First Citizens Bancshares Inc Class A logo

FCNCA

First Citizens Bancshares Inc Class A

$1380.1

Earnings Summary

Revenue
$2510Mn
Net Profits
$682Mn
Net Profit Margins
27.17%

Highlights

Revenue:

First Citizens Bancshares Inc Class A’s revenue jumped 231.57% since last year same period to $2510Mn in the Q2 2023. On a quarterly growth basis, First Citizens Bancshares Inc Class A has generated -78.24% fall in its revenue since last 3-months.

Net Profits:

First Citizens Bancshares Inc Class A’s net profit jumped 186.55% since last year same period to $682Mn in the Q2 2023. On a quarterly growth basis, First Citizens Bancshares Inc Class A has generated -92.83% fall in its net profits since last 3-months.

Net Profit Margins:

First Citizens Bancshares Inc Class A’s net profit margin fell -13.58% since last year same period to 27.17% in the Q2 2023. On a quarterly growth basis, First Citizens Bancshares Inc Class A has generated -67.06% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the First Citizens Bancshares Inc Class A post its latest quarter earnings

EPS Estimate Current Quarter
21.77
EPS Estimate Current Year
21.77

Highlights

EPS Estimate Current Quarter:

First Citizens Bancshares Inc Class A’s earning per share (EPS) estimates for the current quarter stand at 21.77 - a 24.76% jump from last quarter’s estimates.

EPS Estimate Current Year:

First Citizens Bancshares Inc Class A’s earning per share (EPS) estimates for the current year stand at 21.77.

Key Ratios

Key ratios of the First Citizens Bancshares Inc Class A post its Q1 2023 earnings

Return on Assets (ROA)
0.07
Return on Equity (ROE)
0.71
Dividend Per Share (DPS)
0.75

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. First Citizens Bancshares Inc Class A’s return on assets (ROA) stands at 0.07.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. First Citizens Bancshares Inc Class A’s return on equity (ROE) stands at 0.71.

Dividend Per Share (DPS):

First Citizens Bancshares Inc Class A declared 0.75 dividend per share during the earnings announcement for Q1 2023.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-10
13.76
16.7
21.37%
2022-11-04
17.45
19.25
10.32%
2022-08-05
15.12
14.86
-1.72%