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
$22.15▲ 0.23% today
Market Closed
Why 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) stock moved
Updated Oct 24, 2026
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) shares rose 0.2% to $22.15 as of October 24, 2026, a slight gain from the prior close of $22.10. BestStocks flagged the session as a major change for FCNCN. The move is tied to an earnings beat. Below, we break down what changed for FCNCN, why it matters for investors, how the stock reacted, and the catalysts on the calendar.
What happened
Earnings Beat
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) reported EPS of $55.37 vs. consensus estimate of $46.18, beating by 19.9% for Q3 FY2026 on October 23, 2026. FCNCN's next earnings are scheduled for January 22, 2027, with a consensus EPS estimate of $48.61.
This summary describes the catalyst and move as first detected on Oct 23, 2026, 10:15 AM EDT; the stock has continued trading since, so the current price and percentage move (shown above) may be larger or smaller than the figures here.
Material / EarningsMedium confidence
Rel. volume
2.5×
Very High
Vs peers
—
No comparable peers
Market cap
$354M
NASDAQ Global Select
Earnings in
90d
2027-01-22 (est.)
Price chart
Sep 23 – Oct 23
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details
What it means for 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 investors
For 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 investors, the balance of recent signals points to a bullish shift. On the constructive side: Earnings beat with positive market reaction; Positive 0.2% session move. Weighing against that: FCNCN declined 2.07% to $23.60 on elevated intraday volume (2.79x expected level at this time of day, 23,705 shares); FCNCN declined 1.21% to $24.40, primarily driven by macro-level factors and interest rate expectations affecting First Citizens BancShares, the parent company. BestStocks rates the overall signal quality medium (62/100). With earnings roughly 90 days out, the next report is the most likely near-term test of the move.
FCNCN price reaction
FCNCN last traded at $22.15, up $0.05 (+0.23%) from the previous close of $22.10. The session traded on 2.5× average volume (very high), so the move carried above-average conviction. Over the past month the stock has ranged between $22.10 and $23.67, and it currently sits about 3% of the way up that band.
The bull and bear case for FCNCN stock
▲Latest catalyst·strengthens the bull case
The latest catalyst — an earnings beat the market rewarded — it strengthens the bull case.
Weighing the constructive signals against the risks, here is how the bull and bear case for 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) lines up on the latest data.
▲ The bullish case
+Earnings beat with positive market reaction.
+Positive 0.2% session move.
+Volume 2.5x average — institutional conviction.
+FCNCN declined 0.35% to $22.88 as part of sector-wide profit-taking in regional banking stocks following a strong rally earlier in the week (CNBC, Yahoo Finance).
+Positive price momentum.
▼ The bearish case
−FCNCN declined 2.07% to $23.60 on elevated intraday volume (2.79x expected level at this time of day, 23,705 shares).
−FCNCN declined 1.21% to $24.40, primarily driven by macro-level factors and interest rate expectations affecting First Citizens BancShares, the parent company.
Bull vs bear balanceBullish Shift
BearishNeutralBullish
The latest catalyst moved the balance toward the bulls — the hollow tick marks where it sat before.
Weighing both sides, BestStocks' composite read of recent signals is bullish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.
First Citizens BancShares reported Q3 2026 earnings today that significantly beat expectations—adjusted EPS of $55.37 versus consensus of $46.61 (18.8% beat) and revenues of $2.43B up 8% year-over-year, per Zacks and company investor relations. The strong parent-company results lifted FCNCN (the Series E preferred shares) +2.46% to $22.64 on elevated volume of 70,323 shares (4.5x typical for this time of day).
Material / Earnings2026-10-22-0.7%
FCNCN moved -0.67% from $22.25 to $22.10 on 2026-10-22, reaching a new 30-day low. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume was near its 5-day average, suggesting modest trading activity.
Material / Earnings2026-10-21-1.3%
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) moved -1.68% from $22.63 to $22.25 on 2026-10-21. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move coincides with a new 30-day low, though volume remained near its 5-day average.
Material / Earnings2026-10-20-0.7%
First Citizens BancShares, Inc. Depositary Shares, Series E (FCNCN) moved −0.44% to $22.55 on 2026-10-20. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move coincided with a new 30-day low and volume 1.4× the 5-day average.
Material / Earnings2026-10-19+0.0%
FCNCN moved -0.53% from its $22.82 open to a $22.70 close on 2026-10-19.
FCNCN declined 0.35% to $22.88 as part of sector-wide profit-taking in regional banking stocks following a strong rally earlier in the week (CNBC, Yahoo Finance). Investors are rotating out of banking equities ahead of First Citizens' Q3 2026 earnings release on October 23, with volume elevated at 10x the time-adjusted average, signaling active repositioning rather than passive drift.
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 moved -2.01% intraday from $23.37 to $22.90. First Citizens BancShares Preferred Series E (FCNCN) stock is down 2.01% today due to a combination of broader regional banking sector headwinds and shifts in macroeconomic conditions rather than company-specific negative news. ## First Ctzns Bancshares Del Dep Sh Repstg 1 40Th Int Non Cum Perp Pfd Ser E (FCNCN) $22.90 -2.01% today As of Oct 5, 10:10 AM EDT • Disclaimer 9:35 AM 9:45 AM 9:55 AM 10:05 AM 23 23.2 23.4 Prev close $23.37 Oct 5, 2026 9:35 AM - 10:10 AM 1D 5D 1M 6M YTD 1Y 5Y Max| Open 23.43 | Mkt cap $23.17B USD | 52-wk high 25.64 | | High 23.43 | P/E ratio- | 52-wk low 22.52 | | Low 22.90 | Div yield- | Several key market dynamics are driving the decline: - Interest Rate & Profitability Pressures: Financial institutions have seen increased short-term borrowing costs following recent monetary policy adjustments. This environment continues to compress net interest margins for regional players, raising investor concerns regarding sector-wide profitability heading into the upcoming Q3 earnings cycle. - Sector-Wide Credit Anxieties: The regional banking sector has experienced heightened scrutiny following credit deterioration, loan defaults, and specific borrower distress at
Material / Earnings2026-10-01+3.0%
FCNCN moved +3.63% from $22.84 to $23.67 on 2026-10-01. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume remained near its 5-day average, suggesting the move occurred on routine trading.
In-depth FCNCN event analyses
Permanent, dated analyses of FCNCN's most significant sessions.
Why did 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) stock move?
FCNCN rose 0.2% to $22.15. The move is associated with an earnings beat.
How much did FCNCN stock rise?
FCNCN gained 0.23% ($0.05) versus the prior close of $22.10, last trading at $22.15 on 2.5× average volume.
When is 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 next earnings date?
FCNCN's next earnings report is estimated for 2027-01-22 — about 90 days away.
How BestStocks tracks FCNCN
This page is generated automatically by BestStocks' change-detection system after an earnings beat was detected and verified against independent data sources. It draws on 20 tracked change events for FCNCN, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of October 24, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.
