First Citizens BancShares (NASDAQ:FCNCA – Get Free Report) is scheduled to post its quarterly earnings results before the market opens on Thursday, April 25th. Analysts expect First Citizens BancShares to post earnings of $43.51 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.
First Citizens BancShares (NASDAQ:FCNCA – Get Free Report) last released its quarterly earnings data on Friday, January 26th. The bank reported $46.58 EPS for the quarter, missing analysts’ consensus estimates of $48.49 by ($1.91). First Citizens BancShares had a return on equity of 13.52% and a net margin of 51.04%. The company had revenue of $2.45 billion for the quarter, compared to the consensus estimate of $2.36 billion. On average, analysts expect First Citizens BancShares to post $177 EPS for the current fiscal year and $195 EPS for the next fiscal year.
First Citizens BancShares Stock Down 0.0 %
FCNCA opened at $1,622.72 on Wednesday. First Citizens BancShares has a fifty-two week low of $945.32 and a fifty-two week high of $1,652.04. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.14 and a current ratio of 1.14. The company has a market capitalization of $23.56 billion, a P/E ratio of 2.07 and a beta of 0.89. The stock has a fifty day moving average of $1,566.98 and a 200-day moving average of $1,472.16.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Analysis on First Citizens BancShares
Insider Buying and Selling at First Citizens BancShares
In other news, Director Ellen R. Alemany sold 600 shares of the business’s stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of $1,559.09, for a total value of $935,454.00. Following the transaction, the director now owns 4,842 shares in the company, valued at approximately $7,549,113.78. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, Director Ellen R. Alemany sold 600 shares of the company’s stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of $1,559.09, for a total value of $935,454.00. Following the transaction, the director now owns 4,842 shares in the company, valued at $7,549,113.78. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Hope Holding Bryant acquired 300 shares of the company’s stock in a transaction that occurred on Wednesday, February 21st. The stock was purchased at an average price of $1,315.00 per share, for a total transaction of $394,500.00. Following the purchase, the insider now owns 1,978 shares of the company’s stock, valued at approximately $2,601,070. The disclosure for this purchase can be found here. In the last quarter, insiders purchased 1,388 shares of company stock worth $1,825,220. Insiders own 12.85% 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.
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