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 $1.91K (represents a -11.78% downside from FCNCA’s last price of $2.16K) 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 $1.91K based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $2.15K to $1.65K. This represents a potential -11.78% downside from FCNCA's last price of $2.16K.
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%), 7 'Buy' (77.78%), 2 'Hold' (22.22%), 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 |
|---|---|---|---|---|---|---|
| Sep 24, 2024 | David Chiaverini | Wedbush | $2.15K | $1.96K | 9.92% | -0.60% |
| Jul 02, 2024 | David Long | Raymond James | $1.90K | $1.70K | 11.93% | -12.16% |
| Apr 26, 2024 | Stephen Scouten | Piper Sandler | $1.95K | $1.80K | 8.31% | -9.85% |
| Apr 15, 2024 | Kevin Fitzsimmons | D.A. Davidson | $1.65K | $1.57K | 5.15% | -23.72% |
| Apr 11, 2024 | Jason Goldberg | Barclays | $1.85K | $1.61K | 15.08% | -14.47% |
| Mar 21, 2024 | Ryan Nash | Goldman Sachs | $1.95K | $1.61K | 20.85% | -9.85% |
| Oct 05, 2023 | David Chiaverini | Wedbush | $1.70K | $1.35K | 25.95% | -21.41% |
The latest First Citizens BancShares stock forecast, released on Sep 24, 2024 by David Chiaverini from Wedbush, set a price target of $2.15K, which represents a 9.92% increase from the stock price at the time of the forecast ($1.96K), and a -0.60% decrease from FCNCA last price ($2.16K).
First Citizens BancShares Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 6 |
| Avg Price Target | - | $2.15K | $1.91K |
| Last Closing Price | $2.16K | $2.16K | $2.16K |
| Upside/Downside | -100.00% | -0.60% | -11.78% |
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 $2.16K. 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 |
|---|---|---|---|---|
| Oct 09, 2024 | Citigroup | Overweight | Overweight | Hold |
| Sep 24, 2024 | Citigroup | Underperform | Underperform | Hold |
| Sep 24, 2024 | Wedbush | Buy | Neutral | Downgrade |
| 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 |
First Citizens BancShares's last stock rating was published by Citigroup on Oct 09, 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Sep 11 | Mar 10 | Dec 09 | Jun 99 | Mar 95 | Sep 94 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.54B | - | $1.26B | $1.21B | $294.00M | $341.00M | $328.00M | $455.62M | $454.23M | $466.12M | $462.63M | $293.14M | $226.99M | $225.20M | - | - | - |
| Avg Forecast | $2.32B | $2.31B | $2.28B | $2.25B | $2.29B | $2.26B | $2.25B | $2.24B | $2.18B | $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 | $276.65M | $230.32M | $121.10M | $97.36M | $79.40M |
| High Forecast | $2.43B | $2.41B | $2.38B | $2.36B | $2.39B | $2.37B | $2.35B | $2.35B | $2.28B | $2.31B | $2.26B | $2.28B | $2.47B | $2.48B | $2.43B | $1.21B | $1.16B | $1.03B | $959.35M | $921.96M | $457.80M | $454.43M | $455.10M | $464.25M | $412.67M | $331.98M | $276.39M | $145.32M | $116.83M | $95.28M |
| Low Forecast | $2.25B | $2.23B | $2.20B | $2.18B | $2.21B | $2.19B | $2.17B | $2.19B | $2.12B | $2.31B | $2.26B | $2.28B | $2.29B | $2.25B | $2.25B | $1.12B | $1.07B | $1.03B | $959.35M | $921.96M | $457.80M | $454.43M | $455.10M | $464.25M | $275.11M | $221.32M | $184.26M | $96.88M | $77.89M | $63.52M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 4 | 4 | 5 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 11 | 12 | 14 | 18 | 8 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | - | 1.09% | 1.09% | 0.29% | 0.36% | 0.36% | 1.00% | 1.00% | 1.02% | 1.00% | 0.85% | 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Sep 11 | Mar 10 | Dec 09 | Jun 99 | Mar 95 | Sep 94 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 4 | 4 | 5 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 11 | 12 | 14 | 18 | 8 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.11B | - | $233.00M | $1.75B | $635.00M | $522.00M | $405.00M | $203.68M | $204.53M | $245.61M | $240.68M | $185.07M | $241.29M | $94.34M | - | - | - |
