Recent Research Analysts’ Ratings Changes for First Citizens BancShares (FCNCA)

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

• 7/28/2026 – First Citizens BancShares had its price target raised by Truist Financial Corporation from $2,150.00 to $2,323.00. They now have a “hold” rating on the stock.
• 7/27/2026 – First Citizens BancShares had its price target raised by Piper Sandler from $2,050.00 to $2,100.00. They now have a “neutral” rating on the stock.
• 7/27/2026 – First Citizens BancShares had its price target raised by Barclays PLC from $2,346.00 to $2,376.00. They now have an “equal weight” rating on the stock.
• 7/24/2026 – First Citizens BancShares had its “neutral” rating reaffirmed by Citigroup Inc..
• 7/24/2026 – First Citizens BancShares had its price target raised by JPMorgan Chase & Co. from $2,350.00 to $2,450.00. They now have a “neutral” rating on the stock.
• 7/23/2026 – First Citizens BancShares had its “hold” rating reaffirmed by Jefferies Financial Group Inc.. They now have a $2,300.00 price target on the stock.
• 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”.

First Citizens BancShares Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a $2.10 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $8.40 annualized dividend and a yield of 0.4%. First Citizens BancShares’s payout ratio is 4.49%.

Insider Activity

In related news, CEO Frank B. Holding, Jr. acquired 5,940 shares of First Citizens BancShares stock in a transaction dated 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 transaction, the chief executive officer directly owned 38,111 shares in the company, valued at $65,810,837.02. This represents a 18.46% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. In the last quarter, insiders purchased 7,190 shares of company stock worth $12,573,868. 14.63% of the stock is currently owned by corporate insiders.

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.