Financial Services - Banks - Regional - NASDAQ - US
$ 23.81
0.464 %
$ 30.1 B
Market Cap
0.41
P/E
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.[ Read More ]
The intrinsic value of one FCNCO stock under the base case scenario is HIDDEN Compared to the current market price of 23.8 USD, First Citizens BancShares, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart FCNCO
FINANCIALS
7.6 B
REVENUE
3.33 B
OPERATING INCOME
11.5 B
NET INCOME
2.66 B
OPERATING CASH FLOW
2.43 B
INVESTING CASH FLOW
-4.7 B
FINANCING CASH FLOW
2.44 B
REVENUE
914 M
OPERATING INCOME
639 M
NET INCOME
991 M
OPERATING CASH FLOW
-301 M
INVESTING CASH FLOW
-592 M
FINANCING CASH FLOW
Balance Sheet Decomposition
First Citizens BancShares, Inc.
| Current Assets | 908 M |
| Cash & Short-Term Investments | 908 M |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 173 B |
| Long-Term Investments | 32.2 B |
| PP&E | 11 B |
| Other Non-Current Assets | 130 B |
| Current Liabilities | 110 B |
| Accounts Payable | 137 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 110 B |
| Non-Current Liabilities | 192 B |
| Long-Term Debt | 37.6 B |
| Other Non-Current Liabilities | 154 B |
EFFICIENCY
Earnings Waterfall
First Citizens BancShares, Inc.
| Revenue | 7.6 B |
| Cost Of Revenue | 3.52 B |
| Gross Profit | 4.08 B |
| Operating Expenses | 4.27 B |
| Operating Income | 3.33 B |
| Other Expenses | -8.14 B |
| Net Income | 11.5 B |
RATIOS
53.66%
GROSS MARGIN
43.81%
OPERATING MARGIN
150.79%
NET MARGIN
53.94%
ROE
5.36%
ROA
5.41%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
First Citizens BancShares, Inc.
| Net Income | 11.5 B |
| Depreciation & Amortization | -57 M |
| Capital Expenditures | -1.43 B |
| Stock-Based Compensation | 5 M |
| Change in Working Capital | -173 M |
| Others | -8.59 B |
| Free Cash Flow | 1.23 B |
Wall Street Analysts Price Targets
First Citizens BancShares, Inc.
FCNCO has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.14%
DIVIDEND YIELD
0.352 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
First Citizens BancShares, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7.26 M USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
10 months ago
Dec 19, 2023
|
Sell 2.55 M USD
|
Alemany Ellen R
Director |
- 1756
|
1450.15 USD |
|
10 months ago
Dec 19, 2023
|
Sell 760 K USD
|
Alemany Ellen R
Director |
- 524
|
1451.13 USD |
|
11 months ago
Dec 15, 2023
|
Sell 193 K USD
|
Alemany Ellen R
Director |
- 133
|
1450.278 USD |
|
11 months ago
Dec 15, 2023
|
Sell 604 K USD
|
Alemany Ellen R
Director |
- 416
|
1451.404 USD |
|
11 months ago
Dec 15, 2023
|
Sell 182 K USD
|
Alemany Ellen R
Director |
- 125
|
1452.926 USD |
|
11 months ago
Dec 15, 2023
|
Sell 67.1 K USD
|
Alemany Ellen R
Director |
- 46
|
1458.515 USD |
|
1 year ago
Nov 14, 2023
|
Sell 1.17 M USD
|
Alemany Ellen R
Director |
- 800
|
1461.58 USD |
|
1 year ago
Nov 14, 2023
|
Sell 87.3 K USD
|
Alemany Ellen R
Director |
- 60
|
1455.73 USD |
|
1 year ago
Nov 14, 2023
|
Sell 407 K USD
|
Alemany Ellen R
Director |
- 280
|
1452.77 USD |
|
1 year ago
Nov 14, 2023
|
Sell 348 K USD
|
Alemany Ellen R
Director |
- 240
|
1450.02 USD |
|
1 year ago
Nov 14, 2023
|
Sell 208 K USD
|
Alemany Ellen R
Director |
- 144
|
