First Citizens BancShares, Inc. (FCNCO) 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. (FCNCO) trades at $20.68 with AI Score 68/100 (Grade B+). First Citizens BancShares, Inc. Market cap: $25.0B, Sector: Financial services.
Price as of Aug 20, 2026 · Last analyzed: Jun 14, 2026Analyst Coverage for FCNCO: FCNCO 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 FCNCO against Financial Services peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
FCNCO: 2/2 scored disciplines lean bullish. Dominant signal: Seth Klarman bullish.
How is this calculated? →Why this analysis is different
- A sector-relative MoonshotScore — five pillars (business quality, financial safety, valuation, growth durability, momentum) re-ranked nightly against the full universe of US-listed common stocks.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
First Citizens BancShares, Inc. (FCNCO) Financial Services Profile
First Citizens BancShares, Inc. is a prominent regional bank providing diverse banking solutions, including retail and commercial services, with a strong emphasis on customer service and community engagement across its extensive branch network.
What Is the Investment Thesis for FCNCO?
First Citizens BancShares, Inc. presents a solid investment thesis driven by its established market position and diverse service offerings. With a market capitalization of $25.0B and a P/E ratio of 11.16, the company demonstrates a profit margin of 15.6% and a gross margin of 62.8%, indicating operational efficiency. Growth catalysts include the expansion of its branch network and the introduction of new digital banking solutions aimed at enhancing customer experience. Additionally, the company's ability to manage interest rate risks and maintain asset quality will be crucial in navigating the evolving economic landscape. Investors should monitor the bank's performance metrics, including net interest margin and loan growth, as indicators of future profitability.
Based on FMP financials and quantitative analysis
FCNCO Key Highlights
Market capitalization of $25.0B reflects a solid position in the regional banking sector.
- P/E ratio of 11.16 indicates a competitive valuation compared to peers.
- Profit margin of 15.6% showcases operational efficiency and effective cost management.
- Gross margin of 62.8% exceeds industry averages, highlighting strong revenue generation capabilities.
- Dividend yield of 0.39% provides a return to shareholders amidst a growth-focused strategy.
Who Are FCNCO's Competitors?
FCNCO is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| USB U.S. Bancorp | $62.61 | -0.33% | $97.5B | 96 |
| TFC Truist Financial Corporation | $50.97 | -2.75% | $63.5B | 90 |
| HBAN Huntington Bancshares Incorporated | $17.16 | -0.03% | $34.7B | 70 |
| SHG Shinhan Financial Group Co., Ltd. | $71.71 | -2.51% | $33.9B | 51 |
| CFG Citizens Financial Group, Inc. | $70.76 | -3.68% | $29.9B | 84 |
| 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 | $140.35 | -2.80% | $8.53B | 95 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are FCNCO's Key Strengths?
Strong operational efficiency with a profit margin of 15.6%.
- Extensive branch network across multiple states enhances customer accessibility.
- Diverse product offerings cater to a wide range of customer needs.
What Are FCNCO's Weaknesses?
Exposure to interest rate fluctuations impacting net interest margin.
- Limited international presence compared to larger banks.
- Dependence on traditional banking services may hinder adaptability.
What Could Drive FCNCO Stock Higher?
Expansion of digital banking services to enhance customer engagement.
- Growth in loan portfolio driven by increased demand for commercial and personal loans.
- Strategic partnerships with fintech companies to improve service offerings.
What Are the Key Risks for FCNCO?
Financial-distress signal — its Altman Z-Score of 0.30 sits in the distress zone (elevated bankruptcy risk).
- Interest rate volatility could impact net interest margin and profitability.
- Regulatory changes may affect operational costs and compliance requirements.
- Economic downturns could lead to increased loan defaults and reduced demand.
What Are the Growth Opportunities for FCNCO?
- Expansion of Digital Banking Services: First Citizens BancShares, Inc. is investing in enhancing its digital banking capabilities to cater to the growing demand for online and mobile banking services.
- Geographic Expansion: The company has opportunities to expand its branch network into underserved markets, particularly in the Southeast and Southwest regions of the United States. With a strategic focus on these areas, First Citizens BancShares can tap into new customer bases and increase its market share, potentially adding significant revenue streams over the next five years.
