First Competitors
| FCNCA Stock | USD 2,006 2.11 0.11% |
First Citizens vs Credicorp Correlation
Very weak diversification
The correlation between First Citizens BancShares and BAP is 0.56 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding First Citizens BancShares and BAP in the same portfolio, assuming nothing else is changed.
Moving together with First Stock
| 0.72 | BNPH | BNP PARIBAS ADR | PairCorr |
| 0.74 | BIRG | Bank of Ireland | PairCorr |
| 0.73 | AX | Axos Financial | PairCorr |
| 0.65 | BY | Byline Bancorp | PairCorr |
Moving against First Stock
| 0.73 | D7C | China CITIC Bank | PairCorr |
| 0.7 | 3YB | Postal Savings Bank | PairCorr |
| 0.5 | C3B | Chongqing Rural Comm | PairCorr |
| 0.39 | ICBA | ICICI Bank Limited | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of First Citizens' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
First Citizens Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between First Citizens and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of First and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of First Citizens BancShares does not affect the price movement of the other competitor.
Risk-Adjusted Indicators
There is a big difference between First Stock performing well and First Citizens Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze First Citizens' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HBAN | 1.29 | 0.09 | 0.05 | 0.15 | 1.71 | 3.38 | 10.36 | |||
| RF | 1.11 | 0.21 | 0.15 | 0.24 | 1.07 | 3.11 | 7.47 | |||
| CFG | 1.18 | 0.27 | 0.21 | 0.27 | 1.00 | 2.99 | 10.22 | |||
| USB | 1.03 | 0.30 | 0.20 | 1.28 | 0.94 | 2.67 | 6.48 | |||
| KEY | 1.10 | 0.23 | 0.18 | 0.32 | 1.01 | 2.71 | 6.56 | |||
| SHG | 1.49 | 0.36 | 0.21 | 1.01 | 1.23 | 3.19 | 7.88 | |||
| MTB | 0.98 | 0.25 | 0.24 | 0.36 | 0.69 | 2.65 | 5.19 | |||
| BAP | 1.38 | 0.34 | 0.19 | 0.66 | 1.44 | 2.58 | 8.60 |
Cross Equities Net Income Analysis
Compare First Citizens BancShares and related stocks such as Huntington Bancshares, Regions Financial, and Citizens Financial Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HBAN | 52.5 M | 542.6 M | 631.3 M | 641.3 M | 632.4 M | 693 M | 712 M | 1.2 B | 1.4 B | 1.4 B | 817 M | 1.3 B | 2.2 B | 2 B | 1.9 B | 2.2 B | 2.3 B |
| RF | 51.1 M | (215 M) | 1.1 B | 1.1 B | 1.1 B | 1.1 B | 1.2 B | 1.3 B | 1.8 B | 1.6 B | 1.1 B | 2.5 B | 2.2 B | 2.1 B | 1.9 B | 2.2 B | 2.3 B |
| CFG | 506 M | 506 M | 643 M | (3.4 B) | 865 M | 840 M | 1 B | 1.7 B | 1.7 B | 1.8 B | 1.1 B | 2.3 B | 2.1 B | 1.6 B | 1.5 B | 1.8 B | 1.2 B |
| USB | 34.1 M | 4.9 B | 5.6 B | 5.8 B | 5.9 B | 5.9 B | 5.9 B | 6.2 B | 7.1 B | 6.9 B | 5 B | 8 B | 5.8 B | 5.4 B | 6.3 B | 7.6 B | 8 B |
| KEY | 60.3 M | 920 M | 858 M | 910 M | 900 M | 916 M | 791 M | 1.3 B | 1.9 B | 1.7 B | 1.3 B | 2.6 B | 1.9 B | 967 M | (161 M) | 1.8 B | 1.9 B |
| SHG | 496 B | 3.2 T | 2.3 T | 1.9 T | 2.1 T | 2.4 T | 2.8 T | 2.9 T | 3.2 T | 3.4 T | 3.4 T | 4 T | 4.7 T | 4.4 T | 4.5 T | 5.2 T | 2.7 T |
| MTB | 22.2 M | 859.5 M | 1 B | 1.1 B | 1.1 B | 1.1 B | 1.3 B | 1.4 B | 1.9 B | 1.9 B | 1.4 B | 1.9 B | 2 B | 2.7 B | 2.6 B | 2.9 B | 3 B |
| BAP | 293 M | 1.9 B | 2.1 B | 1.5 B | 2.4 B | 3.1 B | 3.5 B | 4.1 B | 4 B | 4.3 B | 346.9 M | 3.6 B | 4.6 B | 4.9 B | 5.5 B | 6.3 B | 6.6 B |
First Citizens BancShares and related stocks such as Huntington Bancshares, Regions Financial, and Citizens Financial Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in First Citizens BancShares financial statement analysis. It represents the amount of money remaining after all of First Citizens BancShares operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.First Citizens Competitive Analysis
The better you understand First Citizens competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, First Citizens' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across First Citizens' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
First Citizens Competition Performance Charts
Five steps to successful analysis of First Citizens Competition
First Citizens' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by First Citizens BancShares in relation to its competition. First Citizens' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of First Citizens in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact First Citizens' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to First Citizens BancShares, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your First Citizens position
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Compulsion
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Check out First Citizens Correlation with its peers. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Citizens. Market participants price First higher when confident in its future expansion prospects. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive First Citizens assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth (0.07) | Dividend Share 7.95 | Earnings Share 165.29 | Revenue Per Share | Quarterly Revenue Growth 0.062 |
Understanding First Citizens BancShares requires distinguishing between market price and book value, where the latter reflects First's accounting equity. The concept of intrinsic value - what First Citizens' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push First Citizens' price substantially above or below its fundamental value.
Please note, there is a significant difference between First Citizens' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Citizens is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, First Citizens' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.