Stocks · Financial Services · Banks - Regional
First Citizens BancShares, Inc. FCNCA
$2,073.46 -0.00% Close, Oct 2, 2026 · NASDAQ · Market cap $23.62B
High risk
Next earnings report: Oct 23, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The diluted share count fell 12.9% in a year, mainly through buybacks.
- Net debt is 8.8× EBITDA, a high level of leverage.
- Earnings beat analyst estimates in each of the last 5 quarters (average surprise over the last four: +19.2%).
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth67Positive
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 24%
- EPS growth (TTM, YoY)Bottom 38%
- FCF growth (TTM, YoY)Top 25%
- Revenue growth, 3-year CAGRTop 9%
- Revenue growth accelerationTop 42%
Quality39Weak
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 43%
- Gross marginBottom 48%
- Operating marginTop 50%
- Cash conversion (OCF / net income)Top 36%
- Accruals (lower is better)Top 48%
- Net debt / EBITDA (lower is better)Bottom 15%
- Interest coverBottom 34%
Value64Neutral
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 25%
- Free-cash-flow yieldTop 30%
- EBITDA / enterprise valueBottom 49%
- Sales / enterprise valueBottom 39%
- P/E vs own 5-year history (lower is better)Top 48%
Momentum58Neutral
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 30%
- 6-month returnTop 42%
- 1-year return vs S&P 500Top 34%
- Distance from 52-week highTop 48%
- Trend checklist (0–4)Top 48%
Revisions54Neutral
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 15%
- Consecutive EPS beatsTop 24%
- Share of analysts rating BuyBottom 12%
- Upside to consensus price targetBottom 34%
Stability14Very weak
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 34%
- Maximum drawdown, 3 yearsBottom 37%
- Beta vs S&P 500 (lower is better)Bottom 17%
- Net debt / EBITDA (lower is better)Bottom 15%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -1.7% | -1.3% | ↑ |
| EPS growth (YoY) | -0.4% | 10.4% | ↑ |
| Gross margin | 61.3% | 64.0% | ↑ |
| Operating margin | 20.6% | 21.9% | ↑ |
| FCF margin | 10.5% | 17.7% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -1.3% | -1.7% | ↑ | Bottom 24% |
| EPS growth (TTM, YoY) | 10.4% | -0.4% | ↑ | Bottom 38% |
| Gross margin | 64.0% | 61.3% | ↑ | Bottom 48% |
| Operating margin | 21.9% | 20.6% | ↑ | Top 50% |
| Net margin | 16.3% | 16.4% | ↓ | — |
| Free-cash-flow margin | 17.7% | 10.5% | ↑ | — |
| Return on invested capital | 1.0% | — | Bottom 43% | |
| Revenue growth, 3-year CAGR | 41.7% | — | Top 9% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.35×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -0.3%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -98.7 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 8.82×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 0.7×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.78%
- Net buyback yield (TTM)
- 11.89%
- Shareholder yield
- 12.67%
- Share count change, 1 year
- -12.9%
- Share count change, 3-year CAGR
- -7.4%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 7, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 5
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- +19.2%
- Average 2-day reaction, last 8
- -1.7%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $2,289.83
- Target vs current price
- +10.4%
- Analysts with a rating
- 11
- Share rating Buy or Strong Buy
- 18%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 23, 2026 | +40.3% | +6.5% | +4.5% | +4.5% | — |
| Apr 23, 2026 | +13.4% | -3.4% | -3.6% | -3.6% | +1.5% |
| Jan 23, 2026 | +16.5% | -8.5% | -7.7% | -8.5% | -6.4% |
| Oct 23, 2025 | +6.6% | +0.5% | +2.5% | +5.0% | +21.9% |
| Jul 25, 2025 | +12.8% | -0.8% | -5.6% | -8.3% | -19.8% |
| Apr 24, 2025 | -0.3% | +1.1% | +0.4% | +3.9% | +19.3% |
| Jan 24, 2025 | +14.7% | +0.4% | +0.1% | -7.5% | -24.0% |
