First Citizens BancShares Stock Bullish By 9% At Session Start On Monday

(VIANEWS) – Shares of First Citizens BancShares (NASDAQ: FCNCA) jumped 9.42% to $557.03 at 10:28 EST on Monday, following the last session’s downward trend. NASDAQ is dropping 0.37% to $11,588.02, following the last session’s downward trend. This seems, as yet, a somewhat bearish trend exchanging session today.

First Citizens BancShares’s last close was $509.06, 42.5% below its 52-week high of $885.38.

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 land development, commercial mortgage, commercial and industrial, and lease financing loans, as well as small business administration paycheck protection program loans; and consumer loans, such as residential and revolving mortgage, construction and land development, consumer auto, and other consumer loans. The company also offers treasury services products, cardholder and merchant services, wealth management services, and various other products and services; investment products, including annuities, discount brokerage services, and third-party mutual funds, as well as investment management and advisory services; and defined benefit and defined contribution, insurance, private banking, trust, fiduciary, philanthropy, and special asset services. The company provides its products and services through its branch network, as well as through digital banking, telephone banking, and various ATM networks. As of December 31, 2021, it operated 529 branches in Arizona, California, Colorado, Florida, Georgia, Kansas, Maryland, Missouri, North Carolina, New Mexico, Oklahoma, Oregon, South Carolina, Tennessee, Texas, Virginia, Washington, Wisconsin, and West Virginia. 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 $56.93.

PE Ratio

First Citizens BancShares has a trailing twelve months price to earnings ratio of 9.78. Meaning, the purchaser of the share is investing $9.78 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 15.25%.

Yearly Top and Bottom Value

First Citizens BancShares’s stock is valued at $557.03 at 10:28 EST, way under its 52-week high of $885.38 and way higher than its 52-week low of $505.84.

Volatility

First Citizens BancShares’s last week, last month’s, and last quarter’s current intraday variation average was a negative 3.75%, a negative 2.51%, and a positive 1.73%.

First Citizens BancShares’s highest amplitude of average volatility was 4.45% (last week), 2.84% (last month), and 1.73% (last quarter).

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 23.4% and 45.7%, respectively.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, First Citizens BancShares’s stock is considered to be overbought (>=80).

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