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First Citizens BancShares, Inc. (FCNCA) fair value: what the stock is really worth

As of Nov 6, 2026: fair value (intrinsic value) of First Citizens BancShares, Inc. stock $2,531, price $2,274, upside +11.3%, quality 49 out of 100. Rating: undervalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.

6 models, one by oneBear $2,240 to bull $3,532 Growth analysisrevenue history, year by year Quality 49/100 in detail37 factors, each one shown Compared with its peersrank on every measure, side by side

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Financial Services US

Broad data Nov 6, 2026

First Citizens BancShares, Inc.

FCNCA · US

Speculative

The stock costs 10% less than our calculation considers fair.

Fair value $2,531 · Undervalued (10%)

Highly profitable · 25.2% net margin (TTM)

0.1% dividend yield · Low payout

Positive coverage

Broad data

Quality 49/100

Mixed Growth (revenue 5y +49.9 %/yr in USD)

Wide moat 66/100 · thin data

Insiders bought $12.7M (6M) · sold $15.4M

Trails peers (4/15)

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What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.

How to read this chart

60‑month range $502.92 – $2,383 · fair‑value band $2,240 – $3,532 · the $2,274 price screens below the $2,531 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.

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Company profile

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 in the United States and internationally.

Show moreShow less

It operates through the General Bank, Commercial Bank, and Rail segments.

The General Bank segment offers deposit products, including checking, savings, money market, and time deposit accounts; conforming and jumbo residential mortgage, and business and commercial loans; brokerage, investment advisory, private stock loans, other secured and unsecured lending products, and vineyard development loans; planning-based financial strategies, family office, financial planning, tax planning, and trust services; and payment and treasury services.

This segment also includes a community association bank business that supports deposit, cash management, and lending to homeowner associations and property management companies.

Its Commercial Bank segment provides a range of leasing, capital markets, asset management, and other financial and advisory services; factoring, receivable management, supply chain financing, and secured financing services; and commercial deposit products and services through online and mobile banking platforms, as well as physical locations.

The Rail segment offers customized leasing and financing solutions on a fleet of railcars and locomotives to railroads and shippers.

Its railcar types include covered hopper cars used to ship grain and agricultural products, plastic pellets, sand, and cement; tank cars for energy products and chemicals; gondolas for coal, steel coil and mill service products; open-top hopper cars for coal and aggregates; boxcars for paper and auto parts; and centerbeams and flat cars for lumber.

First Citizens BancShares, Inc. was founded in 1898 and is headquartered in Raleigh, North Carolina.

Stock analysis

First Citizens BancShares, Inc. (FCNCA) currently trades at $2,274, while our model-based Fair Value estimate is $2,531, implying the stock looks roughly 10% undervalued today.

Valuation

Bull case: the Multiples group reads highest at a median of $2,747 per share, and 2 of the 6 models we run sit above the $2,274 price.

Bear case: the Dividend Discount group reads lowest at $317.21, and 4 of the 6 models stay below the price. Data coverage for this calculation is high.

Scenario range: $2,240 (bear) to $3,532 (bull), the price of $2,274 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 49/100 (below-average quality), in the Financial Services sector.

Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.

First Citizens BancShares, Inc. reported revenue of $14.5B in FY2025 versus $1.9B in FY2021, a compound +66.2%/yr. Reported net income was $2.2B in FY2025, compounding +41.7%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.

Key figures

Market cap $26.2B Large · P/E ratio 12.1 · P/S ratio 2.77 · EPS (TTM) $194.68 · Dividend yield 0.1% · Net margin 25.2% · Return on equity 11.0% · Return on assets (EBIT) 2.2% (5-year average).

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 66 out of 100 (low confidence).

What moves the price

The share trades about 5% below its 52-week high and 29% above its 52-week low, currently above its 200-day average.

For context, the median of 10 Financial Services peers we cover trades at −28% fair-value upside, at 11%, FCNCA screens cheaper than that median.

Fair Value models

Bear $2,240 Fair Value $2,531 Bull $3,532

Price $2,274 · Upside +11.3%

Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($164.62 per share) are deliberately not added. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.

Best data coverage

Residual Income $1,971 $2,226 $3,107 76

DDM Multi-Stage $156.77 $283.23 $364.55 66

Gordon GGM $156.77 $351.18 $611.12 65

All 6 models by family

Dividend Discount

Gordon GGM $156.77 $351.18 $611.12 65

DDM Multi-Stage $156.77 $283.23 $364.55 66

Multiples

P/E Multiple $2,128 $2,838 $3,547 63

P/B Multiple $1,992 $2,656 $3,320 55

Asset-Based

NCAV (Graham) $1,073 $1,438 $2,147 54

Economic Profit

Residual Income $1,971 $2,226 $3,107 76

Open the full fair value analysis →

Quality Score breakdown

Overall quality 49/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 28

How much profit the company makes from its sales and capital

Quality Growth 36

Are margins and returns getting better?

