Q1 Earnings Forecast for FCNCA Issued By DA Davidson

First Citizens BancShares, Inc. (NASDAQ:FCNCA) – DA Davidson issued their Q1 2025 earnings estimates for shares of First Citizens BancShares in a report issued on Tuesday, February 11th. DA Davidson analyst M. Navas anticipates that the bank will earn $36.40 per share for the quarter. The consensus estimate for First Citizens BancShares’ current full-year earnings is $165.15 per share. DA Davidson also issued estimates for First Citizens BancShares’ FY2026 earnings at $191.20 EPS.

First Citizens BancShares (NASDAQ:FCNCA) last announced its quarterly earnings data on Friday, January 24th. The bank reported $45.10 earnings per share for the quarter, topping the consensus estimate of $39.32 by $5.78. First Citizens BancShares had a return on equity of 13.22% and a net margin of 18.55%.

Several other research analysts have also weighed in on the stock. Wedbush reduced their price objective on shares of First Citizens BancShares from $2,150.00 to $2,000.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Truist Financial upped their price objective on shares of First Citizens BancShares from $2,303.00 to $2,384.00 and gave the company a “hold” rating in a research report on Wednesday, January 29th. Barclays lifted their target price on First Citizens BancShares from $2,456.00 to $2,568.00 and gave the stock an “equal weight” rating in a report on Monday, January 27th. Deutsche Bank Aktiengesellschaft assumed coverage on First Citizens BancShares in a report on Monday, December 9th. They issued a “buy” rating and a $2,600.00 price target for the company. Finally, JPMorgan Chase & Co. boosted their price objective on First Citizens BancShares from $2,550.00 to $2,600.00 and gave the company an “overweight” rating in a research report on Tuesday, January 7th. Seven analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $2,323.50.

First Citizens BancShares Stock Performance

Shares of First Citizens BancShares stock opened at $2,125.31 on Wednesday. First Citizens BancShares has a 52 week low of $1,460.76 and a 52 week high of $2,412.93. The company has a debt-to-equity ratio of 1.68, a quick ratio of 1.08 and a current ratio of 1.08. The stock has a market capitalization of $29.73 billion, a price-to-earnings ratio of 11.22, a PEG ratio of 1.00 and a beta of 0.85. The firm has a fifty day moving average of $2,146.68 and a two-hundred day moving average of $2,065.53.

First Citizens BancShares Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 28th will be paid a dividend of $1.95 per share. This represents a $7.80 dividend on an annualized basis and a dividend yield of 0.37%. The ex-dividend date of this dividend is Friday, February 28th. First Citizens BancShares’s dividend payout ratio is presently 4.12%.

Hedge Funds Weigh In On First Citizens BancShares

Several institutional investors and hedge funds have recently made changes to their positions in the company. Creative Planning raised its stake in First Citizens BancShares by 4.5% in the 3rd quarter. Creative Planning now owns 1,138 shares of the bank’s stock worth $2,095,000 after purchasing an additional 49 shares in the last quarter. SeaCrest Wealth Management LLC raised its position in shares of First Citizens BancShares by 7.3% in the third quarter. SeaCrest Wealth Management LLC now owns 177 shares of the bank’s stock valued at $326,000 after buying an additional 12 shares in the last quarter. nVerses Capital LLC bought a new stake in shares of First Citizens BancShares in the third quarter valued at approximately $184,000. Stonegate Investment Group LLC grew its position in First Citizens BancShares by 42.8% during the third quarter. Stonegate Investment Group LLC now owns 267 shares of the bank’s stock worth $492,000 after buying an additional 80 shares in the last quarter. Finally, Generate Investment Management Ltd increased its stake in First Citizens BancShares by 21.3% during the 3rd quarter. Generate Investment Management Ltd now owns 15,649 shares of the bank’s stock worth $28,809,000 after acquiring an additional 2,746 shares during the period. Institutional investors and hedge funds own 78.01% of the company’s stock.

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.