First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA

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First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
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Price: 2 152.98 USD 1.18% Market Closed
Market Cap: 30.1B USD
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First Citizens BancShares Inc (Delaware)
Loan Loss Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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First Citizens BancShares Inc (Delaware)
Loan Loss Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Loan Loss Provision CAGR 3Y CAGR 5Y CAGR 10Y
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
Loan Loss Provision
-$525m
CAGR 3-Years
N/A
CAGR 5-Years
-71%
CAGR 10-Years
N/A
PNC Financial Services Group Inc
NYSE:PNC
Loan Loss Provision
-$865m
CAGR 3-Years
N/A
CAGR 5-Years
-4%
CAGR 10-Years
-10%
M&T Bank Corp
NYSE:MTB
Loan Loss Provision
-$695m
CAGR 3-Years
N/A
CAGR 5-Years
-34%
CAGR 10-Years
-18%
Truist Financial Corp
NYSE:TFC
Loan Loss Provision
-$2B
CAGR 3-Years
N/A
CAGR 5-Years
-27%
CAGR 10-Years
-24%
Huntington Bancshares Inc
NASDAQ:HBAN
Loan Loss Provision
-$439m
CAGR 3-Years
-38%
CAGR 5-Years
-10%
CAGR 10-Years
-16%
Fifth Third Bancorp
NASDAQ:FITB
Loan Loss Provision
-$406m
CAGR 3-Years
N/A
CAGR 5-Years
0%
CAGR 10-Years
-4%
No Stocks Found

First Citizens BancShares Inc (Delaware)
Glance View

Market Cap
30.5B USD
Industry
Banking
Economic Moat
None

First Citizens BancShares Inc, Delaware, is an intriguing testament to how a traditional banking institution can marry a rich heritage with modern strategic dynamism. Founded in 1898 as the Bank of Smithfield in North Carolina, First Citizens has grown into a formidable player in the American banking landscape. Headquartered in Raleigh, it operates with the enduring ethos of stability and community focus that its founding family, the Holdings, ingrained into its very fabric. The company is known for its conservative and savvy management style, which emphasizes prudent lending practices and a commitment to customer service. This approach has bolstered its reputation for reliability, particularly during financial downturns when many competitors falter. The company primarily generates its revenue through a diversified suite of financial products and services, including personal and commercial banking, wealth management, and mortgage lending. It earns interest income from loans—ranging from personal mortgages to business lines of credit—while simultaneously managing a robust portfolio of deposits and investment securities. First Citizens also capitalizes on fee income by offering various services such as wealth management and insurance products, each adding layers of resilience to their revenue stream. With an eye on technological advancement, the bank has modernized its operations, adopting digital solutions to enhance customer experience and streamline operational efficiency. This dual focus on heritage and innovation positions First Citizens as a trusted financial partner, adeptly balancing tradition with the demands of the modern financial landscape.

FCNCA Intrinsic Value
2 387.61 USD
Undervaluation 10%
Intrinsic Value
Price

See Also

What is First Citizens BancShares Inc (Delaware)'s Loan Loss Provision?
Loan Loss Provision
-525m USD

Based on the financial report for Sep 30, 2024, First Citizens BancShares Inc (Delaware)'s Loan Loss Provision amounts to -525m USD.

What is First Citizens BancShares Inc (Delaware)'s Loan Loss Provision growth rate?
Loan Loss Provision CAGR 5Y
-71%

Over the last year, the Loan Loss Provision growth was 56%.

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