First Citizens BancShares, Inc.
FCNCAFinancial Services · Banks - Regional · Stock · quarterly payer
Forward Yield
0.41%
Annual Dividend
$8.40
Payout Ratio
4%
5-Yr Growth
36.6%
Ex-Date
Aug 31, 2026
Frequency
Quarterly
Summary
As of September 2026, First Citizens BancShares, Inc. (FCNCA) yields 0.41% ($8.40 per share annually), with a blended fair-value estimate of $5,287.78 — +150% upside, so it screens as undervalued. Dividend safety grade: A (94/100). 3 years of dividend growth.
Is FCNCA a good dividend stock?
YesFirst Citizens BancShares, Inc. (FCNCA) pays a quarterly dividend yielding 0.41% ($8.40/yr), with 3 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (4%)
- Strong 36.6% 5-yr dividend growth
- 159% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 0.41%
- Payout Ratio
- 4%
- Annual Dividend
- $8.40
- 5-Yr Avg Growth
- 36.6%
- Ex-Dividend Date
- Aug 31, 2026
- Years of Growth
- 3
- Frequency
- quarterly
- Beta
- 0.60
- Market Cap
- $23.1B
- P/E Ratio
- 11.0
- 5-Yr Total Return
- 159%
- 52-Week Range
- $1,623.76 – $2,296.30
- Dividend Safety
- A · 94/100
- Ever Cut?
- No
Frequently Asked Questions
FCNCA Price — Last 12 Months
Daily close
Price Return
1 Year
+16%
3 Years
+53%
5 Years
+159%
52-Week Range
$1,623.76 – $2,296.30
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is FCNCA worth?
Undervaluedlow confidenceOur blended fair-value estimate for First Citizens BancShares, Inc. is $5,287.78 per share, versus a market price of $2,111.89. That implies 150% of upside — a margin of safety of about 60%.
Fair Value
$5,287.78
Current Price
$2,111.89
Upside
+150%
Margin of Safety
60%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 1.2% annual free-cash-flow growth. We model 14.9% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.3% discount rate (CAPM), 14.9% stage-1 growth, 2.5% terminal growth, $186.48 EPS, $8.40 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
FCNCA Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full FCNCA dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 31, 2026 | — | $2.1000 | regular |
| May 29, 2026 | — | $2.1000 | regular |
| Feb 27, 2026 | — | $2.1000 | regular |
| Nov 28, 2025 | — | $2.1000 | regular |
| Aug 29, 2025 | — | $1.9500 | regular |
| May 30, 2025 | — | $1.9500 | regular |
| Feb 28, 2025 | — | $1.9500 | regular |
| Nov 29, 2024 | — | $1.9500 | regular |
| Aug 30, 2024 | — | $1.6400 | regular |
| May 31, 2024 | — | $1.6400 | regular |
| Feb 28, 2024 | — | $1.6400 | regular |
| Nov 29, 2023 | — | $1.6400 | regular |
| Aug 30, 2023 | — | $0.7500 | regular |
| May 30, 2023 | — | $0.7500 | regular |
Income Calculator
At $8.40 / yr per share
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