First Citizens Bcshs Cl A (FCNCA) Earnings: 1Q Total Loans and Leases Match Estimates at $141.36 Billion

First Citizens Bcshs Cl A on Smartkarma

Baptista Research: According to Baptista Research‘s report on First Citizens BancShares Inc., the company’s third-quarter 2024 earnings revealed a mix of positive developments and challenges. Despite facing some hurdles, the adjusted earnings per share for the quarter stood at $45.87, bolstered by a steady net interest margin despite a drop in accretion income. Notably, there was stability and slight expansion in the deposit base, particularly in the commercial sector tied to the innovation economy.

A look at First Citizens Bcshs Cl A Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, First Citizens Bcshs Cl A shows a positive long-term outlook. With a strong score of 4 in the Value category, the company is deemed to be solid in terms of its value proposition. This indicates that the stock is potentially undervalued compared to its intrinsic worth. Additionally, First Citizens Bcshs Cl A scores a 5 in Growth, suggesting promising growth prospects for the company in the future. The company’s ability to expand and increase its market share is seen as a significant strength.

Despite a lower score in the Dividend and Momentum categories, with scores of 2 and 3 respectively, First Citizens Bcshs Cl A demonstrates resilience with a score of 3 in that category. This resilience is important for weathering market uncertainties and challenges. Overall, with a mix of strong value, growth potential, and resilience, First Citizens Bcshs Cl A seems poised for a steady performance in the long term.

Summary: First Citizens BancShares, Inc. is the holding company for First-Citizens Bank & Trust Company and Ironstone Bank, serving various states in the U.S. First-Citizens operates in North Carolina, Virginia, and West Virginia, while Ironstone is active in Georgia, North Carolina, and Florida.

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