First Citizens BancShares (FCNCA) Stock Forecast, Price Target & Predictions
FCNCA Stock Forecast
First Citizens BancShares stock forecast is as follows: an average price target of $1.83K (represents a 0.04% upside from FCNCA’s last price of $1.83K) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.
FCNCA Price Target
The average price target for First Citizens BancShares (FCNCA) is $1.83K based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $1.95K to $1.65K. This represents a potential 0.04% upside from FCNCA's last price of $1.83K.
FCNCA Analyst Ratings
According to 9 Wall Street analysts, First Citizens BancShares's rating consensus is 'Buy'. The analyst rating breakdown for FCNCA stock is 0 'Strong Buy' (0.00%), 8 'Buy' (88.89%), 1 'Hold' (11.11%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
First Citizens BancShares Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 02, 2024 | David Long | Raymond James | $1.90K | $1.70K | 11.93% | 3.67% |
| Apr 26, 2024 | Stephen Scouten | Piper Sandler | $1.95K | $1.80K | 8.31% | 6.40% |
| Apr 15, 2024 | Kevin Fitzsimmons | D.A. Davidson | $1.65K | $1.57K | 5.15% | -9.97% |
| Apr 11, 2024 | Jason Goldberg | Barclays | $1.85K | $1.61K | 15.08% | 0.95% |
| Mar 21, 2024 | Ryan Nash | Goldman Sachs | $1.95K | $1.61K | 20.85% | 6.40% |
| Oct 05, 2023 | David Chiaverini | Wedbush | $1.70K | $1.35K | 25.95% | -7.24% |
The latest First Citizens BancShares stock forecast, released on Jul 02, 2024 by David Long from Raymond James, set a price target of $1.90K, which represents a 11.93% increase from the stock price at the time of the forecast ($1.70K), and a 3.67% increase from FCNCA last price ($1.83K).
First Citizens BancShares Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 6 |
| Avg Price Target | - | $1.90K | $1.83K |
| Last Closing Price | $1.83K | $1.83K | $1.83K |
| Upside/Downside | -100.00% | 3.67% | 0.04% |
In the current month, the average price target of First Citizens BancShares stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to First Citizens BancShares's last price of $1.83K. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 29, 2024 | Citigroup | Overweight | Overweight | Hold |
| Jul 26, 2024 | Keefe, Bruyette & Woods | Outperform | Outperform | Hold |
| Jul 26, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Jul 09, 2024 | Jefferies | - | Buy | Initialise |
| Jul 02, 2024 | Raymond James | - | Outperform | Upgrade |
| Apr 26, 2024 | Citigroup | Equal-Weight | Equal-Weight | Hold |
| Apr 26, 2024 | Piper Sandler | - | Neutral | Downgrade |
| Apr 15, 2024 | Wedbush | Buy | Buy | Hold |
| Apr 15, 2024 | Citigroup | Underperform | Underperform | Hold |
| Apr 15, 2024 | Citigroup | Neutral | Neutral | Hold |
First Citizens BancShares's last stock rating was published by Citigroup on Jul 29, 2024. The company gave FCNCA a "Overweight" rating, the same as its previous rate.
First Citizens BancShares Financial Forecast
First Citizens BancShares Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Sep 11 | Dec 10 | Sep 10 | Jun 10 | Mar 10 | Dec 09 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.54B | - | $1.26B | $1.21B | $294.00M | - | $328.00M | $455.62M | $454.23M | $466.12M | $462.63M | $293.14M | $280.08M | $279.91M | $257.48M | $226.99M | $225.20M |
| Avg Forecast | $10.67B | $9.61B | $8.66B | $7.81B | $2.42B | $2.41B | $2.40B | $2.38B | $2.28B | $2.31B | $2.26B | $2.28B | $2.36B | $2.35B | $2.33B | $1.15B | $1.11B | $1.03B | $959.35M | $921.96M | $457.80M | $454.43M | $455.10M | $464.25M | $343.89M | $320.71M | $293.58M | $231.37M | $276.65M | $230.32M |
| High Forecast | $11.07B | $9.98B | $8.99B | $8.10B | $2.51B | $2.50B | $2.49B | $2.47B | $2.37B | $2.45B | $2.34B | $2.37B | $2.47B | $2.48B | $2.42B | $1.20B | $1.15B | $1.06B | $959.35M | $974.08M | $483.68M | $480.12M | $480.82M | $490.49M | $412.67M | $384.85M | $352.29M | $277.64M | $331.98M | $276.39M |
| Low Forecast | $10.17B | $9.16B | $8.26B | $7.44B | $2.30B | $2.30B | $2.28B | $2.27B | $2.17B | $2.21B | $2.15B | $2.18B | $2.29B | $2.25B | $2.22B | $1.10B | $1.06B | $977.60M | $959.35M | $892.39M | $443.11M | $439.86M | $440.50M | $449.36M | $275.11M | $256.57M | $234.86M | $185.09M | $221.32M | $184.26M |
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 5 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 11 | 17 | 13 | 11 | 12 | 14 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | - | 1.09% | 1.09% | 0.29% | - | 0.36% | 1.00% | 1.00% | 1.02% | 1.00% | 0.85% | 0.87% | 0.95% | 1.11% | 0.82% | 0.98% |
First Citizens BancShares's average Quarter revenue forecast for Dec 23 based on 5 analysts is $2.36B, with a low forecast of $2.29B, and a high forecast of $2.47B. FCNCA's average Quarter revenue forecast represents a -7.05% decrease compared to the company's last Quarter revenue of $2.54B (Sep 23).
