First Citizens BancShares, Inc. Class A (FCNCA)

First Citizens BancShares (FCNCA) stock has been impacted by earnings reports, which highlighted loan and deposit growth, resilient credit quality, and strong return metrics. The company has been actively repurchasing its Class A common stock, with repurchases totaling 2,842,948 shares for $5.59 billion from the inception of its 2024 Share Repurchase Plan through March 31, 2026. The company declared dividends, including a dividend of $2.10 per share on its Class A and Class B common stock in the first quarter of 2026. BancShares issued Series E perpetual preferred stock for an aggregate amount of $400 million during the first quarter of 2026. The company prepaid $2.5 billion of the Purchase Money Note in both the fourth quarter of 2025 and the first quarter of 2026. FCNCA's stock price has risen by 9.18% over the last six months, with a share price of $1,954.45 as of May 4, 2026.

There is some indication of demand seasonality for First Citizens BancShares' products and services. The General Bank segment experienced declines in deposits, mostly related to seasonal tax outflows, in the second quarter of 2025.

First Citizens BancShares, Inc. (FCNCA) is a financial holding company based in Raleigh, North Carolina, operating through its subsidiary, First-Citizens Bank & Trust Company. It is one of the largest banks in the U.S. with over $225 billion in assets, offering retail and commercial banking services. The General Bank segment provides deposit products, mortgages, business loans, brokerage, investment advisory, and wealth management services. The Commercial Bank segment offers lending, leasing, capital markets, and asset management services to various industries. The Silicon Valley Bank (SVB) Commercial segment caters to innovation markets and private equity firms, following the acquisition of Silicon Valley Bridge Bank, N.A. in 2023. The Rail segment provides leasing and financing solutions for railcars and locomotives.

First Citizens BancShares has a significant geographic footprint across the United States and a presence in Canada. First Citizens Bank operates over 500 branches in 23 states, including North Carolina, South Carolina, California, Texas, New York, and Florida. The acquisition of Silicon Valley Bank in 2023 expanded its reach, particularly in innovation markets.

First Citizens BancShares has maintained a strong brand reputation, debuting on the Fortune 500 list in 2024 and 2025. The company maintained its Greenwich Excellence and Best Brand award status for 2023, being recognized as a leader in middle market and small business banking. First Citizens was named to Forbes' America's Best Companies 2026 list. The company was included in Forbes' inaugural Most Trusted Companies in America list, ranking 42nd. Hope Bryant was named among The Most Powerful Women in Banking in 2025. First Citizens was recognized as the number one bank in North Carolina and South Carolina in GoBankingRates' annual ranking of America's Best Banks. In 2024, First Citizens was named by American Banker as the top-performing large bank among those with at least $50 billion in assets.

First Citizens BancShares (FCNCA) has a diverse ownership structure, with significant holdings by both institutional and individual investors. Major institutional owners include BlackRock, Inc., Harris Associates L.P., and The Vanguard Group Inc. Major individual owners (insiders) include Frank B. Holding, Olivia Britton Holding, and Ella Ann L. Holding. The Holding family has led the bank for three generations.