First Citizens BancShares, Inc. (FCNCB) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
First Citizens BancShares, Inc. (FCNCB) trades at $1770.00. First Citizens BancShares, Inc. is a financial holding company providing retail and commercial banking services. Market cap: $23.6B, Sector: Financial services.
Price as of Aug 21, 2026 · Last analyzed: Mar 16, 2026Analyst Coverage for FCNCB: FCNCB does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates FCNCB against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
Not enough scored data yet to form a council read on FCNCB.
How is this calculated? →First Citizens BancShares, Inc. (FCNCB) Financial Services Profile
First Citizens BancShares, Inc., established in 1898, is a regional bank holding company offering diverse retail and commercial banking services. Operating across 19 states with a substantial branch network, the company focuses on traditional banking products, wealth management, and digital services, positioning itself in a competitive financial landscape.
What Is the Investment Thesis for FCNCB?
First Citizens BancShares presents a stable investment profile within the regional banking sector. The company's consistent profitability, reflected in a 15.2% profit margin, and a conservative beta of 0.66 suggest lower volatility compared to its peers. The P/E ratio of 9.91 indicates a reasonable valuation. Growth catalysts include ongoing expansion in key geographic markets and continued investment in digital banking platforms. The company's established presence and diverse service offerings contribute to its resilience. However, potential risks include exposure to interest rate fluctuations and increased competition from fintech companies. The company's dividend yield of 0.46% offers a modest income component.
Based on FMP financials and quantitative analysis
FCNCB Key Highlights
Market capitalization of $23.6B, indicating a significant presence in the regional banking sector.
- Profit margin of 15.2%, reflecting efficient operations and effective cost management.
- Gross margin of 61.4%, showcasing the profitability of its banking services.
- P/E ratio of 9.91, suggesting a potentially undervalued stock compared to its earnings.
- Operates 529 branches across 19 states as of December 31, 2021, providing a broad geographic reach.
Who Are FCNCB's Competitors?
FCNCB is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AIBGY AIB Group plc | $25.32 | +2.10% | $26.5B | 53 |
| BDORY Banco do Brasil S.A. | $3.52 | -0.85% | $20.1B | 51 |
| BNCZF Banco BPM S.p.A. | $19.95 | +0.00% | $30.0B | 49 |
| CGMBF China Minsheng Banking Corp., Ltd. | $0.46 | +0.00% | $21.8B | 47 |
| CMAKY China Minsheng Banking Corp., Ltd. | $4.29 | +0.00% | $18.8B | 44 |
| FHN First Horizon Corporation | $24.87 | -3.68% | $11.8B | 92 |
| ZION Zions Bancorporation, National Association | $68.39 | +0.15% | $9.98B | 98 |
| BOKF BOK Financial Corporation | $139.84 | -0.36% | $8.50B | 95 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are FCNCB's Key Strengths?
Strong regional presence with a large branch network.
- Diversified product and service offerings.
- Experienced management team.
- Solid financial performance and profitability.
What Are FCNCB's Weaknesses?
Limited international presence.
- Exposure to interest rate risk.
- Dependence on traditional banking model.
- Potential for increased competition from fintech companies.
What Could Drive FCNCB Stock Higher?
Continued expansion into new geographic markets, driving revenue growth.
- Enhancement of digital banking platform, improving customer experience and efficiency.
- Potential strategic acquisitions of smaller banks or financial institutions.
- Growth in wealth management services, increasing fee-based revenue.
- Increase in commercial lending activities, supporting small and medium-sized businesses.
What Are the Key Risks for FCNCB?
Financial-distress signal — its Altman Z-Score of 0.30 sits in the distress zone (elevated bankruptcy risk).
- Economic downturn and credit quality deterioration, impacting loan portfolio.
- Increased regulatory scrutiny and compliance costs, affecting profitability.
- Rising interest rates and margin compression, reducing net interest income.
- Cybersecurity threats and data breaches, compromising customer data and reputation.
- Increased competition from fintech companies, eroding market share.
What Are the Growth Opportunities for FCNCB?
- Expansion into high-growth markets: First Citizens BancShares can capitalize on opportunities in rapidly growing metropolitan areas and states. By strategically opening new branches and expanding its service offerings in these regions, the company can attract new customers and increase its market share. States like Texas, Florida, and the Carolinas present attractive expansion opportunities due to their favorable demographic trends and economic growth. This expansion could increase revenue by an estimated 5-7% annually over the next three to five years.
- Enhancement of digital banking platform: Investing in and expanding digital banking capabilities is crucial for attracting and retaining customers, especially younger demographics. By offering a seamless and user-friendly digital experience, First Citizens BancShares can improve customer satisfaction and reduce operational costs. This includes mobile banking, online account management, and digital payment solutions. A robust digital platform can drive customer acquisition and increase transaction volumes, potentially boosting fee income by 8-10% annually.