First Citizens BancShares EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Sep 11 | Dec 10 | Sep 10 | Jun 10 | Mar 10 | Dec 09 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 5 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 11 | 17 | 13 | 11 | 12 | 14 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.11B | - | $233.00M | $1.75B | $635.00M | - | $405.00M | $203.68M | $204.53M | $245.61M | $240.68M | $185.07M | $105.26M | $109.70M | $113.04M | $241.29M | $94.34M |
| Avg Forecast | $4.46B | $4.02B | $3.62B | $3.26B | $1.01B | $1.01B | $1.00B | $995.75M | $952.95M | $963.82M | $942.74M | $385.34M | $986.29M | $983.56M | $973.05M | $350.31M | $462.91M | $211.46M | $400.94M | $318.47M | $181.11M | $192.24M | $205.03M | $188.47M | $165.75M | $120.57M | $115.19M | $100.17M | $164.58M | $96.97M |
| High Forecast | $4.63B | $4.17B | $3.76B | $3.39B | $1.05B | $1.04B | $1.04B | $1.03B | $989.39M | $1.03B | $978.79M | $462.41M | $1.03B | $1.04B | $1.01B | $420.38M | $480.61M | $253.75M | $400.94M | $382.16M | $217.33M | $230.68M | $246.03M | $226.17M | $198.90M | $144.68M | $138.23M | $120.21M | $197.50M | $116.36M |
| Low Forecast | $4.25B | $3.83B | $3.45B | $3.11B | $963.21M | $959.49M | $954.33M | $949.26M | $908.47M | $922.80M | $898.73M | $308.28M | $957.03M | $941.82M | $927.62M | $280.25M | $441.30M | $169.17M | $400.94M | $254.77M | $144.89M | $153.79M | $164.02M | $150.78M | $132.60M | $96.45M | $92.15M | $80.14M | $131.67M | $77.57M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.13% | - | 0.67% | 3.77% | 3.00% | - | 1.27% | 1.12% | 1.06% | 1.20% | 1.28% | 1.12% | 0.87% | 0.95% | 1.13% | 1.47% | 0.97% |
5 analysts predict FCNCA's average Quarter EBITDA for Dec 23 to be $986.29M, with a high of $1.03B and a low of $957.03M. This is -11.07% lower than First Citizens BancShares's previous annual EBITDA (Sep 23) of $1.11B.
First Citizens BancShares Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Sep 11 | Dec 10 | Sep 10 | Jun 10 | Mar 10 | Dec 09 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 5 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 11 | 17 | 13 | 11 | 12 | 14 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $752.00M | - | $9.52B | $257.00M | $315.00M | - | $271.00M | $123.28M | $124.07M | $152.79M | $147.32M | $81.94M | $30.09M | $27.75M | $28.60M | $107.61M | $19.00M |
| Avg Forecast | $842.56M | $829.48M | $789.51M | $750.85M | $769.12M | $737.95M | $702.06M | $678.74M | $691.46M | $695.78M | $647.70M | $251.19M | $706.00M | $709.76M | $667.42M | $228.35M | $334.04M | $128.28M | $247.45M | $207.59M | $109.62M | $116.62M | $127.54M | $115.36M | $73.38M | $34.46M | $29.13M | $25.35M | $73.40M | $19.53M |
| High Forecast | $884.44M | $870.71M | $828.76M | $788.17M | $807.35M | $774.63M | $736.96M | $712.47M | $725.82M | $742.61M | $679.89M | $301.43M | $756.81M | $782.89M | $700.60M | $274.02M | $350.64M | $153.93M | $247.45M | $249.11M | $131.55M | $139.94M | $153.05M | $138.43M | $88.06M | $41.35M | $34.96M | $30.42M | $88.08M | $23.43M |
| Low Forecast | $791.43M | $779.14M | $741.60M | $705.28M | $722.44M | $693.17M | $659.46M | $637.54M | $649.49M | $658.58M | $608.39M | $200.95M | $661.30M | $616.78M | $626.92M | $182.68M | $313.77M | $102.62M | $247.45M | $166.07M | $87.70M | $93.29M | $102.03M | $92.29M | $58.70M | $27.57M | $23.31M | $20.28M | $58.72M | $15.62M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | - | 41.68% | 0.77% | 2.46% | - | 1.31% | 1.12% | 1.06% | 1.20% | 1.28% | 1.12% | 0.87% | 0.95% | 1.13% | 1.47% | 0.97% |
First Citizens BancShares's average Quarter net income forecast for Dec 23 is $706.00M, with a range of $661.30M to $756.81M. FCNCA's average Quarter net income forecast represents a -6.12% decrease compared to the company's last Quarter net income of $752.00M (Sep 23).
