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First Citizens BancShares Already 5% Up, Almost One Hour Before The NASDAQ Open

(VIANEWS) – The NASDAQ opens in less than one hour and First Citizens BancShares‘s pre-market value is already 5.56% up.

First Citizens BancShares’s last close was $1,605.66, 1.13% under its 52-week high of $1,623.98.

The last session, NASDAQ ended with First Citizens BancShares (FCNCA) falling 1.63% to $1,605.66. NASDAQ jumped 0.32% to $16,306.64, after three sequential sessions in a row of gains, on what was a somewhat bullish trend trading session.

About First Citizens BancShares

First Citizens BancShares, Inc. operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals. The company's deposit products include checking, savings, money market, and time deposit accounts. Its loan product portfolio comprises commercial construction and mortgage; and commercial and industrial leases, as well as small business administration loans. In addition, the company offers consumer loans, such as residential and revolving mortgage, consumer auto, and other consumer loans. Further, it provides wealth management services, including annuities, brokerage services, and third-party mutual funds, as well as investment management and advisory services. The company provides its products and services through its branch network. First Citizens BancShares, Inc. was founded in 1898 and is headquartered in Raleigh, North Carolina.

Earnings Per Share

As for profitability, First Citizens BancShares has a trailing twelve months EPS of $784.51.

PE Ratio

First Citizens BancShares has a trailing twelve months price to earnings ratio of 2.05. Meaning, the purchaser of the share is investing $2.05 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 74.17%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 98.6%, now sitting on 7.6B for the twelve trailing months.

More news about First Citizens BancShares (FCNCA).

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