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

$23.26 (1.06%)

FCNCP 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 Q2 - 2024

Metric Value Ranking among Peers
Price $22.88 -
52 Week Low $18.69 -
52 Week High $23.68 -
Market Cap $26.1 Billion 3/5
Gross Margin 74% 5/5
Profit Margin 19% 2/5
EBITDA margin -3% 5/5
Q2 - 2024 Revenue $3.8 Billion 1/5
Q2 - 2024 Earnings $707.0 Million 1/5
Q2 - 2024 Free Cash Flow $114.0 Million 1/5
Trailing 4 Quarters Revenue $13.7 Billion 1/5
Trailing 4 Quarters Earnings $2.7 Billion 1/5
Quarterly Earnings Growth 4% 2/5
Annual Earnings Growth -91% 5/5
Quarterly Revenue Growth 50% 5/5
Annual Revenue Growth 119% 1/5
Cash On Hand $764.0 Million 1/5
Short Term Debt $349.0 Million 3/5
Long Term Debt $37.1 Billion 1/5

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 9.65 5/5
PS 1.90 4/5
PB 1.16 3/5
PC 34.17 1/5
Liabilities to Equity 8.78 5/5
ROA 0.01 1/5
ROE 0.12 1/5
Current Ratio 1.11 1/5
Quick Ratio 0.00 2/5
Long Term Debt to Equity 1.65 1/5
Debt to Equity 1.68 1/5
Burn Rate 0.88 2/5
Cash to Cap 0.03 2/5
CCR 0.16 1/5
EV to EBITDA -585.02 5/5
EV to Revenue 4.60 1/5

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 Brown Holding Jr.

Website: https://www.firstcitizens.com

Address: 4300 Six Forks Road Raleigh, NC

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
Fifth Third Bancorp FITBP $27.9 Billion
Fifth Third Bancorp FITBO $28.0 Billion
Dime Community Bancshares, Inc. DCOMP $973.2 Million
Fulton Financial Corporation FULTP $3.2 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement

Latest News

FCNCP Income Statements
Quarter Year Revenue Earnings
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
Q3 2022 $ 294.0 Million $315.0 Million

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FCNCP Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
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
Q3 2022 $6.7 Billion $109.3 Billion $7.8 Billion $9.8 Billion

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FCNCP Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
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
Q3 2022 $361.0 Million -$167.0 Million -$102.0 Million

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