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 $2.22K (represents a 4.04% upside from FCNCA’s last price of $2.13K) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.
FCNCA Price Target
The average price target for First Citizens BancShares (FCNCA) is $2.22K based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $2.60K to $1.90K. This represents a potential 4.04% upside from FCNCA's last price of $2.13K.
FCNCA Analyst Ratings
According to 10 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' (80.00%), 2 'Hold' (20.00%), 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 |
|---|---|---|---|---|---|---|
| Dec 09, 2024 | Bernard von-Gizycki | Deutsche Bank | $2.60K | $2.20K | 18.36% | 22.04% |
| Sep 24, 2024 | David Chiaverini | Wedbush | $2.15K | $1.96K | 9.92% | 0.91% |
| Jul 02, 2024 | David Long | Raymond James | $1.90K | $1.70K | 11.93% | -10.82% |
| Apr 26, 2024 | Stephen Scouten | Piper Sandler | $1.95K | $1.80K | 8.31% | -8.47% |
| Apr 15, 2024 | Kevin Fitzsimmons | D.A. Davidson | $1.65K | $1.57K | 5.15% | -22.55% |
| Apr 11, 2024 | Jason Goldberg | Barclays | $1.85K | $1.61K | 15.08% | -13.17% |
| Mar 21, 2024 | Ryan Nash | Goldman Sachs | $1.95K | $1.61K | 20.85% | -8.47% |
| Oct 05, 2023 | David Chiaverini | Wedbush | $1.70K | $1.35K | 25.95% | -20.21% |
The latest First Citizens BancShares stock forecast, released on Dec 09, 2024 by Bernard von-Gizycki from Deutsche Bank, set a price target of $2.60K, which represents a 18.36% increase from the stock price at the time of the forecast ($2.20K), and a 22.04% increase from FCNCA last price ($2.13K).
First Citizens BancShares Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 7 |
| Avg Price Target | $2.60K | $2.38K | $2.01K |
| Last Closing Price | $2.13K | $2.13K | $2.13K |
| Upside/Downside | 22.04% | 11.48% | -5.79% |
In the current month, the average price target of First Citizens BancShares stock is $2.60K, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 22.04% increase as opposed to First Citizens BancShares's last price of $2.13K. This month's average price target is up 9.47% compared to last quarter, and up 29.54% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Dec 17, 2024 | Citigroup | Overweight | Overweight | Hold |
| Dec 09, 2024 | Deutsche Bank | Buy | Initialise | |
| Nov 18, 2024 | Citigroup | Neutral | Neutral | Hold |
| 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 | |
| Apr 15, 2024 | Wedbush | Buy | Buy | Hold |
| Apr 15, 2024 | Citigroup | Underperform | Underperform | Hold |
| Apr 15, 2024 | Citigroup | Neutral | Neutral | Hold |
| Apr 04, 2024 | UBS | Buy | Buy | Hold |
| Apr 04, 2024 | Citigroup | Overweight | Overweight | Hold |
| Mar 21, 2024 | First Shanghai | Outperform | Buy | Initialise |
| Mar 21, 2024 | Goldman Sachs | Buy | Initialise | |
| Oct 05, 2023 | First Shanghai | Hold | Outperform | Initialise |
| Apr 05, 2023 | UBS | Positive | Upgrade | |
| Apr 05, 2023 | UBS | Buy | Upgrade | |
| Oct 06, 2022 | Citigroup | Neutral | Downgrade | |
| Apr 26, 2022 | First Shanghai | Hold | Upgrade |
First Citizens BancShares's last stock rating was published by Citigroup on Dec 17, 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 | $2.29B | $2.28B | $2.26B | $2.24B | $2.27B | $2.25B | $2.23B | $2.22B | $2.26B | $2.40B | $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 | $2.39B | $2.38B | $2.36B | $2.34B | $2.37B | $2.35B | $2.33B | $2.34B | $2.37B | $2.44B | $2.26B | $2.28B | $2.47B | $2.48B | $2.43B | $1.20B | $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 | $2.23B | $2.23B | $2.21B | $2.18B | $2.22B | $2.19B | $2.17B | $2.17B | $2.20B | $2.35B | $2.26B | $2.28B | $2.29B | $2.25B | $2.27B | $1.12B | $1.08B | $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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 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 | $674.98M | $673.06M | $666.79M | $660.57M | $669.78M | $662.07M | $657.33M | $655.49M | $666.92M | $706.17M | $664.71M | $385.34M | $695.41M | $693.49M | $686.07M | $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 | $704.72M | $702.72M | $696.16M | $689.68M | $699.29M | $691.24M | $686.29M | $689.03M | $697.23M | $719.48M | $664.71M | $462.41M | $727.82M | $731.71M | $716.30M | $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 | $657.85M | $655.98M | $649.86M | $643.81M | $652.78M | $645.26M | $640.64M | $640.25M | $648.73M | $692.87M | $664.70M | $308.28M | $674.78M | $664.05M | $668.66M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.60% | - | 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 $695.41M, with a high of $727.82M and a low of $674.78M. This is -37.29% 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 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 | $706.05M | $679.66M | $631.29M | $588.86M | $619.18M | $587.17M | $556.78M | $537.06M | $562.54M | $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 | $746.49M | $718.59M | $667.45M | $622.59M | $654.64M | $620.80M | $588.67M | $568.07M | $586.73M | $682.63M | $640.64M | $301.43M | $748.56M | $774.36M | $697.95M | $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 | $682.75M | $657.24M | $610.46M | $569.43M | $598.75M | $567.79M | $538.41M | $516.57M | $523.03M | $671.49M | $640.63M | $200.95M | $654.09M | $610.05M | $638.36M | $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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 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 | $990.92M | $988.10M | $978.88M | $969.76M | $983.27M | $971.95M | $965.00M | $962.30M | $979.07M | $1.04B | $975.82M | $987.22M | $1.02B | $1.02B | $1.01B | $498.69M | $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 | $1.03B | $1.03B | $1.02B | $1.01B | $1.03B | $1.01B | $1.01B | $1.01B | $1.02B | $1.06B | $975.82M | $987.22M | $1.07B | $1.07B | $1.05B | $520.66M | $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 | $965.76M | $963.02M | $954.03M | $945.15M | $958.32M | $947.28M | $940.50M | $939.92M | $952.37M | $1.02B | $975.82M | $987.22M | $990.62M | $974.87M | $981.63M | $486.03M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.82% | - | 1.02% | 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 $1.02B, based on 5 Wall Street analysts, with a range of $990.62M to $1.07B. The forecast indicates a 21.68% 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 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 | $49.11 | $47.28 | $43.91 | $40.96 | $43.07 | $40.84 | $38.73 | $37.36 | $39.13 | $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 | $51.93 | $49.99 | $46.43 | $43.31 | $45.54 | $43.18 | $40.95 | $39.52 | $40.81 | $47.48 | $44.56 | $43.80 | $52.07 | $53.86 | $48.55 | $23.57 | $24.30 | $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 | $47.49 | $45.72 | $42.46 | $39.61 | $41.65 | $39.50 | $37.45 | $35.93 | $36.38 | $46.71 | $44.56 | $43.80 | $45.50 | $42.44 | $44.40 | $21.56 | $22.22 | $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 |
|---|---|---|---|---|---|
| WAL | Western Alliance Ban | $88.33 | $97.33 | 10.19% | Buy |
| CFG | Citizens Financial Group | $44.74 | $47.83 | 6.91% | Hold |
| USB | U.S. Bancorp | $49.98 | $53.08 | 6.20% | Buy |
| FCNCA | First Citizens BancShares | $2.11K | $2.22K | 5.16% | Buy |
| TFC | Truist Financial | $45.13 | $46.86 | 3.83% | Buy |
| KEY | KeyCorp | $17.80 | $18.15 | 1.97% | Buy |
| CMA | Comerica | $64.41 | $64.08 | -0.51% | Buy |
| FITB | Fifth Third Bancorp | $45.05 | $44.67 | -0.84% | Buy |
| HBAN | Huntington Bancshares | $16.94 | $16.56 | -2.24% | Buy |
| ZION | Zions Bancorporation, National Association | $56.22 | $54.00 | -3.95% | Hold |
| FHN | First Horizon | $19.95 | $19.00 | -4.76% | Buy |