First Citizens BancShares (NASDAQ:FCNCA) Sets New 52-Week High – Still a Buy?

Posted by on Aug 13th, 2026

First Citizens BancShares, Inc. (NASDAQ:FCNCA – Get Free Report)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as $2,296.30 and last traded at $2,290.8130, with a volume of 4793 shares. The stock had previously closed at $2,271.31.

Analysts Set New Price Targets

A number of research firms have recently weighed in on FCNCA. Jefferies Financial Group restated a “hold” rating and issued a $2,300.00 target price on shares of First Citizens BancShares in a report on Thursday, July 23rd. Fundamental Research set a $2,350.00 price target on First Citizens BancShares in a research report on Wednesday, July 1st. Barclays boosted their price objective on First Citizens BancShares from $2,346.00 to $2,376.00 and gave the stock an “equal weight” rating in a research note on Monday, July 27th. Truist Financial upped their price objective on First Citizens BancShares from $2,150.00 to $2,323.00 and gave the company a “hold” rating in a research report on Tuesday, July 28th. Finally, The Goldman Sachs Group raised their price objective on First Citizens BancShares from $2,100.00 to $2,340.00 and gave the company a “neutral” rating in a research note on Tuesday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $2,278.31.

Check Out Our Latest Stock Analysis on First Citizens BancShares

First Citizens BancShares Stock Down 0.1%

The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.67. The company has a 50-day simple moving average of $2,125.42 and a 200 day simple moving average of $2,021.13. The company has a market cap of $26.30 billion, a P/E ratio of 12.14, a P/E/G ratio of 1.72 and a beta of 0.62.

First Citizens BancShares (NASDAQ:FCNCA – Get Free Report) last released its earnings results on Thursday, July 23rd. The bank reported $57.09 earnings per share for the quarter, topping the consensus estimate of $0.41 by $56.68. The business had revenue of $2.43 billion during the quarter, compared to the consensus estimate of $2.16 billion. First Citizens BancShares had a return on equity of 11.98% and a net margin of 16.28%. On average, equities analysts anticipate that First Citizens BancShares, Inc. will post 190.06 EPS for the current year.

First Citizens BancShares Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a dividend of $2.10 per share. The ex-dividend date is Monday, August 31st. This represents a $8.40 dividend on an annualized basis and a yield of 0.4%. First Citizens BancShares’s dividend payout ratio (DPR) is presently 4.49%.

Insiders Place Their Bets

In related news, CEO Frank B. Holding, Jr. acquired 528 shares of the stock in a transaction on Friday, June 5th. The stock was bought at an average cost of $1,813.37 per share, with a total value of $957,459.36. Following the transaction, the chief executive officer directly owned 64,100 shares in the company, valued at approximately $116,237,017. This represents a 0.83% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. In the last three months, insiders have bought 1,250 shares of company stock worth $2,316,557. Company insiders own 14.63% of the company’s stock.

Institutional Trading of First Citizens BancShares

Institutional investors and hedge funds have recently modified their holdings of the stock. Hilton Head Capital Partners LLC bought a new position in First Citizens BancShares in the fourth quarter worth approximately $26,000. Reflection Asset Management bought a new stake in First Citizens BancShares during the 4th quarter valued at $45,000. Global Assets Advisory LLC bought a new stake in First Citizens BancShares during the 1st quarter valued at $45,000. UMB Bank n.a. lifted its holdings in shares of First Citizens BancShares by 50.0% in the 4th quarter. UMB Bank n.a. now owns 24 shares of the bank’s stock worth $52,000 after buying an additional 8 shares during the period. Finally, Jessup Wealth Management Inc purchased a new stake in shares of First Citizens BancShares in the 4th quarter worth $56,000. Institutional investors own 78.01% of the company’s stock.

First Citizens BancShares Company Profile

(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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