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Financial Services - Banks - Regional - NASDAQ - US
$ 22.9
-0.174 %
$ 30 B
Market Cap
0.4
P/E
1. INTRINSIC VALUE

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 FCNCP stock under the base case scenario is HIDDEN Compared to the current market price of 22.9 USD, First Citizens BancShares, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart FCNCP

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FINANCIALS
7.6 B REVENUE
67.45%
3.33 B OPERATING INCOME
20.04%
11.5 B NET INCOME
944.26%
2.66 B OPERATING CASH FLOW
-4.69%
2.43 B INVESTING CASH FLOW
3138.67%
-4.7 B FINANCING CASH FLOW
-74.94%
2.44 B REVENUE
-35.20%
914 M OPERATING INCOME
-14.66%
639 M NET INCOME
-9.62%
991 M OPERATING CASH FLOW
119.25%
-301 M INVESTING CASH FLOW
83.76%
-592 M FINANCING CASH FLOW
-40.33%
Balance Sheet Decomposition First Citizens BancShares, Inc.
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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.
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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
53.66%
43.81% OPERATING MARGIN
43.81%
150.79% NET MARGIN
150.79%
53.94% ROE
53.94%
5.36% ROA
5.36%
5.41% ROIC
5.41%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis First Citizens BancShares, Inc.
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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
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets First Citizens BancShares, Inc.
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FCNCP has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.14% DIVIDEND YIELD
0.336 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership First Citizens BancShares, Inc.
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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
Feb 24, 2022
Bought 109 K USD
Ludwig West
Chief Human Resources Officer
+ 150
725.86 USD
2 years ago
Feb 23, 2022
Bought 49.2 K USD
DURHAM HAROLD LEE JR
Director
+ 2000
24.6 USD
2 years ago
Jan 31, 2022
Bought 129 K USD
WARD JEFFERY L
Chief Strategy Officer
+ 172
749.663 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
2 years ago
Jan 27, 2022
Bought 15.7 K USD
Hoppe Robert R
Director
+ 20
785.43 USD
3 years ago
Mar 19, 2021
Bought 149 K USD
WARD JEFFERY L
Chief Strategy Officer
+ 178
837.99 USD
3 years ago
Mar 08, 2021
Bought 243 K USD
Holding Olivia Britton
10 percent owner
+ 330
735 USD
3 years ago
Mar 08, 2021
Bought 165 K USD
HOLDING FRANK B JR
Chairman and CEO
+ 225
735 USD
3 years ago
Mar 09, 2021
Bought 147 K USD
HOLDING FRANK B JR
Chairman and CEO
+ 200
735 USD
3 years ago
Mar 08, 2021
Bought 165 K USD
HOLDING FRANK B JR
Chairman and CEO
+ 225
735 USD
4 years ago
Mar 19, 2020
Bought 1.49 M USD
Holding Olivia Britton
10 percent owner
+ 78945
18.88 USD
4 years ago
Mar 13, 2020
Bought 986 K USD
Holding Olivia Britton
10 percent owner
+ 40000
24.65 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
4 years ago
Apr 07, 2020
Bought 27.8 K USD
BRISTOW PETER M
President
+ 1285
21.6 USD
4 years ago
Apr 07, 2020
Bought 27.8 K USD
Bristow Claire H
10 percent owner
+ 1285
21.6 USD
4 years ago
Mar 17, 2020
Bought 43 K USD
Holding Olivia Britton
10 percent owner
+ 2000
21.52 USD
4 years ago
Mar 10, 2020
Bought 9.33 K USD
DURHAM HAROLD LEE JR
Director
+ 25
373.21 USD
4 years ago
Mar 04, 2020
Bought 632 K USD
HOLDING FRANK B JR
Chairman and CEO
+ 1542
410 USD
4 years ago
Feb 28, 2020
Bought 59.5 K USD
NIX CRAIG L
Chief Financial Officer
+ 131
454.5 USD
5 years ago
Sep 11, 2019
Sell 215 K USD
