First Citizens BancShares (FCNCA) Q2 Earnings and Revenues Top Estimates

This quarterly report represents an earnings surprise of 13.27%. A quarter ago, it was expected that this bank would post earnings of $44.27 per share when it actually produced earnings of $52.92, delivering a surprise of 19.54%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. While First Citizens has outperformed the market so far this year, the question tha ...