Recent Investment Analysts’ Ratings Changes for First Citizens BancShares (FCNCA)
by Doug Wharley · The Cerbat GemFirst Citizens BancShares (NASDAQ: FCNCA) recently received a number of ratings updates from brokerages and research firms:
- 4/13/2026 – First Citizens BancShares was upgraded by TD Cowen to “strong-buy”.
- 4/9/2026 – First Citizens BancShares had its “outperform” rating reaffirmed by Citigroup Inc..
- 4/9/2026 – First Citizens BancShares had its price target lowered by Keefe, Bruyette & Woods from $2,375.00 to $2,300.00. They now have an “outperform” rating on the stock.
- 4/8/2026 – First Citizens BancShares was downgraded by Deutsche Bank Aktiengesellschaft from “buy” to “hold”. They now have a $2,154.00 price target on the stock.
- 4/1/2026 – First Citizens BancShares had its “neutral” rating reaffirmed by JPMorgan Chase & Co.. They now have a $2,200.00 price target on the stock, down from $2,450.00.
- 3/30/2026 – First Citizens BancShares was upgraded by Zacks Research from “strong sell” to “hold”.
- 3/27/2026 – First Citizens BancShares had its “buy (b-)” rating reaffirmed by Weiss Ratings.
- 2/28/2026 – First Citizens BancShares was upgraded by Wall Street Zen from “sell” to “hold”.
- 2/16/2026 – First Citizens BancShares was downgraded by Zacks Research from “hold” to “strong sell”.
First Citizens BancShares Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Friday, February 27th were given a $2.10 dividend. The ex-dividend date was Friday, February 27th. This represents a $8.40 annualized dividend and a dividend yield of 0.4%. First Citizens BancShares’s payout ratio is currently 5.07%.
Insider Activity
In other First Citizens BancShares news, CEO Frank B. Holding, Jr. acquired 134 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The stock was acquired at an average cost of $1,550.00 per share, for a total transaction of $207,700.00. Following the transaction, the chief executive officer owned 2,749 shares of the company’s stock, valued at $4,260,950. This trade represents a 5.12% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last three months, insiders purchased 258 shares of company stock valued at $404,236. 14.63% of the stock is currently owned by insiders.
First Citizens BancShares, Inc is the bank holding company for First Citizens Bank, a full‑service commercial bank headquartered in Raleigh, North Carolina. The company traces its roots to a community bank founded in 1898 and has grown into a diversified financial services organization that operates through its banking subsidiary to serve retail, commercial and institutional clients.
First Citizens offers a broad suite of banking products and services, including consumer and business deposit accounts, commercial and industrial lending, real estate and mortgage lending, treasury and cash management, and specialized lending solutions.