First Trust Advisors LP Purchases 13,366 Shares of First Citizens BancShares, Inc. $FCNCA

First Trust Advisors LP boosted its position in shares of First Citizens BancShares, Inc. (NASDAQ:FCNCA) by 44.7% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 43,247 shares of the bank’s stock after purchasing an additional 13,366 shares during the period. First Trust Advisors LP’s holdings in First Citizens BancShares were worth $81,506,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Hilton Head Capital Partners LLC acquired a new position in First Citizens BancShares in the fourth quarter worth $26,000. Reflection Asset Management acquired a new position in shares of First Citizens BancShares during the fourth quarter worth approximately $45,000. Global Assets Advisory LLC bought a new stake in shares of First Citizens BancShares during the first quarter valued at approximately $45,000. Allworth Financial LP increased its holdings in shares of First Citizens BancShares by 21.7% in the third quarter. Allworth Financial LP now owns 28 shares of the bank’s stock valued at $51,000 after purchasing an additional 5 shares in the last quarter. Finally, UMB Bank n.a. increased its holdings in shares of First Citizens BancShares by 50.0% in the fourth quarter. UMB Bank n.a. now owns 24 shares of the bank’s stock valued at $52,000 after purchasing an additional 8 shares in 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: First Citizens BancShares reported Q2 2026 earnings of $57.09 per share, far above Wall Street expectations, and revenue of $2.24 billion also beat estimates, signaling much stronger-than-expected profitability. First Citizens BancShares Reports Second Quarter 2026 Earnings
• Positive Sentiment: JPMorgan Chase raised its price target on FCNCA to $2,450 from $2,350, suggesting additional upside even though it kept a neutral rating. Benzinga
• Positive Sentiment: The board declared a quarterly dividend of $2.10 per share, underscoring ongoing shareholder returns and financial stability. First Citizens BancShares Declares Dividends
• Neutral Sentiment: Short-interest data showed 0 shares sold short and a 0.0-day short-interest ratio, so the update does not provide a meaningful new signal for the stock. First Citizens BancShares stock page

Insider Buying and Selling

In other First Citizens BancShares news, CEO Frank B. Holding, Jr. purchased 5,940 shares of the stock in a transaction on Tuesday, May 12th. The shares were purchased at an average price of $1,726.82 per share, with a total value of $10,257,310.80. Following the completion of the transaction, the chief executive officer directly owned 38,111 shares in the company, valued at $65,810,837.02. This represents a 18.46% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders bought a total of 7,190 shares of company stock worth $12,573,868 in the last three months. Company insiders own 14.63% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on FCNCA. Fundamental Research set a $2,350.00 price objective on First Citizens BancShares in a research report on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft downgraded First Citizens BancShares from a “buy” rating to a “hold” rating and set a $2,154.00 price objective on the stock. in a research note on Wednesday, April 8th. Zacks Research raised shares of First Citizens BancShares from a “strong sell” rating to a “hold” rating in a research note on Monday, March 30th. Jefferies Financial Group reiterated a “hold” rating and issued a $2,300.00 price target on shares of First Citizens BancShares in a report on Thursday. Finally, Citigroup reissued a “neutral” rating on shares of First Citizens BancShares in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat, First Citizens BancShares has a consensus rating of “Hold” and a consensus target price of $2,258.85.

First Citizens BancShares Trading Down 2.4%

NASDAQ FCNCA opened at $2,160.65 on Friday. First Citizens BancShares, Inc. has a 12 month low of $1,623.76 and a 12 month high of $2,237.82. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.67. The stock has a 50 day moving average of $2,064.10 and a 200-day moving average of $2,018.36. The company has a market cap of $25.04 billion, a PE ratio of 11.55, a PEG ratio of 1.67 and a beta of 0.62.

First Citizens BancShares (NASDAQ:FCNCA) last posted its quarterly earnings results on Thursday, July 23rd. The bank reported $57.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $56.68. The firm had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.16 billion. First Citizens BancShares had a net margin of 16.28% and a return on equity of 11.98%. On average, equities research analysts anticipate that First Citizens BancShares, Inc. will post 177.18 EPS for the current fiscal year.

First Citizens BancShares Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be paid a $2.10 dividend. This represents a $8.40 annualized dividend and a yield of 0.4%. The ex-dividend date is Monday, August 31st. First Citizens BancShares’s dividend payout ratio (DPR) is 4.83%.

First Citizens BancShares Company 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.