Earnings Summary

First Citizens Bancshares Inc (delaware)’s revenue jumped 50.08% since last year same period to $3767Mn in the Q2 2024. On a quarterly growth basis, First Citizens Bancshares Inc (delaware) has generated 1.7% jump in its revenue since last 3-months.

First Citizens Bancshares Inc (delaware)’s net profit jumped 3.67% since last year same period to $707Mn in the Q2 2024. On a quarterly growth basis, First Citizens Bancshares Inc (delaware) has generated -3.28% fall in its net profits since last 3-months.

First Citizens Bancshares Inc (delaware)’s net profit margin fell -30.93% since last year same period to 18.77% in the Q2 2024. On a quarterly growth basis, First Citizens Bancshares Inc (delaware) has generated -4.9% fall in its net profit margins since last 3-months.

First Citizens Bancshares Inc (delaware)’s price-to-earnings ratio after this Q2 2024 earnings stands at 0.41.

First Citizens Bancshares Inc (delaware)’s earning per share (EPS) estimates for the current quarter stand at 1.21 - a 12.04% jump from last quarter’s estimates.

First Citizens Bancshares Inc (delaware)’s earning per share (EPS) estimates for the current year stand at 1.21.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. First Citizens Bancshares Inc (delaware)’s return on assets (ROA) stands at 0.01.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. First Citizens Bancshares Inc (delaware)’s return on equity (ROE) stands at 0.13.

First Citizens Bancshares Inc (delaware) declared 0.35 dividend per share during the earnings announcement for Q2 2024.