First Citizens BancShares (NASDAQ: FCNCA) recently received a number of ratings updates from brokerages and research firms:
- 5/24/2026 – First Citizens BancShares was upgraded by Wall Street Zen from “sell” to “hold”.
- 5/22/2026 – First Citizens BancShares was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
- 5/16/2026 – First Citizens BancShares was downgraded by Wall Street Zen from “hold” to “sell”.
- 5/11/2026 – First Citizens BancShares was downgraded by Weiss Ratings from “buy (b)” to “hold (c+)”.
- 4/27/2026 – First Citizens BancShares had its price target lowered by TD Cowen from $2,500.00 to $2,300.00. They now have a “buy” rating on the stock.
- 4/24/2026 – First Citizens BancShares was given a new $2,050.00 price target by Piper Sandler.
- 4/24/2026 – First Citizens BancShares had its “neutral” rating reaffirmed by Citigroup Inc..
- 4/24/2026 – First Citizens BancShares had its price target lowered by JPMorgan Chase & Co. from $2,200.00 to $2,150.00. They now have a “neutral” rating on the stock.
- 4/13/2026 – First Citizens BancShares was upgraded by TD Cowen to “strong-buy”.
- 4/9/2026 – First Citizens BancShares had its “outperform” rating reaffirmed by Citigroup Inc..
- 4/9/2026 – First Citizens BancShares had its price target lowered by Keefe, Bruyette & Woods from $2,375.00 to $2,300.00. They now have an “outperform” rating on the stock.
- 4/8/2026 – First Citizens BancShares was downgraded by Deutsche Bank Aktiengesellschaft from “buy” to “hold”. They now have a $2,154.00 price target on the stock.
- 4/1/2026 – First Citizens BancShares had its “neutral” rating reaffirmed by JPMorgan Chase & Co.. They now have a $2,200.00 price target on the stock, down from $2,450.00.
- 3/30/2026 – First Citizens BancShares was upgraded by Zacks Research from “strong sell” to “hold”.
First Citizens BancShares Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be issued a $2.10 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $8.40 dividend on an annualized basis and a dividend yield of 0.4%. First Citizens BancShares’s dividend payout ratio (DPR) is presently 4.83%.
Insider Transactions at First Citizens BancShares
In other First Citizens BancShares news, CEO Frank B. Holding, Jr. sold 5,346 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $1,918.69, for a total transaction of $10,257,316.74. Following the completion of the sale, the chief executive officer directly owned 100,654 shares of the company’s stock, valued at approximately $193,123,823.26. This represents a 5.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have purchased 6,198 shares of company stock worth $10,661,547 in the last three months. Insiders own 14.63% of the company’s stock.
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.
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