Frank Holding - First Citizens Chairman

FCNCA Stock  USD 2,205  13.61  0.61%   

Chairman

Mr. Frank B. Holding Jr., serves as Chairman of the Board, Chief Executive Officer of First Citizens BancShares, Inc. Strong leader with extensive management and financial experience Over 35 years of experience with FCB. Has an intimate knowledge of our business and its culture, values, goals and strategic operations. Visible and active community leader Service on boards of directors and board committees of notforprofit entities and foundations. Corporationrationrate governance expertise Extensive public and business leadership experience including serving as a director and member of various committees of other public and nonpublic companies. since 2009.
Age 64
Tenure 16 years
Address 4300 Six Forks Road, Raleigh, NC, United States, 27609
Phone919 716 7000
Webhttps://www.firstcitizens.com

Frank Holding Latest Insider Activity

Tracking and analyzing the buying and selling activities of Frank Holding against First Citizens stock is an integral part of due diligence when investing in First Citizens. Frank Holding insider activity provides valuable insight into whether First Citizens is net buyers or sellers over its current business cycle. Note, First Citizens insiders must abide by specific rules, including filing SEC forms every time they buy or sell First Citizens'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

First Citizens Management Efficiency

The company has return on total asset (ROA) of 0.0119 % which means that it generated a profit of $0.0119 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1199 %, meaning that it generated $0.1199 on every $100 dollars invested by stockholders. First Citizens' management efficiency ratios could be used to measure how well First Citizens manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.05. The current year's Return On Capital Employed is expected to grow to 0.05. At present, First Citizens' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 214.4 B, whereas Other Assets are forecasted to decline to about 22.5 B.
First Citizens BancShares has accumulated 37.56 B in total debt with debt to equity ratio (D/E) of 9.96, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Note, when we think about First Citizens' use of debt, we should always consider it together with its cash and equity.

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First Citizens BancShares, Inc. operates as the holding company for First-Citizens Bank Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals. First Citizens BancShares, Inc. was founded in 1898 and is headquartered in Raleigh, North Carolina. First Citizens operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 6578 people. First Citizens BancShares (FCNCA) is traded on NASDAQ Exchange in USA. It is located in 4300 Six Forks Road, Raleigh, NC, United States, 27609 and employs 15,715 people. First Citizens is listed under Regional Banks category by Fama And French industry classification.

Management Performance

First Citizens BancShares Leadership Team

Elected by the shareholders, the First Citizens' board of directors comprises two types of representatives: First Citizens inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Citizens' management team and ensure that shareholders' interests are well served. First Citizens' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, First Citizens' outside directors are responsible for providing unbiased perspectives on the board's policies.
Matthew Martin, Chief Secretary
Marc Einerman, Managing Director
Frank Holding, Chairman, CEO, Chairman of Executive Committee, Chairman of First-Citizens Bank and Trust Company and CEO of First-Citizens Bank and Trust Company
Lorie Rupp, Chief Officer
Randolph Martin, Chief Bank
Andrew Giangrave, Chief Bank
Peter Bristow, President, Director and Director of First Citizens Bank of North Carolina
Barbara Thompson, Director Marketing
Gregory Smith, Chief Officer
Douglas Berlon, Senior President
Marco Maiurano, Chief Officer
Jeffery Ward, Chief Officer
Hope Bryant, Vice Chairman of the Board of the Company and FCB
Craig CPA, Chief Officer
John Tyson, Managing Director
West Ludwig, Chief Human Resource Officer, Executive Vice President
Deanna Hart, Senior Relations
Craig Nix, CFO and CFO of First Citizens Bank and Trust Company

First Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is First Citizens a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether First Citizens BancShares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Citizens' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Citizens Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Citizens Bancshares Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Citizens BancShares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Citizens listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.14)
Earnings Share
189.38
Revenue Per Share
646.115
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0119
The market value of First Citizens BancShares is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Citizens' value that differs from its market value or its book value, called intrinsic value, which is First Citizens' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Citizens' market value can be influenced by many factors that don't directly affect First Citizens' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic 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. However, First Citizens' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.