| Avg Forecast | $970.86M | $965.02M | $951.79M | $941.54M | $955.85M | $946.53M | $938.97M | $935.96M | $912.33M | $963.81M | $942.74M | $385.34M | $986.29M | $983.56M | $973.05M | $350.31M | $229.11M | $428.58M | $400.94M | $318.47M | $191.33M | $189.92M | $190.20M | $188.47M | $165.75M | $164.58M | $96.97M | $108.93M | $89.84M | $33.18M |
| High Forecast | $1.01B | $1.01B | $994.98M | $984.26M | $999.22M | $989.48M | $981.58M | $983.84M | $953.80M | $963.81M | $942.74M | $462.41M | $1.03B | $1.04B | $1.02B | $420.38M | $274.93M | $428.58M | $400.94M | $382.16M | $191.33M | $189.92M | $190.20M | $226.17M | $198.90M | $197.50M | $116.36M | $130.72M | $107.81M | $39.82M |
| Low Forecast | $939.55M | $933.90M | $921.10M | $911.17M | $925.02M | $916.00M | $908.69M | $914.19M | $887.45M | $963.80M | $942.74M | $308.28M | $957.03M | $941.82M | $941.67M | $280.25M | $183.28M | $428.58M | $400.94M | $254.77M | $191.33M | $189.92M | $190.20M | $150.78M | $132.60M | $131.67M | $77.57M | $87.15M | $71.87M | $26.55M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.13% | - | 0.67% | 7.62% | 1.48% | 1.30% | 1.27% | 1.06% | 1.08% | 1.29% | 1.28% | 1.12% | 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Sep 11 | Mar 10 | Dec 09 | Jun 99 | Mar 95 | Sep 94 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 4 | 4 | 5 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 11 | 12 | 14 | 18 | 8 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $752.00M | - | $9.52B | $257.00M | $315.00M | $255.00M | $271.00M | $123.28M | $124.07M | $152.79M | $147.32M | $81.94M | $107.61M | $19.00M | - | - | - |
| Avg Forecast | $690.79M | $667.74M | $618.55M | $576.11M | $628.94M | $595.17M | $565.04M | $543.52M | $563.67M | $677.06M | $640.63M | $251.19M | $698.30M | $702.02M | $660.14M | $228.35M | $138.67M | $285.57M | $247.41M | $207.59M | $159.10M | $168.16M | $174.05M | $115.36M | $73.38M | $73.40M | $19.53M | $19.30M | $14.56M | $13.70M |
| High Forecast | $731.54M | $707.13M | $655.04M | $610.10M | $666.04M | $630.28M | $598.37M | $575.99M | $591.82M | $682.63M | $640.64M | $301.43M | $748.56M | $774.36M | $699.09M | $274.02M | $166.40M | $285.57M | $247.41M | $249.11M | $159.10M | $168.16M | $174.05M | $138.43M | $88.06M | $88.08M | $23.43M | $23.16M | $17.47M | $16.44M |
| Low Forecast | $661.83M | $639.75M | $592.62M | $551.96M | $602.57M | $570.22M | $541.35M | $523.77M | $527.57M | $671.49M | $640.63M | $200.95M | $654.09M | $610.05M | $632.47M | $182.68M | $110.94M | $285.57M | $247.41M | $166.07M | $159.10M | $168.16M | $174.05M | $92.29M | $58.70M | $58.72M | $15.62M | $15.44M | $11.64M | $10.96M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | - | 41.68% | 1.85% | 1.10% | 1.03% | 1.31% | 0.77% | 0.74% | 0.88% | 1.28% | 1.12% | 1.47% | 0.97% | - | - | - |
First Citizens BancShares's average Quarter net income forecast for Dec 23 is $698.30M, with a range of $654.09M to $748.56M. FCNCA's average Quarter net income forecast represents a -7.14% 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Sep 11 | Mar 10 | Dec 09 | Jun 99 | Mar 95 | Sep 94 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 4 | 4 | 5 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 11 | 12 | 14 | 18 | 8 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $839.00M | - | $509.00M | $425.00M | $423.00M | $406.00M | $407.00M | $197.13M | $196.75M | $192.32M | $186.77M | $97.80M | $94.53M | $90.72M | - | - | - |
