FCNCA Stock Analysis: First Citizens BancShares | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 23.354m USD | 12M Return: 12.6% | US31946M1036 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 140M
EPS Trend: 15.8%
Qual. Beats: 3
Rev. Trend: 56.4%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
First Citizens BancShares, Inc. (NASDAQ: FCNCA) is the holding company for First-Citizens Bank & Trust Company, a U.S. regional bank founded in 1898 and headquartered in Raleigh, North Carolina. The company operates through three business segments: General Bank, which offers retail and commercial banking products including deposits, mortgages, brokerage, wealth management, and community association banking; Commercial Bank, which provides leasing, capital markets, asset management, factoring, and supply chain financing; and Rail, a niche leasing business that finances railcars and locomotives for railroads and shippers across multiple car types.
As a large-cap regional bank, FCNCA combines a traditional community-banking model with specialized commercial and equipment-leasing operations, a structure that distinguishes it from peers more narrowly focused on deposit-taking and lending. The bank holding company structure, common in the U.S. financial sector, allows First Citizens to operate its banking, advisory, and rail financing businesses under a single regulated entity.
- Net interest margin compression pressures profitability as deposit costs rise
- Silicon Valley Bridge Bank integration drives balance sheet growth and credit cost scrutiny
- Rail leasing segment faces headwinds from softening shipper demand
| Net Income: 2.35b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.41 > 1.0 |
| NWC/Revenue: -1.18k% < 20% (prev -800.0%; Δ -383.4% < -1%) |
| CFO/TA 0.01 > 3% & CFO 3.18b > Net Income 2.35b |
| Net Debt (31.1b) to EBITDA (3.71b): 8.38 < 3 |
| Current Ratio: 0.01 > 1.5 & < 3 |
| Outstanding Shares: last quarter (11.5m) vs 12m ago -12.85% < -2% |
| Gross Margin: 64.04% > 18% (prev 61.31%; Δ 2.74% > 0.5%) |
| Asset Turnover: 6.19% > 50% (prev 6.37%; Δ -0.18% > 0%) |
| Interest Coverage Ratio: 0.65 > 6 (EBIT TTM 3.16b / Interest Expense TTM 4.84b) |
| A: -0.72 (Total Current Assets 1.52b - Total Current Liabilities 172b) / Total Assets 237b |
| B: 0.09 (Retained Earnings 20.4b / Total Assets 237b) |
| C: 0.01 (EBIT TTM 3.16b / Avg Total Assets 233b) |
| D: 0.10 (Book Value of Equity 21.9b / Total Liabilities 215b) |
| Altman-Z'' = -4.25 = D |
| DSRI: 0.15 (Receivables 943.0m/6.19b, Revenue 14.4b/14.6b) |
| GMI: 0.96 (GM 61.31% / 64.04%) |
| AQI: 1.24 (AQ_t 0.94 / AQ_t-1 0.76) |
| SGI: 0.99 (Revenue 14.4b / 14.6b) |
| TATA: -0.00 (NI 2.35b - CFO 3.18b) / TA 237b) |
| Beneish M = -3.63 (Cap -4..+1) = AAA |
As of September 27, 2026, the stock is trading at USD 2090.36 with a total of 41,442 shares traded. Over the past week, the price has changed by -1.02%, over one month by -3.08%, over three months by +0.15% and over the past year by +12.59%.
Current recommended Stop Loss: 1996.80 (which is 4.5% or 1.8 ATR below the current price).
First Citizens BancShares has received a consensus analysts rating of 3.93. Therefore, it is recommended to buy FCNCA.
- StrongBuy: 4
- Buy: 5
- Hold: 5
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 2335.5 | 11.7% |
P/E Trailing = 11.3764
P/E Forward = 10.7991
P/S = 2.5026
P/B = 1.1895
P/EG = 1.1488
Revenue TTM = 14.4b USD
EBIT TTM = 3.16b USD
EBITDA TTM = 3.71b USD
Long Term Debt = 32.0b USD (from longTermDebt, last quarter)
Short Term Debt = 152.0m USD (from shortTermDebt, last quarter)
Debt = 32.6b USD (from shortLongTermDebtTotal, last quarter) + Leases 395.0m
Net Debt = 31.1b USD (calculated: Debt 32.6b - CCE 1.52b)
Enterprise Value = 54.4b USD (23.4b + Debt 32.6b - CCE 1.52b)
Interest Coverage Ratio = 0.65 (Ebit TTM 3.16b / Interest Expense TTM 4.84b)
EV/FCF = 21.25x (Enterprise Value 54.4b / FCF TTM 2.56b)
FCF Yield = 4.71% (FCF TTM 2.56b / Enterprise Value 54.4b)
FCF Margin = 17.75% (FCF TTM 2.56b / Revenue TTM 14.4b)
Net Margin = 16.31% (Net Income TTM 2.35b / Revenue TTM 14.4b)
Gross Margin = 64.04% ((Revenue TTM 14.4b - Cost of Revenue TTM 5.19b) / Revenue TTM)
Gross Margin QoQ = 67.12% (prev 66.50%)
Tobins Q-Ratio = 0.23 (Enterprise Value 54.4b / Total Assets 237b)
Interest Expense / Debt = 14.86% (Interest Expense 4.84b / Debt 32.6b)
Taxrate = 25.46% (804.0m / 3.16b)
NOPAT = 2.35b (EBIT 3.16b * (1 - 25.46%))
Current Ratio = 0.01 (Total Current Assets 1.52b / Total Current Liabilities 172b)
Debt / Equity = 1.49 (Debt 32.6b / totalStockholderEquity, last quarter 21.9b)
Debt / EBITDA = 8.38 (Net Debt 31.1b / EBITDA 3.71b)
Debt / FCF = 12.13 (Net Debt 31.1b / FCF TTM 2.56b)
Total Stockholder Equity = 22.0b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.01% (Net Income 2.35b / Total Assets 237b)
RoE = 10.68% (Net Income TTM 2.35b / Total Stockholder Equity 22.0b)
RoCE = 5.85% (EBIT 3.16b / Capital Employed (Equity 22.0b + L.T.Debt 32.0b))
RoIC = 1.00% (NOPAT 2.35b / Invested Capital 236b)
WACC = 10.15% (E(23.4b)/V(55.9b) * Re(8.85%) + D(32.6b)/V(55.9b) * Rd(14.86%) * (1-Tc(0.25)))
Discount Rate = 8.85% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -98.83 | Cagr: -9.76%
[DCF] Terminal Value 72.38% ; FCFF base≈2.15b ; Y1≈2.47b ; Y5≈3.63b
[DCF] Fair Price = 1.01k (EV 41.5b - Net Debt 31.1b = Equity 10.4b / Shares 10.3m; r=10.15% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 15.85 | EPS CAGR: 1.65% | SUE: 4.0 | # QB: 3
Revenue Correlation: 56.44 | Revenue CAGR: 7.07% | SUE: 0.73 | # QB: 0
EPS current Quarter (2026-09-30): EPS=45.48 | Chg30d=+0.24% | Revisions=+25% | Analysts=10
EPS current Year (2026-12-31): EPS=192.79 | Chg30d=+0.08% | Revisions=+77% | GrowthEPS=+8.4% | GrowthRev=+0.2%
EPS next Year (2027-12-31): EPS=197.60 | Chg30d=+0.14% | Revisions=-18% | GrowthEPS=+2.5% | GrowthRev=+4.8%
[Analyst] Revisions Ratio: +37% (up=19, down=8)