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First Citizens Bancshares, Inc (NC) - FCNCA STOCK NEWS

Welcome to our dedicated news page for First Citizens Bancshares (NC) (Ticker: FCNCA), a resource for investors and traders seeking the latest updates and insights on First Citizens Bancshares (NC).

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect First Citizens Bancshares (NC)'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of First Citizens Bancshares (NC)'s position in the market.

News
First Citizens Bank Provides $10 Million to FitLife Brands, Inc. for Acquisition of MusclePharm
Rhea-AI Summary
First Citizens Bank (FCNCA) provided $10 million in financing to FitLife Brands Inc. for the strategic acquisition of MusclePharm, enabling FitLife to enhance profitability through online sales and expanded distribution.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.54%
Tags
acquisition
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News
CIT Northbridge Serves as Administrative Agent on $75 Million Revolving Credit Facility
Rhea-AI Summary
First Citizens Bank (FCB) announced that CIT Northbridge Credit, advised by First Citizens Institutional Asset Management LLC, provided a $75 million revolving credit facility for Stella & Chewy's LLC (SC). Stella & Chewy's offers premium natural pet food, including freeze dried dinner patties, meal mixers, frozen patties and morsels, baked and extruded kibble, stews, broths, and treats. The financing will support working capital needs and other corporate purposes. SC's CFO, Dean Nolden, expressed gratitude for the financing, citing growing customer demand. Neal Legan, leading the CIT Northbridge team, highlighted SC's potential for growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.72%
Tags
none
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News
First Citizens Bank Arranges $75 Million in Financing for Turning Point Brands
Rhea-AI Summary
First Citizens Bank (FCNCA) served as co-collateral agent on $75 million in financing for Turning Point Brands Inc. (TPB), a branded consumer products company based in Louisville, Kentucky. TPB manufactures, markets, and distributes branded consumer products including alternative smoking accessories and consumables through its Zig-Zag and Stoker's brands, available in over 215,000 retail outlets in North America. The off-balance sheet revolving line of credit is backed by inventory and accounts receivable, with inventory as the primary collateral.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.77%
Tags
none
News
First Citizens Bank Arranges $99.3 Million for Kayne Anderson Real Estate and Remedy Medical Properties Joint Ventures
Rhea-AI Summary
First Citizens Bank (FCNCA) completes $99.3 million in transactions with Kayne Anderson Real Estate and Remedy Medical Properties, financing a surgical hospital acquisition and medical office building refinancing. The properties are fully leased, providing essential healthcare services in Texas and Mississippi.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.27%
Tags
none
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News
First Citizens Bank Provides Credit Facility to a Behavioral Healthcare Services Company
Rhea-AI Summary
First Citizens Bank (FCB) provided a credit facility to The Stepping Stones Group to address their seasonal working capital needs during the school year. The Stepping Stones Group, a Leonard Green and Partners portfolio company, offers therapeutic, behavioral, and autism services to children with developmental delays in various settings. FCB's Asset-Based Lending team supported this financing, emphasizing their commitment to building strong relationships and providing creative solutions to support unique client needs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.86%
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none
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News
First Citizens Bank Serves as Lead Arranger on $250 Million Financing for Innovative Hybrid Thermal and Battery Energy Storage Projects in California
Rhea-AI Summary
First Citizens Bank (FCB) and MUFG co-lead a $250 million financing for Middle River Power's 327MW, 1hr duration battery storage projects in California. The financing includes a construction loan, tax equity bridge loan, and project LC facilities. The portfolio of battery storage projects will be paired with existing gas-fired peaking generation, creating first-of-its-kind hybrid facilities providing low-emissions electricity and long-term reliability to Kings County and Fresno County, California. Co-locating the natural gas peaking facilities with battery storage results in significant reductions in greenhouse gas emissions while maintaining reliable, flexible reserve capacity. The battery facilities will store excess solar power during the day and release it during evening peak hours. FCB's Energy Finance unit is pleased to support financing for this innovative project, which adds battery storage to existing gas generation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.86%
Tags
none
News
First Citizens Bank Provides $17.5 Million in Financing for Acquisition of a Rehabilitation Hospital in San Antonio, Texas
Rhea-AI Summary
First Citizens Bank (FCB) Provides $17.5M Financing for Norvin Healthcare Properties' Acquisition of PAM Health Warm Springs Rehabilitation Hospital in San Antonio, Texas
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.58%
Tags
acquisition
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News
First Citizens Bank Leads $170 Million Refinancing for California Battery Energy Storage Project Portfolio
Rhea-AI Summary
First Citizens Bank: Leads $170 Million Credit Facility for esVolta's esFaraday Portfolio of Utility-Scale Battery Energy Storage Projects in California. Refinancing Upsizes Facility from 2020, Arranged by CIT Before Merger with First Citizens in 2022
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.41%
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none
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News
First Citizens Announces Expanded Commitment to Communities in Northern California and Eastern Massachusetts
Rhea-AI Summary
First Citizens Bank - First Citizens Bank announces a $6.5 billion addition to its Community Benefits Plan agreement with the National Community Reinvestment Coalition (NCRC) and its members, extending support to Northern California and Massachusetts following its acquisition of Silicon Valley Bank. The commitment includes $2.25 billion in small business lending, $3.6 billion in Community Reinvestment Act (CRA) development lending and investing, and $650 million in residential mortgages to low- and moderate-income (LMI) borrowers. First Citizens will also commit to $35 million in CRA grants or contributions, with $10 million dedicated to an affordable home mortgage subsidy program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.41%
Tags
none
News
FIRST CITIZENS BANK CONTRIBUTES $200,000 TO NONPROFITS PROVIDING RELIEF IN AREAS IMPACTED BY HAWAII WILDFIRES
Rhea-AI Summary
First Citizens Bank is donating $200,000 to nonprofit organizations providing housing relief and essential assistance to areas affected by the recent Hawaii wildfires, including Hale Mahaolu and Maui Economic Opportunity, Inc.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.4%
Tags
none
Stock FCNCA logo
First Citizens Bancshares, Inc (NC)

Nasdaq:FCNCA

FCNCA Rankings

#450 Ranked by Market Cap
#285 Ranked by Stock Gains
#2025 Ranked by Dividends

FCNCA Stock Data

22.60B
11.10M
20.87%
65.83%
1.96%
Commercial Banking
Finance and Insurance
Link
US
Raleigh

About FCNCA

for more than 100 years, raleigh, n.c. -headquartered first citizens bank has helped customers do more with the money they earn, save and invest. along the way, we’ve built our company on such timeless values as integrity, hard work and taking the long-term view. in 1898, first citizens began as the bank of smithfield in johnston county, n.c. from a single office, first citizens has grown to more than 560 branches in 18 states. first citizens today is a full-service banking institution with more than 6,000 employees. our parent company, first citizens bancshares, inc. (nasdaq: fcnca), has more than $30 billion in assets. first citizens is now the country’s largest family-controlled bank, with a record of stable leadership few institutions can rival. first citizens offers: • traditional banking services. • essential business and professional services. • wealth management capabilities. • hundreds of branches and atms, a full-service telephone bank and sophisticated online and mobile bank