First Citizens BancShares, Inc (FCNCP)

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About First Citizens BancShares, Inc

First Citizens BancShares, Inc. operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals. The company’s deposit products include checking, savings, money market, and time deposit accounts. Its loan product portfolio comprises commercial construction and land development, commercial mortgage, commercial and industrial, and lease financing loans, as well as small business administration paycheck protection program loans; and consumer loans, such as residential and revolving mortgage, construction and land development, consumer auto, and other consumer loans. The company also offers treasury services products, cardholder and merchant services, wealth management services, and various other products and services; investment products, including annuities, discount brokerage services, and third-party mutual funds, as well as investment management and advisory services; and defined benefit and defined contribution, insurance, private banking, trust, fiduciary, philanthropy, and special asset services. The company provides its products and services through its branch network, as well as through digital banking, telephone banking, and various ATM networks. As of December 31, 2020, it operated 542 branches in Arizona, California, Colorado, Florida, Georgia, Kansas, Maryland, Missouri, North Carolina, New Mexico, Oklahoma, Oregon, South Carolina, Tennessee, Texas, Virginia, Washington, Wisconsin, and West Virginia. First Citizens BancShares, Inc. was founded in 1898 and is headquartered in Raleigh, North Carolina. Address: 4300 Six Forks Road, Raleigh, NC, United States, 27609

First Citizens BancShares, Inc News and around…

Latest news about First Citizens BancShares, Inc (FCNCP) common stock and company :

First-Citizens Bank & Trust Company -- Moody's announces completion of a periodic review of ratings of First Citizens BancShares, Inc.
13 Jan, 2022 Yahoo! Finance

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of First Citizens BancShares, Inc.Global Credit Research - 13 Jan 2022New York, January 13, 2022 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of First Citizens BancShares, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 11 January 2022 in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology (ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

CIT Provides Financing for Medical Transport Helicopters
12 Jan, 2022 Yahoo! Finance

CIT, a division of First Citizens Bank, today announced that its Aerospace, Defense and Government business provided financing for seven leased helicopters managed by Thora Capital.

First Citizens BancShares, Inc. Announces Date of 2021 Fourth Quarter and Year End Financial Results, Earnings Call
11 Jan, 2022 Yahoo! Finance

RALEIGH, N.C., Jan. 11, 2022 (GLOBE NEWSWIRE) -- First Citizens BancShares, Inc. today announced that it will report its financial results for the fourth quarter and year ended December 31, 2021, before the U.S. financial markets open on Wednesday, January 26, 2022. In addition, First Citizens will host a conference call to discuss the company’s financial results on January 26, 2022, at 9 a.m. Eastern time. To access this call, dial: Domestic: 833-654-8257International: 602-585-9869Conference ID

Savings Are Up, But New Year's Resolutions Bring Financial Requirements
10 Jan, 2022 Yahoo! Finance

According to a new survey from CIT Bank conducted by The Harris Poll, an encouraging 70% of Americans are saving the same amount or more money compared to last year. Despite prioritizing their savings, 49% of respondents planning to make a resolution plan to purchase something, such as a material item or subscription service, to maintain their 2022 New Year's resolutions – signaling a potential concern in balancing savings goals with spending temptations.

First-Citizens Bank & Trust Company -- Moody's upgrades CIT Group's ratings (long-term senior unsecured to Baa2 from Ba1) and downgrades First Citizens BancShares' ratings (subordinated debt to Baa2 from Baa1), concluding review following merger close; outlook stable
05 Jan, 2022 Yahoo! Finance

Rating Action: Moody's upgrades CIT Group's ratings (long-term senior unsecured to Baa2 from Ba1) and downgrades First Citizens BancShares' ratings (subordinated debt to Baa2 from Baa1), concluding review following merger close; outlook stableGlobal Credit Research - 04 Jan 2022New York, January 04, 2022 -- Moody's Investors Service ("Moody's") has upgraded all long-term ratings of CIT Group Inc. (CIT, long-term senior unsecured debt to Baa2 from Ba1), as well as all long-term ratings and assessments of its lead bank, CIT Bank, N.A., including the bank's Baseline Credit Assessment (BCA, to baa1 from baa3). CIT Bank's short-term deposit rating was upgraded to Prime-1 from Prime-2 and its short-term Counterparty Risk Rating was upgraded to Prime-2 from Prime-3, while its Prime-2(cr) Counterparty Risk Assessment was confirmed.In the same action, Moody's downgraded all long-term ratings of First Citizens BancShares, Inc. (First Citizens, subordinated debt to Baa2 from Baa1), as well as all long-term ratings and the BCA (to baa1 from a3) of its lead bank, First-Citizens Bank & Trust Company (long-term deposits to A2 from A1).

First Citizens (FCNCA) Closes Merger Agreement With CIT Group
05 Jan, 2022 Yahoo! Finance

First Citizens (FCNCA) completes the merger with CIT Group, leading to the creation of the 20th largest bank in the United States in terms of assets.

