First Citizen BancShares Inc on Wednesday reported a gain of $9.82 billion in the first quarter from its acquisition of failed lender Silicon Valley Bank in March.
First Citizens BancShares (FCNCA) came out with quarterly earnings of $20.09 per share, missing the Zacks Consensus Estimate of $21.17 per share. This compares to earnings of $16.70 per share a year a
First Citizens (NASDAQ: FCNCA ) just reported results for the first quarter of 2023. First Citizens reported earnings per share of $20.09.
Although more than two dozen U.S. banks saw their deposits decline by more than 5% in the first quarter, collectively all banks posted a tiny sequential increase despite concerns from investors, accor
Heavy Earnings Week Commences With an Eye on The Fed.

Big Week for Q1 Earnings, Jobs, etc.

12:10pm, Monday, 01'st May 2023
Who ordered the busy week for market participants? Your shipment is in.
Silicon Valley Bank's new owner faces two challenges: improving business while restoring the bank's reputation.
Citizens Financial Services' previously announced acquisition of HV Bancorp has received requisite regulatory approvals. The acquisition, which was announced in October and was subject to approvals, i

Dilution And M&A Coming To Banks

05:00pm, Monday, 10'th Apr 2023
The 2nd & 3rd biggest bank busts in history happened less than a month ago and nobody cares. The Fed and FDIC did a great job with SVB Financial Group and Signature Bank, and that probably reduced mor

The 25 Safest Bank Stocks in America Right Now

12:11pm, Monday, 10'th Apr 2023
Pity the American bank stock investor. Since January, the KBW Nasdaq Bank Index has fallen 20% on fears of bank contagion.
RALEIGH, N.C. , April 6, 2023 /PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (NASDAQ: FCNCA) today announced that it will report its financial results for the first quarter ended March
One man's loss is another man's gain, or so the saying goes. As the fallout from last month's collapse of SVB continues to ripple through the marketplace, perhaps the saying has never been truer.
UBS analyst Brody Preston lifts his recommendation on shares of First Citizens to Buy from Sell.

Air Bags Deployed to Cushion Bank Crashes

05:29pm, Tuesday, 04'th Apr 2023
In recent years, COVID and a ZIRP (Zero Interest Rate Policy) caused out-of-control inflation to swerve the economy in the wrong direction. However, the Federal Reserve and its Chairman, Jerome Powell
On March 10, 2023, the world woke up to a big problem. One of the nation's largest banks, Silicon Valley Bank had failed, bringing a sobering realization: most banks are sitting on massive unrealized
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