(FCNCA) First Citizens BancShares - Ratings and Ratios

First Citizens BancShares Inc (NASDAQ:FCNCA) is a banking behemoth operating as the holding company for First-Citizens Bank & Trust Company, providing a comprehensive suite of financial services to individuals, businesses, and professionals both domestically and internationally. The companys diversified business model is structured around multiple segments, including General Bank, Commercial Bank, Silicon Valley Bank (SVB) Commercial, and Rail, allowing it to cater to a broad customer base.

The banks product offerings are extensive, featuring a range of deposit accounts such as checking, savings, and time deposits, as well as a diverse loan portfolio that includes commercial construction, commercial and industrial loans, and various consumer loans. Additionally, First Citizens BancShares provides wealth management services, investment management, and advisory services, along with specialized financial solutions like leasing, asset-based lending, and factoring.

One of the companys unique strengths lies in its customized leasing and financing solutions for railcars and locomotives, serving the needs of railroads and shippers. With a long history dating back to 1898 and headquartered in Raleigh, North Carolina, First Citizens BancShares has established itself as a significant player in the regional banking sector.

Analyzing the technical data, we observe that the stock is currently trading at $1842.86, slightly below its 20-day Simple Moving Average (SMA) of $1868.66, indicating a potential short-term bearish trend. However, the stock is above its 50-day SMA of $1799.38, suggesting a longer-term bullish outlook. The 200-day SMA stands at $1980.76, indicating a potential resistance level. The Average True Range (ATR) of 50.92, representing a 2.76% daily volatility, suggests moderate market fluctuations.

From a fundamental perspective, First Citizens BancShares boasts a market capitalization of $24.29 billion, with a Price-to-Earnings (P/E) ratio of 10.55 and a forward P/E of 11.25, indicating a relatively undervalued stock compared to its peers. The Return on Equity (RoE) stands at 11.26%, demonstrating the companys ability to generate profits from shareholder equity.

Forecasting the stocks performance, we can anticipate a potential rebound towards the 20-day SMA, followed by a possible test of the 200-day SMA resistance level. If the company continues to demonstrate strong fundamental performance, including maintaining a healthy RoE and expanding its loan portfolio, the stock may experience a bullish breakout, targeting the 52-week high of $2346.36. Conversely, failure to sustain its current momentum may lead to a decline towards the 52-week low of $1560.04. Therefore, a buy-and-hold strategy may be suitable for investors, with a target price of $2000 and a stop-loss at $1700.