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First Citizens BancShares Inc (FCNCA.OQ)

FCNCA.OQ on NASDAQ Stock Exchange Global Select Market

428.00USD
11:16am EDT
Change (% chg)

$3.77 (+0.89%)
Prev Close
$424.23
Open
$424.95
Day's High
$428.00
Day's Low
$424.40
Volume
1,752
Avg. Vol
15,427
52-wk High
$463.01
52-wk Low
$324.56

Latest Key Developments (Source: Significant Developments)

First Citizens Issues Clarification On Milwaukee Area Guaranty Bank Branches
Tuesday, 10 Apr 2018 12:40pm EDT 

April 10 (Reuters) - First Citizens Bank::FIRST CITIZENS ISSUES CLARIFICATION ON MILWAUKEE AREA GUARANTY BANK BRANCHES.FIRST CITIZENS BANK SAYS "WE HAVE NO PLANS TO CLOSE THE GUARANTY BANK BROWN DEER BRANCH AT 4000 WEST BROWN DEER ROAD".FIRST CITIZENS BANK SAYS "WE HAVE NO PLANS TO CLOSE" THE GUARANTY BANK BAYSHORE BRANCH AT 5610 NORTH BAYSHORE DRIVE IN GLENDALE.  Full Article

Homebancorp Shareholders Approve Proposed Merger With First Citizens Bank
Tuesday, 27 Mar 2018 10:50am EDT 

March 27 (Reuters) - First Citizens Bancshares Inc ::HOMEBANCORP, INC. SHAREHOLDERS APPROVE PROPOSED MERGER WITH FIRST CITIZENS BANK.‍FIRST-CITIZENS BANK SAYS MERGER WITH HOMEBANCORP INC IS EXPECTED TO BECOME EFFECTIVE ON APRIL 30, 2018​.  Full Article

First Citizens Bancshares Reports Q4 EPS Of $4.53
Wednesday, 31 Jan 2018 11:30am EST 

Jan 31 (Reuters) - First Citizens Bancshares Inc ::FIRST CITIZENS BANCSHARES REPORTS EARNINGS FOR FOURTH QUARTER 2017.Q4 EARNINGS PER SHARE $4.53.EARNINGS IN Q4 OF 2017 HAS INCOME TAX EXPENSE OF $25.8 MILLION ON RE-MEASUREMENT OF DEFERRED TAXES DUE TO TAX ACT.QTRLY NET INTEREST INCOME INCREASED BY 0.6 PERCENT, TO $274.8 MILLION FROM Q3 OF 2017.  Full Article

First Citizens Bank, HomeBancorp Announce Merger Agreement
Monday, 18 Dec 2017 10:02am EST 

Dec 18 (Reuters) - First-Citizens Bank & Trust Company::FIRST CITIZENS BANK AND HOMEBANCORP, INC. ANNOUNCE MERGER AGREEMENT.FIRST-CITIZENS BANK & TRUST CO - CO, ‍ HOMEBANCORP ANNOUNCED SIGNING OF A DEFINITIVE MERGER AGREEMENT​.FIRST-CITIZENS BANK & TRUST CO - CASH CONSIDERATION OF $15.03 TO BE PAID TO SHAREHOLDERS OF HOMEBANCORP FOR EACH SHARE OF HOMEBANCORP'S COMMON STOCK​.  Full Article

First Citizens Bancshares qtrly ‍net interest income increases by 4.4 pct, compared to Q2 2017​
Wednesday, 25 Oct 2017 07:36pm EDT 

Oct 25 (Reuters) - First Citizens Bancshares Inc :First Citizens Bancshares Inc qtrly ‍net interest income increased $11.6 million, or by 4.4 percent, compared to Q2 of 2017​.First Citizens Bancshares Inc - qtrly SHR‍ $5.58​.  Full Article

First Citizens Bancshares Q3 earnings per share $5.58
Wednesday, 25 Oct 2017 04:05pm EDT 

Oct 25 (Reuters) - First Citizens Bancshares Inc ::First Citizens Bancshares reports earnings for third quarter 2017.Q3 earnings per share $5.58.First Citizens Bancshares Inc qtrly ‍net interest income increased $11.6 million, or by 4.4 percent, compared to q2 of 2017​.  Full Article

First Citizens Bancshares Q2 earnings per share $11.21
Wednesday, 26 Jul 2017 11:15am EDT 

July 26 (Reuters) - First Citizens Bancshares Inc :Q2 earnings per share $11.21.Qtrly net interest income $261.6 million versus $232.2 million.  Full Article

First Citizens BancShares proposes to acquire KS Bancorp for $35.00/shr
Thursday, 13 Jul 2017 01:43pm EDT 

July 13 (Reuters) - First Citizens BancShares Inc ::First Citizens Bancshares proposes to acquire KS Bancorp for $35.00 per share.Made proposal to acquire KS Bancorp for ‍transaction valued at about $45.8 million .‍Proposal was conveyed in a letter to KS Bancorp's board of directors​.Says "‍objective is to engage in substantive discussions with KS Bancorp​".By letter dated July 11, KS Bancorp's CEO Keen rejected First Citizens' proposal to buy KS Bancorp at $33.00 per share.KS Bancorp's CEO Harold Keen informed that its board determined its strategy of reorganizing would be "more beneficial" than accepting co's earlier proposal​.Disappointed by KS Bancorp's rejection of earlier offer without any discussion​.Says new proposal is not conditioned on financing.Says "‍believe" that KS Bancorp shareholders will favor immediate liquidity at "substantial" premium that its proposal would provide​.  Full Article

First Citizens BancShares reports Q1 earnings per share $5.63
Wednesday, 26 Apr 2017 12:08pm EDT 

April 26 (Reuters) - First Citizens BancShares Inc ::First Citizens BancShares reports earnings for first quarter 2017.Q1 earnings per share $5.63.Qtrly net interest income $250.3 million versus $232.7 million.Qtrly taxable-equivalent net interest margin 3.25 percent, up 7 basis points from same quarter in prior year.  Full Article

First Citizens Bancshares reports Q4 EPS $4.39
Wednesday, 25 Jan 2017 11:15am EST 

First Citizens Bancshares Inc : First Citizens Bancshares reports earnings for fourth quarter 2016 . Q4 earnings per share $4.39 . First Citizens Bancshares Inc - taxable-equivalent net interest margin was 3.14 percent in Q4 of 2016, an increase of 4 basis points from Q3 of 2016 . First Citizens Bancshares Inc qtrly net interest income increased $13.2 million from Q4 of 2015 .First Citizens Bancshares-Q4 noninterest expense rose due to increase in bank building repairs related to hurricane Matthew of about $1.2 million among other things.  Full Article