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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.

Rhea-AI Summary
First Citizens Wealth launches new wealth advisory business in Southern California, led by Art Saldivar. The team consists of seven experienced financial professionals working from three separate offices. First Citizens operates over 60 branches statewide and recently acquired assets and deposits from Silicon Valley Bank. With assets exceeding $50 billion, First Citizens aims to provide high-touch, personalized customer service to clients.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.56%
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none
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Rhea-AI Summary
'Yes, SVB' campaign highlights company's continued service, dedication, tailored solutions and commitment to the innovation economy
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.91%
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none
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Rhea-AI Summary
79% of small business owners confident in growth despite market conditions
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.03%
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none
Rhea-AI Summary
First Citizens Bank provides $55 million credit facility to National CineMedia to support emergence from bankruptcy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.21%
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none
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Rhea-AI Summary
First Citizens Bank announces new leadership structure for its wealth organization, with Michael Wilson leading both First Citizens Wealth and SVB Private. The combined organization aims to improve coordination and enhance support for individuals, families, and institutions with financial solutions and guidance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.94%
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none
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Rhea-AI Summary
First Citizens Bank served as syndication agent, joint lead arranger and joint bookrunner on a $400 million senior credit facility for Alex Lee Inc. The facility refinanced existing debt and increased the facility size to support the company's continued growth. Alex Lee Inc. has completed several acquisitions and expansions, widening its distribution network and retail footprint.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.44%
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none
Rhea-AI Summary
SVB names Martin Murrell as Head of Global Payments and Milton Santiago as Head of Global Digital Solutions, furthering commitment to innovative products and client solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.15%
Tags
management
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Rhea-AI Summary
First Citizens Bank's CIT Commercial Services completes a $6.5 million credit facility with a California-based importer, taking the lead in managing a significant share of the company's accounts receivable. This tailored solution helps the client manage cash flow and protect assets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.64%
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none
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Rhea-AI Summary
First Citizens Bank's Healthcare Finance division provided a loan to refinance American House St Petersburg, a senior living community in Florida. The community has 165 units and offers premium amenities. Demand for quality senior housing is strong in this market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.15%
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none
Rhea-AI Summary
First Citizens BancShares, Inc. (FCNCA) reported strong financial performance in Q2 2023, driven by the integration of Silicon Valley Bridge Bank. The acquisition included $107.26 billion in assets and $68.46 billion in loans, with an estimated $16.45 billion discount on assets acquired. Net income was $682 million, with adjusted net income of $765 million, representing a $473 million increase from Q1 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5%
Tags
earnings
First Citizens Bancshares, Inc (NC)

Nasdaq:FCNCA

FCNCA Rankings

FCNCA Stock Data

23.39B
11.10M
20.87%
65.82%
1.37%
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