First Citizens BancShares Inc
FCNCA-
First Citizens BancShares agreed to pay $16.5 billion for $72 billion of assets (or loan portfolio), own and operate 17 branches of the former bank, the FDIC said in a statement.
The FDIC will retain $90 billion of assets of the now defunct Silicon Valley Bank and the agency received stock appreciation rights potentially worth $500 million in the First Citizens Bancshares, Inc.
The FDIC estimated the cost of the failure of Silicon Valley Bank to be approximately $20 billion and the exact cost will be determined once the receivership is terminated.
The FDIC and First–Citizens Bank & Trust Company entered into a loss–share transaction on the commercial loans it purchased from the former Silicon Valley Bridge Bank, National Association.
Mar 27, 2023
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| Trading Volume | 4,432 |
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2,086.21 - 1,290.13 |
| Market Cap Full | $ 28.9B |
Quarterly +
| 2026 | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
| Q1 | -12.7% | 1.9% | 15% | 28.3% |
| Q2 | - | 10.3% | 4.2% | 31.9% |
| Q3 | - | 10.3% | -4.6% | 7.5% |
| Q4 | - | 10.3% | -2.6% | 6.3% |
Monthly +
| J | F | M | A | M | J | J | A | S | O | N | D |
| 2026 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | - | - | - | - | - |
| 2025 | |||||||||||
| 1.9 | - | - | - | - | - | - | - | - | - | - | - |
| 2024 | |||||||||||
| 6.4 | 4.2 | 3.7 | -3.8 | 8 | -1.1 | 24.4 | -4.6 | - | - | - | -7.9 |
| 2023 | |||||||||||
| 2.6 | -5.7 | 32.6 | 3.5 | 23.8 | 2.9 | 11.5 | -5 | 1.5 | 0.1 | 6.3 | -3.3 |
| 2022 | |||||||||||
| -10.4 | 6 | -15.6 | -1.5 | 6.7 | -6.6 | 15.7 | 9.2 | -3.5 | 3 | -0.6 | -7.1 |
| 2021 | |||||||||||
| 5 | 25.1 | 12.1 | 3.8 | -0.8 | -3.2 | -6 | 14.7 | -4.6 | -4.1 | -1.6 | 2.7 |
EPS
| 2023 | 2022 | 2021 | |
|---|---|---|---|
| Q1 | 653.6 | 16.7 | 14.5 |
| Q2 | 45.9 | 14.9 | 15.1 |
| Q3 | 50.7 | 19.3 | 12.2 |
| Q4 | 0 | 16.6 | 12.1 |
| A | 750.18 | 67.4 | 53.9 |