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First Citizens Bancshares (TN) (First Citizens Bancshares (TN)) Enterprise Value : $756 Mil (As of Apr. 26, 2024)


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What is First Citizens Bancshares (TN) Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, First Citizens Bancshares (TN)'s Enterprise Value is $756 Mil. First Citizens Bancshares (TN)'s Revenue for the trailing twelve months (TTM) ended in Dec. 2018 was $1,582 Mil. Therefore, First Citizens Bancshares (TN)'s EV-to-Revenue ratio for today is 0.48.


First Citizens Bancshares (TN) Enterprise Value Historical Data

The historical data trend for First Citizens Bancshares (TN)'s Enterprise Value can be seen below:

* 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.

* Premium members only.

First Citizens Bancshares (TN) Enterprise Value Chart

First Citizens Bancshares (TN) Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 608.67 703.82 864.63 1,341.76 760.93

First Citizens Bancshares (TN) Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,341.76 1,126.15 1,228.36 1,422.42 760.93

Competitive Comparison of First Citizens Bancshares (TN)'s Enterprise Value

For the Banks - Regional subindustry, First Citizens Bancshares (TN)'s Enterprise Value, along with its competitors' market caps and Enterprise Value 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 (TN)'s Enterprise Value Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Citizens Bancshares (TN)'s Enterprise Value distribution charts can be found below:

* The bar in red indicates where First Citizens Bancshares (TN)'s Enterprise Value falls into.



First Citizens Bancshares (TN) Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

First Citizens Bancshares (TN)'s Enterprise Value for the fiscal year that ended in Dec. 2018 is calculated as

First Citizens Bancshares (TN)'s Enterprise Value for the quarter that ended in Dec. 2018 is calculated as

* 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 (TN)  (OTCPK:FIZN) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

First Citizens Bancshares (TN)'s EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=756.154/1582.496
=0.48

First Citizens Bancshares (TN)'s current Enterprise Value is $756 Mil.
First Citizens Bancshares (TN)'s Revenue for the trailing twelve months (TTM) ended in Dec. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,582 Mil.

* 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 (TN) Enterprise Value Related Terms

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First Citizens Bancshares (TN) (First Citizens Bancshares (TN)) Business Description

Traded in Other Exchanges
N/A
Address
4300 Six Forks Road, Raleigh, NC, USA, 27609
First Citizens Bancshares Inc (TN) is a financial holding company. The bank offers various services such as checking accounts, savings accounts, mobile and tablet banking, digital banking, loans, insurance and other banking services. The company operates its business in four segments, 1) General Banking which offers a full suite of deposit products, loans, cash management, wealth, payments and various other fee-based services., 2) Commercial Banking segment provides a range of lending, leasing, capital markets, asset management and other financial and advisory services to small and middle market companies, 3) Rail offers customized leasing and financing solutions on a fleet of railcars and locomotives to railroads and shippers throughout North America and 4) Corporate.

First Citizens Bancshares (TN) (First Citizens Bancshares (TN)) Headlines