1447.81 USD |
|
1 year ago
Nov 14, 2023
|
Sell 688 K USD
|
Alemany Ellen R
Director |
- 476
|
1445.46 USD |
|
1 year ago
Sep 19, 2023
|
Bought 126 K USD
|
HOLDING FRANK B JR
Chairman and CEO |
+ 110
|
1150 USD |
|
1 year ago
Sep 19, 2023
|
Bought 51.8 K USD
|
HOLDING FRANK B JR
Chairman and CEO |
+ 45
|
1150 USD |
|
1 year ago
Sep 19, 2023
|
Bought 63.2 K USD
|
HOLDING FRANK B JR
Chairman and CEO |
+ 55
|
1150 USD |
|
1 year ago
Sep 19, 2023
|
Bought 51.8 K USD
|
HOLDING FRANK B JR
Chairman and CEO |
+ 45
|
1150 USD |
|
1 year ago
Sep 19, 2023
|
Bought 23 K USD
|
HOLDING FRANK B JR
Chairman and CEO |
+ 20
|
1150 USD |
|
1 year ago
Sep 08, 2023
|
Bought 6.62 K USD
|
NIX CRAIG L
Chief Financial Officer |
+ 5
|
1324.12 USD |
|
1 year ago
Aug 07, 2023
|
Sell 2.25 M USD
|
Alemany Ellen R
Special Advisor to Chairman |
- 1500
|
1500.2758 USD |
|
1 year ago
Jun 16, 2023
|
Sell 4.56 M USD
|
HOLDING FRANK B JR
Chairman and CEO |
- 3515
|
1298.03 USD |
|
1 year ago
Jun 16, 2023
|
Bought 4.56 M USD
|
HOLDING FRANK B JR
Chairman and CEO |
+ 3700
|
1233.1285 USD |
|
1 year ago
Mar 09, 2023
|
Bought 107 K USD
|
HOLDING FRANK B JR
Chairman and CEO |
+ 165
|
650 USD |
|
1 year ago
Mar 09, 2023
|
Bought 201 K USD
|
NIX CRAIG L
Chief Financial Officer |
+ 9228
|
21.75 USD |
|
1 year ago
Mar 09, 2023
|
Bought 853 USD
|
NIX CRAIG L
Chief Financial Officer |
+ 37
|
23.05 USD |
|
1 year ago
Mar 08, 2023
|
Bought 49.6 K USD
|
NIX CRAIG L
Chief Financial Officer |
+ 73
|
678.795 USD |
|
1 year ago
Mar 07, 2023
|
Bought 153 K USD
|
HOLDING FRANK B JR
Chairman and CEO |
+ 235
|
650 USD |
|
1 year ago
Mar 02, 2023
|
Bought 49.7 K USD
|
NIX CRAIG L
Chief Financial Officer |
+ 70
|
710.04 USD |
|
1 year ago
Feb 22, 2023
|
Bought 14.6 K USD
|
FLOOD EUGENE JR
Director |
+ 20
|
729.18 USD |
|
1 year ago
Feb 03, 2023
|
Bought 737 K USD
|
HOLDING FRANK B JR
Chairman and CEO |
+ 1020
|
722.51 USD |
|
2 years ago
Feb 01, 2022
|
Bought 80.9 K USD
|
NIX CRAIG L
Chief Financial Officer |
+ 104
|
777.45 USD |
|
1 year ago
Dec 13, 2022
|
Bought 31.9 K USD
|
WARD JEFFERY L
Chief Strategy Officer |
+ 1600
|
19.93 USD |
|
1 year ago
Dec 07, 2022
|
Sell 21.1 K USD
|
Heavner Daniel L
Director |
- 27
|
781.12 USD |
|
1 year ago
Nov 30, 2022
|
Bought 53.1 K USD
|
NIX CRAIG L
Chief Financial Officer |
+ 67
|
791.9815 USD |
|
2 years ago
Jan 27, 2022
|
Bought 22.3 K USD
|
NIX CRAIG L
Chief Financial Officer |
+ 29
|
770.26 USD |
|
2 years ago
Jan 27, 2022
|
Bought 77 K USD
|
NIX CRAIG L
Chief Financial Officer |
+ 100
|
770.23 USD |
|
4 years ago
Mar 13, 2020
|
Bought 1.49 M USD
|
BRYANT HOPE HOLDING
Vice Chairman |
+ 78945
|
18.88 USD |
|
4 years ago
Mar 13, 2020
|
Bought 986 K USD
|
BRYANT HOPE HOLDING
Vice Chairman |
+ 40000
|
24.65 USD |
|
11 years ago
Sep 18, 2013
|
Sell 510 K USD
|
HOLDING FRANK B
Executive Vice Chairman |
- 2500
|
204.06 USD |
|
11 years ago
Sep 18, 2013
|
Sell 455 K USD
|
HOLDING FRANK B
Executive Vice Chairman |
- 2231
|
204.1 USD |
|
11 years ago
Sep 09, 2013
|
Sell 819 K USD
|
HOLDING FRANK B
Executive Vice Chairman |
- 4000
|
204.6319 USD |
|
11 years ago
Sep 09, 2013
|
Sell 212 K USD
|
HOLDING FRANK B
Executive Vice Chairman |
- 1031
|
205.3567 USD |
|
11 years ago
Sep 09, 2013
|
Sell 200 K USD
