First Citizens BancShares slides as interest income forecast disappoints

First Citizens BancShares

23/01/2026 18:13

** Shares of regional lender First Citizens BancShares FCNCA.O slide 8.7% to $2,015.18

** FCNCA expects FY 2026 interest income to be between $6.5 billion and $6.9 billion, compared with Wall Street expectations of $6.92 billion - data compiled by LSEG

** "Initial 2026 guide may place some pressure on EPS estimates," says Raymond James analyst David Long

** "A tough morning for the stock as investors digest a guide that points to ~(5)% hit to numbers, and debate whether or not this is the final cut to estimates," says Truist analyst Brian Foran

** 8 of 14 brokerages rate the stock "buy" or higher and 6 "hold"; median PT is $2,374.50

** FCNCA stock rose 1.6% in 2025

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))