Brokers Issue Forecasts for First Citizens BancShares, Inc.’s Q1 2026 Earnings (NASDAQ:FCNCA)

First Citizens BancShares, Inc. (NASDAQ:FCNCA) – Stock analysts at Wedbush issued their Q1 2026 earnings per share estimates for First Citizens BancShares in a research report issued on Tuesday, September 24th. Wedbush analyst D. Chiaverini anticipates that the bank will post earnings per share of $49.57 for the quarter. Wedbush has a “Neutral” rating and a $2,150.00 price target on the stock. The consensus estimate for First Citizens BancShares’ current full-year earnings is $200.92 per share.

First Citizens BancShares (NASDAQ:FCNCA) last announced its earnings results on Thursday, July 25th. The bank reported $50.87 EPS for the quarter, topping analysts’ consensus estimates of $44.91 by $5.96. First Citizens BancShares had a return on equity of 14.84% and a net margin of 18.19%. The firm had revenue of $3.77 billion during the quarter, compared to analysts’ expectations of $2.30 billion. During the same quarter in the previous year, the business earned $52.60 EPS.

Several other research firms have also issued reports on FCNCA. Piper Sandler raised their target price on shares of First Citizens BancShares from $1,950.00 to $2,150.00 and gave the stock a “neutral” rating in a report on Friday, July 26th. Jefferies Financial Group began coverage on shares of First Citizens BancShares in a research report on Tuesday, July 9th. They issued a “buy” rating and a $2,005.00 price objective on the stock. Keefe, Bruyette & Woods boosted their target price on First Citizens BancShares from $2,100.00 to $2,300.00 and gave the company an “outperform” rating in a research report on Friday, July 26th. Barclays increased their price target on First Citizens BancShares from $1,950.00 to $2,250.00 and gave the stock an “equal weight” rating in a report on Monday, July 29th. Finally, Raymond James raised First Citizens BancShares from a “market perform” rating to an “outperform” rating and set a $1,900.00 price target for the company in a research note on Tuesday, July 2nd. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $1,962.90.

First Citizens BancShares Stock Down 1.7 %

Shares of FCNCA opened at $1,845.53 on Friday. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.72. The business has a fifty day moving average of $1,954.63 and a 200 day moving average of $1,770.76. The company has a market cap of $26.82 billion, a PE ratio of 10.25 and a beta of 0.82. First Citizens BancShares has a 52-week low of $1,274.91 and a 52-week high of $2,174.80.

First Citizens BancShares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 16th. Shareholders of record on Friday, August 30th were issued a dividend of $1.64 per share. The ex-dividend date was Friday, August 30th. This represents a $6.56 annualized dividend and a yield of 0.36%. First Citizens BancShares’s payout ratio is currently 3.64%.

First Citizens BancShares declared that its Board of Directors has approved a share buyback program on Thursday, July 25th that permits the company to repurchase $3.50 billion in shares. This repurchase authorization permits the bank to purchase up to 12.3% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

Hedge Funds Weigh In On First Citizens BancShares

Several institutional investors have recently made changes to their positions in FCNCA. Vanguard Group Inc. increased its holdings in First Citizens BancShares by 4.6% during the first quarter. Vanguard Group Inc. now owns 1,064,822 shares of the bank’s stock valued at $1,740,984,000 after buying an additional 47,167 shares during the period. Wellington Management Group LLP raised its position in shares of First Citizens BancShares by 21.1% in the 4th quarter. Wellington Management Group LLP now owns 239,563 shares of the bank’s stock worth $339,933,000 after acquiring an additional 41,793 shares in the last quarter. Capital Research Global Investors purchased a new stake in shares of First Citizens BancShares during the 1st quarter worth $298,180,000. Reinhart Partners LLC. boosted its position in First Citizens BancShares by 3.1% during the first quarter. Reinhart Partners LLC. now owns 58,583 shares of the bank’s stock valued at $95,783,000 after purchasing an additional 1,780 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in First Citizens BancShares by 10.2% in the fourth quarter. Goldman Sachs Group Inc. now owns 46,626 shares of the bank’s stock valued at $66,161,000 after purchasing an additional 4,298 shares during the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

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.