First Citizens BancShares Inc (Delaware) reports results for the quarter ended March 31 - Earnings Summary

First Citizens BancShares

24/04/2025 14:33

First Citizens BancShares Inc (Delaware) FCNCA.OQ reported quarterly adjusted earnings of $37.79​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $52.92.  The mean expectation of fourteen analysts for the quarter was for earnings of $37.91 per share. Wall Street expected results to range from $35.25  to $39.99 per share.

Revenue rose 0.1% to $2.30 billion from a year ago; analysts expected $2.26 billion.

First Citizens BancShares Inc (Delaware)'s reported EPS for the quarter was $34.47​.

The company reported quarterly net income of $468 million.

First Citizens BancShares Inc (Delaware) shares had fallen by 4.4% this quarter and lost 16.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 2.1% in the last three months.​

In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"

Wall Street's median 12-month price target for First Citizens BancShares Inc (Delaware) is $2,280.00

This summary was machine generated from LSEG data April 24 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
Mar. 31 2025
37.91
37.79
Missed
Dec. 31 2024
39.23
45.10
Beat
Sep. 30 2024
47.40
45.87
Missed
Jun. 30 2024
44.78
50.87
Beat