# First Citizens BancShares, Inc. – Consensus ‘buy’ rating and 18.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/first-citizens-bancshares-inc.consensus-buy-rating-and-18.9-upside-potential/4121159854
- Published: 2024-06-11T13:16:16+01:00
- Author: Charlotte Edwards

**First Citizens BancShares, Inc.** with ticker code (FCNCA) have now 10 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘buy’. The
target price High/Low ranges between $2,150.00 and $1,850.00 and has a mean target
at $2,007.50. Given that the stocks previous close was at $1,688.80 this would indicate
that there is a potential upside of 18.9%. The 50 day MA is $1,678.44 and the 200
moving average now moves to $1,496.95. The market capitalization for the company
is 24.11B. The current share price for the company is: $1,670.84 USD

 The potential market cap would be $28,654,195,094 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 9.28, revenue per share of $652.74
and a 1.24% return on assets.

First Citizens BancShares, Inc. is a financial holding company that conducts operations
through its banking subsidiary, First-Citizens Bank & Trust Company (the Bank). 
The Company and its subsidiaries operate approximately 500 branches in 22 states
located in the Southeast, Mid-Atlantic, Midwest and Western United States. It provides
various types of commercial and consumer banking services, including lending, leasing
and wealth management services. The Bank’s deposit services include checking, savings,
money market and time deposit accounts. The Bank provides financial services for
a range of consumer and commercial clients. This includes retail and mortgage banking,
wealth management, commercial and middle market banking, factoring and leasing. 
In addition to its banking operations, it provides various investment products and
services through Bank’s wholly owned subsidiaries, First Citizens Investor Services,
Inc. (FCIS) and First Citizens Asset Management, Inc. (FCAM).

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