First Citizens BancShares (NASDAQ:FCNCO) Trading Down 0.3% – Time to Sell?

First Citizens BancShares, Inc. (NASDAQ:FCNCO)’s share price were down 0.3% on Thursday . The company traded as low as $20.60 and last traded at $20.59. 9,636 shares were traded during trading, a decline of 34% from the average session volume of 14,605 shares. The stock had previously closed at $20.65.

First Citizens BancShares Price Performance

The company has a fifty day moving average price of $20.58 and a 200-day moving average price of $21.39.

First Citizens BancShares Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be issued a dividend of $0.3516 per share. This represents a $1.41 annualized dividend and a yield of 6.8%. The ex-dividend date is Monday, August 31st.

First Citizens BancShares Company Profile

First Citizens BancShares, Inc is the bank holding company for First Citizens Bank, a full-service commercial bank headquartered in Raleigh, North Carolina. Established in 1898, the company operates a network of branches across the United States, with a strong presence in the Southeast, Mid-Atlantic and select Western markets. As a publicly traded company listed on NASDAQ under the ticker FCNCO, First Citizens BancShares serves both retail and institutional clients through a diversified platform of banking services.

The company’s core business activities include deposit taking, commercial and consumer lending, and mortgage origination.