In This Article:
First Citizens BancShares (NASDAQ:FCNC.A) First Quarter 2025 Results
Key Financial Results
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Revenue: US$2.14b (down 10.0% from 1Q 2024).
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Net income: US$468.0m (down 35% from 1Q 2024).
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Profit margin: 22% (down from 30% in 1Q 2024).
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EPS: US$34.48 (down from US$49.27 in 1Q 2024).
All figures shown in the chart above are for the trailing 12 month (TTM) period
First Citizens BancShares Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 7.9%.
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 7.1% growth forecast for the Banks industry in the US.
Performance of the American Banks industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for First Citizens BancShares that you need to take into consideration.
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