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First Citizens Bancshares: A Strong Commercial Lending Franchise And SVB Recovery Are Positives
CIZNCitizens Holding(CIZN) Seeking Alpha·2024-08-01 03:27

JHVEPhoto/iStock Editorial via Getty Images Regional banks have sparked to life on expectations that rate cuts are finally coming, but First Citizens BancShares (NASDAQ:FCNCA) (OTCPK:FCNCB) has continued to outperform since my last update on this commercial-focused lender. Not only has First Citizens continued to outperform the sector with its loan growth, but the bank is also doing so with decent spreads and while shepherding the recovery of Silicon Valley Bank (or SVB). First Citizens has been doing a lit ...