First Citizens BancShares, Inc. (NASDAQ:FCNCA) Declares $2.10 Quarterly Dividend

First Citizens BancShares, Inc. (NASDAQ:FCNCA) declared a quarterly dividend on Thursday, April 23rd. Shareholders of record on Friday, May 29th will be given a dividend of 2.10 per share by the bank on Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Friday, May 29th.

First Citizens BancShares has raised its dividend by an average of 0.4%per year over the last three years and has raised its dividend annually for the last 8 consecutive years. First Citizens BancShares has a dividend payout ratio of 4.5% meaning its dividend is sufficiently covered by earnings. Analysts expect First Citizens BancShares to earn $204.44 per share next year, which means the company should continue to be able to cover its $8.40 annual dividend with an expected future payout ratio of 4.1%.

First Citizens BancShares Stock Down 3.4%

NASDAQ FCNCA traded down $69.48 during trading on Thursday, reaching $1,976.37. 130,039 shares of the company’s stock traded hands, compared to its average volume of 100,835. The company has a debt-to-equity ratio of 1.72, a current ratio of 1.03 and a quick ratio of 1.03. The firm has a market cap of $23.59 billion, a price-to-earnings ratio of 11.93, a price-to-earnings-growth ratio of 1.53 and a beta of 0.65. The company’s 50 day simple moving average is $1,932.66 and its two-hundred day simple moving average is $1,957.13. First Citizens BancShares has a 12-month low of $1,623.76 and a 12-month high of $2,232.21.

First Citizens BancShares (NASDAQ:FCNCA) last posted its earnings results on Thursday, April 23rd. The bank reported $44.86 EPS for the quarter, beating analysts’ consensus estimates of $43.31 by $1.55. The business had revenue of $2.14 billion for the quarter, compared to the consensus estimate of $2.20 billion. First Citizens BancShares had a net margin of 15.21% and a return on equity of 11.18%. During the same quarter last year, the firm posted $37.79 EPS. As a group, sell-side analysts forecast that First Citizens BancShares will post 178.89 EPS for the current fiscal year.

Key Stories Impacting First Citizens BancShares

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

• Positive Sentiment: Q1 EPS beat expectations — First Citizens reported $44.86 EPS, above consensus, signaling strong profitability and operating leverage for the quarter. First Citizens BancShares Reports First Quarter 2026 Earnings
• Positive Sentiment: Board declared a solid quarterly common dividend of $2.10 per share, supporting yield-focused investors and signaling confidence in cash flow. First Citizens BancShares Declares Dividends
• Positive Sentiment: Brand and integration moves: First Citizens plans to retire the Silicon Valley Bank name (reducing legacy reputational risk) and to expand commercial solutions while aligning brand names in Q4 2026 — moves that could improve customer clarity and cross-sell over time. First Citizens Plans to Retire Silicon Valley Bank Name First Citizens Bank to Expand Commercial Solutions and Align Brand Names in Q4 2026
• Neutral Sentiment: Earnings presentation and call materials were posted; useful for analysts digging into quarter drivers but no new guidance published in the releases. First Citizens BancShares, Inc. 2026 Q1 – Results – Earnings Call Presentation
• Neutral Sentiment: Analyst/metrics review: coverage pieces compared key metrics to estimates and prior year; provides context but didn’t materially change guidance. Compared to Estimates, First Citizens (FCNCA) Q1 Earnings: A Look at Key Metrics
• Negative Sentiment: Revenue missed expectations — net revenue was $2.14B vs. consensus ~$2.20B, which likely drove some of the stock weakness as top-line softness raises questions about loan and deposit trends. First Citizens BancShares (NASDAQ:FCNCA) misses Q1 CY2026 sales expectations
• Negative Sentiment: Analyst pressure / price target action — at least one coverage note referenced a lowered price target in the mix, which can amplify near-term selling despite solid EPS. 5 Fastest-Growing Financial Stocks to Invest In

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.