First Citizens BancShares SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Sep 11 | Dec 10 | Sep 10 | Jun 10 | Mar 10 | Dec 09 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 5 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 11 | 17 | 13 | 11 | 12 | 14 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $839.00M | - | $509.00M | $425.00M | $423.00M | - | $407.00M | $197.13M | $196.75M | $192.32M | $186.77M | $97.80M | $98.49M | $66.11M | $96.92M | $94.53M | $90.72M |
| Avg Forecast | $3.99B | $3.60B | $3.24B | $2.92B | $904.23M | $900.74M | $895.89M | $891.13M | $852.83M | $862.56M | $843.70M | $853.55M | $882.67M | $880.23M | $870.82M | $431.16M | $414.28M | $203.42M | $358.82M | $344.83M | $175.29M | $184.93M | $160.54M | $146.26M | $87.59M | $112.81M | $69.42M | $85.89M | $64.48M | $93.24M |
| High Forecast | $4.14B | $3.73B | $3.36B | $3.03B | $938.80M | $935.18M | $930.14M | $925.20M | $885.44M | $917.61M | $875.95M | $886.19M | $923.81M | $928.74M | $904.11M | $447.65M | $430.11M | $244.11M | $358.82M | $364.32M | $210.35M | $221.91M | $192.65M | $175.51M | $105.10M | $135.38M | $83.30M | $103.07M | $77.37M | $111.89M |
| Low Forecast | $3.80B | $3.43B | $3.09B | $2.78B | $862.02M | $858.69M | $854.06M | $849.53M | $813.02M | $825.85M | $804.31M | $813.71M | $856.49M | $842.87M | $830.17M | $411.03M | $394.94M | $162.74M | $358.82M | $333.77M | $140.23M | $147.94M | $128.43M | $117.01M | $70.07M | $90.25M | $55.54M | $68.71M | $51.58M | $74.59M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | - | 1.18% | 1.03% | 2.08% | - | 1.18% | 1.12% | 1.06% | 1.20% | 1.28% | 1.12% | 0.87% | 0.95% | 1.13% | 1.47% | 0.97% |
First Citizens BancShares's average Quarter SG&A projection for Dec 23 is $882.67M, based on 5 Wall Street analysts, with a range of $856.49M to $923.81M. The forecast indicates a 5.20% rise compared to FCNCA last annual SG&A of $839.00M (Sep 23).
First Citizens BancShares EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Sep 11 | Dec 10 | Sep 10 | Jun 10 | Mar 10 | Dec 09 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 5 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 11 | 17 | 13 | 11 | 12 | 14 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $50.71 | - | $654.22 | $-21.60 | $19.27 | - | $16.70 | $12.56 | $12.17 | $15.09 | $14.53 | $7.91 | $2.89 | $2.66 | $2.74 | $10.31 | $1.83 |
| Avg Forecast | $57.97 | $57.07 | $54.32 | $51.66 | $52.92 | $50.77 | $48.30 | $46.70 | $47.57 | $47.87 | $44.56 | $43.80 | $48.57 | $48.83 | $45.92 | $22.29 | $22.98 | $19.65 | $17.02 | $8.53 | $10.95 | $11.57 | $11.97 | $11.94 | $2.23 | $3.86 | $2.94 | $2.18 | $1.18 | $1.85 |
| High Forecast | $60.85 | $59.91 | $57.02 | $54.23 | $55.55 | $53.30 | $50.70 | $49.02 | $49.94 | $51.09 | $46.78 | $45.98 | $52.07 | $53.86 | $48.20 | $23.40 | $24.12 | $20.62 | $17.02 | $9.15 | $11.75 | $12.42 | $12.85 | $12.81 | $2.68 | $4.63 | $3.53 | $2.62 | $1.42 | $2.22 |
| Low Forecast | $54.45 | $53.61 | $51.02 | $48.52 | $49.71 | $47.69 | $45.37 | $43.86 | $44.69 | $45.31 | $41.86 | $41.14 | $45.50 | $42.44 | $43.13 | $20.94 | $21.59 | $18.46 | $17.02 | $8.17 | $10.49 | $11.09 | $11.48 | $11.44 | $1.78 | $3.09 | $2.35 | $1.74 | $0.94 | $1.48 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | - | 29.35% | -0.94% | 0.98% | - | 1.96% | 1.15% | 1.05% | 1.26% | 1.22% | 3.55% | 0.75% | 0.90% | 1.26% | 8.74% | 0.99% |
According to 5 Wall Street analysts, First Citizens BancShares's projected average Quarter EPS for Dec 23 is $48.57, with a low estimate of $45.50 and a high estimate of $52.07. This represents a -4.21% decrease compared to FCNCA previous annual EPS of $50.71 (Sep 23).
