First Citizens BancShares (NASDAQ:FCNCA) Releases Earnings Results, Beats Expectations By $16.40 EPS

Posted by on Jul 23rd, 2026

First Citizens BancShares (NASDAQ:FCNCA – Get Free Report) posted its quarterly earnings data on Thursday. The bank reported $57.09 earnings per share for the quarter, topping analysts’ consensus estimates of $40.69 by $16.40, FiscalAI reports. First Citizens BancShares had a return on equity of 11.48% and a net margin of 15.62%.The business had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.16 billion.

First Citizens BancShares Stock Performance

FCNCA traded up $75.36 during trading on Thursday, hitting $2,152.93. 51,295 shares of the stock were exchanged, compared to its average volume of 90,133. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.67. First Citizens BancShares has a 1-year low of $1,623.76 and a 1-year high of $2,232.21. The stock has a fifty day moving average price of $2,053.95 and a two-hundred day moving average price of $2,016.98. The firm has a market capitalization of $24.95 billion, a P/E ratio of 12.37, a PEG ratio of 1.56 and a beta of 0.62.

Insider Buying and Selling at First Citizens BancShares

In other First Citizens BancShares news, CEO Frank B. Holding, Jr. bought 528 shares of the stock in a transaction dated Friday, June 5th. The shares were acquired at an average cost of $1,813.37 per share, for a total transaction of $957,459.36. Following the completion of the transaction, the chief executive officer owned 64,100 shares in the company, valued at approximately $116,237,017. The trade was a 0.83% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders purchased 7,190 shares of company stock valued at $12,573,868 over the last three months. 14.63% of the stock is currently owned by corporate insiders.

Institutional Trading of First Citizens BancShares

A number of large investors have recently bought and sold shares of the business. UMB Bank n.a. grew its position in First Citizens BancShares by 50.0% during the 4th quarter. UMB Bank n.a. now owns 24 shares of the bank’s stock worth $52,000 after purchasing an additional 8 shares during the last quarter. Jessup Wealth Management Inc acquired a new stake in shares of First Citizens BancShares during the fourth quarter worth about $56,000. Los Angeles Capital Management LLC purchased a new position in shares of First Citizens BancShares during the fourth quarter worth about $84,000. Quantbot Technologies LP purchased a new position in shares of First Citizens BancShares during the third quarter worth about $77,000. Finally, Golden State Wealth Management LLC grew its holdings in shares of First Citizens BancShares by 1,600.0% during the fourth quarter. Golden State Wealth Management LLC now owns 51 shares of the bank’s stock worth $110,000 after buying an additional 48 shares during the last quarter. Institutional investors and hedge funds own 78.01% of the company’s stock.

Wall Street Analysts Forecast Growth

FCNCA has been the subject of several analyst reports. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $2,300.00 price objective on shares of First Citizens BancShares in a research report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft cut First Citizens BancShares from a “buy” rating to a “hold” rating and set a $2,154.00 target price for the company. in a research note on Wednesday, April 8th. Weiss Ratings raised First Citizens BancShares from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, July 8th. JPMorgan Chase & Co. increased their price target on shares of First Citizens BancShares from $2,150.00 to $2,350.00 and gave the company a “neutral” rating in a research note on Wednesday, July 1st. Finally, Fundamental Research set a $2,350.00 price objective on shares of First Citizens BancShares in a report on Wednesday, July 1st. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $2,247.08.

Get Our Latest Stock Analysis on First Citizens BancShares

About First Citizens BancShares

(Get Free Report)

First Citizens BancShares, Inc is the bank holding company for First Citizens Bank, a full‑service commercial bank headquartered in Raleigh, North Carolina. The company traces its roots to a community bank founded in 1898 and has grown into a diversified financial services organization that operates through its banking subsidiary to serve retail, commercial and institutional clients.

First Citizens offers a broad suite of banking products and services, including consumer and business deposit accounts, commercial and industrial lending, real estate and mortgage lending, treasury and cash management, and specialized lending solutions.

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Earnings History for First Citizens BancShares (NASDAQ:FCNCA)

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