sand, and cement; tank cars for energy products and chemicals; gondolas for coal, steel coil and mill service products; open-top hopper cars for coal and aggregates; boxcars for paper and auto parts; and centerbeams and flat cars for lumber. First Citizens BancShares, Inc. was founded in 1898 and is headquartered in Raleigh, North Carolina.

Exchange Ticker
NMS (United States) FCNCA
Dividend Yield

0.42% (5y avg: 0.28%)

Annual Dividends

8.10 USD

Next ex. div date

May 29, 2026

Payout Ratio

7.53%

Historical Dividends
Year Total Dividends
2027 3.97 USD
2026 11.43 USD
2025 7.95 USD
2024 6.87 USD
2023 3.89 USD
2022 2.16 USD
2021 2.35 USD
2020 1.60 USD
2019 1.60 USD
2018 1.40 USD
2017 1.20 USD
2016 1.20 USD
2015 1.20 USD
2014 1.20 USD
2013 0.90 USD
2012 1.50 USD
2011 1.20 USD
2010 1.20 USD
2009 1.17 USD
2008 1.10 USD
2007 1.10 USD
2006 1.10 USD
2005 1.10 USD
2004 1.10 USD
2003 1.08 USD
2002 1.00 USD
2001 1.00 USD
2000 1.00 USD
1999 1.00 USD
1998 1.00 USD
1997 1.00 USD
1996 0.90 USD
1995 0.80 USD
1994 0.70 USD
1993 0.60 USD
1992 0.50 USD
1991 0.40 USD
1990 0.40 USD
1989 0.40 USD
1988 0.28 USD
1987 0.24 USD

Yearly aggregated dividends

Dividends

First Citizens BancShares, Inc.
Jun 15, 2026 Upcoming
Dividend
2.1 USD
First Citizens BancShares, Inc.
Mar 16, 2026 Paid
Dividend
2.1 USD
First Citizens BancShares, Inc.
Dec 15, 2025 Paid
Dividend
2.1 USD
First Citizens BancShares, Inc.
Sep 15, 2025 Paid
Dividend
1.95 USD
First Citizens BancShares, Inc.
Jun 16, 2025 Paid
Dividend
1.95 USD

Historical Split Corporate Actions

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