- Diversification of Financial Products: By introducing new financial products, such as green loans and sustainable investment options, First Citizens BancShares can attract environmentally conscious consumers and businesses. This diversification aligns with current market trends towards sustainability, potentially capturing a growing segment of the market and enhancing customer loyalty.
- Strengthening Wealth Management Services: The bank can enhance its wealth management offerings to cater to high-net-worth individuals and families, particularly in regions with growing affluent populations. The wealth management market is projected to grow at a CAGR of 5.5% through 2026, providing a lucrative opportunity for First Citizens BancShares to increase its fee-based revenues.
- Partnerships and Collaborations: Forming strategic partnerships with fintech companies can enhance First Citizens BancShares' service offerings and improve operational efficiency. Collaborations in areas such as payment processing and customer analytics can provide the bank with competitive advantages and drive innovation, positioning it favorably in the evolving financial landscape.
What Threats Does FCNCO Face?
- Intense competition from both traditional banks and fintech companies.
- Economic downturns could negatively impact loan performance.
- Regulatory changes may impose additional compliance costs.
What Are FCNCO's Competitive Advantages?
- Established presence in key markets provides a stable customer base.
- Diverse range of financial products enhances customer retention and cross-selling opportunities.
- Strong brand reputation built over years of service in the community.
What Does FCNCO Do?
First Citizens BancShares, Inc. serves as the parent company for First-Citizens Bank & Trust Company, which was founded in 1898 in Raleigh, North Carolina. Over the years, the company has evolved significantly, expanding its footprint to operate 529 branches across various states, including Arizona, California, Florida, and Texas. The bank offers a comprehensive range of retail and commercial banking solutions tailored to meet the needs of individuals, businesses, and professionals. Its deposit offerings include checking, savings, money market, and certificate of deposit accounts, while its lending portfolio encompasses commercial construction loans, mortgages, industrial financing, and personal credit products. Additionally, the company provides treasury management services, wealth management, and investment opportunities, including annuities and mutual funds. With a focus on delivering exceptional customer service, First Citizens BancShares leverages both its extensive branch network and digital banking platforms to reach a diverse clientele. As a traditional banking institution, the company has established a stable customer base, positioning itself as a key player in the regional banking sector.
What Products and Services Does FCNCO Offer?
- Offer a variety of deposit accounts including checking, savings, and money market accounts.
- Provide commercial and industrial loans, mortgages, and personal credit products.
- Deliver treasury management and merchant processing services.
- Facilitate investment opportunities through annuities and mutual funds.
- Manage wealth through private banking and fiduciary services.
- Support customers with a comprehensive digital banking platform.
How Does FCNCO Make Money?
- Generate revenue through interest income from loans and fees from banking services.
- Offer wealth management and investment advisory services for additional fee income.
- Utilize a diversified loan portfolio to mitigate risks and enhance profitability.
What Industry Does FCNCO Operate In?
The regional banking industry is characterized by a competitive landscape with numerous players vying for market share. As of 2023, the industry is experiencing a shift towards digital banking services, driven by consumer demand for convenience and accessibility. First Citizens BancShares, Inc. is well-positioned within this context, leveraging its extensive branch network and digital platforms to meet evolving customer needs. The regional banking sector is projected to grow steadily, with increasing demand for personalized banking solutions and enhanced customer service.
Who Are FCNCO's Key Customers?
- Individual consumers seeking personal banking solutions.
- Small to medium-sized businesses requiring commercial banking services.
- High-net-worth individuals looking for wealth management and investment options.
First Citizens BancShares, Inc. (FCNCO) Valuation Context
Valued at $25.0B, FCNCO is classified as a large-cap stock. Relative to its peer group, FCNCO's quantitative score of 68/100 is below the peer average of 78/100.
FCNCO Revenue & Earnings Trend
In Q2 2026, FCNCO generated $3.60B in top-line revenue, marking a sequential increase of 3.6%. The company recorded net income of $672.0M, with diluted EPS of $55.48. Quarter-over-quarter revenue has been mixed, typical for a large-cap company operating in Financial Services. Across the four most recent quarters, FCNCO averaged $46.76 in diluted EPS.
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.. FCNCO has traded publicly since 2022.
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. FCNCO 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.
Earnings Track Record
First Citizens BancShares, Inc. has beaten Wall Street's EPS estimate in 6 of its last 7 reported quarters — a consistent record of delivering on expectations. Reported results have landed about 14.0% above estimates on average.
