FCNCA

In the past six months (March 24, 2026, to September 24, 2026), First Citizens BancShares' stock gained approximately 10% since April 30, 2026, following robust financial results. Key events include: First Citizens BancShares reported strong Q1 2026 earnings with loan and deposit growth, resilient credit quality, and strong return metrics, repurchasing 449,845 shares for $900 million and paying a $2.10 dividend. The company announced strong Q2 2026 financial results, surpassing analyst expectations with adjusted EPS of $57.09 and revenue of $2.24 billion, repurchasing $600 million of Class A common stock and prepaying $2.5 billion of the Purchase Money Note. Despite strong Q2 results, some analysts downgraded the stock to 'hold' in July 2026 due to mixed asset quality and valuation concerns, anticipating future declines in revenue and net income. The company declared quarterly dividends, including one paid on September 15, 2026, at $2.10 per share. An agreement to acquire 138 branches from BMO Bank N.A. is expected to close in Q3 2026.