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First Citizens (FCNCA) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
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First Citizens BancShares (FCNCA - Free Report) reported $2.3 billion in revenue for the quarter ended March 2025, representing a year-over-year decline of 6%. EPS of $37.79 for the same period compares to $52.92 a year ago.
The reported revenue represents a surprise of +4.36% over the Zacks Consensus Estimate of $2.2 billion. With the consensus EPS estimate being $37.72, the EPS surprise was +0.19%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how First Citizens performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Efficiency Ratio: 65% compared to the 58.9% average estimate based on five analysts.
Net Interest Margin: 3.3% versus 3.3% estimated by five analysts on average.
Net charge-off ratio: 0.4% versus 0.5% estimated by four analysts on average.
Book value per share: $1,596.30 versus the four-analyst average estimate of $1,575.72.
Nonaccrual loans at period end: $1.21 billion versus $1.21 billion estimated by three analysts on average.
Average Balance - Total interest-earning assets: $206.03 billion compared to the $207.08 billion average estimate based on three analysts.
Net Interest Income: $1.66 billion versus $1.69 billion estimated by five analysts on average.
Total Noninterest Income: $635 million compared to the $491.06 million average estimate based on five analysts.
Cardholder services, net: $41 million versus $41.42 million estimated by three analysts on average.
Merchant services, net: $14 million versus $13.04 million estimated by three analysts on average.
Factoring commissions: $17 million versus $19.80 million estimated by three analysts on average.
Deposit fees and service charges: $58 million versus the three-analyst average estimate of $57.23 million.
Shares of First Citizens have returned -5.6% over the past month versus the Zacks S&P 500 composite's -5.1% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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First Citizens (FCNCA) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
First Citizens BancShares (FCNCA - Free Report) reported $2.3 billion in revenue for the quarter ended March 2025, representing a year-over-year decline of 6%. EPS of $37.79 for the same period compares to $52.92 a year ago.
The reported revenue represents a surprise of +4.36% over the Zacks Consensus Estimate of $2.2 billion. With the consensus EPS estimate being $37.72, the EPS surprise was +0.19%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how First Citizens performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Efficiency Ratio: 65% compared to the 58.9% average estimate based on five analysts.
- Net Interest Margin: 3.3% versus 3.3% estimated by five analysts on average.
- Net charge-off ratio: 0.4% versus 0.5% estimated by four analysts on average.
- Book value per share: $1,596.30 versus the four-analyst average estimate of $1,575.72.
- Nonaccrual loans at period end: $1.21 billion versus $1.21 billion estimated by three analysts on average.
- Average Balance - Total interest-earning assets: $206.03 billion compared to the $207.08 billion average estimate based on three analysts.
- Net Interest Income: $1.66 billion versus $1.69 billion estimated by five analysts on average.
- Total Noninterest Income: $635 million compared to the $491.06 million average estimate based on five analysts.
- Cardholder services, net: $41 million versus $41.42 million estimated by three analysts on average.
- Merchant services, net: $14 million versus $13.04 million estimated by three analysts on average.
- Factoring commissions: $17 million versus $19.80 million estimated by three analysts on average.
- Deposit fees and service charges: $58 million versus the three-analyst average estimate of $57.23 million.
View all Key Company Metrics for First Citizens here>>>Shares of First Citizens have returned -5.6% over the past month versus the Zacks S&P 500 composite's -5.1% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.