First Citizens BancShares (NASDAQ:FCNCA) CEO Frank Holding, Jr. Purchases 92 Shares

March 20, 2026 by InsiderTrades.com

Key Points

CEO Frank Holding, Jr. bought 92 shares on March 19 at an average price of $1,550 (totaling $142,600), increasing his direct stake to 2,841 shares — a 3.35% rise in ownership.
The bank posted strong quarterly results, with EPS $51.27 versus $44.24 expected and revenue of $2.44 billion versus $2.24 billion expected; First Citizens trades with a $21.67 billion market cap and a P/E of 10.95.
First Citizens pays a $2.10 quarterly dividend (annualized $8.40, ~0.5% yield), institutional investors own about 78% of the stock, and analysts show a broadly positive stance with a "Moderate Buy" consensus and an average price target of $2,238.27.

First Citizens BancShares, Inc. (NASDAQ:FCNCA - Get Free Report) CEO Frank Holding, Jr. acquired 92 shares of the company's stock in a transaction on Thursday, March 19th. The stock was acquired at an average price of $1,550.00 per share, with a total value of $142,600.00. Following the purchase, the chief executive officer directly owned 2,841 shares in the company, valued at approximately $4,403,550. This represents a 3.35% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

First Citizens BancShares Price Performance

3 Sector ETFs Catching Fire After Earnings Beats

Shares of NASDAQ FCNCA opened at $1,815.10 on Friday. The company has a market capitalization of $21.67 billion, a PE ratio of 10.95 and a beta of 0.68. The firm has a fifty day simple moving average of $2,016.82 and a 200 day simple moving average of $1,948.18. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.72. First Citizens BancShares, Inc. has a twelve month low of $1,473.62 and a twelve month high of $2,232.21.

First Citizens BancShares (NASDAQ:FCNCA - Get Free Report) last issued its earnings results on Friday, January 23rd. The bank reported $51.27 EPS for the quarter, beating analysts' consensus estimates of $44.24 by $7.03. First Citizens BancShares had a return on equity of 11.18% and a net margin of 15.21%.The business had revenue of $2.44 billion during the quarter, compared to analyst estimates of $2.24 billion. On average, sell-side analysts forecast that First Citizens BancShares, Inc. will post 167.59 EPS for the current year.

First Citizens BancShares Dividend Announcement

First Citizens Boosts Assets With SVB Acquisition; Stock Surges

The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Friday, February 27th were given a dividend of $2.10 per share. The ex-dividend date was Friday, February 27th. This represents a $8.40 annualized dividend and a yield of 0.5%. First Citizens BancShares's dividend payout ratio is presently 5.07%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Raymond James Financial upgraded shares of First Citizens BancShares from an "outperform" rating to a "strong-buy" rating and lifted their target price for the stock from $2,100.00 to $2,200.00 in a research note on Thursday, November 20th. Piper Sandler raised their price target on First Citizens BancShares from $2,000.00 to $2,100.00 and gave the company a "neutral" rating in a report on Thursday, January 29th. Wall Street Zen raised First Citizens BancShares from a "sell" rating to a "hold" rating in a report on Saturday, February 28th. Zacks Research downgraded First Citizens BancShares from a "hold" rating to a "strong sell" rating in a report on Monday, February 16th. Finally, Truist Financial lifted their price target on shares of First Citizens BancShares from $2,050.00 to $2,150.00 and gave the company a "hold" rating in a report on Monday, January 26th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, First Citizens BancShares currently has an average rating of "Moderate Buy" and an average price target of $2,238.27.

Even at $2,000+ Per Share, These 3 Stocks Are Deals

Check Out Our Latest Report on FCNCA

Institutional Trading of First Citizens BancShares

Large investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its position in First Citizens BancShares by 4.4% during the third quarter. JPMorgan Chase & Co. now owns 435,278 shares of the bank's stock valued at $778,785,000 after purchasing an additional 18,190 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in First Citizens BancShares by 117,518.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 205,833 shares of the bank's stock valued at $441,755,000 after acquiring an additional 205,658 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in First Citizens BancShares by 0.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 124,061 shares of the bank's stock worth $266,273,000 after purchasing an additional 492 shares in the last quarter. Morgan Stanley grew its position in shares of First Citizens BancShares by 31.8% during the fourth quarter. Morgan Stanley now owns 123,048 shares of the bank's stock valued at $264,087,000 after purchasing an additional 29,681 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of First Citizens BancShares by 11.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 122,317 shares of the bank's stock worth $262,514,000 after purchasing an additional 12,303 shares during the last quarter. 78.01% of the stock is currently owned by institutional investors.

About First Citizens BancShares

(Get Free Report)

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.