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via finance.yahoo.comBusiness & Companies

First Citizens BancShares: third-quarter earnings beat analyst expectations

FROM THE WIRE · FINANCE.YAHOO.COM

RALEIGH, N.C. (AP) — RALEIGH, N.C. (AP) — First Citizens BancShares Inc. (FCNCA) on Friday reported third-quarter earnings of $606 million. The Raleigh, North Carolina-based bank said it had earnings of $51.23 per share. Earnings, adjusted for non-recurring costs, were $55.37…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishEarnings above estimates at a large US regional bank can support the share price.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01First Citizens reported third-quarter earnings of $606 million.
  2. 02Earnings per share were $51.23, or $55.37 adjusted.
  3. 03The average estimate of five analysts was $46.61 per share.
  4. 04Revenue for the period was $3.7 billion.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
First Citizens BancShares, Inc.FCNCAStock2,196.76 USDMarket closedtoday +2.47%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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