First Citizens BancShares, Inc.

First Citizens BancShares, Inc.

FCNCAยทNASDAQ

$1.96K

-2.1%
Financial ServicesBanks - Regional

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.

At a Glance

Live Snapshot
Market Cap$22.65B
EPS165.7600
P/E Ratio11.79
Earnings Date07/24/2026
First Citizens BancShares, Inc.

First Citizens BancShares, Inc. Fair Value Envelope

FCNCA ยท NASDAQ

Our analysis suggests that FCNCA has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $1955.08, this represents a potential HIDDEN relative to our calculated worth for First Citizens BancShares, Inc..

Intrinsic Value
Current Price: $1955.08

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$920.8B
+ Cash & Equivalents$20.6B
Firm Value$941.4B
- Debt$36.0B
Equity Value$905.4B
/ Shares Outstanding12,435,554B
DCF Value$72.8K
UNDERVALUED BY 3624%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$4.2B
$5.9B
$8.5B
$12.1B
$17.2B
$24.5B
$34.9B
$49.8B
$71.0B
$101.2B
Maintenance CapEx
-$242.9M
-$346.2M
-$493.4M
-$703.3M
-$1.0B
-$1.4B
-$2.0B
-$2.9B
-$4.1B
-$5.9B
Owner Earnings
$3.9B
$5.6B
$8.0B
$11.4B
$16.2B
$23.1B
$32.9B
$46.9B
$66.8B
$95.3B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$3.6B
$4.8B
$6.3B
$8.4B
$11.0B
$14.5B
$19.2B
$25.3B
$33.4B
$44.1B
Terminal Value represents 81.5% of Enterprise Value