NasdaqGS - Nasdaq Real Time Price USD

First Citizens BancShares, Inc. (FCNCA)

1,768.26

+128.62

(+7.84%)

As of 12:18 PM EDT. Market Open.

First Citizens Boosts NII Forecast on Fewer Fed Rate Cuts

(Bloomberg) -- First Citizens BancShares Inc., which scooped up Silicon Valley Bank after the lender failed last year, rose after boosting its guidance for lending income for 2024 given expectations for fewer interest rate cuts by the Federal Reserve.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsZuckerberg As

Bloomberg 2 hours ago

FCNCA
+7.84%
First Citizens (FCNCA) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

The headline numbers for First Citizens (FCNCA) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Zacks 2 hours ago

FCNCA
+7.84%
UPDATE 2-First Citizens profit beats estimates as Silicon Valley Bank stabilizes

First Citizens BancShares' first-quarter profit beat expectations as the lender earned higher interest income and started seeing benefits of its acquisition of failed Silicon Valley Bank (SVB) last year. The Raleigh, North Carolina-based lender has been boosted by its buyout of SVB, which collapsed last year. Through SVB's large network of relationships with entrepreneurs, tech companies and VCs, it handled capital market transactions and provided banking services for companies while also serving personal accounts.

Reuters 3 hours ago

FCNCA
+7.84%
First Citizens beats profit estimates, says SVB business stabilized

(Reuters) -First Citizens BancShares' first-quarter profit beat expectations as the lender earned higher interest income and reaped the benefits of its acquisition of failed Silicon Valley Bank (SVB) last year. The Raleigh, North Carolina-based lender has been boosted by its buyout of SVB, which collapsed last year. SVB's failure triggered the biggest banking crisis in 15 years and prompted government rescue efforts.

Reuters 4 hours ago

FCNCA
+7.84%
First Citizens BancShares (FCNCA) Surpasses Q1 Earnings and Revenue Estimates

First Citizens (FCNCA) delivered earnings and revenue surprises of 19.54% and 6.08%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Zacks 4 hours ago

FCNCA
+7.84%
SVB-owner First Citizens' profit beats estimates on interest income strength

First Citizens BancShares' first-quarter profit beat expectations as the lender earned higher interest income and reaped the benefits of its acquisition of Silicon Valley Bank (SVB) last year. The Raleigh, North Carolina-based lender has been boosted by its buyout of SVB, which collapsed last year after a deposit flight spiraled out of control and led to the biggest banking crisis in 15 years. Since SVB's collapse, banking giants including JPMorgan Chase and HSBC have tried to beef up their businesses catering to startups and venture capital firms.

Reuters 4 hours ago

FCNCA
+7.84%
First Citizens BancShares Reports First Quarter 2024 Earnings

First Citizens BancShares, Inc. ("BancShares") (Nasdaq: FCNCA) reported earnings for the first quarter of 2024.

PR Newswire 5 hours ago

FCNCA
+7.84%
First Citizens BancShares Declares Dividends

The Board of Directors of First Citizens BancShares, Inc. (NASDAQ: FCNCA) has declared the following dividends on the company's common and preferred stock, in each case to be paid on June 17, 2024, to holders of record as of May 31, 2024:

PR Newswire 5 hours ago

FCNCA
+7.84%
First Citizens Bank Provides $58.4 Million for Construction of Medical Inpatient Rehabilitation Facility in Miami, Florida

First Citizens Bank today announced that its Healthcare Finance business provided $58.4 million in financing to Anchor Health Properties for the construction of a 92-bed inpatient rehabilitation facility in Miami, Florida.

PR Newswire 2 days ago

FCNCA
+7.84%
First Citizens BancShares (FCNCA) Earnings Expected to Grow: Should You Buy?

First Citizens (FCNCA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks 7 days ago

FCNCA
+7.84%
First Citizens Bank Provides $50 Million to Refinance Los Angeles Medical Office Building

First Citizens Bank today announced that its Healthcare Finance business served as sole lender on $50 million in financing for an affiliate of Tristar Realty Group for the refinancing of Ventana Medical Center.

PR Newswire 7 days ago

FCNCA
+7.84%
Here is Why Growth Investors Should Buy First Citizens (FCNCA) Now

First Citizens (FCNCA) possesses solid growth attributes, which could help it handily outperform the market.

