JPMorgan Chase & Co. Issues Pessimistic Forecast for First Citizens BancShares (NASDAQ:FCNCA) Stock Price

First Citizens BancShares (NASDAQ:FCNCA) had its price objective reduced by equities research analysts at JPMorgan Chase & Co. from $2,200.00 to $2,150.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has a “neutral” rating on the bank’s stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 11.29% from the stock’s current price.

Several other equities research analysts have also weighed in on FCNCA. Truist Financial upped their target price on shares of First Citizens BancShares from $2,050.00 to $2,150.00 and gave the stock a “hold” rating in a report on Monday, January 26th. Deutsche Bank Aktiengesellschaft lowered shares of First Citizens BancShares from a “buy” rating to a “hold” rating and set a $2,154.00 target price on the stock. in a report on Wednesday, April 8th. TD Cowen raised shares of First Citizens BancShares to a “strong-buy” rating in a report on Monday, April 13th. UBS Group set a $2,325.00 target price on shares of First Citizens BancShares in a report on Wednesday, February 4th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of First Citizens BancShares in a report on Friday, March 27th. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, First Citizens BancShares currently has an average rating of “Moderate Buy” and a consensus target price of $2,218.75.

First Citizens BancShares Trading Down 2.2%

NASDAQ FCNCA opened at $1,931.94 on Friday. The company has a 50-day simple moving average of $1,930.63 and a 200-day simple moving average of $1,959.79. The company has a debt-to-equity ratio of 1.72, a quick ratio of 1.03 and a current ratio of 1.03. First Citizens BancShares has a one year low of $1,623.76 and a one year high of $2,232.21. The firm has a market capitalization of $23.07 billion, a PE ratio of 11.11, a price-to-earnings-growth ratio of 1.47 and a beta of 0.65.

First Citizens BancShares (NASDAQ:FCNCA) last posted its earnings results on Thursday, April 23rd. The bank reported $44.86 earnings per share for the quarter, topping the consensus estimate of $43.31 by $1.55. First Citizens BancShares had a net margin of 15.62% and a return on equity of 11.37%. The business had revenue of $2.14 billion for the quarter, compared to analyst estimates of $2.20 billion. During the same quarter in the prior year, the firm earned $37.79 EPS. On average, equities analysts forecast that First Citizens BancShares will post 178.89 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Frank B. Holding, Jr. acquired 92 shares of the firm’s stock in a transaction on Thursday, March 19th. The shares were purchased at an average price of $1,550.00 per share, with a total value of $142,600.00. Following the acquisition, the chief executive officer directly owned 2,841 shares in the company, valued at $4,403,550. The trade was a 3.35% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Over the last 90 days, insiders have bought 258 shares of company stock worth $404,236. 14.63% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On First Citizens BancShares

A number of hedge funds have recently added to or reduced their stakes in FCNCA. Northwestern Mutual Wealth Management Co. grew its holdings in First Citizens BancShares by 117,518.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 205,833 shares of the bank’s stock worth $441,755,000 after acquiring an additional 205,658 shares during the last quarter. Norges Bank bought a new stake in First Citizens BancShares during the 4th quarter worth about $116,565,000. River Road Asset Management LLC boosted its stake in shares of First Citizens BancShares by 574.0% in the 4th quarter. River Road Asset Management LLC now owns 55,402 shares of the bank’s stock valued at $118,903,000 after purchasing an additional 47,182 shares during the last quarter. Orion Porfolio Solutions LLC boosted its stake in shares of First Citizens BancShares by 2,057.4% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 47,506 shares of the bank’s stock valued at $92,944,000 after purchasing an additional 45,304 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its stake in shares of First Citizens BancShares by 390.2% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 48,299 shares of the bank’s stock valued at $84,995,000 after purchasing an additional 38,446 shares during the last quarter. Institutional investors own 78.01% of the company’s stock.

Key Stories Impacting First Citizens BancShares

Here are the key news stories impacting First Citizens BancShares this week:

• Positive Sentiment: Board declared a quarterly common dividend of $2.10/share (paid June 15, record May 29), supporting income investors and signaling capital return confidence. PR Newswire – Dividends
• Positive Sentiment: Q1 EPS beat: First Citizens reported $44.86 EPS, topping consensus estimates — a strong bottom-line result that offsets some top-line concerns and supports valuation metrics. PR Newswire – Q1 Earnings
• Positive Sentiment: Management announced plans to expand commercial banking capabilities and align brand names later in 2026, a strategic push that could drive future revenue and client integration benefits. PR Newswire – Commercial Solutions
• Neutral Sentiment: Company plans to retire the Silicon Valley Bank name from the businesses it acquired — a reputational/branding move that reduces legacy confusion but has limited near-term financial impact. PYMNTS – SVB Rebrand
• Neutral Sentiment: Management hosted an earnings call describing a balance of growth opportunities and margin/pressure challenges — useful color for investors but not an immediate catalyst. TipRanks – Earnings Call
• Neutral Sentiment: Market write-ups and presentations (Seeking Alpha, Zacks, American Banking News) provide analysis and comparisons to peers; they help investors dig into metrics but are not direct drivers. Seeking Alpha – Q1 Presentation
• Neutral Sentiment: Short-interest data published for April appears anomalous (shows zero shares), suggesting no clear short-squeeze signal — treat this data point cautiously. MarketBeat – Short Interest
• Negative Sentiment: JPMorgan lowered its price target from $2,200 to $2,150 and moved to a “neutral” rating, which reduces an influential broker’s upside narrative and likely pressured trader sentiment. Benzinga – JPMorgan Price Target
• Negative Sentiment: Top-line weakness: revenue for the quarter came in below consensus ($2.14B reported vs ~$2.20B expected), highlighted in media coverage and likely fueling concerns about near-term growth momentum. MSN – Sales Miss

About First Citizens BancShares

First Citizens BancShares, Inc is the bank holding company for First Citizens Bank, a full‑service commercial bank headquartered in Raleigh, North Carolina. The company traces its roots to a community bank founded in 1898 and has grown into a diversified financial services organization that operates through its banking subsidiary to serve retail, commercial and institutional clients.

First Citizens offers a broad suite of banking products and services, including consumer and business deposit accounts, commercial and industrial lending, real estate and mortgage lending, treasury and cash management, and specialized lending solutions.