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First Citizens BancShares's quarterly market cap
declined
from Dec. 2025 ($26,052 Mil) to Mar. 2026 ($22,030 Mil) but then
increased
from Mar. 2026 ($22,030 Mil) to Jun. 2026 ($23,700 Mil).
First Citizens BancShares's annual market cap
increased
from Dec. 2023 ($20,603 Mil) to Dec. 2024 ($28,986 Mil) but then
declined
from Dec. 2024 ($28,986 Mil) to Dec. 2025 ($26,052 Mil).
Enterprise Value is 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 and cash equivalents. First Citizens BancShares's Enterprise Value for Today is $35,708 Mil.
First Citizens BancShares (NAS:FCNCA) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
First Citizens BancShares Market Cap Related Terms
First Citizens BancShares Market Cap Historical Data
* 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.
For the Banks - Regional subindustry, First Citizens BancShares's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Banks Industry
For the Banks industry and Financial Services sector, First Citizens BancShares's Market Cap distribution charts can be found below:
* The bar in red indicates where First Citizens BancShares's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* 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 (FCNCA) has a Market Cap of $24,096 Mil as of Aug. 20, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on First Citizens BancShares and its competitors. According to the industry distribution chart, First Citizens BancShares ranks #117 out of 1541 companies in the Banks industry, placing it in the top 7.6%.
Is First Citizens BancShares' Market Cap too high?
First Citizens BancShares' current Market Cap is $24,096 Mil. The Banks industry median Market Cap is 746.98. First Citizens BancShares' value of $24,096 Mil is 3125.8% above this industry median. Based on the distribution chart, First Citizens BancShares ranks #117 out of 1541 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, First Citizens BancShares has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Citizens BancShares' Market Cap compare to KEY and RF?
According to the Banks industry distribution chart, First Citizens BancShares ranks #117 out of 1541 companies for Market Cap. This places First Citizens BancShares in the top 8% of its industry — outperforming the majority of peers. The industry median Market Cap is 746.98. First Citizens BancShares' value of $24,096 Mil is 3125.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Banks company?
The median Market Cap among Banks companies is 746.98, based on 1,541 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Citizens BancShares's current Market Cap of $24,096 Mil is 3125.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on First Citizens BancShares and its competitors. For the Banks industry, the median Market Cap is 746.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Citizens BancShares's current Market Cap is $24,096 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Citizens BancShares stock overvalued right now?
Based on GuruFocus' analysis, First Citizens BancShares (FCNCA) is currently considered Fairly Valued. The stock's GF Value™ is $2,203.12, compared to a current price of $2,169.71 — trading 1.5% below its estimated fair value. The current Market Cap is $24,096 Mil and 3125.8% above the Banks industry median of 746.98. First Citizens BancShares' overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For First Citizens BancShares (FCNCA), the current Market Cap is $24,096 Mil as of Aug. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is First Citizens BancShares (FCNCA) Overvalued in 2026?
Based on GuruFocus' analysis, First Citizens BancShares stock appears to be undervalued.
The current stock price of $2,169.71 is trading 1.5% below its estimated GF Value™ of $2,203.12.
GuruFocus considers First Citizens BancShares to be Fairly Valued.
Key valuation signals for FCNCA:
Market Cap: $24,096 Mil
GF Value™: $2,203.12 vs. price of $2,169.71 (1.5% below fair value)
Industry Position: 3125.8% above the Banks median (#117 of 1541)
No single metric tells the full story. See the FCNCA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Citizens is a US regional bank with total assets of around $236 billion as of March 31, 2026. Headquartered in Raleigh, North Carolina, First Citizens' largest markets are North Carolina, South Carolina, and California. The bank has a track record of acquiring troubled banks from the FDIC, such as Silicon Valley Bridge Bank in 2023, which doubled its asset base. First Citizens offers products and services across retail, commercial, wealth management, and railcar leasing. First Citizens derived over 95% of its earnings from banking and less than 5% from railcar leasing in 2025.
75GF Score
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