# First Citizens BancShares, Inc. – Consensus ‘buy’ rating and 22.8% Upside Potential

- Link: https://www.directorstalkinterviews.com/first-citizens-bancshares-inc.consensus-buy-rating-and-22.8-upside-potential/4121134941
- Published: 2023-12-01T11:56:25+00:00
- Author: Charlotte Edwards

**First Citizens BancShares, Inc.** which can be found using ticker (FCNCA) now 
have 9 confirmed analysts covering the stock with the consensus suggesting a rating
of ‘buy’. The target price High/Low ranges between $2,000.00 and $1,520.00 suggesting
an average Analsyt target price of $1,770.67. Given that the stocks previous close
was at $1,442.37 and the analysts are correct then we can expect a percentage increase
in value of 22.8%. Also worth taking note is the 50 day moving average now sits 
at $1,385.79 and the 200 day moving average is $1,202.42. The market cap for the
company is 21.12B. The stock price is currently at: $1,467.89 USD

 The potential market cap would be $25,921,030,426 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 1.91, revenue per share of $444.34
and a 6.94% 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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