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First Citizens: 3Q Earnings Snapshot

RALEIGH, N.C. (AP) _ First Citizens BancShares Inc. (FCNCA) on Tuesday reported third-quarter earnings of $124.8 million.

The Raleigh, North Carolina-based bank said it had earnings of $11.27 per share.

The bank posted revenue of $463.2 million in the period. Its revenue net of interest expense was $437.4 million, surpassing Street forecasts.

First Citizens shares have climbed 33% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $500.11, an increase of 20% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FCNCA at https://www.zacks.com/ap/FCNCA