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First Citizens BancShares (First Citizens BancShares) Market Cap : $25,307 Mil (As of Apr. 28, 2024)


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What is First Citizens BancShares Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). First Citizens BancShares's share price for the quarter that ended in Dec. 2023 was $1285. First Citizens BancShares's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 15 Mil. Therefore, First Citizens BancShares's market cap for the quarter that ended in Dec. 2023 was $18,658 Mil.

First Citizens BancShares's quarterly market cap increased from Jun. 2023 ($16,625 Mil) to Sep. 2023 ($17,134 Mil) and increased from Sep. 2023 ($17,134 Mil) to Dec. 2023 ($18,658 Mil).

First Citizens BancShares's annual market cap increased from Dec. 2021 ($7,225 Mil) to Dec. 2022 ($9,748 Mil) and increased from Dec. 2022 ($9,748 Mil) to Dec. 2023 ($18,658 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 $32,238 Mil.


First Citizens BancShares Market Cap Historical Data

The historical data trend for First Citizens BancShares's Market Cap 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 Market Cap Chart

First Citizens BancShares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,623.94 5,104.53 7,224.87 9,748.17 18,658.33

First Citizens BancShares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap 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 12,951.84 16,625.40 17,133.86 18,658.33 21,794.55

Competitive Comparison of First Citizens BancShares's Market Cap

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's Market Cap Distribution in the 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.



First Citizens BancShares Market Cap Calculation

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.

First Citizens BancShares's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$1285*14.5201
=$18,658

First Citizens BancShares's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$1285*14.5201
=$18,658

* 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  (OTCPK:FCNCB) 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 company’s 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

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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.