Forward Outlook
Wall Street analysts project First Citizens BancShares, Inc. revenue of about $8.87B for fiscal 2026, with EPS near $191.93. The estimate reflects 5 contributing analysts.
FCNCO 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, mirroring strategies that worked for regional banks like U.S. Bancorp in the past.
- Insiders buying shares suggests strong confidence in the bank's future performance, similar to what preceded rallies in companies like Berkshire Hathaway.
- Positive community sentiment indicates strong retail investor backing, which can drive momentum despite broader market headwinds.
- The bank's focus on traditional banking services resonates with a segment of the market seeking stability over high-growth tech, much like investors flocked to value stocks during the dot-com bust.
Bear Case
- Increased insider selling could signal concerns about near-term performance, reminiscent of pre-crisis actions at Lehman Brothers.
- Negative community sentiment reflects worries about the bank's exposure to specific sectors, similar to concerns surrounding regional banks with heavy real estate portfolios in 2008.
- Aggressive expansion through acquisitions may lead to integration challenges and increased operational risk, akin to the pitfalls faced by some banks during the subprime mortgage boom.
- Market perception of First Citizens as a traditional bank might limit its appeal to younger, tech-savvy investors, mirroring the challenges faced by older companies adapting to new market trends.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2026 | $3.60B | $672M | $55.48 |
| Q1 2026 | $3.48B | $534M | $42.63 |
| Q4 2025 | $3.65B | $580M | $45.81 |
| Q3 2025 | $3.69B | $568M | $43.12 |
Based on FMP financials and quantitative analysis
FCNCO Latest News
No recent news available for FCNCO.
FCNCO Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for FCNCO.
Price Targets
Wall Street price target analysis for FCNCO.
FCNCO MoonshotScore
What does this score mean?
The MoonshotScore rates FCNCO 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: Frank Brown Holding Jr.
CEO
Frank Brown Holding Jr. has extensive experience in the banking sector, having held various leadership roles throughout his career. He graduated with a degree in finance and has been instrumental in driving the growth and strategic direction of First Citizens BancShares since taking the helm.
Track Record: Under his leadership, the company has expanded its branch network and enhanced its digital banking offerings, resulting in improved customer satisfaction and increased market share.
First Citizens BancShares, Inc. Financial Services Stock: Key Questions Answered
What does the AI Score mean for FCNCO?
FCNCO holds an AI Score of 68/100 (Grade: B+). This is an educational research signal, not a buy or sell recommendation. First Citizens BancShares, Inc. is a regional bank holding company headquartered in Raleigh, North Carolina, offering a wide range of retail and commercial banking services. Founded in 1898, …
What does First Citizens BancShares, Inc. do?
First Citizens BancShares, Inc. operates as a regional bank holding company, providing a comprehensive range of retail and commercial banking services. The company offers deposit accounts, various loan products, treasury management, and wealth management services, catering to both individual consumers and businesses across multiple states.
What do analysts say about FCNCO stock?
Analysts generally view FCNCO as a stable investment within the regional banking sector, given its solid financial metrics such as a profit margin of 15.6% and a P/E ratio of 11.16. The company's focus on expanding its digital services and branch network is seen as a positive growth driver, although interest rate risks remain a concern.
What are the main risks for FCNCO?
First Citizens BancShares, Inc. faces several risks, including potential interest rate volatility that could impact its net interest margin and profitability. Additionally, ongoing regulatory changes may impose compliance challenges, while economic downturns could lead to increased loan defaults, affecting overall financial performance.
What are the key factors to evaluate for FCNCO?
First Citizens BancShares, Inc. (FCNCO) holds an AI score of 68/100 (moderate). presents a solid investment thesis driven by its established market position and diverse service offerings. Not financial advice.
How frequently does FCNCO data refresh on this page?
FCNCO's price was last updated on Aug 20, 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 FCNCO's recent stock price performance?
First Citizens BancShares, Inc. (FCNCO) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong operational efficiency with a profit margin of 15.6%. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider FCNCO overvalued or undervalued right now?
First Citizens BancShares, Inc. (FCNCO) 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 FCNCO before investing?
Before investing in First Citizens BancShares, Inc. (FCNCO), 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.
- Data is based on the latest available financial and operational metrics.