XNASFCNCP
Market cap29bUSD
Dec 26, Last price
22.23USD
1D
-0.40%
1Q
-4.46%
Name
First Citizens BancShares Inc (Delaware)
Chart & Performance
Profile
First Citizens BancShares, Inc. operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals. The company's deposit products include checking, savings, money market, and time deposit accounts. Its loan product portfolio comprises commercial construction and land development, commercial mortgage, commercial and industrial, and lease financing loans, as well as small business administration paycheck protection program loans; and consumer loans, such as residential and revolving mortgage, construction and land development, consumer auto, and other consumer loans. The company also offers treasury services products, cardholder and merchant services, wealth management services, and various other products and services; investment products, including annuities, discount brokerage services, and third-party mutual funds, as well as investment management and advisory services; and defined benefit and defined contribution, insurance, private banking, trust, fiduciary, philanthropy, and special asset services. The company provides its products and services through its branch network, as well as through digital banking, telephone banking, and various ATM networks. As of December 31, 2021, it operated 529 branches in Arizona, California, Colorado, Florida, Georgia, Kansas, Maryland, Missouri, North Carolina, New Mexico, Oklahoma, Oregon, South Carolina, Tennessee, Texas, Virginia, Washington, Wisconsin, and West Virginia. First Citizens BancShares, Inc. was founded in 1898 and is headquartered in Raleigh, North Carolina.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 7,604,000 67.45% | 4,541,000 146.98% | 1,838,593 -1.41% | |||||||
Cost of revenue | 6,642,000 | 3,664,000 | 782,748 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 962,000 | 877,000 | 1,055,845 | |||||||
NOPBT Margin | 12.65% | 19.31% | 57.43% | |||||||
Operating Taxes | 611,000 | 264,000 | 154,202 | |||||||
Tax Rate | 63.51% | 30.10% | 14.60% | |||||||
NOPAT | 351,000 | 613,000 | 901,643 | |||||||
Net income | 11,466,000 944.26% | 1,098,000 100.73% | 547,000 11.18% | |||||||
Dividends | (117,000) | (83,000) | (41,612) | |||||||
Dividend yield | 0.57% | 0.70% | 0.51% | |||||||
Proceeds from repurchase of equity | (1,240,000) | |||||||||
BB yield | 10.52% | |||||||||
Debt | ||||||||||
Debt current | 1,750,000 | 684,676 | ||||||||
Long-term debt | 37,970,000 | 4,466,000 | 1,198,689 | |||||||
Deferred revenue | (1,675,000) | |||||||||
Other long-term liabilities | 154,938,000 | 91,629,000 | (1,194,378) | |||||||
Net debt | 562,000 | (14,650,000) | (38,997,604) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 2,660,000 | 2,791,000 | (283,783) | |||||||
CAPEX | (1,428,000) | (926,000) | (107,367) | |||||||
Cash from investing activities | 2,429,000 | 75,000 | (7,568,426) | |||||||
Cash from financing activities | (4,699,000) | (2,686,000) | 7,827,975 | |||||||
FCF | 107,295,000 | (21,972,574) | (5,745,765) | |||||||
Balance | ||||||||||
Cash | 908,000 | 518,000 | 18,655,901 | |||||||
Long term investments | 36,500,000 | 20,348,000 | 22,225,068 | |||||||
Excess cash | 37,027,800 | 20,638,950 | 40,789,039 | |||||||
Stockholders' equity | 17,147,000 | 5,553,000 | 4,737,241 | |||||||
Invested Capital | 86,459,000 | 98,910,000 | 19,638,769 | |||||||
ROIC | 0.38% | 1.03% | 4.66% | |||||||
ROCE | 0.93% | 0.83% | 4.33% | |||||||
EV | ||||||||||
Common stock shares outstanding | 14,540 | 15,550 | 9,816 | |||||||
Price | 1,418.97 87.11% | 758.36 -8.61% | 829.84 44.50% | |||||||
Market cap | 20,631,275 74.95% | 11,792,456 44.76% | 8,146,046 41.05% | |||||||
EV | 22,074,275 | (1,976,544) | (30,511,621) | |||||||
EBITDA | 905,000 | 1,410,000 | 1,188,012 | |||||||
EV/EBITDA | 24.39 | |||||||||
Interest | 3,679,000 | 467,000 | 60,676 | |||||||
Interest/NOPBT | 382.43% | 53.25% | 5.75% |