- Wealth management services expansion: Expanding wealth management services can provide a significant growth opportunity for First Citizens BancShares. By offering personalized financial planning, investment management, and trust services, the company can cater to high-net-worth individuals and families. This expansion can be achieved through strategic acquisitions of wealth management firms or by developing in-house expertise. The wealth management market is expected to grow steadily, driven by increasing affluence and an aging population. This could increase fee-based revenue by 10-12% over the next five years.
- Strategic acquisitions: First Citizens BancShares has a history of successful acquisitions, and pursuing further strategic acquisitions can drive growth and expand its market presence. By acquiring smaller banks or financial institutions in attractive markets, the company can quickly increase its branch network and customer base. Acquisitions can also provide access to new products, services, and technologies. Careful due diligence and integration are essential for successful acquisitions. Strategic acquisitions could add 10-15% to the company's asset base over the next three to five years.
- Increase commercial lending: Focusing on commercial lending, particularly to small and medium-sized businesses (SMBs), presents a significant growth opportunity. By providing tailored financing solutions, such as term loans, lines of credit, and equipment financing, First Citizens BancShares can support the growth of SMBs and build long-term relationships. This requires developing expertise in specific industries and offering competitive pricing. The SMB lending market is substantial, and First Citizens BancShares can capture a larger share by offering superior service and innovative products. Increased commercial lending could boost loan revenue by 6-8% annually.
What Are FCNCB's Competitive Advantages?
- Established brand and reputation in the regional banking market.
- Extensive branch network across multiple states.
- Long-standing customer relationships and community ties.
- Strong capital base and conservative risk management practices.
What Does FCNCB Do?
First Citizens BancShares, Inc. traces its roots back to 1898, when it was founded as a small community bank in Smithfield, North Carolina. Over the decades, the company has grown through strategic acquisitions and organic expansion to become one of the largest family-controlled banks in the United States. The company operates primarily through its subsidiary, First-Citizens Bank & Trust Company, providing a comprehensive suite of retail and commercial banking services. These services include deposit accounts (checking, savings, money market, and time deposits), loan products (commercial construction, commercial mortgage, commercial and industrial, and consumer loans), treasury services, wealth management, and investment products. First Citizens BancShares has expanded its geographic footprint significantly, operating 529 branches across 19 states as of December 31, 2021. The company's growth strategy involves targeting markets with strong economic fundamentals and attractive demographic trends. First Citizens BancShares also focuses on enhancing its digital banking capabilities to meet the evolving needs of its customers. The company's commitment to customer service and long-term relationships has been a key differentiator in a competitive banking environment. The company continues to emphasize its community banking roots while adapting to the challenges and opportunities of the modern financial landscape.
What Products and Services Does FCNCB Offer?
- Provides retail banking services to individuals.
- Offers commercial banking services to businesses and professionals.
- Provides checking, savings, and money market accounts.
- Offers commercial and industrial loans.
- Provides residential and commercial mortgage loans.
- Provides wealth management services.
- Offers treasury services products.
How Does FCNCB Make Money?
- Generates revenue from interest on loans.
- Earns fees from deposit accounts and other services.
- Provides wealth management and investment advisory services for fees.
- Offers treasury services to businesses for a fee.
What Industry Does FCNCB Operate In?
First Citizens BancShares operates within the regional banking industry, which is characterized by increasing competition and evolving customer expectations. The industry is undergoing a digital transformation, with banks investing heavily in technology to enhance customer experience and streamline operations. The competitive landscape includes both traditional banks and emerging fintech companies. Regulatory compliance and interest rate sensitivity are key challenges for regional banks. The regional banking sector is expected to grow moderately, driven by economic expansion and increasing demand for financial services.
Who Are FCNCB's Key Customers?
- Individuals seeking personal banking services.
- Small and medium-sized businesses requiring commercial loans and banking services.
- Large corporations needing treasury management and financing solutions.
- High-net-worth individuals seeking wealth management services.
Company Profile
First Citizens BancShares, Inc. operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in Raleigh, US. The company is led by CEO Frank Brown Holding Jr.. FCNCB has traded publicly since 1997.
How First Citizens BancShares, Inc. Is Valued
First Citizens BancShares, Inc. carries a market capitalization of $23.6B, placing it in the large-cap category.
Key Financial Metrics
Return on equity for First Citizens BancShares, Inc. stands at 10.2%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 1.0%, showing how much profit it generates from its asset base. FCNCB trades at a trailing price-to-earnings ratio of 10.99, below the Financial Services sector average of ~18x. Its free cash flow yield is 9.2%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.15 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 9.1%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
First Citizens BancShares, Inc.'s Piotroski F-Score is 8/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 0.30 places it in the distress zone, a signal of elevated financial risk.
Forward Outlook
Wall Street analysts project First Citizens BancShares, Inc. revenue of about $8.86B for fiscal 2026, with EPS near $192.05. The estimate reflects 5 contributing analysts.
Insider Activity
Over the past six months, First Citizens BancShares, Inc. insiders filed 14 SEC Form 4 transactions — 0 sales and 14 purchases. On net that is roughly 258 shares acquired (about $516K) — insiders putting money in tends to read as conviction.
