First Citizens BancShares Inc (Delaware) reports results for the quarter ended June 30 - Earnings Summary
First Citizens BancShares Inc (Delaware) reports results for the quarter ended June 30 - Earnings Summary
First Citizens BancShares Inc (Delaware) FCNCA.OQ reported quarterly adjusted earnings of $57.09 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $42.36. The mean expectation of twelve analysts for the quarter was for earnings of $40.54 per share. Wall Street expected results to range from $38.74 to $43.44 per share.
Revenue rose 2.5% to $2.43 billion from a year ago; analysts expected $2.24 billion.
First Citizens BancShares Inc (Delaware)'s reported EPS for the quarter was $55.52.
The company reported quarterly net income of $672 million.
First Citizens BancShares Inc (Delaware) shares had fallen by 0.2% this quarter and lost 3.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 2.4% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 10 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is "buy."
Wall Street's median 12-month price target for First Citizens BancShares Inc (Delaware) is $2,300.00, about 9.7% above its last closing price of $2,077.57
This summary was machine generated from LSEG data July 23 at 01:32 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 40.54 | 57.09 | Beat |
Mar. 31 2026 | 39.41 | 44.86 | Beat |
Dec. 31 2025 | 43.91 | 45.81 | Beat |
Sep. 30 2025 | 41.97 | 43.08 | Beat |
Recent news on First Citizens BancShares
See all newsFirst Citizens BancShares Q3 profit beats; plans $1.2 bln buyback
Brief: First Citizens Bancshares To Collaborate With NCR Atleos To Provide ATM Access At Target Stores - Website
US RESEARCH ROUNDUP-Amrize, Dexcom, Lennar
Brief: First Citizens Bank Purchases Office Buildings In San Diego
First Citizens rises after Truist lifts PT