First Citizens BancShares (NASDAQ:FCNCA) Price Target Raised to $2,450.00

First Citizens BancShares (NASDAQ:FCNCA) had its price target increased by JPMorgan Chase & Co. from $2,350.00 to $2,450.00 in a research note issued to investors on Friday,Benzinga reports. They currently have a neutral rating on the bank’s stock.

Other analysts also recently issued research reports about the stock. Fundamental Research set a $2,350.00 price objective on shares of First Citizens BancShares in a report on Wednesday, July 1st. Jefferies Financial Group restated a “hold” rating and set a $2,300.00 target price on shares of First Citizens BancShares in a report on Thursday. Weiss Ratings upgraded First Citizens BancShares from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft cut First Citizens BancShares from a “buy” rating to a “hold” rating and set a $2,154.00 price target for the company. in a report on Wednesday, April 8th. Finally, Zacks Research upgraded First Citizens BancShares from a “strong sell” rating to a “hold” rating in a research report on Monday, March 30th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $2,258.85.

First Citizens BancShares Price Performance

Shares of NASDAQ FCNCA opened at $2,160.65 on Friday. The firm has a 50-day simple moving average of $2,064.10 and a 200-day simple moving average of $2,017.20. The stock has a market capitalization of $25.04 billion, a price-to-earnings ratio of 11.55, a price-to-earnings-growth ratio of 1.63 and a beta of 0.62. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.67. First Citizens BancShares has a 52 week low of $1,623.76 and a 52 week high of $2,237.82.

First Citizens BancShares (NASDAQ:FCNCA) last posted its quarterly earnings results on Thursday, July 23rd. The bank reported $57.09 earnings per share 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 the consensus estimate 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 analysts predict that First Citizens BancShares will post 177.18 earnings per share for the current fiscal year.

First Citizens BancShares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be given a dividend of $2.10 per share. 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 presently 4.83%.

Insider Buying and Selling

In other news, CEO Frank B. Holding, Jr. bought 5,940 shares of First Citizens BancShares stock in a transaction on Tuesday, May 12th. The shares were bought at an average cost of $1,726.82 per share, with a total value of $10,257,310.80. Following the completion of the purchase, the chief executive officer directly owned 38,111 shares of the company’s stock, valued at approximately $65,810,837.02. This trade represents a 18.46% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have bought 7,190 shares of company stock worth $12,573,868 over the last quarter. 14.63% of the stock is owned by insiders.

Institutional Trading of First Citizens BancShares

A number of hedge funds and other institutional investors have recently made changes to their positions in FCNCA. Whitener Capital Management Inc. raised its position in shares of First Citizens BancShares by 10.7% during the 2nd quarter. Whitener Capital Management Inc. now owns 784 shares of the bank’s stock valued at $1,631,000 after buying an additional 76 shares during the period. Legacy Wealth Asset Management LLC grew its position in First Citizens BancShares by 6.7% in the second quarter. Legacy Wealth Asset Management LLC now owns 224 shares of the bank’s stock worth $466,000 after acquiring an additional 14 shares during the period. Reinhart Partners LLC. grew its position in First Citizens BancShares by 7.5% in the second quarter. Reinhart Partners LLC. now owns 84,206 shares of the bank’s stock worth $175,253,000 after acquiring an additional 5,909 shares during the period. Cooper Financial Group increased its stake in First Citizens BancShares by 6.5% during the second quarter. Cooper Financial Group now owns 131 shares of the bank’s stock worth $273,000 after acquiring an additional 8 shares during the last quarter. Finally, Balefire LLC acquired a new stake in First Citizens BancShares during the second quarter worth $223,000. Institutional investors and hedge funds own 78.01% of the company’s stock.

Trending Headlines about 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

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.