What is DA Davidson’s Forecast for FCNCA Q1 Earnings?

First Citizens BancShares, Inc. (NASDAQ:FCNCAFree Report) – Analysts at DA Davidson issued their Q1 2025 EPS estimates for shares of First Citizens BancShares in a report issued on Tuesday, February 11th. DA Davidson analyst M. Navas anticipates that the bank will post earnings of $36.40 per share for the quarter. The consensus estimate for First Citizens BancShares’ current full-year earnings is $165.15 per share. DA Davidson also issued estimates for First Citizens BancShares’ FY2026 earnings at $191.20 EPS.

First Citizens BancShares (NASDAQ:FCNCAGet Free Report) last issued its quarterly earnings results on Friday, January 24th. The bank reported $45.10 EPS for the quarter, topping the consensus estimate of $39.32 by $5.78. First Citizens BancShares had a net margin of 18.55% and a return on equity of 13.22%.

Several other analysts have also recently issued reports on the stock. The Goldman Sachs Group upped their price objective on shares of First Citizens BancShares from $2,025.00 to $2,625.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Keefe, Bruyette & Woods increased their price target on First Citizens BancShares from $2,500.00 to $2,600.00 and gave the company an “outperform” rating in a report on Monday, January 27th. JPMorgan Chase & Co. lifted their price objective on First Citizens BancShares from $2,550.00 to $2,600.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 7th. UBS Group initiated coverage on First Citizens BancShares in a report on Tuesday, December 17th. They issued a “buy” rating and a $2,700.00 target price for the company. Finally, StockNews.com raised shares of First Citizens BancShares from a “sell” rating to a “hold” rating in a report on Saturday, February 1st. Seven analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $2,323.50.

Get Our Latest Stock Analysis on First Citizens BancShares

First Citizens BancShares Trading Up 0.1 %

FCNCA stock opened at $2,155.94 on Wednesday. The business’s 50-day moving average is $2,148.13 and its 200 day moving average is $2,065.11. First Citizens BancShares has a 12-month low of $1,460.76 and a 12-month high of $2,412.93. The stock has a market cap of $30.16 billion, a price-to-earnings ratio of 11.38, a PEG ratio of 1.00 and a beta of 0.85. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.68.

Institutional Investors Weigh In On First Citizens BancShares

Several institutional investors and hedge funds have recently made changes to their positions in FCNCA. FMR LLC lifted its stake in First Citizens BancShares by 11.6% in the 3rd quarter. FMR LLC now owns 323,532 shares of the bank’s stock valued at $595,607,000 after buying an additional 33,713 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of First Citizens BancShares by 6.8% during the third quarter. JPMorgan Chase & Co. now owns 288,960 shares of the bank’s stock valued at $531,961,000 after acquiring an additional 18,501 shares during the last quarter. Proficio Capital Partners LLC purchased a new stake in First Citizens BancShares during the 4th quarter worth about $147,341,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in First Citizens BancShares by 15.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 58,529 shares of the bank’s stock valued at $107,749,000 after purchasing an additional 7,613 shares during the last quarter. Finally, Reinhart Partners LLC. lifted its holdings in First Citizens BancShares by 2.1% in the 4th quarter. Reinhart Partners LLC. now owns 57,981 shares of the bank’s stock valued at $122,516,000 after purchasing an additional 1,183 shares in the last quarter. 78.01% of the stock is currently owned by hedge funds and other institutional investors.

First Citizens BancShares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Friday, February 28th will be issued a dividend of $1.95 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $7.80 annualized dividend and a yield of 0.36%. First Citizens BancShares’s dividend payout ratio is presently 4.12%.

First Citizens BancShares Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for First Citizens BancShares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Citizens BancShares and related companies with MarketBeat.com's FREE daily email newsletter.