First Citizens BancShares, Inc. $FCNCA Shares Sold by First Citizens Bank & Trust Co.

First Citizens Bank & Trust Co. cut its position in shares of First Citizens BancShares, Inc. (NASDAQ:FCNCA) by 0.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 78,633 shares of the bank’s stock after selling 499 shares during the period. First Citizens BancShares accounts for 2.5% of First Citizens Bank & Trust Co.’s portfolio, making the stock its 8th largest holding. First Citizens Bank & Trust Co. owned 0.61% of First Citizens BancShares worth $140,687,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of FCNCA. Goldman Sachs Group Inc. increased its position in First Citizens BancShares by 1.9% during the first quarter. Goldman Sachs Group Inc. now owns 37,389 shares of the bank’s stock worth $69,324,000 after buying an additional 681 shares during the last quarter. Empowered Funds LLC increased its holdings in shares of First Citizens BancShares by 71.9% during the 1st quarter. Empowered Funds LLC now owns 392 shares of the bank’s stock worth $727,000 after acquiring an additional 164 shares during the last quarter. Focus Partners Wealth increased its holdings in shares of First Citizens BancShares by 5.2% during the 1st quarter. Focus Partners Wealth now owns 241 shares of the bank’s stock worth $447,000 after acquiring an additional 12 shares during the last quarter. Farther Finance Advisors LLC raised its stake in First Citizens BancShares by 42.1% in the 2nd quarter. Farther Finance Advisors LLC now owns 341 shares of the bank’s stock valued at $667,000 after acquiring an additional 101 shares during the period. Finally, Park Avenue Securities LLC lifted its holdings in First Citizens BancShares by 14.7% during the 2nd quarter. Park Avenue Securities LLC now owns 632 shares of the bank’s stock valued at $1,237,000 after purchasing an additional 81 shares during the last quarter. 78.01% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about First Citizens BancShares

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

• Positive Sentiment: Q4 results beat expectations — FCNCA reported $51.27 EPS vs. consensus ~ $44 and revenue of $2.25B vs. ~$2.24B, showing solid near‑term profitability and margins. Q4 Earnings Release
• Positive Sentiment: Board declared a $2.10 quarterly dividend (record Feb 27; pay Mar 16), supporting income investors despite a modest yield (~0.4%). Dividend Release
• Neutral Sentiment: Full Q4 earnings call transcript and presentation are available for additional detail on loan trends, NII drivers, and management commentary (useful for investors parsing guidance vs. results). Earnings Call Transcript
• Negative Sentiment: Management issued a downbeat full‑year interest‑income forecast that came in below Street expectations — that guidance drove the immediate negative reaction as net interest income is a primary earnings driver for banks. Reuters: Downbeat Forecast
• Negative Sentiment: Analysts highlighted rising margin pressure and some firms have downgraded or flagged the shares after the guidance, increasing selling pressure. Seeking Alpha: Downgrade
• Negative Sentiment: Market reaction: volume spiked and the share price fell as investors re‑priced the stock for a weaker NII outlook despite the beat — watch upcoming guidance details and 2026 NII sensitivity. MarketBeat Trading Snapshot

Analyst Upgrades and Downgrades

Several research firms have commented on FCNCA. JPMorgan Chase & Co. upped their price objective on shares of First Citizens BancShares from $2,300.00 to $2,500.00 and gave the company an “overweight” rating in a report on Tuesday, December 16th. Barclays upped their price target on shares of First Citizens BancShares from $2,190.00 to $2,456.00 and gave the company an “equal weight” rating in a research note on Monday, January 5th. UBS Group restated a “buy” rating and set a $2,500.00 price objective on shares of First Citizens BancShares in a research report on Tuesday, January 6th. Truist Financial boosted their price objective on First Citizens BancShares from $2,000.00 to $2,050.00 and gave the stock a “hold” rating in a report on Tuesday, October 28th. Finally, Raymond James Financial upgraded First Citizens BancShares from an “outperform” rating to a “strong-buy” rating and increased their target price for the stock from $2,100.00 to $2,200.00 in a research note on Thursday, November 20th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $2,250.55.

Insider Transactions at First Citizens BancShares

In other news, Director Ellen R. Alemany acquired 300 shares of First Citizens BancShares stock in a transaction on Thursday, November 13th. The shares were purchased at an average cost of $1,000.00 per share, for a total transaction of $300,000.00. Following the completion of the purchase, the director directly owned 300 shares of the company’s stock, valued at approximately $300,000. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Frank B. Holding, Jr. bought 135 shares of the firm’s stock in a transaction on Wednesday, November 26th. The stock was purchased at an average cost of $1,629.67 per share, for a total transaction of $220,005.45. Following the completion of the acquisition, the chief executive officer owned 2,527 shares in the company, valued at approximately $4,118,176.09. This trade represents a 5.64% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 13.40% of the company’s stock.

First Citizens BancShares Stock Performance

Shares of NASDAQ:FCNCA opened at $2,016.56 on Friday. First Citizens BancShares, Inc. has a 12-month low of $1,473.62 and a 12-month high of $2,412.93. The company’s 50 day moving average price is $2,058.68 and its two-hundred day moving average price is $1,952.88. The firm has a market cap of $25.09 billion, a PE ratio of 12.17 and a beta of 0.69. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.81.

First Citizens BancShares (NASDAQ:FCNCA) last released its quarterly earnings results on Friday, January 23rd. The bank reported $51.27 earnings per share for the quarter, beating analysts’ consensus estimates of $44.24 by $7.03. First Citizens BancShares had a net margin of 15.99% and a return on equity of 11.09%. The company had revenue of $2.25 billion during the quarter, compared to the consensus estimate of $2.24 billion. Equities research analysts predict that First Citizens BancShares, Inc. will post 167.59 earnings per share for the current year.

First Citizens BancShares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 27th will be given a dividend of $2.10 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $8.40 annualized dividend and a yield of 0.4%. First Citizens BancShares’s dividend payout ratio is currently 4.97%.

First Citizens BancShares Profile

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.