📊 FCNCN Key Takeaways
Is FCNCN a Good Investment? Thesis Analysis
First Citizens Bancshares demonstrates solid profitability with 23.1% net margins and strong free cash flow generation of $2.2B, but faces headwinds from declining revenue (-19.0% YoY) and modest returns on equity (9.9%) that raise questions about capital efficiency. The company maintains a stable liquidity position with manageable leverage, though elevated long-term debt of $35.8B relative to equity warrants monitoring.
Why Buy FCNCN? Key Strengths
- Strong net profit margin of 23.1% and operating margin of 31.1% demonstrate core profitability
- Robust free cash flow generation of $2.2B with 23.2% FCF margin provides financial flexibility
- Substantial asset base of $229.7B reflects market position and operational scale
- Positive net income growth of 2.7% YoY despite revenue decline shows operational resilience
FCNCN Investment Risks to Consider
- Significant revenue contraction of 19.0% YoY suggests challenging market conditions or portfolio changes
- Low ROA of 1.0% and ROE of 9.9% indicate suboptimal capital utilization for a financial institution
- Elevated debt-to-equity ratio of 1.61x combined with $35.8B long-term debt presents leverage concerns
- Diluted EPS declined 12.8% YoY despite positive net income growth, indicating shareholder dilution
Key Metrics to Watch
- Quarterly revenue trends to assess stabilization or continued decline
- Net interest margin and loan portfolio composition affecting profitability
- Capital ratio and regulatory compliance as leverage management indicators
FCNCN Financial Metrics
💡 AI Analyst Insight
The 23.2% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.
FCNCN Profitability Ratios
FCNCN vs Finance Sector
How FIRST CITIZENS BANCSHARES INC /DE/ compares to Finance sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is FCNCN Overvalued or Undervalued?
Based on fundamental analysis, FIRST CITIZENS BANCSHARES INC /DE/ has mixed fundamental signals relative to the Finance sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
FCNCN Balance Sheet & Liquidity
FCNCN 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: FIRST CITIZENS BANCSHARES INC /DE/'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $784.51 reflects profitable operations.
FCNCN Growth Metrics (YoY)
FCNCN Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $2.4B | $568.0M | $43.08 |
| Q2 2025 | $2.4B | $575.0M | $42.36 |
| Q1 2025 | $2.3B | $483.0M | $34.47 |
| Q3 2018 | $87.4M | $67.1M | N/A |
| Q2 2018 | $84.8M | $93.3M | N/A |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
FCNCN Capital Allocation
FCNCN SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for FIRST CITIZENS BANCSHARES INC /DE/ (CIK: 0000798941)
📋 Recent SEC Filings
❓ Frequently Asked Questions about FCNCN
What is the AI rating for FCNCN?
FIRST CITIZENS BANCSHARES INC /DE/ (FCNCN) has an AI rating of HOLD with 62% confidence, based on fundamental analysis of SEC EDGAR filings.
What are FCNCN's key strengths?
Claude: Strong net profit margin of 23.1% and operating margin of 31.1% demonstrate core profitability. Robust free cash flow generation of $2.2B with 23.2% FCF margin provides financial flexibility.
What are the risks of investing in FCNCN?
Claude: Significant revenue contraction of 19.0% YoY suggests challenging market conditions or portfolio changes. Low ROA of 1.0% and ROE of 9.9% indicate suboptimal capital utilization for a financial institution.
What is FCNCN's revenue and growth?
FIRST CITIZENS BANCSHARES INC /DE/ reported revenue of $9.5B.
Does FCNCN pay dividends?
FIRST CITIZENS BANCSHARES INC /DE/ pays dividends, with $161.0M distributed to shareholders in the trailing twelve months.
Where can I find FCNCN SEC filings?
Official SEC filings for FIRST CITIZENS BANCSHARES INC /DE/ (CIK: 0000798941) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is FCNCN's EPS?
FIRST CITIZENS BANCSHARES INC /DE/ has a diluted EPS of $165.24.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is FCNCN a good stock to buy right now?
Based on our AI fundamental analysis in March 2026, FIRST CITIZENS BANCSHARES INC /DE/ has a HOLD rating with 62% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is FCNCN stock overvalued or undervalued?
Valuation metrics for FCNCN: ROE of 9.9% (sector avg: 12%), net margin of 23.1% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.
Should I buy FCNCN stock in 2026?
Our dual AI analysis gives FIRST CITIZENS BANCSHARES INC /DE/ a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is FCNCN's free cash flow?
FIRST CITIZENS BANCSHARES INC /DE/'s operating cash flow is $2.9B, with capital expenditures of $710.0M. FCF margin is 23.2%.
How does FCNCN compare to other Finance stocks?
Vs Finance sector averages: Net margin 23.1% (avg: 25%), ROE 9.9% (avg: 12%), current ratio N/A (avg: 1.2).