| Avg Forecast | $868.86M | $863.64M | $851.80M | $842.62M | $855.42M | $847.08M | $840.32M | $837.62M | $816.48M | $862.55M | $843.70M | $853.55M | $882.67M | $880.23M | $870.82M | $431.16M | $221.74M | $383.55M | $358.82M | $344.83M | $171.23M | $169.97M | $170.22M | $146.26M | $87.59M | $64.48M | $93.24M | $45.25M | $36.27M | $28.50M |
| High Forecast | $908.28M | $902.83M | $890.45M | $880.85M | $894.24M | $885.52M | $878.46M | $880.48M | $853.59M | $862.55M | $843.70M | $853.55M | $923.81M | $928.74M | $910.33M | $450.73M | $266.09M | $383.55M | $358.82M | $344.83M | $171.23M | $169.97M | $170.22M | $175.51M | $105.10M | $77.37M | $111.89M | $54.30M | $43.52M | $34.20M |
| Low Forecast | $840.84M | $835.78M | $824.33M | $815.44M | $827.84M | $819.77M | $813.22M | $818.14M | $794.21M | $862.55M | $843.70M | $853.55M | $856.49M | $842.87M | $842.73M | $417.26M | $177.39M | $383.55M | $358.82M | $344.83M | $171.23M | $169.97M | $170.22M | $117.01M | $70.07M | $51.58M | $74.59M | $36.20M | $29.02M | $22.80M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | - | 1.18% | 1.92% | 1.10% | 1.13% | 1.18% | 1.15% | 1.16% | 1.13% | 1.28% | 1.12% | 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Sep 11 | Mar 10 | Dec 09 | Jun 99 | Mar 95 | Sep 94 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 4 | 4 | 5 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 11 | 12 | 14 | 18 | 8 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $50.71 | - | $654.22 | $-21.60 | $19.27 | $14.87 | $16.70 | $12.56 | $12.17 | $15.09 | $14.53 | $7.91 | $10.31 | $1.83 | - | - | - |
| Avg Forecast | $48.05 | $46.45 | $43.03 | $40.07 | $43.75 | $41.40 | $39.30 | $37.81 | $39.21 | $47.10 | $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 | $1.18 | $1.85 | $1.73 | $1.73 | $1.37 |
| High Forecast | $50.89 | $49.19 | $45.57 | $42.44 | $46.33 | $43.84 | $41.62 | $40.07 | $41.17 | $47.48 | $44.56 | $43.80 | $52.07 | $53.86 | $48.63 | $23.61 | $24.34 | $19.65 | $17.02 | $8.53 | $10.95 | $11.57 | $11.97 | $11.94 | $2.68 | $1.42 | $2.22 | $2.08 | $2.08 | $1.64 |
| Low Forecast | $46.04 | $44.50 | $41.22 | $38.39 | $41.92 | $39.66 | $37.66 | $36.43 | $36.70 | $46.71 | $44.56 | $43.80 | $45.50 | $42.44 | $43.99 | $21.36 | $22.02 | $19.65 | $17.02 | $8.53 | $10.95 | $11.57 | $11.97 | $11.94 | $1.78 | $0.94 | $1.48 | $1.38 | $1.38 | $1.10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | - | 29.35% | -0.94% | 0.98% | 0.87% | 1.96% | 1.15% | 1.05% | 1.26% | 1.22% | 3.55% | 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 | $46.51 | $53.53 | 15.09% | Buy |
| USB | U.S. Bancorp | $51.17 | $55.07 | 7.62% | Buy |
| CFG | Citizens Financial Group | $46.42 | $46.78 | 0.78% | Hold |
| WAL | Western Alliance Ban | $92.83 | $92.00 | -0.89% | Buy |
| KEY | KeyCorp | $19.05 | $18.74 | -1.63% | Buy |
| CMA | Comerica | $70.23 | $69.01 | -1.74% | Buy |
| ZION | Zions Bancorporation, National Association | $60.21 | $58.40 | -3.01% | Hold |
| FHN | First Horizon | $20.13 | $19.10 | -5.12% | Buy |
| HBAN | Huntington Bancshares | $17.54 | $16.40 | -6.50% | Buy |
| FCNCA | First Citizens BancShares | $2.16K | $1.91K | -11.78% | Buy |
| FITB | Fifth Third Bancorp | $47.20 | $39.93 | -15.40% | Buy |