FCNCA Stock Analysis: First Citizens BancShares | NASDAQ

Banks - Regional | NASDAQ, USA | Market Cap: 24.136m USD | 12M Return: 1.1% | Charts, Fundamentals & Technical Analysis

Retail Banking, Commercial Loans, Wealth Management, Rail Financing
Total Rating 33
Safety 31
Buy Signal -0.33
Banks - Regional
Industry Rotation: +3.8
Market Cap: 24.1B
Avg Turnover: 181M
Risk 3d forecast
Volatility29.0%
VaR 5th Pctl4.92%
VaR vs Median3.07%
Reward TTM
Sharpe Ratio0.02
Rel. Str. IBD40
Rel. Str. Peer Group9.8
Character TTM
Beta0.891
Beta Downside0.697
Hurst Exponent0.443
Drawdowns 3y
Max DD33.51%
CAGR/Max DD0.55
CAGR/Mean DD1.65
EPS (Earnings per Share) EPS (Earnings per Share) of FCNCA over the last years for every Quarter: "2021-06": 13.39, "2021-09": 11.81, "2021-12": 12.64, "2022-03": 18.95, "2022-06": 16.86, "2022-09": 20.77, "2022-12": 20.94, "2023-03": 20.09, "2023-06": 52.6, "2023-09": 55.92, "2023-12": 46.58, "2024-03": 52.92, "2024-06": 50.87, "2024-09": 45.87, "2024-12": 45.1, "2025-03": 37.79, "2025-06": 44.78, "2025-09": 44.62, "2025-12": 51.27, "2026-03": 44.86,
EPS CAGR: 7.94%
EPS Trend: 42.3%
Last SUE: 1.55
Qual. Beats: 2
Revenue Revenue of FCNCA over the last years for every Quarter: 2021-06: 481, 2021-09: 471, 2021-12: 470.225, 2022-03: 1093, 2022-06: 1150, 2022-09: 1309, 2022-12: 1441, 2023-03: 1612, 2023-06: 3497, 2023-09: 3703, 2023-12: 3676, 2024-03: 3703, 2024-06: 3707, 2024-09: 3783, 2024-12: 3689, 2025-03: 3525, 2025-06: 3623, 2025-09: 3694, 2025-12: 3655, 2026-03: 3478,
Rev. CAGR: 16.43%
Rev. Trend: 69.0%
Last SUE: 0.65
Qual. Beats: 0

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Seasonality 10.5 years of data

Jan +1.2% 15
Feb -4.4% 16
Mar -4.1% 27
Apr +1.1% 12
May -1.8% 23
Jun +1.0% 0
Jul +1.7% 23
Aug -2.8% 21
Sep -6.2% 41
Oct +1.2% 20
Nov +2.3% 23
Dec -5.9% 23

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: FCNCA First Citizens BancShares

First Citizens BancShares, Inc. (NASDAQ: FCNCA) is the holding company for First-Citizens Bank & Trust Company, a U.S. regional bank founded in 1898 and headquartered in Raleigh, North Carolina. The company operates through three business segments: General Bank, which offers retail and commercial banking products including deposits, mortgages, brokerage, wealth management, and community association banking; Commercial Bank, which provides leasing, capital markets, asset management, factoring, and supply chain financing; and Rail, a niche leasing business that finances railcars and locomotives for railroads and shippers across multiple car types.

As a large-cap regional bank, FCNCA combines a traditional community-banking model with specialized commercial and equipment-leasing operations, a structure that distinguishes it from peers more narrowly focused on deposit-taking and lending. The bank holding company structure, common in the U.S. financial sector, allows First Citizens to operate its banking, advisory, and rail financing businesses under a single regulated entity.

Headlines to Watch Out For
  • Net interest margin compression pressures profitability as deposit costs rise
  • Silicon Valley Bridge Bank integration drives balance sheet growth and credit cost scrutiny
  • Rail leasing segment faces headwinds from softening shipper demand
Piotroski VR-10 (Strict) 5.0
Net Income: 2.26b TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.46 > 1.0
NWC/Revenue: -1.01k% < 20% (prev -807.4%; Δ -206.8% < -1%)
CFO/TA 0.01 > 3% & CFO 3.00b > Net Income 2.26b
Net Debt (9.73b) to EBITDA (3.47b): 2.80 < 3
Current Ratio: 0.15 > 1.5 & < 3
Outstanding Shares: last quarter (11.9m) vs 12m ago -12.16% < -2%
Gross Margin: 62.84% > 18% (prev 61.26%; Δ 1.58% > 0.5%)
Asset Turnover: 6.22% > 50% (prev 6.43%; Δ -0.21% > 0%)
Interest Coverage Ratio: 0.62 > 6 (EBIT TTM 3.02b / Interest Expense TTM 4.90b)
Altman Z'' -3.60
A: -0.62 (Total Current Assets 25.7b - Total Current Liabilities 172b) / Total Assets 236b
B: 0.09 (Retained Earnings 20.3b / Total Assets 236b)
C: 0.01 (EBIT TTM 3.02b / Avg Total Assets 232b)
D: 0.10 (Book Value of Equity 22.0b / Total Liabilities 214b)
Altman-Z'' = -3.60 = D
Beneish M -3.70
DSRI: 0.16 (Receivables 955.0m/6.11b, Revenue 14.4b/14.7b)
GMI: 0.97 (GM 61.26% / 62.84%)
AQI: 1.09 (AQ_t 0.84 / AQ_t-1 0.77)
SGI: 0.98 (Revenue 14.4b / 14.7b)
TATA: -0.00 (NI 2.26b - CFO 3.00b) / TA 236b)
Beneish M = -3.70 (Cap -4..+1) = AAA
What is the price of FCNCA shares?

