First Citizens BancShares exceeded expectations in Q3 2026 with solid loan and deposit growth, strong credit quality, and disciplined expenses. The bank returned $600 million to shareholders through share repurchases and repaid $8 billion of its Purchase Money Note. It also completed the acquisition of 138 BMO branches, adding $4.9 billion in deposits and $650 million in loans. The Board approved a new $1.2 billion share repurchase plan through 2027, signaling confidence in long-term value creation and capital return to shareholders.
First Citizens BancShares shares trade at USD 2,230.00 on Pluang as of Oct 23, 2026 17:42 WIB, up 1.51% on the day. The stock's market cap stands at $24.35 billion, reflecting solid investor interest following the announcement of a new $1.2 billion share repurchase plan. This move aligns with the company's recent strong earnings and acquisition activity, signaling confidence in long-term value creation.