FCNCB Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- First Citizens' recent acquisitions signal aggressive growth, reminiscent of regional banks expanding pre-2008 crisis, but with potentially better risk management.
- Insider buying activity suggests strong confidence in the bank's future performance and strategic direction.
- Community sentiment indicates a belief in the bank's stability and long-term value, particularly in a volatile market.
- Market perception views First Citizens as a safe haven, attracting investors seeking stability amidst economic uncertainty.
Bear Case
- Integration of acquired entities may present operational challenges and potential cultural clashes, impacting efficiency.
- Bearish community views express concerns about the bank's exposure to specific sectors facing economic headwinds.
- Recent market developments, such as rising interest rates, could negatively affect the bank's lending margins and profitability.
- Despite positive sentiment, some perceive the bank's growth strategy as overly ambitious, increasing risk exposure.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
FCNCB Latest News
No recent news available for FCNCB.
FCNCB Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for FCNCB.
Price Targets
Wall Street price target analysis for FCNCB.
FCNCB MoonshotScore
What does this score mean?
The MoonshotScore rates FCNCB 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: Frank Brown Holding Jr.
Chairman and Chief Executive Officer
Frank Brown Holding Jr. has served as the Chairman and Chief Executive Officer of First Citizens BancShares, Inc. for several years. He represents the third generation of the Holding family to lead the company. His career within the bank has spanned various roles, providing him with a deep understanding of the company's operations and culture. He is actively involved in industry associations and community organizations, reflecting his commitment to the banking industry and the communities First Citizens serves. Holding Jr. is a graduate of the University of North Carolina at Chapel Hill.
Track Record: Under Frank Brown Holding Jr.'s leadership, First Citizens BancShares has experienced significant growth and expansion. He has overseen strategic acquisitions that have broadened the company's geographic footprint and service offerings. Holding Jr. has also emphasized the importance of maintaining a strong capital base and conservative risk management practices. A key milestone under his tenure was the successful integration of acquired banks and the continued focus on customer service and community engagement.
FCNCB OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that First Citizens BancShares, Inc. may not meet the listing requirements of higher tiers like OTCQX or OTCQB, or major exchanges like NYSE or NASDAQ. Companies in this tier may have limited financial disclosure and may not be subject to the same regulatory oversight as exchange-listed companies. Investing in OTC Other stocks carries higher risks due to the potential for less transparency and liquidity compared to exchange-listed stocks. Investors should conduct thorough due diligence before investing in OTC Other securities.
- OTC Tier: OTC Other
- Limited financial disclosure due to the OTC Other tier status.
- Lower trading volume and liquidity compared to exchange-listed stocks.
- Potential for wider bid-ask spreads and increased price volatility.
- Higher risk of fraud or manipulation due to less regulatory oversight.
- Difficulty in obtaining reliable information about the company.
- Verify the company's financial statements and SEC filings (if any).
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Evaluate the company's capital structure and debt levels.
- Check for any legal or regulatory issues involving the company.
- Monitor trading volume and price activity for unusual patterns.
- Consult with a qualified financial advisor before investing.
- Long operating history dating back to 1898.
- Substantial branch network across multiple states.
- Positive financial performance and profitability.
- Established brand and reputation in the regional banking market.
- Family control and long-term commitment to the business.
Common Questions About FCNCB (Financial Services)
What does First Citizens BancShares, Inc. do?
First Citizens BancShares, Inc. operates as the holding company for First-Citizens Bank & Trust Company, providing a range of retail and commercial banking services. These services include deposit accounts, loan products, treasury services, wealth management, and investment products. The company operates a large branch network across 19 states and offers digital banking services to cater to diverse customer needs.
What do analysts say about FCNCB stock?
Analyst coverage of First Citizens BancShares, Inc. is limited, but available reports generally highlight the company's stable financial performance and strong regional presence. Key valuation metrics, such as the P/E ratio of 9.91, suggest a reasonable valuation compared to its peers. Growth considerations include the company's expansion strategy, digital banking initiatives, and wealth management opportunities.
What are the main risks for FCNCB?
First Citizens BancShares, Inc. faces several risks inherent to the banking industry. These include credit risk, interest rate risk, and regulatory risk. A potential economic downturn could lead to credit quality deterioration and increased loan losses. Rising interest rates could compress margins and reduce net interest income. Increased regulatory scrutiny and compliance costs could also affect profitability.
What are the key factors to evaluate for FCNCB?
Evaluate FCNCB on fundamentals, analyst consensus, and risk factors. First Citizens BancShares presents a stable investment profile within the regional banking sector. Not financial advice.
How frequently does FCNCB data refresh on this page?
FCNCB's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven FCNCB's recent stock price performance?
First Citizens BancShares, Inc. (FCNCB) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong regional presence with a large branch network. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider FCNCB overvalued or undervalued right now?
First Citizens BancShares, Inc. (FCNCB) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research FCNCB before investing?
Before investing in First Citizens BancShares, Inc. (FCNCB), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available financial data and company reports as of 2021-12-31.
- AI analysis is pending and may provide additional insights.