# First Citizens BancShares Inc. (FCNCA) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Financial Services / Banks. Price $2208.49, market value $24.9 billion.

## Valuation
- **P/E (trailing): 11.8×** (5-yr avg 10.4×, 3-yr avg 8.6×). First Citizens BancShares Inc. trades at 11.8× trailing earnings, close to its own five-year average of 10.4×. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 11.2×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 2.6×**. Each dollar of revenue is priced at 2.6×.
- **Price / book: 1.2×**. The shares trade at 1.2× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 9.9%** (5-yr avg 9.1%). Free cash flow equals 9.9% of the market value, in line with its five-year average of 9.1%. Above 5% is generally attractive.
- **Earnings yield: 8.4%**. The inverse of the P/E: 8.4% of the price is earned each year.

## Profitability
- **Net margin: 23.1%**. 23.1% of each dollar of sales reaches the bottom line.
- **Return on equity: 9.9%**. 9.9% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: 1.0%**. Each dollar of assets produces 1.0% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): -2.2%** (3-yr 23.4%/yr). Revenue fell 2.2% over the last year.
- **EPS growth (1 yr): -12.8%** (3-yr 34.8%/yr, 5-yr 28.3%/yr). Earnings per share fell 12.8%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -5.7%/yr**. Free cash flow has compounded at -5.7% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 0.38%** ($8.25 per share, trailing). First Citizens BancShares Inc. yields 0.38%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 7%** (8% of free cash flow). 7% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 26**. 26 straight years of increases (the data covers 26 years, so this may be longer): a record very few companies hold.
- **Dividend growth (5 yr): 36.6%/yr** (1-yr 15.7%). The dividend has compounded at 36.6% a year over five years, doubling roughly every 2 years at that pace.

## Analyst view
- **Analyst consensus: hold** (12 analysts). 12 analysts cover First Citizens BancShares Inc.; the consensus is hold, with an average price target of $2342.67 (+6% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 10.2%** (YTD 3.1%, 3-mo 6.4%). The shares are up 10.2% over twelve months including dividends.
- **From 52-week high: -3.8%** (36.0% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 54**. An RSI of 54 is neutral.
- **Beta (1 yr): 0.61** (volatility 28%). Beta of 0.61 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=FCNCA · Page: https://foliofundamentals.com/stocks/fcnca

Not investment advice.