First Citizens BancShares Declares Dividends
First Citizens BancShares (Nasdaq: FCNCA) has announced its dividend distributions for Q1 2025.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
First Citizens BancShares (Nasdaq: FCNCA) has announced its dividend distributions for Q1 2025. The company will pay a quarterly common stock dividend of $1.95 per share on both Class A and Class B shares. Additionally, three preferred stock dividends were declared: $13.4375 per share on Series A (equivalent to $0.335938 per depositary share), $21.719122 per share on Series B, and $0.351563 per share on Series C. All dividends will be paid on March 17, 2025, to shareholders of record as of February 28, 2025.
Positive
- Consistent dividend payment demonstrates financial stability
- Multiple share classes and preferred stock options provide diverse investment opportunities
Negative
- None.
Details
News Market Reaction – FCNCA
The recorded move for FCNCA in the trading session of this news was +0.38%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
RALEIGH, N.C., Jan. 24, 2025 /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 March 17, 2025, to holders of record as of Feb. 28, 2025:
- A quarterly common stock dividend of
per share on the company's Class A and Class B common stock.$1.95 - A regular quarterly dividend of
per share on the company's$13.4375 5.375% non-cumulative perpetual preferred stock, Series A, resulting in a distribution of per depositary share.$0.335938 - A dividend of
per share on the company's fixed-to-floating rate, non-cumulative perpetual preferred stock, Series B.$21.719122 - A regular quarterly dividend of
per share on the company's$0.351563 5.625% non-cumulative perpetual preferred stock, Series C.
ABOUT FIRST CITIZENS BANCSHARES
First Citizens BancShares, Inc. (Nasdaq: FCNCA), a top 20 U.S. financial institution with more than
Contact: | Deanna Hart | Angela English |
Investor Relations | Corporate Communications | |
919-716-2137 | 803-931-1854 |
View original content to download multimedia:https://www.prnewswire.com/news-releases/first-citizens-bancshares-declares-dividends-302359155.html
SOURCE First Citizens BancShares, Inc.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.