First Citizens BancShares (FCNCA) beats Q1 earnings and revenue estimates, stock outlook uncertain

From Nasdaq: 2025-04-24 07:45:00

First Citizens BancShares (FCNCA) reported quarterly earnings of $37.79 per share, beating estimates. This represents a 0.19% earnings surprise. Revenues were $2.3 billion, exceeding expectations by 4.36%. The stock has underperformed the market this year, but future performance hinges on earnings outlook and management commentary. First National Corp. (FXNC) is expected to report earnings of $0.53 per share.

Investors are questioning the future of First Citizens BancShares (FCNCA) stock. Earnings outlook and estimate revisions play a crucial role in stock performance. The current Zacks Rank for FCNCA is #4 (Sell), indicating potential underperformance. Industry outlook also impacts stock performance, with Banks – Southeast ranking in the top 25% of Zacks industries.

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