First Citizens BancShares, Inc. (NASDAQ:FCNCA) Receives $2,247.08 Consensus Target Price from Brokerages

First Citizens BancShares, Inc. (NASDAQ:FCNCA) has received an average rating of “Hold” from the fourteen analysts that are covering the company, MarketBeat Ratings reports. Eleven research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $2,258.8462.

A number of analysts have recently issued reports on FCNCA shares. JPMorgan Chase & Co. raised their target price on shares of First Citizens BancShares from $2,350.00 to $2,450.00 and gave the stock a “neutral” rating in a research note on Friday. Zacks Research upgraded First Citizens BancShares from a “strong sell” rating to a “hold” rating in a research note on Monday, March 30th. Weiss Ratings raised shares of First Citizens BancShares from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, July 8th. TD Cowen dropped their price target on shares of First Citizens BancShares from $2,500.00 to $2,300.00 and set a “buy” rating for the company in a research report on Monday, April 27th. Finally, Keefe, Bruyette & Woods restated a “market perform” rating and issued a $2,300.00 target price on shares of First Citizens BancShares in a research report on Thursday, July 9th.

First Citizens BancShares Stock Performance

NASDAQ FCNCA opened at $2,160.65 on Monday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.67. The firm’s fifty day moving average price is $2,064.10 and its two-hundred day moving average price is $2,018.36. First Citizens BancShares has a 1 year low of $1,623.76 and a 1 year high of $2,237.82. The firm has a market capitalization of $25.04 billion, a P/E ratio of 11.55, a price-to-earnings-growth ratio of 1.67 and a beta of 0.62.

First Citizens BancShares (NASDAQ:FCNCA) last released its quarterly earnings data on Thursday, July 23rd. The bank reported $57.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $56.68. First Citizens BancShares had a return on equity of 11.98% and a net margin of 16.28%.The company had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.16 billion. As a group, research analysts anticipate that First Citizens BancShares will post 177.18 EPS for the current year.

First Citizens BancShares Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a dividend of $2.10 per share. The ex-dividend date is Monday, August 31st. This represents a $8.40 annualized dividend and a yield of 0.4%. First Citizens BancShares’s dividend payout ratio is presently 4.83%.

First Citizens BancShares News Roundup

Here are the key news stories impacting First Citizens BancShares this week:

• Positive Sentiment: First Citizens BancShares reported Q2 2026 earnings of $57.09 per share, far above Wall Street expectations, and revenue of $2.24 billion also beat estimates, signaling much stronger-than-expected profitability. First Citizens BancShares Reports Second Quarter 2026 Earnings
• Positive Sentiment: JPMorgan Chase raised its price target on FCNCA to $2,450 from $2,350, suggesting additional upside even though it kept a neutral rating. Benzinga
• Positive Sentiment: The board declared a quarterly dividend of $2.10 per share, underscoring ongoing shareholder returns and financial stability. First Citizens BancShares Declares Dividends
• Neutral Sentiment: Short-interest data showed 0 shares sold short and a 0.0-day short-interest ratio, so the update does not provide a meaningful new signal for the stock. First Citizens BancShares stock page

Insider Activity

In other First Citizens BancShares news, CEO Frank B. Holding, Jr. purchased 5,940 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The shares were bought at an average price of $1,726.82 per share, for a total transaction of $10,257,310.80. Following the purchase, the chief executive officer owned 38,111 shares in the company, valued at approximately $65,810,837.02. This trade represents a 18.46% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last 90 days, insiders acquired 7,190 shares of company stock valued at $12,573,868. Company insiders own 14.63% of the company’s stock.

Hedge Funds Weigh In On First Citizens BancShares

A number of hedge funds and other institutional investors have recently made changes to their positions in FCNCA. Northwestern Mutual Wealth Management Co. grew its holdings in First Citizens BancShares by 117,518.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 205,833 shares of the bank’s stock worth $441,755,000 after purchasing an additional 205,658 shares during the period. Dimensional Fund Advisors LP increased its holdings in First Citizens BancShares by 1.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 125,947 shares of the bank’s stock worth $237,333,000 after purchasing an additional 1,886 shares in the last quarter. Morgan Stanley lifted its stake in First Citizens BancShares by 31.8% during the 4th quarter. Morgan Stanley now owns 123,048 shares of the bank’s stock valued at $264,087,000 after acquiring an additional 29,681 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of First Citizens BancShares by 11.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 122,317 shares of the bank’s stock valued at $262,514,000 after purchasing an additional 12,303 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its position in shares of First Citizens BancShares by 20.7% during the first quarter. Allspring Global Investments Holdings LLC now owns 91,876 shares of the bank’s stock valued at $174,048,000 after purchasing an additional 15,788 shares in the last quarter. 78.01% of the stock is owned by institutional investors and hedge funds.

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. 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.