Cashflow 63

Do the profits arrive as real cash?

Financial strength 30

Debt, balance sheet and risk of trouble

Investment 26

Does it invest with discipline instead of growing at any price?

Low Volatility 83

How calm the share price moves, does not count

Price momentum 54

Price momentum of the last 3 to 12 months, does not count

Near the 52-week high 73

Distance to the 52-week high, does not count

New shares 100

Buys back shares or issues new ones?

Open the full quality analysis →

Insider trades

In the last 6 months, 2 officers or directors bought shares worth $12.7M, most recently on Aug 19, 2026. Over the same period, 2 people sold shares worth $15.4M. Buying cluster

BuyDiane E. MoraisDirector50 shares at $2,168$108,405Aug 19, 2026
BuyHOLDING FRANK B JRChairman and CEO, Director, 10% owner8× since Nov 26, 2025: 7,572 shares, avg. $1,740$13.2MJun 5, 2026
SaleEllen R AlemanyDirector2,520 shares at $2,047$5.2MJun 4, 2026
SaleHOLDING FRANK B JRChairman and CEO, Director, 10% owner5,346 shares at $1,919$10.3MMay 12, 2026
BuyRalph Mattox Snow IIIDirector11 shares at $1,944$21,386Mar 5, 2026

Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.

Source: SEC Form 4, as of Nov 6, 2026. All filings at the SEC ↗

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 89/100

Revenue is growing, but margins or cash flow do not fully confirm the trend.

Revenue growth 1 year

−3.0%

Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.

+41.7%

Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.

+49.9%

Start year 2020 (pandemic). Over 10 years: +27.2% a year

Revenue growth 35 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.

+10.6%

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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: adjusted.

+30.1%

Earnings growth per share plus dividend.

Earnings per share, growth per year+30.0%

Dividend (yield on the price)0.1%

Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.29.5% vs 26.1%, picking up

Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.32% → 21%

Pace: the 5-year rate starts in 2020 (pandemic)

Watch FCNCA, get fair value alerts →

Recent news

News mood ⓘNews mood, the average tone of recent news (99 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation. Positive

Recent news coverage is more positive than average.

Earnings Estimates Moving Higher for First Citizens (FCNCA): Time to Buy? Yahoo Finance · Nov 3, 2026
First Citizens Bank Opens New Banking Office and Branch in Downtown Santa Monica Yahoo Finance · Oct 28, 2026
First Citizens BancShares, Inc. 5.625 NONCM SR C declares $0.3516 dividend Seeking Alpha · Oct 26, 2026
First Citizens BancShares declares $2.25 dividend Seeking Alpha · Oct 26, 2026

Note from the team Oct 11, 2026

AI conclusion: The regional bank gains scale and stability for its technology and healthcare clients through integration with the larger parent but shows only limited public signals of durable competitive advantage.

Main risk: The rebrand of the Silicon Valley Bank technology and healthcare division risks diluting the specialized identity that originally attracted clients.

First Citizens recently launched First Citizens Innovation Banking as the new name for its Silicon Valley Bank technology and healthcare division. The change pairs the division's long-standing expertise with the larger bank's scale and stability to serve innovators and investors. Does the rebrand strengthen the offering through greater resources or dilute the specialized identity that attracted clients in the first place?

Join the discussion →

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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 998 stocks

Beats the industry median on 4/15 measures

Overall it trails its industry peers.

Valuation

Quality Score 49 · Below median

Fair Value upside +11.3% · Top 25%

Profitability

Return on equity (12 months) 11.0% · Above median

Return on assets 1.0% · Below median

Net margin (12 months) 25.2% · Below median

Operating margin (12 months) 37.3% · Below median

Growth and dividend

Revenue growth (quarter YoY) 6.9% · Below median

Dividend yield (12 months) 0.1% · Bottom 25%

Balance sheet

Debt / equity 1.61× · Highest 25%

Valuation Multiplesvs Banks - Regional median · lower = cheaper

P/E (12 months) 12.1× · Pricier than median

P/B 1.18× · Pricier than median

P/S (12 months) 2.77× · Cheaper than median

Price / free cash flow (fiscal year) 12.7× · Pricier than median

EV/EBITDA 12.2× · Pricier than median

PEG 1.12× · Cheaper than median

Strength profile in five axes (Snowflake)

This stock

Sector peers

VALUE (fair-value potential)48 · sector 8

FUTURE (revenue growth)35 · sector 47

PAST (return on equity)44 · sector 43

HEALTH (low debt)20 · sector 85

DIVIDEND (yield)2 · sector 53

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Banks - Regional stocks, each showing price versus our Fair Value estimate.

