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FCNCA / It's Early, But The SVB Deal Still Looks Like A Winner For First Citizens BancShares

It's Early, But The SVB Deal Still Looks Like A Winner For First Citizens BancShares
First Citizens is still in the early days of stabilizing and integrating the former Silicon Valley Bank, and investors will likely be closely watching the SVB deposit numbers in Q3'23. SVB provides a virtually unique growth opportunity for First Citizens; not only was it a leader in banking to emerging tech-driven companies, but it also complements the deposit-hungry CIT operations. It's too soon to say whether the VCs, equity funds, and client companies who pulled their deposits and drove the collapse of SVB will come back to the bank. Read More
Posted: Oct 11 2023, 15:03
Author Name: Seeking Alpha
Views: 070183

FCNCA News  

First Citizens BancShares (FCNCA) Surpasses Q3 Earnings and Revenue Estimates

By Zacks Investment Research
October 26, 2023

First Citizens BancShares (FCNCA) Surpasses Q3 Earnings and Revenue Estimates

First Citizens BancShares (FCNCA) came out with quarterly earnings of $55.92 per share, beating the Zacks Consensus Estimate of $48.35 per share. This more_horizontal

These 2 Finance Stocks Could Beat Earnings: Why They Should Be on Your Radar

By Zacks Investment Research
October 20, 2023

These 2 Finance Stocks Could Beat Earnings: Why They Should Be on Your Radar

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP. more_horizontal

3 Reasons Why Growth Investors Shouldn't Overlook First Citizens (FCNCA)

By Zacks Investment Research
October 19, 2023

3 Reasons Why Growth Investors Shouldn't Overlook First Citizens (FCNCA)

First Citizens (FCNCA) possesses solid growth attributes, which could help it handily outperform the market. more_horizontal

It's Early, But The SVB Deal Still Looks Like A Winner For First Citizens BancShares

By Seeking Alpha
October 11, 2023

It's Early, But The SVB Deal Still Looks Like A Winner For First Citizens BancShares

First Citizens is still in the early days of stabilizing and integrating the former Silicon Valley Bank, and investors will likely be closely watching more_horizontal

Is First Citizens (FCNCA) a Solid Growth Stock? 3 Reasons to Think

By Zacks Investment Research
October 3, 2023

Is First Citizens (FCNCA) a Solid Growth Stock? 3 Reasons to Think "Yes"

First Citizens (FCNCA) possesses solid growth attributes, which could help it handily outperform the market. more_horizontal

Why Investors Need to Take Advantage of These 2 Finance Stocks Now

By Zacks Investment Research
July 4, 2023

Why Investors Need to Take Advantage of These 2 Finance Stocks Now

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates. more_horizontal

‘Take-under' deal for Silicon Valley Bank fuels $9.5 billion profit for First Citizens Bancshares

By Market Watch
June 21, 2023

‘Take-under' deal for Silicon Valley Bank fuels $9.5 billion profit for First Citizens Bancshares

The $9.5 billion profit posted by First Citizens Bancshares Inc. from a one-time gain on its acquisition of Silicon Valley Bank stands out as the seco more_horizontal

First Citizens Boosts Assets With SVB Acquisition; Stock Surges

By MarketBeat
June 13, 2023

First Citizens Boosts Assets With SVB Acquisition; Stock Surges

You may not recognize the name First Citizens BancShares Inc. NASDAQ: FCNCA, but you almost certainly know the name of the financial institution it ac more_horizontal


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