First Citizens BancShares (NASDAQ:FCNCP) Shares Down 2.7% – What’s Next?

First Citizens BancShares, Inc. (NASDAQ:FCNCP) shares traded down 2.7% on Wednesday . The company traded as low as $22.26 and last traded at $22.28. 117,202 shares traded hands during mid-day trading, an increase of 531% from the average session volume of 18,575 shares. The stock had previously closed at $22.90.

First Citizens BancShares Stock Down 2.7 %

The business has a fifty day moving average of $23.13 and a two-hundred day moving average of $22.90.

First Citizens BancShares Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were paid a dividend of $0.3359 per share. This represents a $1.34 annualized dividend and a dividend yield of 6.03%. The ex-dividend date of this dividend was Friday, November 29th.

First Citizens BancShares Company Profile

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.