First Citizens BancShares (FCNCA) Surpasses Q3 Earnings and Revenue Estimates

Core Viewpoint - First Citizens BancShares (FCNCA) reported quarterly earnings of $44.62 per share, exceeding the Zacks Consensus Estimate of $41.51 per share, but down from $45.87 per share a year ago, indicating a mixed performance in earnings [1][2] Financial Performance - The company achieved revenues of $2.25 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.57%, although this is a decrease from $2.45 billion in the same quarter last year [2] - Over the last four quarters, First Citizens has exceeded consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Performance - First Citizens shares have declined approximately 17.5% year-to-date, contrasting with the S&P 500's gain of 13.9% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $43.85 on revenues of $2.22 billion, while for the current fiscal year, the estimate is $166.80 on revenues of $8.79 billion [7] - The trend of earnings estimate revisions prior to the earnings release was mixed, which may influence future stock performance [6] Industry Context - The Banks - Southeast industry, to which First Citizens belongs, is currently ranked in the top 20% of over 250 Zacks industries, indicating a favorable outlook compared to lower-ranked industries [8] - Another company in the same industry, Southern First (SFST), is expected to report quarterly earnings of $0.89 per share, reflecting a year-over-year increase of 64.8% [9]