First Citizens BancShares, Inc. Class A Aktie News

First Citizens BancShares, Inc. (FCNCA) Q1 2024 Earnings Call Transcript

First Citizens Bancshares Inc.'s stock rose on stronger-than-expected profit and a boosted outlook for net interest income on Thursday, roughly a year after the big regional bank acquired the beleaguered Silicon Valley Bank.

Showing its ability to navigate challenging economic conditions and make progress in integrating its purchase of Silicon Valley Bank, Raleigh-based First Citizens BancShares posted a solid first quarter on Thursday (April 25) marked by an optimistic take on consumer spending.

First Citizens BancShares' first-quarter profit beat expectations as the lender earned higher interest income and reaped the benefits of its acquisition of Silicon Valley Bank (SVB) last year.

RALEIGH, N.C. , April 25, 2024 /PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (Nasdaq: FCNCA) reported earnings for the first quarter of 2024.

RALEIGH, N.C. , April 25, 2024 /PRNewswire/ -- The Board of Directors of First Citizens BancShares, Inc. (NASDAQ: FCNCA) has declared the following dividends on the company's common and preferred stock, in each case to be paid on June 17, 2024, to holders of record as of May 31, 2024:   A quarterly common stock dividend of $1.64 per share on the company's Class A and Class B common stock.

JACKSONVILLE, Fla. , April 23, 2024 /PRNewswire/ -- First Citizens Bank today announced that its Healthcare Finance business provided $58.4 million in financing to Anchor Health Properties for the construction of a 92-bed inpatient rehabilitation facility in Miami, Florida.

JACKSONVILLE, Fla. , April 18, 2024 /PRNewswire/ -- First Citizens Bank today announced that its Healthcare Finance business served as sole lender on $50 million in financing for an affiliate of Tristar Realty Group for the refinancing of Ventana Medical Center.