First Citizens BancShares, Inc.(FCNCA) Stock Research - Grey Stern Research
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First Citizens BancShares, Inc. (FCNCA) Stock Analysis

$2209.89 (-0.60%)

FCNCA Financial Performance


Use the table below to view First Citizens BancShares, Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2024

Metric Value Ranking among Peers
Price $2209.89 -
52 Week Low $1363.97 -
52 Week High $2388.78 -
Market Cap $30.6 Billion 4/12
Gross Margin 73% 12/12
Profit Margin 17% 6/12
EBITDA margin 26% 3/12
Q3 - 2024 Revenue $3.8 Billion 2/12
Q3 - 2024 Earnings $639.0 Million 3/12
Q3 - 2024 Free Cash Flow $821.0 Million 2/12
Trailing 4 Quarters Revenue $15.0 Billion 3/12
Trailing 4 Quarters Earnings $2.6 Billion 2/12
Quarterly Earnings Growth -15% 9/12
Annual Earnings Growth -7% 4/12
Quarterly Revenue Growth 49% 5/12
Annual Revenue Growth 49% 6/12
Cash On Hand $862.0 Million 7/12
Short Term Debt $391.0 Million 8/12
Long Term Debt $37.2 Billion 2/12

First Citizens BancShares, Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare First Citizens BancShares, Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 11.80 10/12
PS 2.04 7/12
PB 1.34 5/12
PC 35.47 1/12
Liabilities to Equity 8.66 8/12
ROA 0.01 1/12
ROE 0.11 1/12
Current Ratio 1.12 5/12
Quick Ratio 0.00 7/12
Long Term Debt to Equity 1.63 2/12
Debt to Equity 1.68 2/12
Burn Rate 0.91 7/12
Cash to Cap 0.03 7/12
CCR 1.28 2/12
EV to EBITDA 69.02 2/12
EV to Revenue 4.55 2/12

Company Details

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. Its loan product portfolio comprises commercial construction and land development, commercial mortgage, commercial and industrial, and lease financing loans, as well as small business administration paycheck protection program loans; and consumer loans, such as residential and revolving mortgage, construction and land development, consumer auto, and other consumer loans. The company also offers treasury services products, cardholder and merchant services, wealth management services, and various other products and services; investment products, including annuities, discount brokerage services, and third-party mutual funds, as well as investment management and advisory services; and defined benefit and defined contribution, insurance, private banking, trust, fiduciary, philanthropy, and special asset services. The company provides its products and services through its branch network, as well as through digital banking, telephone banking, and various ATM networks. As of December 31, 2021, it operated 529 branches in Arizona, California, Colorado, Florida, Georgia, Kansas, Maryland, Missouri, North Carolina, New Mexico, Oklahoma, Oregon, South Carolina, Tennessee, Texas, Virginia, Washington, Wisconsin, and West Virginia. First Citizens BancShares, Inc. was founded in 1898 and is headquartered in Raleigh, North Carolina.

CEO: Mr. Frank Holding

Website: https://www.firstcitizens.com

Address: 4300 Six Forks Rd Raleigh, NORTH CAROLINA

Exchange: NASDAQ Global Select

Industry: Banks—Regional

First Citizens BancShares, Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to First Citizens BancShares, Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
KeyCorp KEY $18.6 Billion
Fifth Third Bancorp FITB $31.5 Billion
U.S. Bancorp USB $81.3 Billion
Huntington Bancshares Incorporated HBAN $25.6 Billion
Zions Bancorporation, National Association ZION $8.8 Billion
Citizens Financial Group, Inc. CFG $20.6 Billion
First Horizon Corporation FHN $10.9 Billion
Comerica Incorporated CMA $9.3 Billion
Western Alliance Bancorporation WAL $10.2 Billion
PacWest Bancorp PACW $904.5 Million
Truist Financial Corporation TFC $61.6 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
FCNCA Income Statements
Quarter Year Revenue Earnings
Q3 2024 $ 3.8 Billion $639.0 Million
Q2 2024 $ 3.8 Billion $707.0 Million
Q1 2024 $ 3.7 Billion $731.0 Million
Q4 2023 $ 3.7 Billion $514.0 Million
Q3 2023 $ 2.5 Billion $752.0 Million
Q2 2023 $ 2.5 Billion $682.0 Million
Q1 2023 $ 1.3 Billion $9.5 Billion
Q4 2022 $ 1.2 Billion $257.0 Million

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FCNCA Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2024 $862.0 Million $220.6 Billion $38.4 Billion $22.8 Billion
Q2 2024 $764.0 Million $219.8 Billion $37.8 Billion $22.5 Billion
Q1 2024 $31.5 Billion $217.8 Billion $37.9 Billion $21.8 Billion
Q4 2023 $908.0 Million $213.8 Billion $38.7 Billion $21.3 Billion
Q3 2023 $37.5 Billion $213.8 Billion $37.7 Billion $20.4 Billion
Q2 2023 $38.8 Billion $209.5 Billion $40.1 Billion $19.8 Billion
Q1 2023 $40.1 Billion $214.7 Billion $46.1 Billion $19.2 Billion
Q4 2022 $5.5 Billion $109.3 Billion $6.2 Billion $9.7 Billion

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FCNCA Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 $821.0 Million -$170.0 Million $98.0 Million
Q2 2024 $114.0 Million -$338.0 Million $66.0 Million
Q1 2024 $141.0 Million -$285.0 Million -$210.0 Million
Q4 2023 $226.0 Million $0 $226.0 Million
Q3 2023 $907.0 Million -$298.0 Million -$126.0 Million
Q2 2023 $534.0 Million -$382.0 Million -$681.0 Million
Q1 2023 -$694.0 Million -$332.0 Million $1.1 Billion
Q4 2022 $639.0 Million -$381.0 Million $37.0 Million

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