First Citizens Bancshares traded at $1,768.04 this Friday March 13th, decreasing $54.87 or 3.01 percent since the previous trading session. Looking back, over the last four weeks, First Citizens Bancshares lost 11.18 percent. Over the last 12 months, its price fell by 2.18 percent. Looking ahead, we forecast First Citizens Bancshares to be priced at 1,714.65 by the end of this quarter and at 1,563.94 in one year, according to Trading Economics global macro models projections and analysts expectations.
First Citizens BancShares, Inc. is a holding company of First-Citizens Bank & Trust Company. The Company has four segments. General Banking segment delivers products and services to consumers and businesses through its network of branches and various digital channels. Commercial Banking segment provides a range of lending, leasing, capital markets, asset management and other financial and advisory services, primarily to small and middle market companies in a range of industries, including energy, healthcare, tech media and telecom, asset-backed lending, capital finance, maritime, corporate banking, aerospace and defense, and sponsor finance. Silicon Valley Banking segment offers products and services to commercial clients in key innovation markets, such as the healthcare and technology industries, as well as to private equity and venture capital firms. Rail segment offers customized leasing and financing solutions on a fleet of railcars and locomotives to railroads and shippers.