First Citizens BancShares (First Citizens BancShares) Dividend Payout Ratio

: 0.04 (As of Dec. 2023)

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First Citizens BancShares's dividend payout ratio for the months ended in Dec. 2023 was 0.04.

The historical rank and industry rank for First Citizens BancShares's Dividend Payout Ratio or its related term are showing as below:

FCNCA' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.08
Current: 0.01

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.

FCNCA's Dividend Payout Ratio is ranked better than
99.91% of 1097 companies
in the Banks industry
Industry Median: 0.33 vs FCNCA: 0.01

As of today (2024-04-15), the Dividend Yield % of First Citizens BancShares is 0.30%.

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

First Citizens BancShares's Dividends per Share for the 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.

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.

The growth rate is calculated with least square regression.

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

First Citizens BancShares Dividend Payout Ratio Historical Data

The historical data trend for First Citizens BancShares's Dividend Payout Ratio 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.04

0.03

0.04

0.02

First Citizens BancShares Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.04	0.01	0.01	0.01	0.04

Competitive Comparison

For the Banks - Regional subindustry, First Citizens BancShares's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

For the Banks industry and Financial Services sector, First Citizens BancShares's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where First Citizens BancShares's Dividend Payout Ratio falls into.

First Citizens BancShares Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	3.89	/	175.22
	=	0.02

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

First Citizens BancShares (NAS:FCNCA) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

First Citizens BancShares Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of First Citizens BancShares's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

First Citizens BancShares (First Citizens BancShares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Citizens BancShares Inc (NAS:FCNCA) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

FCNCO.PFD:USA FCNCP.PFD:USA FCNCB:USA

Address

4300 Six Forks Road, Raleigh, NC, USA, 27609

Website

https://www.firstcitizens.com

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