First Citizens BancShares Inc (Delaware)

FCNCA · NASDAQ

$2,120.39+$23.52 (+1.12%)TodayMarket closed · Oct 20, 7:58 PM ET

Prev close $2,096.87

FCNCA analyst rating

HoldConsensus of 11 analysts over the last 12 months. 27% rate it a buy.

Strong buy0
Buy3
Hold8
Underperform0
Sell0

12-month price target · 16 analysts

Average $2,375.97 (+12.1% upside)

Low: $2,121.00
Now: $2,120.39
High: $2,651.25

Upgrades and downgrades

The latest rating actions, newest first

FCNCA analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
JP Morgan	Oct 1, 2026	Maintains	Neutral	$2,450.00 → $2,300.00	50%
UBS	Sep 14, 2026	Initiates	Buy → Neutral	$2,250.00	65%
Truist Securities	Jul 28, 2026	Maintains	Hold	$2,150.00 → $2,323.00	59%
Piper Sandler	Jul 27, 2026	Maintains	Neutral	$2,050.00 → $2,100.00	67%
Barclays	Jul 27, 2026	Maintains	Equal-Weight	$2,346.00 → $2,376.00	52%
JP Morgan	Jul 24, 2026	Maintains	Neutral	$2,350.00 → $2,450.00	50%
Keefe, Bruyette & Woods	Jul 9, 2026	Downgrade	Outperform → Market Perform	$2,300.00	61%
Goldman Sachs	Jul 7, 2026	Maintains	Neutral	$2,100.00 → $2,340.00	62%
JP Morgan	Jul 1, 2026	Maintains	Neutral	$2,150.00 → $2,350.00	50%
TD Cowen	Apr 27, 2026	Maintains	Buy	$2,500.00 → $2,300.00	47%

The case for and against

Updated Apr 10, 2026

Bull case

First Citizens BancShares Inc. has demonstrated strong loan growth of 9.9% over the last quarter, with substantial contributions from global fund banking, indicating resilience in its financial performance. The recent acquisition of Silicon Valley Bank is expected to enhance liquidity, which will facilitate accelerated repayments of a $35 billion fixed-rate note and improve net interest margin (NIM) recovery sooner than previously anticipated. Additionally, the bank's strategic focus on expanding its nationwide platform while deepening client relationships supports sustained organic deposit growth and positions the balance sheet for modest expansion and improved operational efficiency by 2026.

Bear case

First Citizens BancShares is experiencing a downturn in its financial outlook, primarily driven by a projected decrease in net interest income (NII) due to a smaller balance sheet and reduced net interest margin (NIM), leading to lowered earnings estimates for 2026. The bank has also reported a contraction in end-of-period deposits, which poses challenges to its strategy for repaying the purchase money note through low-cost funding. Additionally, while credit trends show improvement, the anticipated slower pace of share buybacks and the impact of increasing expenses further contribute to a cautious outlook for the company's stock performance.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.