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

First Citizens BancShares, Inc. (NASDAQ:FCNCA) – Research analysts at Wedbush issued their Q1 2025 earnings per share (EPS) estimates for shares of First Citizens BancShares in a research note issued to investors on Wednesday, March 27th. Wedbush analyst D. Chiaverini expects that the bank will post earnings per share of $44.10 for the quarter. Wedbush has a “Outperform” rating and a $1,800.00 price target 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.

First Citizens BancShares (NASDAQ:FCNCA) last released its earnings results on Friday, January 26th. The bank reported $46.58 earnings per share for the quarter, missing the consensus estimate of $48.49 by ($1.91). The company 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%.

A number of other research analysts also recently weighed in on the stock. DA Davidson reaffirmed a “neutral” rating on shares of First Citizens BancShares in a research report on Monday, January 15th. StockNews.com upgraded shares of First Citizens BancShares from a “sell” rating to a “hold” rating in a research report on Wednesday, March 6th. UBS Group boosted their target price on First Citizens BancShares from $1,644.00 to $1,754.00 and gave the stock a “buy” rating in a research note on Tuesday, January 30th. Finally, The Goldman Sachs Group started coverage on shares of First Citizens BancShares in a report on Thursday, March 21st. They set a “buy” rating and a $1,950.00 price target on the stock. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, First Citizens BancShares has a consensus rating of “Moderate Buy” and a consensus price target of $1,667.71.

First Citizens BancShares Stock Up 1.1 %

Shares of FCNCA stock opened at $1,616.88 on Thursday. First Citizens BancShares has a 12-month low of $884.04 and a 12-month high of $1,625.00. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.82. The firm has a fifty day moving average of $1,524.96 and a 200-day moving average of $1,441.35. The company has a market capitalization of $23.48 billion, a price-to-earnings ratio of 2.06 and a beta of 0.88.

Institutional Trading of First Citizens BancShares

Several large investors have recently modified their holdings of FCNCA. Raymond James & Associates boosted its position in First Citizens BancShares by 19.9% during the 1st quarter. Raymond James & Associates now owns 2,959 shares of the bank’s stock valued at $1,970,000 after acquiring an additional 491 shares in the last quarter. Raymond James Financial Services Advisors Inc. bought a new stake in shares of First Citizens BancShares during the 1st quarter valued at $207,000. US Bancorp DE increased its stake in shares of First Citizens BancShares by 277.0% in the 1st quarter. US Bancorp DE now owns 475 shares of the bank’s stock worth $317,000 after acquiring an additional 349 shares in the last quarter. Cetera Advisor Networks LLC lifted its position in First Citizens BancShares by 21.0% during the 1st quarter. Cetera Advisor Networks LLC now owns 513 shares of the bank’s stock valued at $341,000 after acquiring an additional 89 shares during the period. Finally, MetLife Investment Management LLC bought a new position in shares of First Citizens BancShares during the first quarter valued at approximately $162,000. 61.18% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, insider Hope Holding Bryant purchased 300 shares of the business’s stock in a transaction on Wednesday, February 21st. The stock was purchased at an average cost of $1,315.00 per share, with a total value of $394,500.00. Following the acquisition, the insider now directly owns 1,978 shares in the company, valued at $2,601,070. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. In other First Citizens BancShares news, Director Ellen R. Alemany sold 600 shares of the business’s stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $1,559.09, for a total value of $935,454.00. Following the completion of the sale, the director now directly owns 4,842 shares of the company’s stock, valued at $7,549,113.78. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Hope Holding Bryant bought 300 shares of the stock in a transaction dated Wednesday, February 21st. The stock was bought at an average cost of $1,315.00 per share, with a total value of $394,500.00. Following the purchase, the insider now owns 1,978 shares in the company, valued at approximately $2,601,070. The disclosure for this purchase can be found here. In the last quarter, insiders have purchased 1,388 shares of company stock valued at $1,825,220. Corporate insiders own 13.40% of the company’s stock.

First Citizens BancShares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Thursday, February 29th were given a $1.64 dividend. This represents a $6.56 annualized dividend and a dividend yield of 0.41%. The ex-dividend date was Wednesday, February 28th. First Citizens BancShares’s dividend payout ratio (DPR) is presently 0.84%.

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.