Purchase by Craig Nix of tradable shares of First Citizens

First Citizens financial leverage refers to using borrowed capital as a funding source to finance First Citizens BancShares ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. First Citizens financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to First Citizens' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of First Citizens' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between First Citizens's total debt and its cash.

First Citizens Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing First Citizens previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show First Citizens Gross Profit growth over the last 10 years. Please check First Citizens' gross profit and other fundamental indicators for more details.