First Citizens BancShares (FCNCA) – Analysts’ Recent Ratings Changes

First Citizens BancShares (NASDAQ: FCNCA) has recently received a number of price target changes and ratings updates:

• 7/9/2026 – First Citizens BancShares was downgraded by Citigroup Inc. from “neutral” to “market perform”.
• 7/9/2026 – First Citizens BancShares had its “market perform” rating reaffirmed by Keefe, Bruyette & Woods. They now have a $2,300.00 price target on the stock.
• 7/8/2026 – First Citizens BancShares was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
• 7/7/2026 – First Citizens BancShares had its price target raised by The Goldman Sachs Group, Inc. from $2,100.00 to $2,340.00. They now have a “neutral” rating on the stock.
• 7/1/2026 – First Citizens BancShares was given a new $2,350.00 price target by Fundamental Research.
• 7/1/2026 – First Citizens BancShares had its “neutral” rating reaffirmed by Citigroup Inc..
• 7/1/2026 – First Citizens BancShares had its price target raised by JPMorgan Chase & Co. from $2,150.00 to $2,350.00. They now have a “neutral” rating on the stock.
• 6/27/2026 – First Citizens BancShares was upgraded by Wall Street Zen from “sell” to “hold”.
• 6/13/2026 – First Citizens BancShares was downgraded by Wall Street Zen from “hold” to “sell”.
• 5/24/2026 – First Citizens BancShares was upgraded by Wall Street Zen from “sell” to “hold”.
• 5/22/2026 – First Citizens BancShares was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.

First Citizens BancShares Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were paid a dividend of $2.10 per share. This represents a $8.40 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Friday, May 29th. First Citizens BancShares’s dividend payout ratio (DPR) is currently 4.83%.

Insider Activity

In other news, CEO Frank B. Holding, Jr. purchased 5,940 shares of First Citizens BancShares stock in a transaction that occurred on Tuesday, May 12th. The stock was bought at an average price of $1,726.82 per share, with a total value of $10,257,310.80. Following the completion of the transaction, the chief executive officer directly owned 38,111 shares of the company’s stock, valued at approximately $65,810,837.02. The trade was a 18.46% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have purchased a total of 7,190 shares of company stock valued at $12,573,868 in the last 90 days. Corporate insiders own 14.63% of the company’s stock.

First Citizens BancShares, Inc is the bank holding company for First Citizens Bank, a full?service commercial bank headquartered in Raleigh, North Carolina. The company traces its roots to a community bank founded in 1898 and has grown into a diversified financial services organization that operates through its banking subsidiary to serve retail, commercial and institutional clients.

First Citizens offers a broad suite of banking products and services, including consumer and business deposit accounts, commercial and industrial lending, real estate and mortgage lending, treasury and cash management, and specialized lending solutions.