First Citizens BancShares, Inc. Depositary Shares, each representing a 1/40th interest in a share of 6.625% Non-Cumulative Perpetual Preferred Stock, Series E
First Citizens BancShares, Inc. Depositary Shares, each representing a 1/40th interest in a share of 6.625% Non-Cumulative Perpetual Preferred Stock, Series E Fundamental Analysis
First Citizens BancShares, Inc. Depositary Shares, each representing a 1/40th interest in a share of 6.625% Non-Cumulative Perpetual Preferred Stock, Series E (FCNCN) shows moderate financial fundamentals with a PE ratio of 0.14, profit margin of 15.51%, and ROE of 9.94%. The company generates $1036.1B in annual revenue with N/A year-over-year growth of N/A.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 52.3/100 based on profitability, valuation, growth, and balance sheet metrics. The C grade reflects average fundamentals, with notable risks in certain areas.
Fundamental Health Score
We analyze FCNCN's fundamental strength across five key dimensions:
Efficiency Score
WeakFCNCN struggles to generate sufficient returns from assets.
Valuation Score
ExcellentFCNCN trades at attractive valuation levels.
Growth Score
WeakFCNCN faces weak or negative growth trends.
Financial Health Score
WeakFCNCN carries high financial risk with limited liquidity.
Profitability Score
ModerateFCNCN maintains healthy but balanced margins.
Key Financial Metrics
Is FCNCN Expensive or Cheap?
P/E Ratio
FCNCN trades at 0.14 times earnings. This suggests potential undervaluation.
PEG Ratio
When adjusting for growth, FCNCN's PEG of -0.07 indicates potential undervaluation.
Price to Book
The market values First Citizens BancShares, Inc. Depositary Shares, each representing a 1/40th interest in a share of 6.625% Non-Cumulative Perpetual Preferred Stock, Series E at 0.01 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at 2.14 times EBITDA. This is generally considered low.
How Well Does FCNCN Make Money?
Net Profit Margin
For every $100 in sales, First Citizens BancShares, Inc. Depositary Shares, each representing a 1/40th interest in a share of 6.625% Non-Cumulative Perpetual Preferred Stock, Series E keeps $15.51 as profit after all expenses.
Operating Margin
Core operations generate 20.89 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $9.94 in profit for every $100 of shareholder equity.
ROA
First Citizens BancShares, Inc. Depositary Shares, each representing a 1/40th interest in a share of 6.625% Non-Cumulative Perpetual Preferred Stock, Series E generates $0.96 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
First Citizens BancShares, Inc. Depositary Shares, each representing a 1/40th interest in a share of 6.625% Non-Cumulative Perpetual Preferred Stock, Series E produces operating cash flow of $212.91B, showing steady but balanced cash generation.
Free Cash Flow
First Citizens BancShares, Inc. Depositary Shares, each representing a 1/40th interest in a share of 6.625% Non-Cumulative Perpetual Preferred Stock, Series E produces free cash flow of $99.14B, offering steady but limited capital for shareholder returns and expansion.
FCF Per Share
Each share generates $110.09 in free cash annually.
FCF Yield
FCNCN converts 6.11% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
0.14
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
-0.07
vs 25 benchmark
P/B Ratio
Price to book value ratio
0.01
vs 25 benchmark
P/S Ratio
Price to sales ratio
1.57
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
1.63
vs 25 benchmark
Current Ratio
Current assets to current liabilities
0.32
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.10
vs 25 benchmark
ROA
Return on assets percentage
0.010
vs 25 benchmark
ROCE
Return on capital employed
0.05
vs 25 benchmark
How FCNCN Stacks Against Its Sector Peers
| Metric | FCNCN Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 0.14 | 18.89 | Better (Cheaper) |
| ROE | 9.94% | 818.00% | Weak |
| Net Margin | 15.51% | 2453.00% | Weak |
| Debt/Equity | 1.63 | 0.94 | Weak (High Leverage) |
| Current Ratio | 0.32 | 692.63 | Weak Liquidity |
| ROA | 0.96% | -24468.00% (disorted) | Weak |
FCNCN outperforms its industry in 1 out of 6 key metrics, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews First Citizens BancShares, Inc. Depositary Shares, each representing a 1/40th interest in a share of 6.625% Non-Cumulative Perpetual Preferred Stock, Series E's 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
N/A
Industry Style: Value, Dividend, Cyclical
EPS CAGR
N/A
Industry Style: Value, Dividend, Cyclical
FCF CAGR
N/A
Industry Style: Value, Dividend, Cyclical