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First Citizens Bancshares delivered strong Q3 results, beating earnings estimates and announcing a $1.2 billion buyback authorization. FCNCA's aggressive reserve policy is supported by stable credit trends, but low allowance coverage remains a key risk if the economy weakens. Deposit and loan growth remain robust, aided by acquisitions and commercial banking strength, though net interest margin faces ongoing compression.
First Citizens BancShares, Inc. (FCNCA) Q3 2026 Earnings Call Transcript
Although the revenue and EPS for First Citizens (FCNCA) give a sense of how its business performed in the quarter ended September 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
First Citizens BancShares (FCNCA) came out with quarterly earnings of $55.37 per share, beating the Zacks Consensus Estimate of $46.61 per share. This compares to earnings of $44.62 per share a year ago.
RALEIGH, N.C., Oct. 23, 2026 /PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (Nasdaq: FCNCA) reported earnings for the third quarter of 2026.
RALEIGH, N.C., Oct. 23, 2026 /PRNewswire/ -- The Board of Directors of First Citizens BancShares, Inc. (Nasdaq: FCNCA) has declared the following dividends on the company's common and preferred stock, in each case to be paid on December 15, 2026, to holders of record as of November 30, 2026: A quarterly common stock dividend of $2.25 per share on the company's Class A and Class B common stock.
SteelPeak Wealth LLC purchased a new stake in shares of First Citizens BancShares, Inc. (NASDAQ: FCNCA) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 859 shares of the bank's stock, valued at approximately $1,770,000. Other large investors have
First Citizens (FCNCA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.