Group 1 - First Citizens BancShares, Inc. has declared dividends for common and preferred stock, with a quarterly common stock dividend of $1.95 per share, an increase from $1.64 per share in the previous quarter [1] - The company will pay a regular quarterly dividend of $13.4375 per share on its 5.375% non-cumulative perpetual preferred stock, Series A, resulting in a distribution of $0.335938 per depositary share [1] - A dividend of $23.205632 per share will be paid on the company's fixed-to-floating rate, non-cumulative perpetual preferred stock, Series B [1] - The regular quarterly dividend for the 5.625% non-cumulative perpetual preferred stock, Series C, is set at $0.351563 per share [1] Group 2 - First Citizens BancShares, Inc. is a top 20 U.S. financial institution with over $200 billion in assets and is a member of the Fortune 500 [2] - The company operates First-Citizens Bank & Trust Company, which has a network of more than 500 branches and offices across 30 states [2] - First Citizens offers a range of banking services, including commercial banking, innovation banking, and personalized wealth management services [2]

Michelle Draper, former Silicon Valley Bank CMO and 30-year financial industry veteran, to lead marketing and client experience RALEIGH, N.C., Oct. 17, 2024 /PRNewswire/ -- First Citizens Bank today announced the appointment of Michelle Draper to Chief Marketing Officer (CMO). Most recently, Draper served as Chief Marketing and Sales Strategy Officer of Silicon Valley Bank (SVB), a division of First Citizens Bank. In her role serving the First Citizens enterprise, Draper leads a marketing organization natio ...

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Shares of Citizens Financial Group, Inc. (NYSE: CFG ) were largely unchanged on Wednesday morning after reporting mostly in-line Q3 earnings results . Shares have been a strong performer over the past year, gaining over 60%, as the bank has Over fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me k ...

Citizens Financial Group (CFG) has reported third-quarter 2024 adjusted earnings per share (EPS) of 79 cents, which matched the Zacks Consensus Estimate. The bottom line declined from 85 cents reported in the year-ago quarter. Find the latest earnings estimates and surprises on the Zacks Earnings Calendar. Capital market fees of $94 million surged 40.3% year over year, driven by growth in bond underwriting and merger and acquisition advisory fees, partially offset by lower loan syndication fees. Results ben ...

Citizens Financial Group, Inc. (CFG) is scheduled to report its third-quarter 2024 results on Oct. 16, before the opening bell. The company's earnings and revenues in the third quarter are expected to have declined from the year-ago reported figures. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. In the second quarter of 2024, CFG's earnings missed the Zacks Consensus Estimate on lower net interest income (NII), a rise in provisions and operating expenses. However, an increase in ...

RALEIGH, N.C., Oct. 2, 2024 /PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (NASDAQ: FCNCA) today announced that it will report its financial results for the quarter ended September 30, 2024, before the U.S. financial markets open on Thursday, October 24, 2024. A conference call and webcast will be held to discuss BancShares' financial results at 9 a.m. Eastern time on the same day. The conference call and webcast may contain forward-looking statements and other material information. To pre-r ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional va ...

NEW YORK, Sept. 9, 2024 /PRNewswire/ -- First Citizens Bank today announced that its Energy Finance business served as co-lead arranger on a $300 million senior secured credit facility for Swift Current Energy, a leading North American clean energy platform. The financing will provide flexible growth capital as Swift Current pursues development of 10 GW gigawatts of wind, solar and energy storage projects in its pipeline, with plans to own and operate 1 GW by the end of year. "Our utility-scale renewable po ...

NEW YORK, Sept. 5, 2024 /PRNewswire/ -- First Citizens Bank today announced that its Healthcare Finance business served as lead arranger of $115 million in financing for the acquisition of eight skilled nursing facilities in Illinois. The borrower is a Midwest-based healthcare real estate investment and management company that invests in a variety of post-acute facilities, with investments in over 24 states. The eight facilities covered by this transaction represent more than 1,500 licensed beds, which typi ...