As of July 08, 2026, the stock is trading at USD 2092.43 with a total of 92,097 shares traded. Over the past week, the price has changed by +0.61%, over one month by +0.88%, over three months by +9.04% and over the past year by +1.12%.

Current recommended Stop Loss: 1999.70 (which is 4.4% or 1.9 ATR below the current price).

Is FCNCA a buy, sell or hold?

First Citizens BancShares has received a consensus analysts rating of 3.93. Therefore, it is recommended to buy FCNCA.

  • StrongBuy: 4
  • Buy: 5
  • Hold: 5
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the FCNCA price?
Analysts Target Price 2227.9 6.5%
First Citizens BancShares (FCNCA) - Fundamental Data Overview as of 06 July 2026
Market Cap USD = 24.1b (24.1b USD * 1.0 USD.USD)
P/E Trailing = 12.005
P/E Forward = 12.8205
P/S = 2.6404
P/B = 1.1888
P/EG = 1.3791
Revenue TTM = 14.4b USD
EBIT TTM = 3.02b USD
EBITDA TTM = 3.47b USD
Long Term Debt = 33.7b USD (from longTermDebt, last quarter)
Short Term Debt = 170.0m USD (from shortTermDebt, last quarter)
Debt = 34.4b USD (from shortLongTermDebtTotal, last quarter) + Leases 390.0m
Net Debt = 9.73b USD (calculated: Debt 34.4b - CCE 24.6b)
Enterprise Value = 33.9b USD (24.1b + Debt 34.4b - CCE 24.6b)
Interest Coverage Ratio = 0.62 (Ebit TTM 3.02b / Interest Expense TTM 4.90b)
EV/FCF = 15.23x (Enterprise Value 33.9b / FCF TTM 2.22b)
FCF Yield = 6.57% (FCF TTM 2.22b / Enterprise Value 33.9b)
FCF Margin = 15.39% (FCF TTM 2.22b / Revenue TTM 14.4b)
Net Margin = 15.62% (Net Income TTM 2.26b / Revenue TTM 14.4b)
Gross Margin = 62.84% ((Revenue TTM 14.4b - Cost of Revenue TTM 5.37b) / Revenue TTM)
Gross Margin QoQ = 66.50% (prev 62.13%)
Tobins Q-Ratio = 0.14 (Enterprise Value 33.9b / Total Assets 236b)
Interest Expense / Debt = 14.26% (Interest Expense 4.90b / Debt 34.4b)
Taxrate = 25.39% (768.0m / 3.02b)
NOPAT = 2.26b (EBIT 3.02b * (1 - 25.39%))
Current Ratio = 0.15 (Total Current Assets 25.7b / Total Current Liabilities 172b)
Debt / Equity = 1.56 (Debt 34.4b / totalStockholderEquity, last quarter 22.0b)
Debt / EBITDA = 2.80 (Net Debt 9.73b / EBITDA 3.47b)
Debt / FCF = 4.38 (Net Debt 9.73b / FCF TTM 2.22b)
Total Stockholder Equity = 22.1b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.97% (Net Income 2.26b / Total Assets 236b)
RoE = 10.19% (Net Income TTM 2.26b / Total Stockholder Equity 22.1b)
RoCE = 5.42% (EBIT 3.02b / Capital Employed (Equity 22.1b + L.T.Debt 33.7b))
RoIC = 3.58% (NOPAT 2.26b / Invested Capital 63.1b)
WACC = 10.01% (E(24.1b)/V(58.5b) * Re(9.12%) + D(34.4b)/V(58.5b) * Rd(14.26%) * (1-Tc(0.25)))
Discount Rate = 9.12% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -100.00 | Cagr: -8.44%
[DCF] Terminal Value 72.79% ; FCFF base≈1.78b ; Y1≈2.03b ; Y5≈2.99b
[DCF] Fair Price = 2.37k (EV 34.8b - Net Debt 9.73b = Equity 25.1b / Shares 10.6m; r=10.01% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 42.32 | EPS CAGR: 7.94% | SUE: 1.55 | # QB: 2
Revenue Correlation: 69.00 | Revenue CAGR: 16.43% | SUE: 0.65 | # QB: 0
EPS current Quarter (2026-06-30): EPS=39.94 | Chg30d=+0.57% | Revisions=-58% | Analysts=9
EPS next Quarter (2026-09-30): EPS=45.64 | Chg30d=+0.60% | Revisions=-25% | Analysts=9
EPS current Year (2026-12-31): EPS=176.76 | Chg30d=+0.61% | Revisions=+25% | GrowthEPS=-0.6% | GrowthRev=-0.8%
EPS next Year (2027-12-31): EPS=200.38 | Chg30d=+0.97% | Revisions=-18% | GrowthEPS=+13.4% | GrowthRev=+5.2%
[Analyst] Revisions Ratio: -37% (up=8, down=19)