First Citizens Bancshares Shares Beat Q3 Estimates and Raise Operating Targets
FCNCA First Citizens Bancshares Inc (NC)
$2375.84 +8.15%
View chart & analysis → - 1First Citizens Bancshares Inc recorded an adjusted earnings per share of $55.37 for the third quarter.
- 2This represents an 18.8% beat over the third quarter consensus of $46.61 for First Citizens Bancshares Inc.
- 3Management plans to fully repay FDIC claims in amounts of $3.5 billion to $4.0 billion per quarter by the end of 2027.
So what's the key point?
First Citizens Bancshares Inc earned much more money than experts expected. The company also made a plan to pay back its debt, which is positive news for investors.
Source Earnings Whispers · View original ↗
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