First Citizens BancShares is preparing to release its fourth-quarter earnings, with expectations pointing towards a slight decline in per-share earnings compared to the prior year. Despite this, the company's revenue is anticipated to see a modest increase. This financial update follows a period of adjusted analyst ratings and price targets, indicating a cautious but varied sentiment within the investment community regarding the company's near-term performance. Additionally, a key executive retirement has been announced, which may also factor into market perceptions.
Anticipated Financial Performance and Executive Transition
First Citizens BancShares Inc. is scheduled to disclose its financial results for the fourth quarter on Friday, January 23, prior to the market's opening. Current analyst consensus suggests the company will report quarterly earnings of $43.91 per share. This figure represents a slight reduction from the $45.1 per share recorded in the corresponding period of the previous year. Concurrently, projections for the company's quarterly revenue stand at $2.29 billion, an increase from $2.23 billion reported a year earlier, according to data compiled from financial intelligence platforms.
In addition to the forthcoming earnings report, First Citizens BancShares made an announcement on January 14 regarding the retirement of Lorie K. Rupp, who has served as executive vice president and chief risk officer. This leadership change occurs as the company prepares to navigate its next financial quarter. On the trading floor, shares of First Citizens BancShares experienced a 1% gain, closing at $2,203.53 on Thursday. This movement in share price reflects the market's ongoing response to company news and broader economic indicators, positioning the stock for scrutiny as earnings are released.
Analyst Revisions and Market Sentiment
Leading up to the earnings announcement, a number of analysts have adjusted their ratings and price targets for First Citizens BancShares. On January 5, 2026, Barclays analyst Jason Goldberg reiterated an "Equal-Weight" rating, while simultaneously increasing the price target from $2,190 to $2,456. Goldberg maintains a 62% accuracy rate in their assessments. Following this, on December 30, 2025, Citigroup's Benjamin Gerlinger maintained a "Neutral" stance, raising the price target from $2,000 to $2,250, with an accuracy rate of 58%.
Further adjustments include Truist Securities analyst Brian Foran, who upheld a "Hold" rating and elevated the price target from $2,000 to $2,050 on October 28, 2025, noting an impressive 78% accuracy rate. Conversely, Keefe, Bruyette & Woods analyst Christopher Mcgratty, despite maintaining an "Outperform" rating, reduced the price target from $2,100 to $2,050 on October 24, 2025, with an accuracy rate of 74%. In a similar vein, Piper Sandler analyst Stephen Scouten kept a "Neutral" rating but cut the price target from $2,150 to $2,000 on the same date, demonstrating a 75% accuracy rate. These varied revisions highlight the dynamic nature of market expectations and the diverse analytical perspectives on First Citizens BancShares' future stock performance.