WallStSmart
FCNC

First Citizens BancShares Inc

NASDAQ: FCNCA · FINANCIAL SERVICES · BANKS - REGIONAL

$1,972.41
-0.55% today

Updated 2026-04-29

Market cap
$22.92B
P/E ratio
11.37
P/S ratio
2.51x
EPS (TTM)
$173.48
Dividend yield
0.41%
52W range
$1,620 – $2,230
Volume
0.1M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

First Citizens BancShares Inc (FCNCA) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$1,972.41
Consensus
$2,170.00
+10.02%
2030 Target
$11,439.78
+479.99%
DCF
—
—
10 analysts:
3 Buy6 Hold0 Sell

Management guidance

No specific CEO revenue targets disclosed in available guidance. Management announced acquisition of 138 BMO Bank branches expecting to assume $5.7B in deposits and acquire $1.1B in loans, indicating growth through M&A. CEO Frank Holding appointed to Federal Reserve Advisory Council, signaling confidence in strategic direction.

Sources: Management guidance, analyst consensus, sector analysismedium confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$19,066.30
$11.3B Rev × 20x P/S
Base case (2030)
$11,439.78
$11.3B Rev × 12x P/S
Bear case (2030)
$7,626.52
$11.3B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2029 (E)2030 (E)
Revenue$12.6B$14.9B$14.5B$9.7B$10.2B$10.9B$11.3B
Revenue growth—18.2%-3.0%7.3%4.6%3.5%3.4%
EPS$808.74$194.76$178.46$195.00$210.00$238.00$250.00
P/S ratio———12.0x12.0x12.0x12.0x
Implied price———$9,914.48$10,295.80$11,058.45$11,439.78

Catalysts & risks

Growth catalysts
+ BMO Bank branch acquisition (138 branches, $5.7B deposits, $1.1B loans) - integration expected to drive NII and fee income growth
+ Strong Q4 2025 EPS beat ($51.27 vs $44.40 consensus) - demonstrated loan growth momentum particularly in Global Fund Banking
+ CEO Frank Holding appointed to Federal Reserve Advisory Council - enhanced regulatory relationship and industry influence
+ Ongoing share repurchase program ($900M executed in Q4 2025) - EPS accretion mechanism
+ Capital return to shareholders through share buybacks and debt prepayment - financial flexibility for growth investments
Key risks
- Revenue declined -3.22% in 2025 after strong 2023-2024 growth - normalization post-SVB acquisition integration
- Net interest margin compression risk in prolonged low-rate environment - 70% of First Citizens revenue is net interest income
- Integration execution risk on BMO 138-branch acquisition - operational complexity and potential deposit runoff
- Regional bank sector cyclicality - exposure to loan losses if credit cycle turns negative
- Regulatory headwinds - potential increased capital/liquidity requirements for top-20 institution status

Methodology

First Citizens BancShares Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 10 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.