Bristow Claire H
10 percent owner
- 455
472.05 USD
5 years ago
Sep 12, 2019
Sell 4.51 M USD
Bristow Claire H
10 percent owner
- 9545
472 USD
5 years ago
Sep 11, 2019
Sell 215 K USD
BRISTOW PETER M
President
- 455
472.05 USD
5 years ago
Sep 12, 2019
Sell 4.51 M USD
BRISTOW PETER M
President
- 9545
472 USD
5 years ago
Aug 28, 2019
Bought 34.2 K USD
Hoppe Robert R
Director
+ 80
427 USD
5 years ago
Aug 13, 2019
Bought 20 K USD
HOLDING FRANK B JR
Chairman and CEO
+ 54
370 USD
5 years ago
Aug 07, 2019
Bought 12.2 K USD
HOLDING FRANK B JR
Chairman and CEO
+ 33
370 USD
5 years ago
Jul 05, 2019
Sell 2.29 M USD
Bristow Claire H
10 percent owner
- 5000
457.99 USD
5 years ago
Jul 05, 2019
Sell 2.28 M USD
Bristow Claire H
10 percent owner
- 5000
455.02 USD
5 years ago
Jul 05, 2019
Sell 2.29 M USD
BRISTOW PETER M
President
- 5000
457.99 USD
5 years ago
Jul 05, 2019
Sell 2.28 M USD
BRISTOW PETER M
President
- 5000
455.02 USD
5 years ago
Jun 28, 2019
Sell 4.49 M USD
Bristow Claire H
10 percent owner
- 10000
449 USD
5 years ago
Jul 01, 2019
Sell 4.54 M USD
Bristow Claire H
10 percent owner
- 10000
454 USD
5 years ago
Jun 28, 2019
Sell 4.49 M USD
BRISTOW PETER M
President
- 10000
449 USD
5 years ago
Jul 01, 2019
Sell 4.54 M USD
BRISTOW PETER M
President
- 10000
454 USD
5 years ago
Jun 25, 2019
Bought 37 K USD
HOLDING FRANK B JR
Chairman and CEO
+ 100
370 USD
5 years ago
Jun 17, 2019
Bought 844 K USD
Holding Olivia Britton
10 percent owner
+ 2250
375 USD
5 years ago
Jun 17, 2019
Bought 1.95 M USD
HOLDING FRANK B JR
Chairman and CEO
+ 5193
375 USD
5 years ago
Jun 17, 2019
Bought 412 K USD
HOLDING FRANK B JR
Chairman and CEO
+ 1100
375 USD
5 years ago
Jun 14, 2019
Bought 37 K USD
HOLDING FRANK B JR
Chairman and CEO
+ 100
370.1 USD
5 years ago
Jun 14, 2019
Bought 37.1 K USD
HOLDING FRANK B JR
Chairman and CEO
+ 100
371 USD
5 years ago
Jun 06, 2019
Bought 880 USD
NIX CRAIG L
Chief Financial Officer
+ 2
439.8983 USD
5 years ago
May 22, 2019
Sell 44.8 K USD
BRISTOW PETER M
President
- 100
448.02 USD
5 years ago
May 22, 2019
Sell 4.44 M USD
BRISTOW PETER M
President
- 9900
448 USD
5 years ago
May 22, 2019
Sell 44.8 K USD
Bristow Claire H
10 percent owner
- 100
448.02 USD
5 years ago
May 22, 2019
Sell 4.44 M USD
Bristow Claire H
10 percent owner
- 9900
448 USD
5 years ago
Mar 25, 2019
Bought 13.3 K USD
HOLDING FRANK B JR
Chairman and CEO
+ 38
350 USD
5 years ago
Mar 25, 2019
Bought 696 USD
HOLDING FRANK B JR
Chairman and CEO
+ 2
348 USD
5 years ago
Mar 22, 2019
Bought 9.88 K USD
DURHAM HAROLD LEE JR
Director
+ 25
395 USD
5 years ago
Feb 06, 2019
Bought 35.3 K USD
NIX CRAIG L
Chief Financial Officer
+ 84
419.86 USD
5 years ago
Dec 20, 2018
Sell 9.16 K USD
Heavner Daniel L
Director
- 25
366.28 USD
5 years ago
Nov 30, 2018
Sell 561 K USD
BRYANT HOPE HOLDING
Vice Chairman
- 1308
429.0992 USD
5 years ago
Nov 30, 2018
Sell 427 K USD
BRYANT HOPE HOLDING
Vice Chairman
- 1000
427 USD
5 years ago
Nov 29, 2018
Sell 856 K USD
BRYANT HOPE HOLDING
Vice Chairman
- 2000
428.1315 USD
5 years ago
Nov 29, 2018
Sell 854 K USD
BRYANT HOPE HOLDING
Vice Chairman
- 2000
427.0587 USD
5 years ago
Nov 29, 2018
Sell 856 K USD
Holding Olivia Britton
10 percent owner
- 2000
428.1315 USD
5 years ago
Nov 29, 2018
Sell 854 K USD
Holding Olivia Britton
10 percent owner
- 2000
427.0587 USD
5 years ago
Nov 29, 2018
Sell 625 K USD
Holding Olivia Britton
10 percent owner
- 1469
425.5485 USD
5 years ago
Nov 30, 2018
Sell 83 K USD
Holding Olivia Britton
10 percent owner
- 192
432.2526 USD
5 years ago
Nov 30, 2018
Sell 561 K USD
Holding Olivia Britton
10 percent owner
