First Citizens BancShares, Inc.
Research First Citizens BancShares, Inc. (FCNCA) on Bullrun: valuation model: fairly valued, market cap USD 23.72B, P/E 11.1, dividend yield 0.4%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerFCNCA
- ExchangeNASDAQ
- CountryUnited States
- SectorFinancial Services
- IndustryBanks-Regional
- CurrencyUSD
- Valuation signalfairly valued
- Market capUSD 23.72B
- P/E11.1
- Dividend yield0.4%
- Financial periodQ2 2026
- RevenueUSD 2.43B
- Net incomeUSD 672.00M
- Free cash flowUSD 753.00M
Valuation Snapshot
Bullrun's latest valuation model marks First Citizens BancShares, Inc. as fairly valued; latest market cap is USD 23.72B; P/E is 11.1; dividend yield is 0.4%.
Peer valuation comparison
Latest P/E is 11.14x versus a Financial Services sector median of 13.41x (16.9% below).
Latest dividend yield is 0.4% versus a Financial Services sector median of 3.66% (89.1% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 9.25B | USD 2.21B | USD 1.36B | n/a | 165.24 | USD 20.60B | USD 36.11B | USD 22.24B |
| FY2024 | USD 9.50B | USD 2.78B | USD 1.45B | n/a | 189.41 | USD 22.18B | USD 37.04B | USD 22.23B |
| FY2023 | USD 8.75B | USD 11.47B | USD 1.23B | n/a | 784.51 | USD 34.52B | USD 37.57B | USD 21.26B |
| FY2022 | USD 4.53B | USD 1.10B | USD 1.87B | n/a | 67.4 | USD 5.54B | USD 6.56B | USD 9.66B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-12 | USD 23.72B | 11.1 | 0.4% | 8.4 |
| 2025 | 2025-12-31 | USD 26.05B | 12.9 | 0.4% | 7.95 |
| 2024 | 2024-12-31 | USD 28.99B | 11.2 | 0.3% | 6.87 |
| 2023 | 2023-12-29 | USD 20.60B | 1.9 | 0.3% | 3.89 |
| 2022 | 2022-12-30 | USD 11.00B | 12.1 | 0.3% | 2.16 |
| 2021 | 2021-12-31 | USD 8.15B | 15.4 | 0.2% | 1.88 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 8.4 USD, yield 0.4%.
| Year | Dividends/share |
|---|---|
| FY2025 | 7.95 USD |
| FY2024 | 6.87 USD |
| FY2023 | 3.89 USD |
| FY2022 | 2.16 USD |
About First Citizens BancShares, Inc.
First Citizens BancShares, Inc. operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals in the United States and internationally. It operates through the General Bank, Commercial Bank, and Rail segments. The General Bank segment offers deposit products, including checking, savings, money market, and time deposit accounts; conforming and jumbo residential mortgage, and business and commercial loans;
Related stock research
Other Financial Services stocks
Frequently asked questions
Is First Citizens BancShares, Inc. overvalued or undervalued?
Bullrun's valuation model currently marks First Citizens BancShares, Inc. as fairly valued.
What is First Citizens BancShares, Inc.'s market cap?
First Citizens BancShares, Inc.'s market capitalization is USD 23.72B.
What is First Citizens BancShares, Inc.'s P/E ratio?
First Citizens BancShares, Inc.'s price-to-earnings (P/E) ratio is 11.1.
Does First Citizens BancShares, Inc. pay a dividend?
First Citizens BancShares, Inc. has a dividend yield of 0.4%.
What does First Citizens BancShares, Inc. do?
First Citizens BancShares, Inc. operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals in the United States and internationally. It operates through the General Bank, Commercial Bank, and Rail segments.