Company Description
First Citizens BancShares, Inc. is a bank holding company, which provides retail and commercial banking services through its subsidiaries. The company operates under the following segments: General Banking, Commercial Banking, Rail, and Corporate. The General Banking delivers services to individuals...
First Citizens BancShares, Inc. is a bank holding company, which provides retail and commercial banking services through its subsidiaries. The company operates under the following segments: General Banking, Commercial Banking, Rail, and Corporate. The General Banking delivers services to individuals through branch networks. The Commercial Banking provides lending, leasing and other financial and advisory services to small and middle market companies. The Rail segment deals with the provision of equipment leasing and secured financing for railroads and shippers. The Corporate segment is comprised of investment securities and interest bearing cash. The company was founded on August 7, 1986 and is headquartered in Raleigh, NC.
Valuation
P/E Current
14.66
P/E Ratio (without extraordinary items)
15.40
Price to Sales Ratio
4.16
Price to Book Ratio
1.85
Enterprise Value to EBITDA
16.39
Enterprise Value to Sales
4.32
Efficiency
Total Asset Turnover
0.04
Liquidity
Current Ratio
0.30
Profitability
Operating Margin
37.32
Pretax Margin
35.82
Net Margin
27.95
Return on Assets
1.01
Return on Equity
12.21
Return on Total Capital
11.45
Capital Structure
Total Debt to Total Assets
3.17
Officers and Executives
Name | Age | Officer Since | Title |
---|---|---|---|
Mr. Frank B. Holding | 59 | 1993 | Chairman, Chief Executive & Administration Officer |
Mr. Peter M. Bristow | 54 | 2014 | President, Director & Corporate Sales Executive |
Mr. Craig Lloyd Nix | 47 | - | Chief Financial Officer |
Ms. Dorothy F. Ramoneda | 61 | - | Chief Information Officer & Executive VP |
Mr. Brent Ciliano | - | 2015 | Chief Investment Officer |
Insider Actions
12/21/2030 |
Robert E. Mason Director |
200 | 0 | |
06/10/2022 |
Frank B. Holding Chairman and CEO; Director |
155 | Acquisition at $631.5 per share. | 97,882 |
06/10/2022 |
Frank B. Holding Chairman and CEO; Director |
70 | Acquisition at $626 per share. | 43,820 |
06/10/2022 |
Frank B. Holding Chairman and CEO; Director |
254 | Acquisition at $630 per share. | 160,020 |
06/03/2022 |
Frank B. Holding Chairman and CEO; Director |
9 | 5,670 | |
05/26/2022 |
Frank B. Holding Chairman and CEO; Director |
30 | Acquisition at $630 per share. | 18,900 |
05/16/2022 |
Robert R. Hoppe Director |
14 | Acquisition at $637.66 per share. | 8,927 |
05/12/2022 |
Ellen Rose Alemany Vice Chairwoman; Director |
5,664 | Gift at $0 per share. | 0 |
05/12/2022 |
Ellen Rose Alemany Vice Chairwoman; Director |
5,664 | Gift at $0 per share. | 0 |
05/05/2022 |
Robert T. Newcomb Director |
750 | Acquisition at $669.55 per share. | 502,162 |
05/02/2022 |
Frank B. Holding Chairman and CEO; Director |
15 | Acquisition at $630 per share. | 9,450 |
05/02/2022 |
Frank B. Holding Chairman and CEO; Director |
117 | Acquisition at $630 per share. | 73,710 |
05/02/2022 |
Frank B. Holding Chairman and CEO; Director |
138 | Acquisition at $630 per share. | 86,940 |
05/02/2022 |
Frank B. Holding Chairman and CEO; Director |
135 | Acquisition at $630 per share. | 85,050 |
05/02/2022 |
Frank B. Holding Chairman and CEO; Director |
215 | Acquisition at $630 per share. | 135,450 |
05/02/2022 |
Harold Lee Durham Director |
1,000 | Acquisition at $22.65 per share. | 22,650 |
04/29/2022 |
Frank B. Holding Chairman and CEO; Director |
45 | Acquisition at $630 per share. | 28,350 |
04/29/2022 |
Frank B. Holding Chairman and CEO; Director |
6 | Acquisition at $630 per share. | 3,780 |
04/29/2022 |
Craig Lloyd Nix Chief Financial Officer |
300 | Acquisition at $658.96 per share. | 197,688 |
03/29/2022 |
Carson H Brice |
135 | Gift at $0 per share. | 0 |
03/29/2022 |
Frank B. Holding Chairman and CEO; Director |
45 | Gift at $0 per share. | 0 |
03/29/2022 |
Frank B. Holding Chairman and CEO; Director |
45 | Gift at $0 per share. | 0 |
03/29/2022 |
Frank B. Holding Chairman and CEO; Director |
45 | Gift at $0 per share. | 0 |
03/29/2022 |
Claire H Bristow |
45 | Gift at $0 per share. | 0 |
03/29/2022 |
Frank B. Holding Chairman and CEO; Director |
855 | Gift at $0 per share. | 0 |
MarketWatch News on FCNCB
-
First Citizens Is About to Cash In on a Long-Delayed Bank Merger
- Barron's Online
-
M&T Bank Plans to Buy People's United. Wall Street Approves.
- Barron's Online
-
Banks Have Begun to Merge Again. Next Year Could See Even More Deals.
- Barron's Online
-
Two More Regional Banks Join Forces. It Looks Like a Trend.
- Barron's Online
-
PNC to pay $11.6 billion for U.S. arm of BBVA
- MarketWatch.com
-
PNC in talks to buy U.S. unit of Spain's BBVA
- MarketWatch.com
-
Merger Mania Continues Among Asset Managers
- Barron's Online
-
The Dow Gains as Retail Sales Come in Strong
- Barron's Online
-
First Citizens and CIT Group Announce This Year’s First Big Bank Merger
- Barron's Online
-
Boeing Jumps, Pfizer Rises as the Dow Edges Up
- Barron's Online
Other News on FCNCB
-
Tracking Lone Pine Capital Portfolio - Q1 2022 Update
- Seeking Alpha
-
Oakmark Select Fund: Q1 2022 Commentary
- Seeking Alpha
-
Merger Arbitrage Mondays: Stryker Pays A Pretty Penny For Vocera
- Seeking Alpha
-
M&T Bank to Buy People’s United for $7.6 billion
- The Wall Street Journal Interactive Edition
-
First Citizens BancShares: Unhampered Growth And A Rosy Future
- Seeking Alpha
- Loading more headlines...