First Citizens BancShares FCNCA reported its Q1 earnings results on Wednesday, May 10, 2023 at 06:31 AM.
Here's what investors need to know about the announcement.
Earnings
First Citizens BancShares missed estimated earnings by 0.4%, reporting an EPS of $20.09 versus an estimate of $20.17.
Revenue was up $201.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.83 which was followed by a 0.21% increase in the share price the next day.
Here's a look at First Citizens BancShares's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 21.77 | 17.45 | 15.12 | 13.76 |
| EPS Actual | 20.94 | 20.77 | 16.86 | 18.95 |
| Revenue Estimate | 1.11B | 1.03B | 959.36M | 921.96M |
| Revenue Actual | 802.00M | 795.00M | 700.00M | 649.00M |
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 21.77 | 17.45 | 15.12 | 13.76 |
| EPS Actual | 20.94 | 20.77 | 16.86 | 18.95 |
| Revenue Estimate | 1.11B | 1.03B | 959.36M | 921.96M |
| Revenue Actual | 802.00M | 795.00M | 700.00M | 649.00M |
To track all earnings releases for First Citizens BancShares visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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