First Citizens BancShares (NASDAQ: FCNCA) recently received a number of ratings updates from brokerages and research firms:
- 10/28/2026 – First Citizens BancShares had its price target raised by Truist Financial from $2,323.00 to $2,470.00. They now have a “hold” rating on the stock.
- 10/26/2026 – First Citizens BancShares had its “neutral” rating reaffirmed by UBS Group. They now have a $2,475.00 price target on the stock.
- 10/26/2026 – First Citizens BancShares had its price target raised by TD Cowen from $2,430.00 to $2,730.00. They now have a “buy” rating on the stock.
- 10/26/2026 – First Citizens BancShares had its price target raised by Barclays from $2,376.00 to $2,650.00. They now have an “equal weight” rating on the stock.
- 10/26/2026 – First Citizens BancShares was downgraded by JPMorgan Chase & Co. from “neutral” to “underweight”. They now have a $2,200.00 price target on the stock, down from $2,300.00.
- 10/23/2026 – First Citizens BancShares had its “hold” rating reaffirmed by Jefferies Financial Group. They now have a $2,550.00 price target on the stock.
- 10/16/2026 – First Citizens BancShares was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
- 10/2/2026 – First Citizens BancShares was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
- 10/1/2026 – First Citizens BancShares had its “neutral” rating reaffirmed by Citigroup.
- 10/1/2026 – First Citizens BancShares had its price target lowered by JPMorgan Chase & Co. from $2,450.00 to $2,300.00. They now have a “neutral” rating on the stock.
- 9/14/2026 – First Citizens BancShares is now covered by UBS Group. They set a “neutral” rating and a $2,250.00 price target on the stock.
- 9/14/2026 – First Citizens BancShares is now covered by UBS Group. They set a “neutral” rating and a $2,250.00 price target on the stock.
First Citizens BancShares Trading Down 1.2%
Shares of NASDAQ:FCNCA traded down $27.13 during mid-day trading on Thursday, hitting $2,304.72. The company had a trading volume of 71,691 shares, compared to its average volume of 83,040. The firm has a fifty day moving average price of $2,160.12 and a 200 day moving average price of $2,067.45. The company has a market capitalization of $26.03 billion, a PE ratio of 11.81, a price-to-earnings-growth ratio of 1.19 and a beta of 0.61. The company has a debt-to-equity ratio of 1.59, a current ratio of 1.00 and a quick ratio of 1.00. First Citizens BancShares, Inc. has a one year low of $1,759.27 and a one year high of $2,429.96.
First Citizens BancShares (NASDAQ:FCNCA – Get Free Report) last issued its earnings results on Friday, October 23rd. The bank reported $55.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $46.18 by $9.19. First Citizens BancShares had a net margin of 16.54% and a return on equity of 12.49%. The business had revenue of $2.27 billion for the quarter, compared to analyst estimates of $2.23 billion. As a group, research analysts forecast that First Citizens BancShares, Inc. will post 203.78 EPS for the current year.
First Citizens BancShares Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 30th will be given a dividend of $2.25 per share. This is a boost from First Citizens BancShares’s previous quarterly dividend of $2.10. The ex-dividend date of this dividend is Monday, November 30th. This represents a $9.00 dividend on an annualized basis and a dividend yield of 0.4%. First Citizens BancShares’s payout ratio is currently 4.61%.
Insider Transactions at First Citizens BancShares
In related news, major shareholder Olivia Britton Holding sold 7,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $19.53, for a total transaction of $136,710.00. Following the transaction, the insider directly owned 15,000 shares of the company’s stock, valued at approximately $292,950. This represents a 31.82% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Diane Morais purchased 50 shares of the business’s stock in a transaction on Wednesday, August 19th. The stock was purchased at an average price of $2,168.11 per share, for a total transaction of $108,405.50. Following the acquisition, the director owned 100 shares of the company’s stock, valued at approximately $216,811. This represents a 100.00% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 14.63% of the company’s stock.
First Citizens BancShares, Inc is a bank holding company headquartered in Raleigh, North Carolina. Its principal subsidiary, First-Citizens Bank & Trust Company, provides banking and financial services to individuals, businesses, and institutions through a network of branches and digital banking channels.
The bank offers deposit accounts, consumer and residential lending, commercial and industrial loans, commercial real estate financing, equipment finance, treasury management, and payment services.
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