First Citizens BancShares Declares Dividends
Rhea-AI Summary
First Citizens BancShares (Nasdaq: FCNCA) announced dividends to be paid on March 16, 2026 to holders of record as of February 27, 2026. The Board declared a quarterly common stock dividend of $2.10 per share on Class A and Class B common stock.
Preferred dividends declared include: $13.4375 per share on 5.375% non-cumulative perpetual preferred stock, Series A (distributing $0.335938 per depositary share); $20.113048 per share on fixed-to-floating rate non-cumulative perpetual preferred stock, Series B; $0.351563 per share on 5.625% non-cumulative perpetual preferred stock, Series C; and $2,275.00 per share on 7.000% non-cumulative perpetual preferred stock, Series D (distributing $22.75 per depositary share).
Positive
- Common dividend of $2.10 per share declared
- Series A preferred dividend: $13.4375 per share ( $0.335938 per depositary share)
- Series B preferred dividend: $20.113048 per share declared
- Series C preferred dividend: $0.351563 per share declared
- Series D preferred dividend: $2,275.00 per share ( $22.75 per depositary share)
Negative
- None.
Market Reaction
Following this news, FCNCA has declined 9.24%, reflecting a notable negative market reaction. Our momentum scanner has triggered 19 alerts so far, indicating notable trading interest and price volatility. The stock is currently trading at $2000.00. This price movement has removed approximately $2.53B from the company's valuation. Trading volume is above average at 1.7x the average, suggesting increased trading activity.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Silver for real-time data.
- A quarterly common stock dividend of
per share on the company's Class A and Class B common stock.$2.10 - A regular quarterly dividend of
per share on the company's$13.43 755.375% non-cumulative perpetual preferred stock, Series A, resulting in a distribution of per depositary share.$0.33 5938 - A dividend of
per share on the company's fixed-to-floating rate, non-cumulative perpetual preferred stock, Series B.$20.11 3048 - A regular quarterly dividend of
per share on the company's$0.35 15635.625% non-cumulative perpetual preferred stock, Series C. - A quarterly dividend of
per share on the company's$2,275.00 7.000% non-cumulative perpetual preferred stock, Series D, resulting in a distribution of per depositary share.$22.75
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-302668526.html
SOURCE First Citizens BancShares, Inc.