
FCNCA Stock Forecast & Price Target
FCNCA Analyst Ratings
Bulls say
First Citizens BancShares showed a strong performance with an impressive 11.6% annualized growth in demand deposits, largely driven by a significant $778 million increase in SVB Commercial deposits from new clients in the technology and healthcare sectors. Additionally, the bank reported a notable loan growth rate of 9.9% quarter-over-quarter, supported by solid performance in global fund banking, while maintaining a stable net interest margin (NIM) at 3.26%, which reflects effective cost management. Furthermore, the outlook for sustained organic deposit growth and improved capital deployment flexibility indicates positive future growth potential, positioning the bank favorably for modest expansion and efficiency gains.
Bears say
First Citizens BancShares Inc. is facing a challenging environment with notable sector-specific headwinds, particularly in commercial real estate (CRE), which may impact its overall performance. The company reported a sequential decline in loans of $89 million, driven by a significant $300 million decrease in the Tech & Healthcare segments, despite some growth in Global Fund Banking. Additionally, management revised its full-year net interest income (NII) guidance downward, signaling potential revenue pressure, and reflecting changes in market conditions that could hinder financial stability moving forward.
This aggregate rating is based on analysts' research of First Citizens BancShares and is not a guaranteed prediction by Public.com or investment advice.
FCNCA Analyst Forecast & Price Prediction
Start investing in FCNCA
Order type
Buy in
Order amount
Est. shares
0 shares