CIT Group Inc. (Old) -- Moody's upgrades CIT Group's ratings (long-term senior unsecured to Baa2 from Ba1) and downgrades First Citizens BancShares' ratings (subordinated debt to Baa2 from Baa1), concluding review following merger close; outlook stable
05 Jan, 2022 Yahoo! Finance

Rating Action: Moody's upgrades CIT Group's ratings (long-term senior unsecured to Baa2 from Ba1) and downgrades First Citizens BancShares' ratings (subordinated debt to Baa2 from Baa1), concluding review following merger close; outlook stableGlobal Credit Research - 04 Jan 2022New York, January 04, 2022 -- Moody's Investors Service ("Moody's") has upgraded all long-term ratings of CIT Group Inc. (CIT, long-term senior unsecured debt to Baa2 from Ba1), as well as all long-term ratings and assessments of its lead bank, CIT Bank, N.A., including the bank's Baseline Credit Assessment (BCA, to baa1 from baa3). CIT Bank's short-term deposit rating was upgraded to Prime-1 from Prime-2 and its short-term Counterparty Risk Rating was upgraded to Prime-2 from Prime-3, while its Prime-2(cr) Counterparty Risk Assessment was confirmed.In the same action, Moody's downgraded all long-term ratings of First Citizens BancShares, Inc. (First Citizens, subordinated debt to Baa2 from Baa1), as well as all long-term ratings and the BCA (to baa1 from a3) of its lead bank, First-Citizens Bank & Trust Company (long-term deposits to A2 from A1).

What's next for Raleigh's First Citizens Bank with CIT Group merger closed
04 Jan, 2022 Yahoo! Finance

First Citizens now has to move from “talk” to action, and with a bank the size of CIT, that’s a big task.

First Citizens (FCNCA): Strong Industry, Solid Earnings Estimate Revisions
04 Jan, 2022 Yahoo! Finance

First Citizens (FCNCA) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Strength Seen in First Citizens (FCNCA): Can Its 3.6% Jump Turn into More Strength?
04 Jan, 2022 Yahoo! Finance

First Citizens (FCNCA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

First Citizens Completes Merger With CIT Group
04 Jan, 2022 Yahoo! Finance

Frank B. Holding Jr., First Citizens chairman and chief executive officer “This is a transformational milestone in our 124-year history,” Holding said. Ellen R. Alemany, First Citizens vice chairwoman Ellen R. Alemany, former chairwoman and chief executive officer of CIT, assumes the role of vice chairwoman of First Citizens (along with current First Citizens Vice Chairwoman Hope Holding Bryant) and will serve on the First Citizens Board of Directors. Michael A. Carpenter Carpenter will serve on

Calix Set to Join S&P MidCap 400; Douglas Elliman to Join S&P SmallCap 600
28 Dec, 2021 Yahoo! Finance

S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600:

The Fed Just Gave These 3 Stocks a Boost
22 Dec, 2021 Yahoo! Finance

After market close on Dec. 17, the Federal Reserve signed off on three bank mergers that have been in their pipeline.

CIT Surges as Merger with First Citizens Gets Fed Nod
20 Dec, 2021 Yahoo! Finance

By Dhirendra Tripathi

FIRST CITIZENS, CIT ANNOUNCE RECEIPT OF REGULATORY APPROVALS FOR MERGER
18 Dec, 2021 Yahoo! Finance

First Citizens BancShares, Inc. (NASDAQ: FCNCA) ("First Citizens"), the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc. (NYSE: CIT) ("CIT"), the parent company of CIT Bank, N.A., jointly announced that their previous proposal to merge the two companies has received approval from the Board of Governors of the Federal Reserve System today. The merger has previously received approvals from the Federal Deposit Insurance Corporation and the Office of the North Carolina Commi

Buy First Citizens Stock. The Bank Is About to Cash In on a Long-Delayed Merger.
17 Dec, 2021 Yahoo! Finance

The bank’s long-awaited acquisition of CIT Group has dragged on for more than a year. Analysts still like the combined companies’ prospects.

First Citizens BancShares Inc. (FCNCA): Hedge Funds Are Snapping Up
12 Dec, 2021 Yahoo! Finance

In this article we will analyze whether First Citizens BancShares Inc. (NASDAQ:FCNCA) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There’s no better way to get these firms’ immense resources and analytical capabilities working for us than to follow their […]

NVIT BlackRock Equity Dividend Fund Buys Rogers Communications Inc, Komatsu, Analog Devices ...
10 Dec, 2021 Yahoo! Finance

Investment company NVIT BlackRock Equity Dividend Fund (Current Portfolio) buys Rogers Communications Inc, Komatsu, Analog Devices Inc, Fidelity National Information Services Inc, UnitedHealth Group Inc, sells Verizon Communications Inc, American Express Co, Motorola Solutions Inc, Siemens AG, Morgan Stanley during the 3-months ended 2021Q3, according to the most recent filings of the investment company, NVIT BlackRock Equity Dividend Fund.

First Citizens BancShares' (NASDAQ:FCNC.A) five-year earnings growth trails the stellar shareholder returns
09 Dec, 2021 Yahoo! Finance

The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...

First Citizens Bank 2021 Holiday Giving Campaign for Teen Cancer America Seeks to ‘Spread a Little Joy, Do a Lot of Good’
30 Nov, 2021 Yahoo! Finance

First Citizens Bank Launches Holiday 2021 Giving Campaign for Teen Cancer America From now through Dec. 31, 2021, First Citizens Bank encourages customers, families and friends to make a donation to national nonprofit Teen Cancer America (TCA). TCA partners with hospitals throughout the United States to develop age-targeted facilities and specialized cancer treatment services for teens and young adults. To participate, visit www.firstcitizens.com/TCA. RALEIGH, N.C., Nov. 30, 2021 (GLOBE NEWSWIRE

First Citizens BancShares, Inc (FCNCP) is a NASDAQ Common Stock listed in , ,

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