First Citizens Bancshares Stock Z Score
| FCNCA Stock | USD 1,640 16.91 1.04% |
First | Z Score |
First Citizens BancShares Company Z Score Analysis
First Citizens' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
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First Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for First Citizens is extremely important. It helps to project a fair market value of First Stock properly, considering its historical fundamentals such as Z Score. Since First Citizens' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of First Citizens' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of First Citizens' interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
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According to the company's disclosures, First Citizens BancShares has a Z Score of 0.0. This is 100.0% lower than that of the Banks sector and about the same as Financials (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
First Citizens Current Valuation Drivers
We derive many important indicators used in calculating different scores of First Citizens from analyzing First Citizens' financial statements. These drivers represent accounts that assess First Citizens' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of First Citizens' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 5.9B | 5.8B | 8.1B | 11.8B | 20.6B | 21.6B | |
| Enterprise Value | 6.4B | 6.7B | 9.0B | 12.4B | 24.6B | 25.9B |
First Citizens Institutional Holders
Institutional Holdings refers to the ownership stake in First Citizens that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of First Citizens' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing First Citizens' value.| Shares | Dimensional Fund Advisors, Inc. | 2023-12-31 | 186.8 K | Sessa Capital Im Lp | 2023-09-30 | 175.8 K | Alua Capital Management Lp | 2023-12-31 | 148 K | Norges Bank | 2023-12-31 | 126.9 K | Brown Advisory Holdings Inc | 2023-12-31 | 119.3 K | Fuller & Thaler Asset Management Inc | 2023-12-31 | 106.8 K | Alliancebernstein L.p. | 2023-12-31 | 104 K | D. E. Shaw & Co Lp | 2023-09-30 | 102.7 K | Goldman Sachs Group Inc | 2023-12-31 | 93.3 K | Blackrock Inc | 2023-12-31 | 1.3 M | Vanguard Group Inc | 2023-12-31 | 1 M |
First Fundamentals
| Return On Equity | 0.74 | |||
| Return On Asset | 0.071 | |||
| Profit Margin | 1.51 % | |||
| Operating Margin | 0.44 % | |||
| Current Valuation | 28.6 B | |||
| Shares Outstanding | 13.52 M | |||
| Shares Owned By Insiders | 20.87 % | |||
| Shares Owned By Institutions | 66.99 % | |||
| Number Of Shares Shorted | 285.03 K | |||
| Price To Earning | 14.34 X | |||
| Price To Book | 1.12 X | |||
| Price To Sales | 2.97 X | |||
| Revenue | 11.59 B | |||
| Gross Profit | 4 B | |||
| EBITDA | 971 M | |||
| Net Income | 11.47 B | |||
| Cash And Equivalents | 7.14 B | |||
| Cash Per Share | 446.11 X | |||
| Total Debt | 38.53 B | |||
| Debt To Equity | 9.96 % | |||
| Book Value Per Share | 1,403 X | |||
| Cash Flow From Operations | 2.71 B | |||
| Short Ratio | 3.43 X | |||
| Earnings Per Share | 784.59 X | |||
| Target Price | 1842.0 | |||
| Number Of Employees | 15.71 K | |||
| Beta | 0.88 | |||
| Market Capitalization | 23.38 B | |||
| Total Asset | 215.16 B | |||
| Retained Earnings | 16.74 B | |||
| Annual Yield | 0 % | |||
| Five Year Return | 0.31 % | |||
| Net Asset | 215.16 B | |||
| Last Dividend Paid | 3.89 |
About First Citizens Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Citizens BancShares's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Citizens using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Citizens BancShares based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectCheck out First Citizens Piotroski F Score and First Citizens Valuation analysis. Note that the First Citizens BancShares information on this page should be used as a complementary analysis to other First Citizens' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for First Stock analysis
When running First Citizens' price analysis, check to measure First Citizens' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Citizens is operating at the current time. Most of First Citizens' value examination focuses on studying past and present price action to predict the probability of First Citizens' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Citizens' price. Additionally, you may evaluate how the addition of First Citizens to your portfolios can decrease your overall portfolio volatility.
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Is First Citizens' industry 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 1.061 | Dividend Share 3.89 | Earnings Share 784.59 | Revenue Per Share 523.407 | Quarterly Revenue Growth 0.986 |
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.