First Citizens BancShares (FCNCA) Beats Q4 Earnings and Revenue Estimates

Core Viewpoint - First Citizens BancShares (FCNCA) reported strong quarterly earnings, exceeding expectations and showing growth compared to the previous year [1][2]. Financial Performance - The company reported earnings of $51.27 per share, surpassing the Zacks Consensus Estimate of $44.21 per share, and up from $45.1 per share a year ago, representing an earnings surprise of +15.96% [1]. - Revenues for the quarter ended December 2025 were $2.25 billion, exceeding the Zacks Consensus Estimate by 1.67%, but down from $2.41 billion year-over-year [2]. Stock Performance - First Citizens shares have increased approximately 2.7% since the beginning of the year, outperforming the S&P 500's gain of 1% [3]. - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6]. Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $42.50 on revenues of $2.18 billion, and for the current fiscal year, it is $189.04 on revenues of $8.97 billion [7]. - The trend of earnings estimate revisions is mixed, which could change following the recent earnings report [6]. Industry Context - The Banks - Southeast industry is currently ranked in the top 28% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8].