First Citizens BancShares, Inc. (NASDAQ:FCNCA) Forecasted to Post Q1 2026 Earnings of $49.57 Per Share

First Citizens BancShares, Inc. (NASDAQ:FCNCAFree Report) – Wedbush issued their Q1 2026 earnings estimates for First Citizens BancShares in a research note issued to investors on Tuesday, September 24th. Wedbush analyst D. Chiaverini anticipates that the bank will post earnings of $49.57 per share for the quarter. Wedbush has a “Neutral” rating and a $2,150.00 price objective on the stock. The consensus estimate for First Citizens BancShares’ current full-year earnings is $200.92 per share.

Other equities research analysts also recently issued reports about the stock. Raymond James upgraded shares of First Citizens BancShares from a “market perform” rating to an “outperform” rating and set a $1,900.00 target price for the company in a report on Tuesday, July 2nd. Piper Sandler upped their price objective on First Citizens BancShares from $1,950.00 to $2,150.00 and gave the stock a “neutral” rating in a report on Friday, July 26th. Barclays lifted their target price on First Citizens BancShares from $1,950.00 to $2,250.00 and gave the company an “equal weight” rating in a report on Monday, July 29th. Jefferies Financial Group assumed coverage on First Citizens BancShares in a research note on Tuesday, July 9th. They set a “buy” rating and a $2,005.00 price target for the company. Finally, Keefe, Bruyette & Woods raised their price objective on First Citizens BancShares from $2,100.00 to $2,300.00 and gave the stock an “outperform” rating in a report on Friday, July 26th. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $1,962.90.

Check Out Our Latest Stock Analysis on First Citizens BancShares

First Citizens BancShares Price Performance

FCNCA stock opened at $1,876.68 on Friday. The stock has a market capitalization of $27.27 billion, a price-to-earnings ratio of 10.42 and a beta of 0.82. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.72. First Citizens BancShares has a 52-week low of $1,274.91 and a 52-week high of $2,174.80. The stock’s fifty day simple moving average is $1,954.37 and its 200-day simple moving average is $1,768.40.

First Citizens BancShares (NASDAQ:FCNCAGet Free Report) last released its quarterly earnings results on Thursday, July 25th. The bank reported $50.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $44.91 by $5.96. The company had revenue of $3.77 billion for the quarter, compared to analysts’ expectations of $2.30 billion. First Citizens BancShares had a net margin of 18.19% and a return on equity of 14.84%. During the same period last year, the company earned $52.60 EPS.

First Citizens BancShares declared that its Board of Directors has initiated a share repurchase program on Thursday, July 25th that allows the company to repurchase $3.50 billion in shares. This repurchase authorization allows the bank to repurchase up to 12.3% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

First Citizens BancShares Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 16th. Stockholders of record on Friday, August 30th were issued a $1.64 dividend. The ex-dividend date of this dividend was Friday, August 30th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 0.35%. First Citizens BancShares’s dividend payout ratio (DPR) is 3.64%.

Institutional Trading of First Citizens BancShares

Institutional investors and hedge funds have recently modified their holdings of the business. Covestor Ltd lifted its holdings in shares of First Citizens BancShares by 2.9% in the 1st quarter. Covestor Ltd now owns 215 shares of the bank’s stock worth $352,000 after purchasing an additional 6 shares during the last quarter. Wedbush Securities Inc. increased its holdings in shares of First Citizens BancShares by 0.5% in the 2nd quarter. Wedbush Securities Inc. now owns 1,199 shares of the bank’s stock worth $2,019,000 after acquiring an additional 6 shares during the period. Park Avenue Securities LLC increased its holdings in shares of First Citizens BancShares by 1.6% in the 1st quarter. Park Avenue Securities LLC now owns 450 shares of the bank’s stock worth $736,000 after acquiring an additional 7 shares during the period. HB Wealth Management LLC lifted its position in First Citizens BancShares by 3.9% in the 2nd quarter. HB Wealth Management LLC now owns 187 shares of the bank’s stock valued at $315,000 after purchasing an additional 7 shares during the last quarter. Finally, Raymond James Trust N.A. grew its position in First Citizens BancShares by 1.6% in the 2nd quarter. Raymond James Trust N.A. now owns 625 shares of the bank’s stock worth $1,052,000 after purchasing an additional 10 shares during the last quarter. 61.18% of the stock is owned by institutional investors and hedge funds.

About First Citizens BancShares

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for First Citizens BancShares (NASDAQ:FCNCA)

Receive News & Ratings for First Citizens BancShares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Citizens BancShares and related companies with MarketBeat.com's FREE daily email newsletter.