First Citizens BancShares, Inc. (NASDAQ:FCNCA) Expected to Post Q1 2025 Earnings of $44.10 Per Share

First Citizens BancShares, Inc. (NASDAQ:FCNCA) – Investment analysts at Wedbush issued their Q1 2025 earnings per share estimates for shares of First Citizens BancShares in a research report issued on Wednesday, March 27th. Wedbush analyst D. Chiaverini forecasts that the bank will post earnings per share of $44.10 for the quarter. Wedbush currently has a “Outperform” rating and a $1,800.00 target price on the stock. The consensus estimate for First Citizens BancShares’ current full-year earnings is $177.52 per share. Wedbush also issued estimates for First Citizens BancShares’ Q2 2025 earnings at $45.83 EPS, Q3 2025 earnings at $47.57 EPS and Q4 2025 earnings at $48.49 EPS.

Several other brokerages also recently commented on FCNCA. StockNews.com upgraded First Citizens BancShares from a “sell” rating to a “hold” rating in a research note on Wednesday, March 6th. The Goldman Sachs Group started coverage on shares of First Citizens BancShares in a research report on Thursday, March 21st. They issued a “buy” rating and a $1,950.00 price target on the stock. DA Davidson reaffirmed a “neutral” rating on shares of First Citizens BancShares in a research report on Monday, January 15th. Finally, UBS Group raised their price target on shares of First Citizens BancShares from $1,644.00 to $1,754.00 and gave the company a “buy” rating in a research report on Tuesday, January 30th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,774.83.

First Citizens BancShares Stock Performance

Shares of FCNCA opened at $1,635.00 on Thursday. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.14 and a quick ratio of 1.14. The stock has a 50-day moving average of $1,534.46 and a 200-day moving average of $1,444.83. The company has a market cap of $23.74 billion, a PE ratio of 2.08 and a beta of 0.88. First Citizens BancShares has a one year low of $910.25 and a one year high of $1,651.73.

First Citizens BancShares (NASDAQ:FCNCA) last issued its earnings results on Friday, January 26th. The bank reported $46.58 EPS for the quarter, missing the consensus estimate of $48.49 by ($1.91). The firm had revenue of $2.45 billion during the quarter, compared to analyst estimates of $2.36 billion. First Citizens BancShares had a net margin of 51.04% and a return on equity of 13.52%.

First Citizens BancShares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Thursday, February 29th were given a dividend of $1.64 per share. The ex-dividend date was Wednesday, February 28th. This represents a $6.56 annualized dividend and a dividend yield of 0.40%. First Citizens BancShares’s dividend payout ratio is currently 0.84%.

Insiders Place Their Bets

In other First Citizens BancShares news, Director Ellen R. Alemany sold 600 shares of First Citizens BancShares stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $1,559.09, for a total transaction of $935,454.00. Following the transaction, the director now owns 4,842 shares of the company’s stock, valued at approximately $7,549,113.78. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other news, CEO Frank B. Holding, Jr. bought 622 shares of the company’s stock in a transaction on Tuesday, February 20th. The shares were purchased at an average price of $1,315.00 per share, with a total value of $817,930.00. Following the transaction, the chief executive officer now directly owns 97,609 shares in the company, valued at $128,355,835. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Ellen R. Alemany sold 600 shares of First Citizens BancShares stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of $1,559.09, for a total transaction of $935,454.00. Following the completion of the sale, the director now directly owns 4,842 shares in the company, valued at approximately $7,549,113.78. The disclosure for this sale can be found here. Insiders have bought a total of 1,388 shares of company stock valued at $1,825,220 in the last 90 days. 13.40% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On First Citizens BancShares

Hedge funds have recently modified their holdings of the stock. Blue Trust Inc. raised its holdings in shares of First Citizens BancShares by 100.0% in the 4th quarter. Blue Trust Inc. now owns 20 shares of the bank’s stock worth $27,000 after purchasing an additional 10 shares during the period. GAMMA Investing LLC purchased a new position in First Citizens BancShares in the 4th quarter valued at approximately $30,000. Castleview Partners LLC purchased a new position in First Citizens BancShares in the 2nd quarter valued at approximately $31,000. Lindbrook Capital LLC grew its stake in First Citizens BancShares by 53.3% in the 3rd quarter. Lindbrook Capital LLC now owns 23 shares of the bank’s stock valued at $32,000 after buying an additional 8 shares in the last quarter. Finally, Resurgent Financial Advisors LLC purchased a new position in First Citizens BancShares in the 4th quarter valued at approximately $35,000. Institutional investors own 61.18% of the company’s stock.

About First Citizens BancShares

First Citizens BancShares, Inc operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals. The company's deposit products include checking, savings, money market, and time deposit accounts.