US · FCNCA
First Citizens BancShares, Inc.
- Sector
- Financial Services · Banks - Regional
- Headquarters
- Raleigh, NC 27609
- Website
- firstcitizens.com
Price · as of 2025-12-31
$1,985.39
Market cap 23.26B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $3,241.16 | +63.25% |
| Intrinsic Value(DCF) | $2,535.90 | +27.73% |
| Graham-Dodd Method(GD) | $2,467.61 | +24.29% |
| Graham Formula(GF) | $938.73 | -52.72% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $160.25 | $102.06 | $174.46 | $245.39 | $282.27 |
| 2012 | $173.59 | $149.64 | $431.82 | $214.02 | $0.00 |
| 2013 | $218.88 | $167.06 | $530.72 | $277.91 | $0.00 |
| 2014 | $241.18 | $202.43 | $625.85 | $300.09 | $86.87 |
| 2015 | $247.05 | $192.45 | $657.71 | $292.59 | $557.97 |
| 2016 | $341.13 | $241.75 | $653.67 | $314.16 | $199.34 |
| 2017 | $443.38 | $284.37 | $658.98 | $381.85 | $435.76 |
| 2018 | $412.88 | $267.96 | $524.77 | $419.04 | $574.14 |
| 2019 | $415.42 | $307.93 | $546.48 | $471.38 | $828.56 |
| 2020 | $846.24 | $534.55 | $860.77 | $585.56 | $725.31 |
| 2021 | $699.25 | $644.22 | $1,266.29 | $661.88 | $410.43 |
| 2022 | $609.39 | $744.65 | $122,731.20 | $873.10 | $11,961.83 |
| 2023 | $1,541.57 | $2,676.48 | $711.53 | $5,264.59 | $118,144.99 |
| 2024 | $1,861.78 | $2,032.06 | $461,404.10 | $2,328.61 | $4,945.07 |
| 2025 | $1,950.00 | $3,241.16 | $3,171.45 | $2,467.61 | $938.73 |
AI valuation
Our deep-learning model estimates First Citizens BancShares, Inc.'s (FCNCA) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $3,241.16
- Current price
- $1,985.39
- AI upside
- +63.25%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$2,535.90
+27.73% upside
Graham-Dodd
$2,467.61
+24.29% upside
Graham Formula
$938.73
-52.72% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| FCNCA | First Citizens BancShares… | $1,985.39 | 23.26B | +63% | +28% | +24% | -53% | 10.93 | 1.08 | 1.66 | 11.56 | — | 1.11 | 61.44% | 20.49% | 15.22% | 9.92% | 10.77% | 0.97% | 1.62 | 0.60 | 1.03 | 1.03 | 4.53 | -1249.00% | -297.00% | 4253.00% | 8.59% | 0.02 | 10.11% | 0.67% | 7.30% | 13.22% | 13.22 | 18.97 | 2.71 | 0.33 |
| BAP | Credicorp Ltd. | $346.38 | 27.49B | -6% | +206% | -73% | +34% | 14.19 | 2.56 | 3.24 | 8.49 | 55.36 | 2.92 | 76.28% | 30.96% | 21.55% | 19.05% | 78.95% | 2.65% | 0.86 | 1.91 | — | — | -1.01 | 2563.00% | 1219.00% | -4232.00% | 7.87% | — | 91.47% | 3.05% | 43.30% | 3.51% | 9.25 | 11.21 | 2.86 | 0.73 |
| CFG | Citizens Financial Group,… | $60.19 | 25.85B | -7% | -14% | -46% | — | 14.39 | 1.00 | 2.36 | -4.36 | 52.54 | 1.46 | 69.75% | 20.88% | 16.42% | 7.24% | -19.29% | 0.83% | 0.43 | 0.61 | 1.04 | 1.04 | -0.54 | 2739.00% | -971.00% | 841.00% | 7.73% | 0.01 | -21.46% | 3.37% | 48.50% | 17.07% | -5.05 | -5.77 | -1.05 | 0.27 |
| HBAN | Huntington Bancshares Inc… | $16.80 | 24.85B | +58% | -11% | -43% | +10% | 11.26 | 1.03 | 2.01 | 5.83 | 80.81 | 1.43 | 61.70% | 21.53% | 17.71% | 10.11% | 13.11% | 1.04% | 0.76 | 0.62 | 0.19 | 0.19 | 6.21 | 1393.00% | 438.00% | 3624.00% | 9.08% | 0.02 | 13.40% | 4.05% | 45.60% | 4.05% | 5.83 | 6.88 | 1.25 | -0.43 |
| KEY | KeyCorp | $20.74 | 22.86B | +167% | +928% | -52% | +147% | 12.52 | 1.12 | 2.05 | 9.67 | — | 1.30 | 62.27% | 20.59% | 16.35% | 9.49% | 12.25% | 0.98% | 0.54 | 0.61 | 0.77 | 0.76 | 4.18 | -57500.00% | 2356.00% | 21369.00% | 8.21% | 0.01 | 12.59% | 4.60% | 57.60% | 17.82% | 9.74 | 11.95 | 2.01 | 0.07 |
| MTB | M&T Bank Corporation | $216.98 | 33.35B | -40% | -6% | -46% | -98% | 12.57 | 1.23 | 2.91 | -1.65 | 77.99 | 1.74 | 74.62% | 29.99% | 23.16% | 9.80% | -97.99% | 1.35% | 0.45 | 1.04 | 0.32 | 0.32 | -1.44 | 1612.00% | -818.00% | -1573.00% | 7.98% | 0.02 | -98.30% | 2.92% | 36.70% | 10.26% | -1.76 | -2.28 | -0.53 | -0.43 |
| RF | Regions Financial Corpora… | $27.83 | 24.4B | +29% | +4% | -63% | -6% | 11.35 | 1.29 | 2.55 | -3.25 | 60.86 | 1.86 | 74.64% | 28.55% | 22.44% | 11.68% | -17.73% | 1.36% | 0.26 | 1.32 | 0.30 | 0.30 | -2.15 | 1865.00% | 251.00% | 5021.00% | 8.91% | 0.02 | -17.93% | 4.10% | 46.50% | 17.26% | -3.32 | -4.18 | -0.95 | -0.38 |
| SHG | Shinhan Financial Group C… | $66.81 | 32.18B | +6% | -45% | +15% | +17% | 4.87 | 0.40 | 0.63 | 5.06 | 99.59 | 0.44 | 44.03% | 17.04% | 12.58% | 8.30% | 6.41% | 0.64% | 2.68 | 0.34 | 0.33 | 0.33 | 14.86 | 489.00% | 466.00% | -216421.00% | 17.32% | 0.01 | 5.41% | 5.71% | 27.80% | 8.86% | 6.14 | 9.61 | 1.05 | -0.34 |
| USB | U.S. Bancorp | $54.66 | 85B | +4% | -5% | +6% | -24% | 11.22 | 1.30 | 1.98 | 11.27 | 51.87 | 1.78 | 62.83% | 22.20% | 17.68% | 12.23% | 17.78% | 1.10% | 1.20 | 0.66 | 2.73 | 2.73 | 3.02 | 2164.00% | 35.00% | -10000.00% | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 0.00% | 12.19 | — | 2.71 | 0.40 |
About First Citizens BancShares, Inc.
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.
- CEO
- Frank Brown Holding Jr.
- Employees
- 17.19K
- Beta
- 0.67
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($2,535.90 ÷ $1,985.39) − 1 = +27.73% (DCF, example).