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First Citizens BancShares (First Citizens BancShares) 5-Year Dividend Growth Rate

: 18.50% (As of Dec. 2023)
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First Citizens BancShares's Dividends per Share for the three months ended in Dec. 2023 was $1.64.

During the past 12 months, First Citizens BancShares's average Dividends Per Share Growth Rate was 80.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 32.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 18.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of First Citizens BancShares was 32.60% per year. The lowest was -3.50% per year. And the median was 7.00% per year.

First Citizens BancShares's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.04. As of today, First Citizens BancShares's Dividend Yield % is 0.31%.

Good Sign:

First Citizens BancShares Inc stock dividend yield is close to 1-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Banks - Regional subindustry, First Citizens BancShares's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Citizens BancShares 5-Year Dividend Growth Rate Distribution

For the Banks industry and Financial Services sector, First Citizens BancShares's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where First Citizens BancShares's 5-Year Dividend Growth Rate falls into.



First Citizens BancShares 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


First Citizens BancShares  (NAS:FCNCA) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

First Citizens BancShares's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=1.64/ 46.58
=0.04

During the past 13 years, the highest Dividend Payout Ratio of First Citizens BancShares was 0.08. The lowest was 0.01. And the median was 0.04.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

First Citizens BancShares Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.6402024-02-282024-02-292024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 1.6402023-11-292023-11-302023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.7502023-08-302023-08-312023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.7502023-05-302023-05-312023-06-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

First Citizens BancShares's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=4.78/1550.00
=0.31 %

Current Share Price is $1550.00.
First Citizens BancShares's Dividends per Share for the trailing twelve months (TTM) ended in Today is $4.78.

During the past 13 years, the highest Dividend Yield of First Citizens BancShares was 0.66%. The lowest was 0.19%. And the median was 0.34%.

Good Sign:

First Citizens BancShares Inc stock dividend yield is close to 1-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Citizens BancShares 5-Year Dividend Growth Rate Related Terms

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First Citizens BancShares (First Citizens BancShares) Business Description

Traded in Other Exchanges
Address
4300 Six Forks Road, Raleigh, NC, USA, 27609
First Citizens BancShares Inc is the bank holding company of First Citizens Bank & Trust Company. FCB was founded as the Bank of Smithfield in North Carolina and has expanded through both de novo branching and acquisitions. FCB currently operates in nearly half of the continental United States, but principally takes deposits in the Carolinas. The bank's operations have historically been influenced by the Holding family, which has traditionally held executive and director positions, as well as controlling a large percentage of its outstanding stock. FCB provides a wide range of retail and commercial banking services, including traditional lending and deposit-taking, as well as trust and wealth management. FCB's main source of revenue is net interest income.
Executives
Ellen R Alemany director, officer: Vice Chairwoman ONE ADP BOULEVARD, ROSELAND NJ 07068
Carson H Brice 10 percent owner PO BOX 1352, SMITHFIELD NC 27577
Holding Frank B Jr director, officer: President and CAO 4300 SIX FORKS ROAD, RALEIGH NC 27609
Craig L Nix officer: Vice President-Finance 4300 SIX FORKS ROAD, RALEIGH NC 27609
Randolph R Martin officer: Chief Credit Officer-General 4300 SIX FORKS ROAD, RALEIGH NC 27609
Andrew Giangrave officer: Chief Credit Officer 4300 SIX FORKS ROAD, RALEIGH NC 27609
Eugene Jr Flood director 151 DETROIT STREET, DENVER CO 80206
Jeffery L Ward officer: Chief Strategy Officer 4300 SIX FORKS ROAD, RALEIGH NC 27604
Daniel L Heavner director 4300 SIX FORKS ROAD, RALEIGH NC 27609
Marisa Harney officer: Chief Credit Officer C/O CIT GROUP INC., 1 CIT DRIVE, #3251-9, LIVINGSTON NJ 07039
Robert R Hoppe director 4300 SIX FORKS ROAD, RALEIGH NC 27609
Robert T Newcomb director 4300 SIX FORKS ROAD, RALEIGH NC 27609
West Ludwig officer: Chief Human Resources Officer 4300 SIX FORKS ROAD, RALEIGH NC 27609
Michael A Carpenter director 425 PARK AVENUE 2ND FL, NEW YORK NY 10043
Martin Matthew G. T. officer: Chief Counsel 4300 SIX FORKS ROAD, RALEIGH NC 27609