First Citizens BancShares (DB:FC6A) - Stock Price, News & Analysis

FC6A Stock Overview

Operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals. More details

FC6A fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	2/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 40.1% below our estimate of its fair value

Risk Analysis

Earnings are forecast to decline by an average of 8.2% per year for the next 3 years

Volatile share price over the past 3 months compared to the German market

Profit margins (27%) are lower than last year

First Citizens BancShares, Inc. Competitors

Commerzbank

XTRA:CBK

€18.2b

ProCredit Holding

XTRA:PCZ

€450.0m

QNB Bank

IBSE:QNBTR

₺953.9b

Emirates NBD Bank PJSC

DFM:EMIRATESNBD

د.إ123.2b

Price History & Performance

Summary of all time highs, changes and price drops for First Citizens BancShares
Historical stock prices
Current Share Price	US$2,200.00
52 Week High	US$2,200.00
52 Week Low	US$1,250.00
Beta	0.81
11 Month Change	27.91%
3 Month Change	23.60%
1 Year Change	70.54%
33 Year Change	187.58%
5 Year Change	368.09%
Change since IPO	1,503.50%

Recent updates

Shareholder Returns

	FC6A	DE Banks	DE Market
7D	10.0%	-2.2%	-0.02%
1Y	70.5%	20.1%	8.2%

Return vs Industry: FC6A exceeded the German Banks industry which returned 20.1% over the past year.

Return vs Market: FC6A exceeded the German Market which returned 8.2% over the past year.

Price Volatility

Is FC6A's price volatile compared to industry and market?
FC6A volatility
FC6A Average Weekly Movement	7.1%
Banks Industry Average Movement	3.0%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.9%
10% least volatile stocks in DE Market	2.3%

Stable Share Price: FC6A's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: FC6A's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
1898	15,868	Frank Holding	www.firstcitizens.com

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 mortgage; and commercial and industrial leases, as well as small business administration loans.

First Citizens BancShares, Inc. Fundamentals Summary

How do First Citizens BancShares's earnings and revenue compare to its market cap?
FC6A fundamental statistics
Market cap	€31.24b
Earnings (TTM)	€2.43b
Revenue (TTM)	€8.99b

13.0x

P/E Ratio

1.5x

P/B Ratio

Is FC6A overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FC6A income statement (TTM)
Revenue	US$9.36b
Cost of Revenue	US$0
Gross Profit	US$9.36b
Other Expenses	US$6.83b
Earnings	US$2.53b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	180.85
Gross Margin	100.00%
Net Profit Margin	27.02%
Debt/Equity Ratio	170.4%

How did FC6A perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

4%

Payout Ratio

Does FC6A pay a reliable dividends?

See FC6A dividend history and benchmarks

When do you need to buy FC6A by to receive an upcoming dividend?
First Citizens BancShares dividend dates
Ex Dividend Date	Nov 29 2024
Dividend Pay Date	Dec 16 2024
Days until Ex dividend	4 days
Days until Dividend pay date	21 days

Does FC6A pay a reliable dividends?

See FC6A dividend history and benchmarks

FC6A Stock Overview

Rewards

Risk Analysis

First Citizens BancShares, Inc. Competitors

XTRA:CBK

€18.2b

XTRA:PCZ

€450.0m

IBSE:QNBTR

₺953.9b

DFM:EMIRATESNBD

د.إ123.2b

Price History & Performance

Recent News & Updates

New minor risk - Share price stability

Investor sentiment improves as stock rises 15%

Third quarter dividend of US$1.95 announced

First Citizens Bank Offering Tax Equity Investments in Renewable Energy Projects

First Citizens BancShares, Inc. Declares Dividends on the Class A and Class B Common Stock, Payable on December 16, 2024

Third quarter 2024 earnings released: EPS: US$43.41 (vs US$50.73 in 3Q 2023)

Recent updates

New minor risk - Share price stability

Investor sentiment improves as stock rises 15%

Third quarter dividend of US$1.95 announced

First Citizens Bank Offering Tax Equity Investments in Renewable Energy Projects

First Citizens BancShares, Inc. Declares Dividends on the Class A and Class B Common Stock, Payable on December 16, 2024

Third quarter 2024 earnings released: EPS: US$43.41 (vs US$50.73 in 3Q 2023)

First Citizens BancShares, Inc. to Report Q3, 2024 Results on Oct 24, 2024

Second quarter dividend of US$1.64 announced

New major risk - Revenue and earnings growth

Second quarter 2024 earnings released: EPS: US$47.54 (vs US$45.91 in 2Q 2023)

First Citizens BancShares, Inc. (NasdaqGS:FCNC.A) announces an Equity Buyback for $3,500 million worth of its shares.