Zacks 14 days ago

FCNCA
+7.84%
Should Value Investors Buy First Citizens BancShares (FCNCA) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Zacks 16 days ago

FCNCA
+7.84%
Parafin Secures $125 Million Warehouse Facility from Silicon Valley Bank and Trinity Capital Inc.

Silicon Valley Bank (SVB), a division of First Citizens Bank, along with lending partner Trinity Capital Inc. ("Trinity"), today announced that it has provided a $125 million warehouse facility to fintech infrastructure startup, Parafin. Recently named to the 2024 Fintech Innovation 50, Parafin helps companies, such as marketplaces, vertical SaaS, and payment processors, launch and embed financial services for their sellers.

PR Newswire 16 days ago

FCNCA
+7.84%
TRIN
Why Investors Need to Take Advantage of These 2 Finance Stocks Now

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

Zacks 17 days ago

FCNCA
+7.84%
Banks are building more branches for the first time in a decade

US banks are finally building more branches after a decade of consolidation, looking for new ways to reach wealth management customers and expand without making risky acquisitions.

Yahoo Finance 18 days ago

NYCB

NYCB-PA

USB
12 Dirt Cheap Stocks To Buy According to Hedge Funds

In this article, we discuss the 12 dirt cheap stocks to buy according to hedge funds. To skip our detailed analysis, you can go directly to the 5 Dirt Cheap Stocks To Buy According to Hedge Funds. Following a notable surge in the broader market throughout 2023, numerous analysts and financial experts are forecasting an […]

Insider Monkey 21 days ago

^GSPC

BRK-B

DAL
First Citizens BancShares, Inc. Announces Date of 2024 First Quarter Earnings Call

First Citizens BancShares, Inc. ("BancShares") (NASDAQ: FCNCA) today announced that it will report its financial results for the quarter ended March 31, 2024, before the U.S. financial markets open on Thursday, April 25, 2024.

PR Newswire 21 days ago

FCNCA
+7.84%
Celent Names Silicon Valley Bank Leader in Cash Management

Silicon Valley Bank (SVB), a division of First Citizens Bank, today announced that SVB Go, its new online banking platform, has been recognized as a leading cash management solution by Celent, a global research and advisory firm for the financial services industry.

PR Newswire 23 days ago

FCNCA
+7.84%
Reasons for the Outperformance of First Citizens BancShares (FCNCA)

Artisan Partners, an investment management company, released its “Artisan Mid Cap Value Fund” fourth quarter 2023 investor letter. A copy of the same can be downloaded here. In the fourth quarter, its Investor Class fund ARTQX returned 11.21%, Advisor Class fund APDQX posted a return of 11.20%, and Institutional Class fund APHQX returned 11.17%, compared to […]

Insider Monkey 28 days ago

FCNCA
+7.84%

Performance Overview

Return	FCNCA	S&P 500
YTD	+24.74%	+5.29%
1-Year	+74.54%	+21.40%
3-Year	+101.57%	+20.14%

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First Citizens BancShares, Inc. (FCNCA)

First Citizens Boosts NII Forecast on Fewer Fed Rate Cuts

First Citizens (FCNCA) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

UPDATE 2-First Citizens profit beats estimates as Silicon Valley Bank stabilizes

First Citizens beats profit estimates, says SVB business stabilized

First Citizens BancShares (FCNCA) Surpasses Q1 Earnings and Revenue Estimates

SVB-owner First Citizens' profit beats estimates on interest income strength

First Citizens BancShares Reports First Quarter 2024 Earnings

First Citizens BancShares Declares Dividends

First Citizens Bank Provides $58.4 Million for Construction of Medical Inpatient Rehabilitation Facility in Miami, Florida

First Citizens BancShares (FCNCA) Earnings Expected to Grow: Should You Buy?

First Citizens Bank Provides $50 Million to Refinance Los Angeles Medical Office Building

Here is Why Growth Investors Should Buy First Citizens (FCNCA) Now

Should Value Investors Buy First Citizens BancShares (FCNCA) Stock?

Parafin Secures $125 Million Warehouse Facility from Silicon Valley Bank and Trinity Capital Inc.

Why Investors Need to Take Advantage of These 2 Finance Stocks Now

Banks are building more branches for the first time in a decade

12 Dirt Cheap Stocks To Buy According to Hedge Funds

First Citizens BancShares, Inc. Announces Date of 2024 First Quarter Earnings Call

Celent Names Silicon Valley Bank Leader in Cash Management

Reasons for the Outperformance of First Citizens BancShares (FCNCA)

Performance Overview