Rep. Thomas H. Kean, Jr. Sells Off Shares of First Citizens BancShares, Inc. (NASDAQ:FCNCA)

Posted by Logan Wallace on Apr 16th, 2026

Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently sold shares of First Citizens BancShares, Inc. (NASDAQ:FCNCA). In a filing disclosed on April 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in First Citizens BancShares stock on March 26th. The trade occurred in the Representative’s “KEAN FAMILY PARTNERSHIP” account.

Representative Thomas H. Kean, Jr. also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of Amcor (NYSE:AMCR) on 3/31/2026.
Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 3/26/2026.
Purchased $1,001 – $15,000 in shares of Linde (NASDAQ:LIN) on 3/26/2026.
Sold $15,001 – $50,000 in shares of PepsiCo (NASDAQ:PEP) on 3/26/2026.
Sold $15,001 – $50,000 in shares of Chubb (NYSE:CB) on 3/26/2026.
Sold $15,001 – $50,000 in shares of S&P Global (NYSE:SPGI) on 3/26/2026.
Sold $1,001 – $15,000 in shares of Waters (NYSE:WAT) on 3/10/2026.
Purchased $1,001 – $15,000 in shares of Linde (NASDAQ:LIN) on 2/18/2026.
Sold $1,001 – $15,000 in shares of Waters (NYSE:WAT) on 2/13/2026.
Purchased $1,001 – $15,000 in shares of First Citizens BancShares (NASDAQ:FCNCA) on 2/5/2026.

First Citizens BancShares Stock Performance

First Citizens BancShares stock traded up $1.30 during trading hours on Thursday, hitting $1,988.31. 21,769 shares of the stock traded hands, compared to its average volume of 101,986. The company has a debt-to-equity ratio of 1.72, a current ratio of 1.03 and a quick ratio of 1.03. The firm’s 50 day moving average price is $1,943.13 and its 200-day moving average price is $1,947.90. The stock has a market capitalization of $23.74 billion, a price-to-earnings ratio of 12.00, a P/E/G ratio of 1.49 and a beta of 0.65. First Citizens BancShares, Inc. has a 1 year low of $1,623.76 and a 1 year high of $2,232.21.

First Citizens BancShares (NASDAQ:FCNCA – Get Free Report) last posted its quarterly earnings results on Friday, January 23rd. The bank reported $51.27 earnings per share for the quarter, beating the consensus estimate of $44.24 by $7.03. The business had revenue of $2.44 billion for the quarter, compared to the consensus estimate of $2.24 billion. First Citizens BancShares had a return on equity of 11.18% and a net margin of 15.21%. As a group, equities analysts expect that First Citizens BancShares, Inc. will post 167.59 EPS for the current fiscal year.

First Citizens BancShares Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Friday, February 27th were paid a dividend of $2.10 per share. This represents a $8.40 annualized dividend and a yield of 0.4%. The ex-dividend date was Friday, February 27th. First Citizens BancShares’s payout ratio is presently 5.07%.

Institutional Investors Weigh In On First Citizens BancShares

Large investors have recently made changes to their positions in the stock. Hilton Head Capital Partners LLC purchased a new position in First Citizens BancShares in the fourth quarter worth approximately $26,000. SBI Securities Co. Ltd. purchased a new position in First Citizens BancShares in the third quarter worth approximately $27,000. UMB Bank n.a. grew its position in First Citizens BancShares by 100.0% in the third quarter. UMB Bank n.a. now owns 16 shares of the bank’s stock worth $29,000 after acquiring an additional 8 shares during the period. Steph & Co. purchased a new position in First Citizens BancShares in the third quarter worth approximately $32,000. Finally, Root Financial Partners LLC purchased a new position in First Citizens BancShares in the third quarter worth approximately $32,000. 78.01% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on FCNCA. Truist Financial boosted their price objective on First Citizens BancShares from $2,050.00 to $2,150.00 and gave the company a “hold” rating in a report on Monday, January 26th. Deutsche Bank Aktiengesellschaft cut First Citizens BancShares from a “buy” rating to a “hold” rating and set a $2,154.00 price objective for the company. in a report on Wednesday, April 8th. TD Cowen raised First Citizens BancShares to a “strong-buy” rating in a report on Monday. Zacks Research raised First Citizens BancShares from a “strong sell” rating to a “hold” rating in a report on Monday, March 30th. Finally, Citigroup reissued an “outperform” rating on shares of First Citizens BancShares in a report on Thursday, April 9th. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, First Citizens BancShares currently has an average rating of “Moderate Buy” and a consensus price target of $2,227.08.

Check Out Our Latest Stock Analysis on FCNCA

Insiders Place Their Bets

In other First Citizens BancShares news, CEO Frank B. Holding, Jr. acquired 134 shares of the stock in a transaction that occurred on Friday, March 13th. The stock was bought at an average cost of $1,550.00 per share, for a total transaction of $207,700.00. Following the completion of the transaction, the chief executive officer owned 2,749 shares of the company’s stock, valued at approximately $4,260,950. The trade was a 5.12% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders purchased 258 shares of company stock valued at $404,236 in the last ninety days. Corporate insiders own 14.63% of the company’s stock.

About Representative Kean

Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey’s 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey’s 7th Congressional District. He declared candidacy for the 2026 election.

Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.

First Citizens BancShares Company Profile

(Get Free Report)

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.