First Citizens BancShares (NASDAQ:FCNCA) reported its Q3 earnings results on Thursday, October 27, 2022 at 06:30 AM.
Here’s what investors need to know about the announcement.
Earnings
First Citizens BancShares beat estimated earnings by 19.03%, reporting an EPS of $20.77 versus an estimate of $17.45.
Revenue was up $448.11 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $1.74 which was followed by a 2.14% increase in the share price the next day.
Here’s a look at First Citizens BancShares’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 15.12 | 13.76 | 5.95 | 11.48 |
| EPS Actual | 16.86 | 18.95 | 12.09 | 12.17 |
| Revenue Estimate | 959.36M | 921.96M | 457.80M | 454.43M |
| Revenue Actual | 700.00M | 649.00M | 357.40M | 346.89M |
To track all earnings releases for First Citizens BancShares visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