First Citizens BancShares Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| PACW | PacWest Bancorp | $7.54 | $34.50 | 357.56% | Hold |
| TFC | Truist Financial | $41.84 | $54.07 | 29.23% | Buy |
| CMA | Comerica | $57.49 | $73.42 | 27.71% | Buy |
| ZION | Zions Bancorporation, National Association | $46.49 | $58.00 | 24.76% | Hold |
| USB | U.S. Bancorp | $44.62 | $54.98 | 23.22% | Buy |
| KEY | KeyCorp | $16.09 | $19.63 | 22.00% | Buy |
| CFG | Citizens Financial Group | $40.09 | $48.33 | 20.55% | Buy |
| FHN | First Horizon | $15.81 | $18.61 | 17.71% | Buy |
| HBAN | Huntington Bancshares | $14.38 | $16.04 | 11.54% | Buy |
| WAL | Western Alliance Ban | $81.91 | $86.75 | 5.91% | Buy |
| FCNCA | First Citizens BancShares | $1.83K | $1.83K | 0.04% | Buy |
| FITB | Fifth Third Bancorp | $42.07 | $38.67 | -8.08% | Buy |
FCNCA Forecast FAQ
Is First Citizens BancShares a good buy?
Yes, according to 9 Wall Street analysts, First Citizens BancShares (FCNCA) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 88.89% of FCNCA's total ratings.
What is FCNCA's price target?
First Citizens BancShares (FCNCA) average price target is $1.83K with a range of $1.65K to $1.95K, implying a 0.04% from its last price of $1.83K. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will First Citizens BancShares stock go up soon?
According to Wall Street analysts' prediction for FCNCA stock, the company can go up by 0.04% (from the last price of $1.83K to the average price target of $1.83K), up by 6.40% based on the highest stock price target, and down by -9.97% based on the lowest stock price target.
Can First Citizens BancShares stock reach $3K?
FCNCA's average twelve months analyst stock price target of $1.83K does not support the claim that First Citizens BancShares can reach $3K in the near future.
What are First Citizens BancShares's analysts' financial forecasts?
First Citizens BancShares's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $9.6B (high $9.97B, low $9.16B), average EBITDA is $4.01B (high $4.17B, low $3.83B), average net income is $2.89B (high $3.03B, low $2.71B), average SG&A $3.59B (high $3.73B, low $3.42B), and average EPS is $198.69 (high $208.57, low $186.63). FCNCA's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $36.75B (high $38.15B, low $35.03B), average EBITDA is $15.36B (high $15.94B, low $14.64B), average net income is $3.21B (high $3.37B, low $3.02B), average SG&A $13.74B (high $14.27B, low $13.1B), and average EPS is $221.02 (high $232.01, low $207.61).
Did the FCNCA's actual financial results beat the analysts' financial forecasts?
Based on First Citizens BancShares's last annual report (Dec 2023), the company's revenue was $10.39B, beating the average analysts forecast of $8.19B by 26.81%. Apple's EBITDA was $971M, missing the average prediction of $3.29B by -70.52%. The company's net income was $11.47B, beating the average estimation of $2.31B by 396.03%. Apple's SG&A was $175M, missing the average forecast of $3.06B by -94.29%. Lastly, the company's EPS was $0.0008, missing the average prediction of $165.62 by -100.00%. In terms of the last quarterly report (Sep 2023), First Citizens BancShares's revenue was $2.54B, beating the average analysts' forecast of $2.35B by 7.89%. The company's EBITDA was $1.11B, beating the average prediction of $983.56M by 12.75%. First Citizens BancShares's net income was $752M, beating the average estimation of $709.76M by 5.95%. The company's SG&A was $839M, missing the average forecast of $880.23M by -4.68%. Lastly, the company's EPS was $50.71, beating the average prediction of $48.83 by 3.84%