# First Citizens BancShares, Inc. – Consensus ‘buy’ rating and 24.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/first-citizens-bancshares-inc.consensus-buy-rating-and-24.1-upside-potential/4121133082
- Published: 2023-11-16T14:51:03+00:00
- Author: Charlotte Edwards

**First Citizens BancShares, Inc.** which can be found using ticker (FCNCA) have
now 9 analysts in total covering the stock. The consensus rating is pointing to ‘
buy’. The range between the high target price and low target price is between $2,000.00
and $1,520.00 calculating the mean target price we have $1,770.67. Given that the
stocks previous close was at $1,427.23 this is indicating there is a potential upside
of 24.1%. The 50 day moving average now sits at $1,365.30 while the 200 day moving
average is $1,169.04. The market cap for the company is 21.27B. The current share
price for the company is: $1,478.33 USD

 The potential market cap would be $26,383,593,402 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 1.93, 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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