First Citizens BancShares (NASDAQ:FCNCO) Shares Down 1.1% – Time to Sell?

First Citizens BancShares, Inc. (NASDAQ:FCNCO) fell 1.1% on Monday . The stock traded as low as $22.28 and last traded at $22.30. 8,207 shares traded hands during mid-day trading, a decline of 55% from the average session volume of 18,166 shares. The stock had previously closed at $22.55.

First Citizens BancShares Price Performance

The firm has a fifty day simple moving average of $22.85 and a two-hundred day simple moving average of $23.46.

First Citizens BancShares Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 28th will be issued a $0.3516 dividend. This represents a $1.41 annualized dividend and a yield of 6.31%. The ex-dividend date of this dividend is Friday, February 28th.

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.