First Citizens Bancshares Inc Class A logo

FCNCA

First Citizens Bancshares Inc Class A

$1832.79

Earnings Summary

Revenue
$3704Mn
Net Profits
$731Mn
Net Profit Margins
19.74%
PE Ratio
10.17

Highlights

Revenue:

First Citizens Bancshares Inc Class A’s revenue jumped 194.9% since last year same period to $3704Mn in the Q1 2024. On a quarterly growth basis, First Citizens Bancshares Inc Class A has generated -0.75% fall in its revenue since last 3-months.

Net Profits:

First Citizens Bancshares Inc Class A’s net profit fell -92.32% since last year same period to $731Mn in the Q1 2024. On a quarterly growth basis, First Citizens Bancshares Inc Class A has generated 42.22% jump in its net profits since last 3-months.

Net Profit Margins:

First Citizens Bancshares Inc Class A’s net profit margin fell -97.4% since last year same period to 19.74% in the Q1 2024. On a quarterly growth basis, First Citizens Bancshares Inc Class A has generated 43.29% jump in its net profit margins since last 3-months.

PE Ratio:

First Citizens Bancshares Inc Class A’s price-to-earnings ratio after this Q1 2024 earnings stands at 10.17.

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
44.78
EPS Estimate Current Year
44.78

Highlights

EPS Estimate Current Quarter:

First Citizens Bancshares Inc Class A’s earning per share (EPS) estimates for the current quarter stand at 44.78 - a 3.32% 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 44.78.

Key Ratios

Key ratios of the First Citizens Bancshares Inc Class A post its Q1 2024 earnings

Earning Per Share (EPS)
52.92
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.13
Dividend Per Share (DPS)
1.64

Highlights

Earning Per Share (EPS):

First Citizens Bancshares Inc Class A’s earning per share (EPS) fell -91.9% since last year same period to 52.92 in the Q1 2024. This indicates that the First Citizens Bancshares Inc Class A has generated -91.9% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

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 0.01.

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 0.13.

Dividend Per Share (DPS):

First Citizens Bancshares Inc Class A declared 1.64 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-09
43.34
52.92
22.1%