First Citizens BancShares, Inc. (FCNCP) stock analysis

In our weekly check, First Citizens BancShares, Inc. is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 17 pass, warnings: 1, red flags: 7.

About First Citizens BancShares, Inc.

First Citizens BancShares, Inc. is a Financial Services company (Banks - Regional) based in the United States, listed on NASDAQ as FCNCP.

What our checks show for FCNCP

Red flags

• The net margin fell by 13.6 points over 5 years, to 15.2%: the company keeps less of each sale as profit.
• The gross margin fell by 37.3 points, to 61.4%: costs are rising faster than prices.
• Analysts expect revenue to shrink about 11.2% a year.
• Thinly traded (about 19 thousand shares a day): buying and selling can move the price.
• Return on capital (ROCE) is only 1.3%.

Warning signs

• The stock is still below its previous peak.

Strengths

• Operating cash flow is 1.33x net profit: the profit arrives as real cash.
• Analysts expect the net margin to improve by 12.9 points from today's 15.2%.
• Revenue grew 41.7% a year over the last 3 years.
• Earnings per share grew 34.9% a year over the last 3 years.
• Net profit grew 26.2% a year over the last 3 years.
• Free cash flow is 14.3% of revenue: cash for dividends, buybacks or growth.

Next earnings report: 2027-01-22

Questions

What grade does First Citizens BancShares, Inc. (FCNCP) have?

In our weekly check, First Citizens BancShares, Inc. is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 17 pass, warnings: 1, red flags: 7. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of FCNCP stock?

This week's biggest flags for First Citizens BancShares, Inc.: Margins falling, Gross margin falling, Weak revenue forecast. In total 8 of 25 checks show a warning or a red flag.

What does First Citizens BancShares, Inc. do?

First Citizens BancShares, Inc. is a Financial Services company (Banks - Regional) based in the United States, listed on NASDAQ as FCNCP.

When does First Citizens BancShares, Inc. report earnings next?

The next earnings report is expected on 2027-01-22. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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