- 1308
429.0992 USD
5 years ago
Nov 30, 2018
Sell 427 K USD
Holding Olivia Britton
10 percent owner
- 1000
427 USD
5 years ago
Nov 26, 2018
Sell 229 K USD
BRYANT HOPE HOLDING
Vice Chairman
- 531
432 USD
5 years ago
Nov 26, 2018
Sell 229 K USD
Holding Olivia Britton
10 percent owner
- 531
432 USD
6 years ago
Nov 19, 2018
Sell 870 K USD
Holding Olivia Britton
10 percent owner
- 2000
435 USD
6 years ago
Nov 19, 2018
Sell 870 K USD
BRYANT HOPE HOLDING
Vice Chairman
- 2000
435 USD
5 years ago
Nov 20, 2018
Bought 28.9 K USD
HOLDING FRANK B JR
Chairman and CEO
+ 75
385 USD
6 years ago
Nov 15, 2018
Sell 435 K USD
BRYANT HOPE HOLDING
Vice Chairman
- 1000
435 USD
6 years ago
Nov 16, 2018
Sell 438 K USD
BRYANT HOPE HOLDING
Vice Chairman
- 1000
438 USD
6 years ago
Nov 01, 2018
Bought 98.3 K USD
Heavner Daniel L
Director
+ 230
427.27 USD
6 years ago
Nov 01, 2018
Bought 9.62 K USD
HOLDING FRANK B JR
Chairman and CEO
+ 25
385 USD
6 years ago
Nov 01, 2018
Bought 21.5 K USD
DURHAM HAROLD LEE JR
Director
+ 50
429.68 USD
6 years ago
Oct 31, 2018
Bought 27.4 K USD
NIX CRAIG L
Chief Financial Officer
+ 64
428.55 USD
6 years ago
Oct 31, 2018
Bought 14.8 K USD
NIX CRAIG L
Chief Financial Officer
+ 35
423.5 USD
6 years ago
Sep 05, 2018
Bought 28.3 K USD
NIX CRAIG L
Chief Financial Officer
+ 60
471.75 USD
6 years ago
Jun 28, 2018
Bought 20.4 K USD
DURHAM HAROLD LEE JR
Director
+ 50
407 USD
6 years ago
Jun 12, 2018
Bought 378 K USD
HOLDING FRANK B JR
Chairman and CEO
+ 1000
378 USD
6 years ago
Jun 08, 2018
Bought 38.5 K USD
BRISTOW PETER M
President
+ 100
385 USD
6 years ago
Jun 08, 2018
Bought 38.5 K USD
Bristow Claire H
10 percent owner
+ 100
385 USD
6 years ago
May 30, 2018
Bought 76 K USD
HOLDING FRANK B JR
Chairman and CEO
+ 195
390 USD
6 years ago
May 30, 2018
Bought 76 K USD
Holding Olivia Britton
10 percent owner
+ 195
390 USD
7. News
First Citizens BancShares, Inc. 2020 Q2 - Results - Earnings Call Presentation The following slide deck was published by First Citizens BancShares, Inc. in conjunction with their 2020 Q2 earnings call.. seekingalpha.com - 4 years ago
First Citizens BancShares, Inc. (FCNCA) CEO Frank Holding on Q2 2020 Results - Earnings Call Transcript Start Time: 09:00 End Time: 09:59 First Citizens BancShares, Inc. (NASDAQ:FCNCA) Q2 2020 Earnings Conference Call July 29, 2020, 09:00 AM ET Company Participants Frank Holding - Chairman and CEO Craig Nix - CFO Elliot Howard - Manager Mergers and Acquisitions Jim Bryan - EVP and Chief Credit Policy Officer Tom Eklund - Treasurer Tom Heath - Director of IR Conference Call Participants Josh Wheeler - Reinhart Partners Presentation Operator Ladies and gentlemen, thank you for standing by, and welcome to the First Citizens BancShares Q2 Earnings Conference Call. seekingalpha.com - 4 years ago
8. Profile Summary

First Citizens BancShares, Inc. FCNCP

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COUNTRY US
INDUSTRY Banks - Regional
MARKET CAP $ 30 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 March 6, 2020
Employees 15715
Officers Mr. Peter McDonald Bristow President & Director Mr. Matthew G. T. Martin Chief Counsel & Corporate Secretary Ms. Barbara Thompson Director of Corporate Communications & Brand Marketing Ms. Deanna W. Hart Senior Vice President of Investor Relations Mr. Douglas Berlon Senior Vice President Ms. Hope Holding Bryant Vice Chairwoman Mr. Jeffery L. Ward Chief Strategy Officer Mr. Gregory L. Smith Chief Information & Operations Officer Mr. Frank Brown Holding Jr. Chairman & Chief Executive Officer Ms. Lorie King Rupp Chief Risk Officer