First Citizens BancShares, Inc. (NasdaqGS:FCNC.A) announces an Equity Buyback for $3,500 million worth of its shares.

First Citizens Bancshares, Inc. Declares Dividends on the Company's Class A and Class B Common Stock, Payable on September 16, 2024

Upcoming dividend of US$1.64 per share

First quarter 2024 earnings released: EPS: US$49.27 (vs US$654 in 1Q 2023)

Director recently sold €3.3m worth of stock

Fourth quarter dividend of US$1.64 announced

First Citizens BancShares, Inc. Declares Quarterly Dividend, Payable on June 17, 2024

First Citizens BancShares, Inc. to Report Q1, 2024 Results on Apr 25, 2024

Director recently sold €4.3m worth of stock

First Citizens BancShares, Inc. (NasdaqGS:FCNC.A) entered into a definitive purchase agreement to acquire Svb Global Services India LLP from SVB Financial Group (OTCPK:SIVB.Q).

First Citizens BancShares, Inc., Annual General Meeting, May 01, 2024

Full year 2023 earnings released: EPS: US$785 (vs US$67.47 in FY 2022)

Upcoming dividend of US$1.64 per share

Third quarter dividend of US$1.64 announced

First Citizens BancShares, Inc. Provides Net Interest Income Guidance for the First Quarter and Full Year of 2024

First Citizens BancShares, Inc. Provides Net Interest Income Guidance for the First Quarter and Full Year of 2024

First Citizens Bancshares, Inc. Announces Net Charge-Offs Fourth Quarter Ended December 31, 2023

First Citizens Bank Announces Appoints James Bennett as Executive Director of External Affairs

First Citizens BancShares, Inc. to Report Q4, 2023 Results on Jan 26, 2024

Vice Chairwoman recently sold €896k worth of stock

First Citizens BancShares, Inc. and First-Citizens Bank & Trust Company Appoint David G. Leitch to its Board of Directors and Audit Committee and Compensation, Nominations and Governance Committee, Effective January 1, 2024

Upcoming dividend of US$1.64 per share at 0.5% yield

Vice Chairwoman recently sold €2.7m worth of stock

First Citizens BancShares, Inc. Announces Demise of Floyd Keels, Member of Board of Directors

First Citizens BancShares, Inc. Declares Quarterly Dividend, Payable on December 15, 2023

Third quarter 2023 earnings released: EPS: US$50.73 (vs US$19.29 in 3Q 2022)

First Citizens BancShares, Inc. to Report Q3, 2023 Results on Oct 26, 2023

First Citizens BancShares, Inc. to Report Q3, 2023 Results on Oct 26, 2023

Upcoming dividend of US$0.75 per share at 0.2% yield

Vice Chairwoman recently sold €2.0m worth of stock

Second quarter 2023 earnings released: EPS: US$46.97 (vs US$14.85 in 2Q 2022)

First Citizens BancShares, Inc. to Report Q2, 2023 Results on Aug 03, 2023

Chairman & CEO recently sold €4.2m worth of stock

Upcoming dividend of US$0.75 per share at 0.2% yield

First Citizens BancShares, Inc. Reports Impairment Charges for the First Quarter Ended March 31, 2023

First quarter 2023 earnings released: EPS: US$654 (vs US$16.73 in 1Q 2022)

Investor sentiment improves as stock rises 56%

Investor sentiment deteriorates as stock falls 17%

Full year 2022 earnings released: EPS: US$67.47 (vs US$53.89 in FY 2021)

Upcoming dividend of US$0.75 per share at 0.4% yield

First Citizens Bancshares, Inc. Declares Dividends on the Company's Class A and Class B Common Stock, Payable on March 15, 2023

Full year 2022 earnings released: EPS: US$67.47 (vs US$53.88 in FY 2021)

First Citizens BancShares, Inc. to Report Q4, 2022 Results on Jan 26, 2023

CFO & Principal Accounting Officer recently bought €51k worth of stock

Upcoming dividend of US$0.75 per share

Third quarter 2022 earnings released: EPS: US$19.29 (vs US$12.17 in 3Q 2021)

First Citizens BancShares, Inc. Announces Board Changes

First Citizens Bancshares, Inc. Declares Quarterly Dividend on Class A and Class B Common Stock, Payable on December 15, 2022