FCNCA (First Citizens BancShares) Dividend Payout Ratio: 0.04 (As of Jun. 2026) — Near Median

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FCNCA First Citizens BancShares Inc FCNCA
75 GF Score
Price $2,169.71
GF Value $2,203.12
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is First Citizens BancShares Dividend Payout Ratio?

First Citizens BancShares FCNCA -1.75% 75 Dividend Payout Ratio is 0.04 as of Jun. 2026, which is at its 10-year median of 0.04. GuruFocus rates FCNCA with a GF Score™ of 75/100 and a GF Value™ of $2,203.12 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,175 Banks companies, First Citizens BancShares ranks better than 98.64% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. First Citizens BancShares's Dividend Payout Ratio for the months ended in Jun. 2026 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: 0.02   Med: 0.04   Max: 0.06
Current: 0.04

During the past 13 years, the highest Dividend Payout Ratio of First Citizens BancShares was 0.06. The lowest was 0.02. And the median was 0.04.

FCNCA's Dividend Payout Ratio is ranked better than
98.64% of 1175 companies
in the Banks industry
Industry Median: 0.32 vs FCNCA: 0.04

As of today (2026-08-20), the Dividend Yield % of First Citizens BancShares is 0.38%.

During the past 13 years, the highest Trailing Annual Dividend Yield of First Citizens BancShares was 0.57%. The lowest was 0.19%. And the median was 0.31%.

First Citizens BancShares's Dividends per Share for the months ended in Jun. 2026 was $2.10.

During the past 12 months, First Citizens BancShares's average Dividends Per Share Growth Rate was 10.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 54.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 42.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 20.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of First Citizens BancShares was 54.40% per year. The lowest was -3.50% per year. And the median was 3.20% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

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

In dividends investing, Dividend 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

First Citizens BancShares Dividend Payout Ratio Historical Data

* Premium members only.

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.

First Citizens BancShares Dividend Payout Ratio Chart

First Citizens BancShares Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.04 0.02 0.04 0.05

First Citizens BancShares Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Dividend Payout Ratio 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 0.04 0.04 0.04 0.05 0.04

FCNCA vs KEY, RF, CFG: Dividend Payout Ratio 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 vs Banks Industry

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.


FCNCA
75GF Score
First Citizens BancShares Inc FCNCA
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Citizens BancShares Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

First Citizens BancShares's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=7.95/ 177.88
=0.04

First Citizens BancShares's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=2.1/ 57.09
=0.04

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.04 mean?
First Citizens BancShares (FCNCA) has a Dividend Payout Ratio of 0.04 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on First Citizens BancShares and its competitors. This is near median its historical median of 0.04. Over the past decade, First Citizens BancShares' Dividend Payout Ratio has ranged from 0.02 to 0.06. According to the industry distribution chart, First Citizens BancShares ranks #16 out of 1175 companies in the Banks industry, placing it in the top 1.4%.
Is First Citizens BancShares' Dividend Payout Ratio too high?
First Citizens BancShares' current Dividend Payout Ratio of 0.04 is near median its 10-year median of 0.04. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.06. The Banks industry median Dividend Payout Ratio is 0.32. First Citizens BancShares' value of 0.04 is 87.5% below this industry median. Based on the distribution chart, First Citizens BancShares ranks #16 out of 1175 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' Dividend Payout Ratio compare to KEY and RF?
According to the Banks industry distribution chart, First Citizens BancShares ranks #16 out of 1175 companies for Dividend Payout Ratio. This places First Citizens BancShares in the top 1% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.32. First Citizens BancShares' value of 0.04 is 87.5% below this benchmark. Historically, First Citizens BancShares' own Dividend Payout Ratio has ranged from 0.02 to 0.06 over the past decade. While the company's 10-year median is 0.04 vs. the industry median of 0.32, First Citizens BancShares has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Banks company?
The median Dividend Payout Ratio among Banks companies is 0.32, based on 1,175 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Citizens BancShares's current Dividend Payout Ratio of 0.04 is 87.5% below 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on First Citizens BancShares and its competitors. For the Banks industry, the median Dividend Payout Ratio is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Citizens BancShares's current Dividend Payout Ratio is 0.04, which is near median its own 10-year median of 0.04. 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 Dividend Payout Ratio is 0.04, which is near median its 10-year median of 0.04 and 87.5% below the Banks industry median of 0.32. 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 Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For First Citizens BancShares (FCNCA), the current Dividend Payout Ratio is 0.04 as of Jun. 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:

  • Dividend Payout Ratio: 0.04 (near median its 10-year median of 0.04)
  • GF Value™: $2,203.12 vs. price of $2,169.71 (1.5% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 87.5% below the Banks median (#16 of 1175)

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 BancShares Business Description

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

Get the complete analysis for FCNCA

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2,169.71
Price
$2,203.12
GF Value