Equities Analysts Set Expectations for FCNCA Q1 Earnings

First Citizens BancShares, Inc. (NASDAQ:FCNCA) – Analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for First Citizens BancShares in a research report issued on Tuesday, February 11th. DA Davidson analyst M. Navas forecasts 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 net margin of 18.55% and a return on equity of 13.22%.

Other research analysts have also issued reports about the company. The Goldman Sachs Group increased their target price on First Citizens BancShares from $2,025.00 to $2,625.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Truist Financial lifted their price objective on First Citizens BancShares from $2,303.00 to $2,384.00 and gave the company a “hold” rating in a research note on Wednesday, January 29th. JPMorgan Chase & Co. increased their target price on shares of First Citizens BancShares from $2,550.00 to $2,600.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 7th. Keefe, Bruyette & Woods raised their price target on shares of First Citizens BancShares from $2,500.00 to $2,600.00 and gave the company an “outperform” rating in a report on Monday, January 27th. Finally, Piper Sandler boosted their price objective on shares of First Citizens BancShares from $2,100.00 to $2,250.00 and gave the stock a “neutral” rating in a research note on Monday, January 27th. Seven investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $2,323.50.

First Citizens BancShares Stock Performance

NASDAQ:FCNCA opened at $2,155.94 on Wednesday. The company has a market cap of $30.16 billion, a P/E ratio of 11.38, a P/E/G ratio of 1.00 and a beta of 0.85. The firm’s 50 day moving average is $2,148.13 and its two-hundred day moving average is $2,065.11. First Citizens BancShares has a fifty-two week low of $1,460.76 and a fifty-two week high of $2,412.93. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.68.

Institutional Investors Weigh In On First Citizens BancShares

Hedge funds have recently bought and sold shares of the business. Financial Life Planners acquired a new position in First Citizens BancShares in the fourth quarter worth about $33,000. Hemington Wealth Management lifted its holdings in First Citizens BancShares by 60.0% during the 4th quarter. Hemington Wealth Management now owns 16 shares of the bank’s stock worth $33,000 after buying an additional 6 shares during the last quarter. Duncker Streett & Co. Inc. acquired a new position in shares of First Citizens BancShares in the 4th quarter worth approximately $36,000. Mather Group LLC. grew its position in shares of First Citizens BancShares by 38.5% in the 4th quarter. Mather Group LLC. now owns 18 shares of the bank’s stock worth $38,000 after acquiring an additional 5 shares in the last quarter. Finally, Asset Planning Inc bought a new stake in shares of First Citizens BancShares in the 4th quarter valued at approximately $38,000. Institutional investors and hedge funds own 78.01% of the company’s stock.

First Citizens BancShares Dividend Announcement

The company 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 $1.95 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $7.80 dividend on an annualized basis and a yield of 0.36%. First Citizens BancShares’s dividend payout ratio is currently 4.12%.

About First Citizens BancShares

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.