FCNCA First Citizens BancShares Inc Loading...

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17:31
Jul 13
Chris McGratty KBW head of U.S. bank research Bloomberg Markets
Avoid First Citizens on deposit headwinds.
First Citizens faces a nuanced headwind from the SVB acquisition, as the need to raise more deposits more quickly and at more expensive rates is impacting the margin outlook. This led to a downgrade, suggesting the stock should be avoided.
FCNCA 1ST
HIGH

About FCNCA Analyst Coverage

Buzzberg tracks FCNCA (First Citizens BancShares Inc) across 1 sources. 0 bullish vs 0 bearish calls from 1 analysts. Sentiment: evenly split. 1 total trade idea tracked. Past 7 days: 1 watch. Latest voices: Chris McGratty.