• Analysts estimate First Citizens BancShares, Inc. (NASDAQ:FCNCA)'s EPS to be $39.32 to $39.46 for the quarter ending December 2024, indicating a 15.3% decline year-over-year.
• Revenue projections stand at approximately $2.26 billion, marking a 9% decrease from the previous year.
• The company's financial metrics such as a P/E ratio of 12.31 and a current ratio of 87.30 highlight its valuation and liquidity.

First Citizens BancShares, Inc. (NASDAQ:FCNCA) is a financial services company that provides a range of banking services. It operates primarily in the United States and competes with other major banks in the industry. As FCNCA prepares to release its quarterly earnings on January 24, 2025, analysts have set their expectations for the company's financial performance.

Wall Street analysts estimate FCNCA's earnings per share (EPS) to be $39.32, while other projections suggest a slightly higher EPS of $39.46 for the quarter ending December 2024. This represents a 15.3% decline compared to the same period last year. Despite this decline, the stability in EPS estimates over the past 30 days indicates that analysts have not adjusted their expectations, which can influence investor actions.

Revenue projections for FCNCA are approximately $2.26 billion, with some analysts anticipating a slightly lower figure of $2.23 billion. This marks a 9% decrease from the previous year. The company's price-to-earnings (P/E) ratio of 12.31 reflects the market's valuation of its earnings, while its price-to-sales ratio of 2.14 indicates its market value relative to sales.

FCNCA's financial metrics provide insight into its valuation and financial health. The enterprise value to sales ratio is 4.67, and the enterprise value to operating cash flow ratio is 23.99, offering perspectives on the company's valuation in relation to sales and cash flow. The earnings yield of 8.13% suggests a return on investment, while the debt-to-equity ratio of 1.63 indicates financial leverage.

The company's current ratio is notably high at 87.30, suggesting strong liquidity. As highlighted by Zacks Investment Research, FCNCA is anticipated to surpass earnings estimates, which could lead to positive stock movement if actual results exceed expectations. The management's discussion during the earnings call will be crucial in assessing the sustainability of any immediate price changes and future earnings expectations.