First Citizens BancShares (NASDAQ:FCNCA) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

First Citizens BancShares (NASDAQ:FCNCA) had its price objective raised by stock analysts at JPMorgan Chase & Co. from $2,350.00 to $2,450.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage presently has a “neutral” rating on the bank’s stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 13.39% from the stock’s previous close.

FCNCA has been the topic of several other reports. Citigroup reiterated a “neutral” rating on shares of First Citizens BancShares in a research note on Friday. Wall Street Zen upgraded shares of First Citizens BancShares from a “sell” rating to a “hold” rating in a research note on Saturday, June 27th. TD Cowen decreased their price objective on First Citizens BancShares from $2,500.00 to $2,300.00 and set a “buy” rating for the company in a report on Monday, April 27th. Fundamental Research set a $2,350.00 target price on First Citizens BancShares in a research report on Wednesday, July 1st. Finally, Piper Sandler set a $2,050.00 target price on First Citizens BancShares in a report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, First Citizens BancShares presently has an average rating of “Hold” and an average target price of $2,258.85.

First Citizens BancShares Stock Down 2.4%

Shares of NASDAQ:FCNCA opened at $2,160.65 on Friday. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.00 and a current ratio of 1.00. First Citizens BancShares has a 52 week low of $1,623.76 and a 52 week high of $2,237.82. The company has a 50 day moving average price of $2,064.10 and a two-hundred day moving average price of $2,018.36. The company has a market capitalization of $25.04 billion, a PE ratio of 11.55, a PEG ratio of 1.63 and a beta of 0.62.

First Citizens BancShares (NASDAQ:FCNCA) last issued its quarterly earnings data on Thursday, July 23rd. The bank reported $57.09 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $56.68. First Citizens BancShares had a net margin of 16.28% and a return on equity of 11.98%. The business had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.16 billion. Analysts forecast that First Citizens BancShares will post 177.18 earnings per share for the current year.

Insider Transactions at First Citizens BancShares

In other news, CEO Frank B. Holding, Jr. purchased 528 shares of the company’s stock in a transaction on Friday, June 5th. The shares were purchased at an average cost of $1,813.37 per share, with a total value of $957,459.36. Following the completion of the transaction, the chief executive officer owned 64,100 shares of the company’s stock, valued at $116,237,017. The trade was a 0.83% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have acquired 7,190 shares of company stock worth $12,573,868 over the last 90 days. Corporate insiders own 14.63% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Hilton Head Capital Partners LLC bought a new stake in shares of First Citizens BancShares in the 4th quarter valued at about $26,000. Reflection Asset Management bought a new position in First Citizens BancShares during the fourth quarter worth about $45,000. Global Assets Advisory LLC bought a new position in First Citizens BancShares during the first quarter worth about $45,000. Allworth Financial LP increased its position in First Citizens BancShares by 21.7% during the third quarter. Allworth Financial LP now owns 28 shares of the bank’s stock worth $51,000 after buying an additional 5 shares during the last quarter. Finally, UMB Bank n.a. increased its position in First Citizens BancShares by 50.0% during the fourth quarter. UMB Bank n.a. now owns 24 shares of the bank’s stock worth $52,000 after buying an additional 8 shares during the last quarter. Institutional investors own 78.01% of the company’s stock.

Key Headlines Impacting First Citizens BancShares

Here are the key news stories impacting First Citizens BancShares this week:

• Positive Sentiment: First Citizens BancShares reported Q2 2026 earnings of $57.09 per share, far above Wall Street expectations, and revenue of $2.24 billion also beat estimates, signaling much stronger-than-expected profitability. First Citizens BancShares Reports Second Quarter 2026 Earnings
• Positive Sentiment: JPMorgan Chase raised its price target on FCNCA to $2,450 from $2,350, suggesting additional upside even though it kept a neutral rating. Benzinga
• Positive Sentiment: The board declared a quarterly dividend of $2.10 per share, underscoring ongoing shareholder returns and financial stability. First Citizens BancShares Declares Dividends
• Neutral Sentiment: Short-interest data showed 0 shares sold short and a 0.0-day short-interest ratio, so the update does not provide a meaningful new signal for the stock. First Citizens BancShares stock page

First Citizens BancShares Company Profile

First Citizens BancShares, Inc is the bank holding company for First Citizens Bank, a full‑service commercial bank headquartered in Raleigh, North Carolina. The company traces its roots to a community bank founded in 1898 and has grown into a diversified financial services organization that operates through its banking subsidiary to serve retail, commercial and institutional clients.

First Citizens offers a broad suite of banking products and services, including consumer and business deposit accounts, commercial and industrial lending, real estate and mortgage lending, treasury and cash management, and specialized lending solutions.