18-Mar-2024
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Silicon Valley Bank Moves to New Office in Downtown San Francisco
PRNewswire (Tue, 12-Mar 8:00 AM ET)
First Citizens Bank Provides $33.5 Million to Adams Beverages
PRNewswire (Mon, 11-Mar 9:00 AM ET)
Carputty Secures $80M In New Funds to Accelerate Growth
Globe Newswire (Wed, 6-Mar 6:00 AM ET)
First Citizens Bank Provides $1 Million Line of Credit to MC Nutraceuticals
PRNewswire (Tue, 5-Mar 9:00 AM ET)
PRNewswire (Fri, 23-Feb 9:30 AM ET)
PRNewswire (Wed, 7-Feb 9:00 AM ET)
First Citizens Bank Provides $22.5 Million for Orlando Ambulatory Surgery Center
PRNewswire (Tue, 6-Feb 9:00 AM ET)
First Citizens Bank Joins with Teen Cancer America for 2024 'Month of Love' Campaign
PRNewswire (Thu, 1-Feb 9:45 AM ET)
First Citizens BancShares Reports Fourth Quarter 2023 Earnings
PRNewswire (Fri, 26-Jan 6:32 AM ET)
First Citizens BancShares Declares Dividends
PRNewswire (Fri, 26-Jan 6:30 AM ET)
First Citizens BancShares Inc is the bank holding company of First Citizens Bank & Trust Company. FCB was founded as the Bank of Smithfield in North Carolina and has expanded through both de novo branching and acquisitions. FCB currently operates in nearly half of the continental United States, but principally takes deposits in the Carolinas. The bank's operations have historically been influenced by the Holding family, which has traditionally held executive and director positions, as well as controlling a large percentage of its outstanding stock. FCB provides a wide range of retail and commercial banking services, including traditional lending and deposit-taking, as well as trust and wealth management. FCB's main source of revenue is net interest income.
First Citizens Bancshares - Class A trades on the NASDAQ stock market under the symbol FCNCA.
As of March 18, 2024, FCNCA stock price climbed to $1,549.44 with 55,097 million shares trading.
FCNCA has a beta of 2.10, meaning it tends to be more sensitive to market movements. FCNCA has a correlation of 0.14 to the broad based SPY ETF.
FCNCA has a market cap of $22.50 billion. This is considered a Large Cap stock.
Last quarter First Citizens Bancshares - Class A reported $2 billion in Revenue and $46.58 earnings per share. This fell short of revenue expectation by $-470 million and missed earnings estimates by -$1.40.
In the last 3 years, FCNCA stock traded as high as $1,623.98 and as low as $505.84.
The top ETF exchange traded funds that FCNCA belongs to (by Net Assets): VTI, VB, VBR, VXF, CGDV.
FCNCA has outperformed the market in the last year with a return of +205.3%, while the SPY ETF gained +33.2%. However, in the most recent history, FCNCA shares have underperformed the stock market with its stock returning +8.4% in the last 3 month period and -0.8% for the last 2 week period, while SPY has returned +9.0% and +0.4%, respectively.
FCNCA support price is $1,510.47 and resistance is $1,575.33 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FCNCA stock will trade within this expected range on the day.