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First Citizens BancShares (First Citizens BancShares) 5-Year Yield-on-Cost %

: 0.72 (As of Today)
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First Citizens BancShares's yield on cost for the quarter that ended in Dec. 2023 was 0.72.


The historical rank and industry rank for First Citizens BancShares's 5-Year Yield-on-Cost % or its related term are showing as below:

FCNCA' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.44   Med: 0.79   Max: 1.54
Current: 0.72


During the past 13 years, First Citizens BancShares's highest Yield on Cost was 1.54. The lowest was 0.44. And the median was 0.79.


FCNCA's 5-Year Yield-on-Cost % is ranked worse than
94.42% of 1201 companies
in the Banks industry
Industry Median: 4.98 vs FCNCA: 0.72

Competitive Comparison

For the Banks - Regional subindustry, First Citizens BancShares's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 Yield-on-Cost % Distribution

For the Banks industry and Financial Services sector, First Citizens BancShares's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where First Citizens BancShares's 5-Year Yield-on-Cost % falls into.



First Citizens BancShares 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of First Citizens BancShares is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

First Citizens BancShares  (NAS:FCNCA) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


First Citizens BancShares 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of First Citizens BancShares's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


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