FCNCB News and Press, First Citizens BancShares Inc

2023-05-03 04:30:00 ET Summary We have tracked First Citizens for several years. FCNCA deeply understands the rewards of operating within limits during periods of excess, or "taking the road less traveled." We think First Citizens is in an even superior capital position than t...

2023-05-01 12:11:04 ET Summary JPMorgan won the rushed auction to acquire First Republic and prevent another messy bank failure after First Republic experienced a fatal level of deposit outflows and a mismatched balance sheet. JPMorgan is acquiring loans and securities from First ...

2023-04-12 23:20:00 ET Summary We are value investors. In constructing portfolios for our clients, we seek out companies that we believe are trading in the market at significant discounts to their underlying value. These businesses must offer significant profit potential and be run by...

2023-04-11 01:42:36 ET The following slide deck was published by First Citizens BancShares, Inc. in conjunction with this event. For further details see: First Citizens Bank Announces Acquisition of Silicon Valley Bridge Bank, N.A.

2023-04-10 17:00:00 ET Summary The 2nd & 3rd biggest bank busts in history happened less than a month ago and nobody cares. The Fed and FDIC did a great job with SVB Financial Group and Signature Bank, and that probably reduced moral hazard and protected the economy. Expec...

2023-04-08 08:48:01 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Silicon Valley Bank may have failed, but you can still buy shares in SVB Financial Group (OTCMKTS: SIVBQ ), its parent company. Trading in SVB Financial stock on t...

2023-03-31 07:00:00 ET Summary Kirk Spano highlights small midcap opportunities, including regional banks. Inflation and alternative energy. Bullish on big tech and Bitcoin. Listen to the podcast embedded above or on the go via Apple Podcasts or Spo...

2023-03-31 02:50:00 ET Summary Fund investors were net purchasers of money market funds while being net redeemers of equity funds, taxable bond funds, and tax-exempt fixed income funds for the week. On the domestic equity side of the equation, investors became more risk-seeking fo...

2023-03-28 15:19:10 ET Summary First Citizens BancShares, Inc. trades at 70% of book after the recent run up. During normal times, First Citizens has traded for 1.5 times book value. Management has a track record of buying distressed banks for shareholders' benefit. Histor...

2023-03-28 09:32:34 ET Summary First Citizens BancShares, Inc.'s acquisition of SVB Financial Group's debt portfolio might be lucrative in the long run due to various synergetic and financial reasons. However, the bank's onboarding of additional cyclical risk during a time when cr...