FCNCA Stock Recent News

Besides Wall Street's top -and-bottom-line estimates for First Citizens (FCNCA), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2025.

First Citizens (FCNCA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

The Investment Committee give you their top stocks to watch for the second half.

RALEIGH, N.C. , April 2, 2025 /PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (NASDAQ: FCNCA) today announced that it will report its financial results for the quarter ended March 31, 2025, before the U.S. financial markets open on Thursday, April 24, 2025.

BOCA RATON, Fla.--(BUSINESS WIRE)--Connectivity Wireless, an M|C Partners backed platform and leading provider of in-building wireless solutions, today announced it has successfully secured a $110 million senior debt facility with an additional $30 million available at a later date led by First Citizens Bank. In addition, the company received a $60 million growth investment led by Post Road Group, with participation from Boundary Street Capital, further strengthening its financial position and.

BOULDER, Colo. , March 17, 2025 /PRNewswire/ -- Peregrine Energy Solutions LLC ("Peregrine"), an integrated multi-technology clean energy platform with a focus on utility-scale storage, announced today it has closed a $53 million preferred equity commitment with Bildmore Clean Energy for a 150MW battery energy storage project that's currently under construction.

First Citizens Bancshares (FCNCA) faces challenges due to its commercial focus and rate sensitivity, with weaker loan demand and lower rates both threatening 2025/26 expectations. First Citizens has seen above-average spread compression, but fee-based income has been growing well and credit costs appear to be under control. Economic uncertainty and potential recession risks lead me to more conservative estimates for 2025-2027, including likely year-over-year contraction in pre-provision profits in 2025.

Relationship will extend availability of venture debt to technology and life science companies nationwide SAN FRANCISCO , March 12, 2025 /PRNewswire/ -- Silicon Valley Bank (SVB), a division of First Citizens Bank, announced today it has entered into a strategic lending relationship with Pinegrove Venture Partners (Pinegrove). SVB and Pinegrove expect to deploy a combined $2.5 billion in venture debt loans to technology and life science companies over the coming years.

NEW YORK , Feb. 5, 2025 /PRNewswire/ -- First Citizens Bank and Sixth Street, a leading global investment firm, today announced the launch of Sixty-First Commercial Finance, a new platform managed by First Citizens Institutional Asset Management, LLC and designed to provide flexible capital equipment financing solutions to middle market companies. A joint venture between Sixth Street's Asset Based Finance platform and First Citizens Bank, Sixty-First Commercial Finance will leverage the well-established capabilities and expertise of both institutions to provide mid- and large-ticket capital equipment financings ranging from $5 million to $100 million, with diverse coverage across equipment asset types and industries.

LOS ANGELES, CA / ACCESS Newswire / February 3, 2025 / XS Financial Inc. ("XS Financial" "XS" or the "Company"), an established equipment finance company serving middle-market storied credits, today announced that it has amended and upsized its current $70 million line of credit with Needham Bank ("Credit Facility") to $100 million, with First Citizens Bank participating for $20 million. XS Financial intends to use loan proceeds to fund additional CAPEX and equipment leases with new and existing customers.