Stock	Price	Fair Value	vs Fair Value	Compare
Postal Savings Bank of China Co 601658	¥5.53	¥7.59	+37%	vs FCNCA
China Merchants Bank Co 600036	¥42.88	¥52.73	+23%	vs FCNCA
BNP Paribas SA BNP	€91.93	€106.01	+15%	vs FCNCA
Intesa Sanpaolo S.p.A ISP	€6.18	€4.49	−27%	vs FCNCA
State Bank of India SBIN	₹1,019	₹736.65	−28%	vs FCNCA
UniCredit S.p.A UCG	€76.80	€50.44	−34%	vs FCNCA
Mizuho Financial Group MFG	$9.40	$5.90	−37%	vs FCNCA
DBS Group D05	69.72 SGD	40.39 SGD	−42%	vs FCNCA
HDFC Bank Limited HDFCBANK	₹788.25	₹406.39	−48%	vs FCNCA
ICICI Bank Limited ICICIBANK	₹1,571	₹615.63	−61%	vs FCNCA

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Frequently asked questions

Is First Citizens BancShares, Inc. (FCNCA) overvalued or undervalued?

As of Nov 6, 2026, our model estimates a fair value of $2,531 versus a price of $2,274, about +11% upside (undervalued).

What is the fair value of FCNCA?

Our model-based fair value for First Citizens BancShares, Inc. is $2,531 (as of Nov 6, 2026), built from audited fundamentals. The current price: $2,274.

What is the quality score of FCNCA?

First Citizens BancShares, Inc. has a Quality Score of 49/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.

What is the price target for First Citizens BancShares, Inc. (FCNCA)?

Our model-based price target is the fair value of $2,531 (as of Nov 6, 2026) from 6 valuation models. Cautious scenario $2,240, optimistic scenario $3,532. It is a calculation from audited fundamentals, not an analyst target.

What is the First Citizens BancShares, Inc. stock forecast for 2026?

Our models put fair value at $2,531, about +11% upside versus a price of $2,274 (undervalued). Cautious scenario $2,240, optimistic scenario $3,532. The calculation is refreshed regularly with new filings.

What is the revenue of First Citizens BancShares, Inc. (FCNCA)?

First Citizens BancShares, Inc. reported trailing-twelve-month revenue of about $9.5B (latest available figure, as of Nov 6, 2026).

Does First Citizens BancShares, Inc. pay a dividend?

First Citizens BancShares, Inc. currently shows a dividend yield of 0.09% relative to its recent price (as of Nov 6, 2026).

How much is the dividend of First Citizens BancShares, Inc. (FCNCA) and when is the ex-dividend date?

First Citizens BancShares, Inc. pays a dividend of $2.10 per share a year, a dividend yield of 0.1%. The next ex-dividend date is Nov 30, 2026. A dividend has been paid every year since at least 1986. The payout ratio is 1.1% of earnings. Our assessment: Low payout. A low payout ratio: the dividend takes at most 60 % of earnings. Whether free cash flow covers it as well, we cannot see for this company.

What is the intrinsic value of First Citizens BancShares, Inc. (FCNCA)?

Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For First Citizens BancShares, Inc. it is $2,531 per share (as of Nov 6, 2026), against a price of $2,274. It is the blended result of 6 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).

Is First Citizens BancShares, Inc. stock overvalued or undervalued in 2026?

As of Nov 6, 2026, FCNCA trades below its calculated fair value: price $2,274, fair value $2,531, a gap of about +11% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.

Is fair value the same as the market price of FCNCA?

No. The price is what the market pays today ($2,274); the fair value is what the company's own numbers justify ($2,531). For First Citizens BancShares, Inc. the two are $256.93 per share apart. That gap is exactly why we show both numbers side by side.

How much is First Citizens BancShares, Inc. worth?

The market values First Citizens BancShares, Inc. at about $26.2B (market capitalisation, as of Nov 6, 2026). Per share that is $2,274; our models calculate a fair value of $2,531 per share.

What do the bullish and bearish scenarios say about FCNCA?

Our models span a range for First Citizens BancShares, Inc.: cautious scenario $2,240, base $2,531, optimistic $3,532 per share (as of Nov 6, 2026, price $2,274). The range comes from different growth and margin assumptions, not from analyst opinions.

What is the P/E ratio of FCNCA?

