First Citizens (FCNCA) | News Based Sentiment Analysis

• On October 1, 2025, First Citizens BancShares announced it will report its financial results for the quarter ended September 30, 2025, before U.S. financial markets open on October 23, 2025, with a conference call to follow at 9 a.m. Eastern time. This is a standard event for investors, providing a key date to watch for performance updates.
• TD Cowen maintained a "Buy" rating on First Citizens BancShares on October 1, 2025, but lowered the price target from $2,400 to $2,100, a $300 reduction. While still positive, this adjustment suggests some caution regarding near-term price appreciation.
• Shares of First Citizens BancShares (FCNCA) entered oversold territory on October 2, 2025, trading as low as $1721.895 with an RSI of 28.2, indicating a potential buying opportunity for some investors. The stock offered a dividend yield of 0.44% based on a share price of $1759.77 and a $7.80 annual dividend.
• Truist Securities lowered its price target to $2,000 from $2,240 on October 3, 2025, while maintaining a "Hold" rating, reflecting a 10.71% reduction. This adjustment was largely due to a potential $84 million charge-off related to the bankruptcy of First Brands, which could reduce 2025 EPS by 1% to 3%.
• Also on October 3, 2025, HB Wealth Management LLC decreased its position in First Citizens BancShares by 18.8%, selling 170 shares, leaving them with a $1,434,000 stake. However, other institutional investors, including SVB Wealth LLC, Community Bank N.A., and Wayfinding Financial LLC, acquired new positions totaling approximately $133,000.
• Truist Securities also revised its 2026 EPS forecast down by 4% to $178.00, factoring in projected interest rate cuts. They anticipate four rate cuts next year, which could create a 20 basis point headwind to net interest margin from Q4 2025 to Q4 2026.

The Investment Story: October 2025 brought a mix of signals for First Citizens BancShares, with analyst adjustments reflecting concerns about potential credit losses and interest rate headwinds, alongside some institutional buying activity. The upcoming earnings report on October 23rd will be crucial for clarifying the impact of these factors.

What It Means for Investors: The lowered price targets and EPS estimates suggest a more cautious outlook for the stock. While the oversold condition might attract some buyers, investors should carefully consider the potential impact of the First Brands bankruptcy and the anticipated interest rate cuts on future earnings.

Looking Ahead: Investors should closely watch the October 23, 2025, earnings call for details on the First Brands exposure and management's outlook for net interest margin in a declining rate environment. Monitoring institutional activity will also be important.

The Bottom Line: October presented a mixed bag for First Citizens BancShares, with analyst downgrades and institutional selling offset by oversold conditions and new institutional interest. The upcoming earnings report will be a key catalyst, and investors should prepare for potential volatility as the company navigates credit risks and interest rate pressures.