| Oct 24, 2024 | -3.2% | -9.7% | -5.2% | +8.5% | +6.5% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 23, 2026 | $0.57 | $0.41 | +40.3% | $2.24B |
| Apr 23, 2026 | $44.86 | $39.56 | +13.4% | $2.24B |
| Jan 23, 2026 | $0.51 | $0.44 | +16.5% | $2.38B |
| Oct 23, 2025 | $44.62 | $41.87 | +6.6% | $2.43B |
| Jul 25, 2025 | $44.78 | $39.71 | +12.8% | $2.37B |
| Apr 24, 2025 | $37.79 | $37.91 | -0.3% | $2.29B |
| Jan 24, 2025 | $45.10 | $39.32 | +14.7% | $2.40B |
| Oct 24, 2024 | $45.87 | $47.40 | -3.2% | $2.44B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 11.1× | 11.0× | 52th | Top 25% |
| P/E (forward) | 10.7× | — | — | — |
| EV / EBITDA | 15.6× | — | — | Bottom 49% |
| EV / Sales | 3.76× | — | — | Bottom 39% |
| Free-cash-flow yield | 10.84% | — | — | Top 30% |
| Earnings yield | 9.02% | — | — | Top 25% |
P/E over the past five years
Range 1.7× – 15.1× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +17.8%
- Earnings per share growth (TTM)
- +10.4%
- Change in P/E multiple
- +9.9%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 2
- 50-day average slope (20 days)
- +0.3%
- 200-day average slope (20 days)
- +0.9%
- Distance from 50-day average
- -4.2%
- Distance from 200-day average
- +0.6%
- RSI (14)
- 42.3
- Relative volume
- 0.88×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 25.9%
- Volatility vs own 5-year history
- 16th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.09
- Correlation with S&P 500
- 0.55
- Current drawdown from 1-year high
- -9.5%
- Maximum drawdown, 3 years
- -33.6%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Sep 2, 2021 | Mar 17, 2023 | -43.9% | 386 days | 7 days (Mar 28, 2023) |
| Nov 22, 2024 | Apr 8, 2025 | -33.6% | 91 days | Not yet recovered |
| Jun 8, 2021 | Jul 19, 2021 | -16.5% | 28 days | 29 days (Aug 27, 2021) |
| Aug 7, 2023 | Oct 3, 2023 | -14.7% | 40 days | 81 days (Jan 30, 2024) |
| Jul 30, 2024 | Oct 1, 2024 | -14.5% | 44 days | 26 days (Nov 6, 2024) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $23.62B
- P/E (TTM)
- 11.1
- EPS, diluted (TTM)
- $187.04
- Revenue (TTM)
- $14.43B
- Dividend yield
- 0.41%
- 52-week range
- $1,623.76 – $2,296.30
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $1.90B | $5.10B | $12.64B | $14.94B | $14.50B |
| Gross profit | $1.88B | $3.98B | $7.58B | $9.30B | $8.91B |
| Operating income | $701.0M | $1.36B | $12.08B | $3.59B | $2.97B |
| Net income | $547.0M | $1.10B | $11.47B | $2.78B | $2.21B |
| EPS (diluted) | $53.88 | $67.40 | $784.55 | $189.41 | $165.76 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.78B | $3.69B | $3.52B | $3.62B | $3.69B | $3.65B | $3.48B | $3.60B |
| Net income | $639.0M | $700.0M | $483.0M | $575.0M | $568.0M | $580.0M | $534.0M | $672.0M |
| EPS (diluted) | $43.41 | $49.21 | $34.47 | $42.36 | $43.12 | $45.81 | $42.63 | $55.48 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$284.0M | $2.79B | $2.66B | $2.99B | $2.92B |
| Capital expenditure | -$107.0M | -$926.0M | -$1.43B | -$1.53B | -$852.0M |
| Free cash flow | -$391.0M | $1.86B | $1.23B | $1.45B | $2.07B |
| Dividends paid | -$42.0M | -$83.0M | -$117.0M | -$158.0M | -$161.0M |
| Net share buybacks | $0 | -$1.24B | $0 | -$1.65B | -$2.53B |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $1.52B
- Total assets
- $236.84B
- Total liabilities
- $214.94B
- Total debt
- $32.19B
- Net debt
- $30.67B
- Shareholders’ equity
- $21.90B
As of Jun 30, 2026 (filed Aug 7, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 31, 2026 | $2.10 | Sep 15, 2026 |
| May 29, 2026 | $2.10 | Jun 15, 2026 |
| Feb 27, 2026 | $2.10 | Mar 16, 2026 |
| Nov 28, 2025 | $2.10 | Dec 15, 2025 |
| Aug 29, 2025 | $1.95 | Sep 15, 2025 |
| May 30, 2025 | $1.95 | Jun 16, 2025 |
| Feb 28, 2025 | $1.95 | Mar 17, 2025 |
| Nov 29, 2024 | $1.95 | Dec 16, 2024 |
Short interest
- Shares sold short
- 468,081
- Days to cover
- 7.49
- Change vs previous report
- +4.3%
FINRA short interest, settlement date Sep 15, 2026.