First Citizens BancShares, Inc. trades at a price-to-earnings ratio of 12.1 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $2,531 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings, 7 of the years ex one-offs: 11.5. Other multiples: PEG 1.1, P/B 1.2, P/S 2.8, EV/EBITDA 12.2.

What is the PEG ratio of FCNCA?

The PEG ratio of First Citizens BancShares, Inc. is 1.12 (P/E divided by earnings growth, as of Nov 6, 2026). That is above 1, so the growth is already paid for in the price.

How solid is the balance sheet of First Citizens BancShares, Inc. (FCNCA)?

Balance-sheet figures for First Citizens BancShares, Inc. (as of Nov 6, 2026): return on equity 11.0%, debt of 1.61 per unit of equity. They feed the Quality Score of 49/100, which measures business quality independently of the share price.

How far is FCNCA from its 52-week high?

First Citizens BancShares, Inc. trades at $2,274, about 5% below its 52-week high of $2,383 and 29% above the low of $1,764 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $2,531 is for.

Which stocks are comparable to First Citizens BancShares, Inc.?

From the same area (Financial Services) we also value China Merchants Bank Co, DBS Group, UniCredit S.p.A, Mizuho Financial Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.

Is First Citizens BancShares, Inc. stock attractive at the current price?

The data as of Nov 6, 2026: price $2,274, calculated fair value $2,531 (+11%), Quality Score 49/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.

How is the fair value of FCNCA calculated?

We run First Citizens BancShares, Inc. through 6 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of $2,531 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.

Is it still worth investing in stocks now?

The global stock market currently sits 13.0% above its aggregate fair value. First Citizens BancShares, Inc. currently trades 10% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.

What is the share price of First Citizens BancShares, Inc. (FCNCA)?

The closing price on Nov 6, 2026 was $2,274. Our model-based fair value is $2,531, about +11% upside (undervalued). We carry closing prices from our data provider, not a live tick.

What should I pay attention to with First Citizens BancShares, Inc. right now?

For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly. The price sits in the lower half of our model range, the side with the larger margin of safety. The data supports the verdict: every model runs on fully documented inputs.

Where does the earnings growth of First Citizens BancShares, Inc. (FCNCA) come from?

Earnings per share at First Citizens BancShares, Inc. grew +42.2 % a year from 2014 to 2025. Broken into its drivers: revenue per share +28.4 %, EBIT margin +7.0 %, tax rate +3.5 %, residual (interest, one-offs) +0.0 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.

Key figures of First Citizens BancShares, Inc.

How large is the market capitalisation of First Citizens BancShares, Inc. (FCNCA)?

The market capitalisation of First Citizens BancShares, Inc. is $26.2B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.

What is the P/S ratio of First Citizens BancShares, Inc. (FCNCA)?

The price-to-sales ratio of First Citizens BancShares, Inc. is 2.77 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.

What are the earnings per share of First Citizens BancShares, Inc. (FCNCA)?

Earnings per share at First Citizens BancShares, Inc. are $194.68 (price ÷ EPS = P/E 12.1). Earnings per share over the last twelve months: total profit spread across every single share.

What is the dividend yield of First Citizens BancShares, Inc. (FCNCA)?

The dividend yield of First Citizens BancShares, Inc. is 0.1% (payout 1.1%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.

What is the net margin of First Citizens BancShares, Inc. (FCNCA)?

The net margin of First Citizens BancShares, Inc. is 25.2% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.

What is the return on equity of First Citizens BancShares, Inc. (FCNCA)?

The return on equity (ROE) of First Citizens BancShares, Inc. is 11.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.

What is the EBIT return on assets of First Citizens BancShares, Inc. (FCNCA)?

On an EBIT basis the return on assets of First Citizens BancShares, Inc. is 2.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.

What is the operating margin of First Citizens BancShares, Inc. (FCNCA)?

The operating margin of First Citizens BancShares, Inc. is 37.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.

How fast is revenue growing at First Citizens BancShares, Inc. (FCNCA)?

Revenue at First Citizens BancShares, Inc. is growing +6.9% versus a year earlier (3y avg +41.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.

How fast are earnings growing at First Citizens BancShares, Inc. (FCNCA)?

Earnings per share at First Citizens BancShares, Inc. are growing +18.9% versus a year earlier. How much earnings per share grew versus a year earlier.

How much free cash flow does First Citizens BancShares, Inc. (FCNCA) generate?

The free cash flow of First Citizens BancShares, Inc. is $2.1B (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.

How much net debt does First Citizens BancShares, Inc. (FCNCA) carry?

The net debt of First Citizens BancShares, Inc. is $15.4B (fiscal year 2025, ≈ 7.4 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.

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