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First Citizens BancShares Inc (DE) (FCNCA) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

First Citizens BancShares Inc (DE) (FCNCA) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. First Citizens BancShares Inc (DE) is a part of the financial sector in the United States. FCB provides a wide range of retail and commercial banking services, including traditional lending and deposit-taking. First Citizens BancShares Inc (DE) has a market cap of $5.11 billion; its shares were traded at around $437.12 with a P/E ratio of 13.03 and P/S ratio of 3.29. The dividend yield of First Citizens BancShares Inc (DE) stocks is 0.33%.


For the last quarter First Citizens BancShares Inc (DE) reported a revenue of $402.9 million, compared with the revenue of $414.9 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.6 billion, an increase of 2.7% from last year. For the last five years First Citizens BancShares Inc (DE) had an average revenue growth rate of 10.8% a year.

The reported diluted earnings per share was $33.53 for the year, an increase of 24.4% from previous year. Over the last five years First Citizens BancShares Inc (DE) had an EPS growth rate of 16.8% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, First Citizens BancShares Inc (DE) has the cash and cash equivalents of $327.4 million, compared with $336.2 million in the previous year. The company had no long term debt, compared with $885.2 million in the previous year. First Citizens BancShares Inc (DE) has a financial strength rank of 5 (out of 10).

At the current stock price of $437.12, First Citizens BancShares Inc (DE) is traded at 55.5% premium to its historical median P/S valuation band of $281.04. The P/S ratio of the stock is 3.29, while the historical median P/S ratio is 2.12. The stock gained 0.10% during the past 12 months.

CFO Recent Trades:

  • CFO Craig L Nix bought 84 shares of FCNCA stock on 02/06/2019 at the average price of $419.86. The price of the stock has increased by 4.11% since.

For the complete 20-year historical financial data of FCNCA, click here.

This article first appeared on GuruFocus.