|
HOLDING FRANK B
Executive Vice Chairman |
- 969
|
206.0477 USD |
|
12 years ago
Mar 19, 2012
|
Bought 2.44 K USD
|
HOLDING FRANK B
Executive Vice Chairman |
+ 15
|
162.65 USD |
|
12 years ago
Aug 15, 2012
|
Bought 132 K USD
|
HOLDING FRANK B
Executive Vice Chairman |
+ 800
|
165 USD |
|
12 years ago
May 21, 2012
|
Bought 20.2 K USD
|
HOLDING FRANK B JR
Chairman and CEO |
+ 119
|
170 USD |
|
12 years ago
May 21, 2012
|
Bought 20.2 K USD
|
HOLDING FRANK B JR
Chairman and CEO |
+ 119
|
170 USD |
|
12 years ago
Feb 14, 2012
|
Bought 97.8 K USD
|
HOLDING FRANK B
Executive Vice Chairman |
+ 555
|
176.25 USD |
|
12 years ago
Feb 14, 2012
|
Bought 28.6 K USD
|
HOLDING FRANK B
Executive Vice Chairman |
+ 162
|
176.25 USD |
|
12 years ago
Feb 14, 2012
|
Bought 881 USD
|
HOLDING FRANK B
Executive Vice Chairman |
+ 5
|
176.25 USD |
|
12 years ago
Feb 14, 2012
|
Bought 14.5 K USD
|
HOLDING FRANK B
Executive Vice Chairman |
+ 80
|
181 USD |
|
13 years ago
Nov 21, 2011
|
Bought 25.8 K USD
|
CONNELL HOPE HOLDING
Vice Chairman |
+ 150
|
172 USD |
|
13 years ago
Nov 21, 2011
|
Bought 25.8 K USD
|
CONNELL HOPE HOLDING
Vice Chairman |
+ 150
|
172 USD |
|
13 years ago
Nov 21, 2011
|
Bought 25.8 K USD
|
CONNELL HOPE HOLDING
Vice Chairman |
+ 150
|
172 USD |
|
13 years ago
Nov 14, 2011
|
Bought 7.47 K USD
|
HOLDING FRANK B
Executive Vice Chairman |
+ 44
|
169.78 USD |
|
13 years ago
Nov 14, 2011
|
Bought 489 K USD
|
HOLDING FRANK B
Executive Vice Chairman |
+ 2876
|
170 USD |
|
13 years ago
Nov 14, 2011
|
Bought 51.2 K USD
|
HOLDING FRANK B
Executive Vice Chairman |
+ 300
|
170.5 USD |
|
13 years ago
Jul 08, 2011
|
Bought 18.9 K USD
|
HOLDING FRANK B
Executive Vice Chairman |
+ 100
|
189 USD |
|
13 years ago
Jul 08, 2011
|
Bought 55.1 K USD
|
HOLDING FRANK B
Executive Vice Chairman |
+ 295
|
186.75 USD |
|
14 years ago
Feb 10, 2010
|
Bought 17.1 K USD
|
HOLDING FRANK B
Executive Vice Chairman |
+ 100
|
170.66 USD |
|
14 years ago
Dec 22, 2009
|
Bought 17.3 K USD
|
HOLDING FRANK B
Executive Vice Chairman |
+ 104
|
166 USD |
|
14 years ago
Dec 18, 2009
|
Bought 167 K USD
|
HOLDING FRANK B
Executive Vice Chairman |
+ 1000
|
167 USD |
|
14 years ago
Dec 18, 2009
|
Bought 29.2 K USD
|
HOLDING FRANK B
Executive Vice Chairman |
+ 175
|
167 USD |
|
15 years ago
Apr 09, 2009
|
Sell 2.17 M USD
|
HOLDING LEWIS R
Director |
- 17000
|
127.69 USD |
7. News
8. Profile Summary
First Citizens BancShares, Inc. FCNCO
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 30.1 B
Dividend Yield
0.14%
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.
Contact
4300 Six Forks Road, Raleigh, NC, 27609
https://www.firstcitizens.com
IPO Date
Jan. 7, 2022
Employees
15715
Officers
Mr. Matthew G. T. Martin
Chief Counsel & Corporate Secretary
Mr. Douglas Berlon
Senior Vice President
Mr. Peter McDonald Bristow
President & Director
Mr. Gregory L. Smith
Chief Information & Operations Officer
Ms. Deanna W. Hart
Senior Vice President of Investor Relations
Ms. Barbara Thompson
Director of Corporate Communications & Brand Marketing
Mr. Jeffery L. Ward
Chief Strategy Officer
Ms. Lorie King Rupp
Chief Risk Officer
Mr. Frank Brown Holding Jr.
Chairman & Chief Executive Officer
Ms. Hope Holding Bryant
Vice Chairwoman