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Enter Symbol:
First Citizens Bancshares, Inc. (FCNCA) [hlAlert]

up 54.64 %

First Citizens Bancshares, Inc. (FCNCA) rated Outperform with price target $205 by FBR Capital

Posted on: Friday,  Nov 20, 2009  10:25 AM ET by FBR Capital

FBR Capital rated Outperform First Citizens Bancshares, Inc. (NASDAQ: FCNCA) on 11/20/2009, when the stock price was $152.72.
Since then, First Citizens Bancshares, Inc. has gained 54.64% as of 08/27/2015's recent price of $236.17.
If you would have followed this FBR Capital's recommendation on FCNCA, you would have gained 54.64% of your investment in 2106 days.

First Citizens BancShares, Inc. (BancShares) is a financial holding company, which provides full-service banking through two wholly owned banking subsidiaries: First-Citizens Bank & Trust Company (FCB) and IronStone Bank (ISB). FCB is a state-chartered bank. ISB is a federally chartered thrift institution. As of December 31, 2008, FCB operated 343 offices in North Carolina, Virginia, West Virginia, Maryland and Tennessee. As of December 31, 2008, ISB had 58 offices in Georgia, Florida, Texas, Arizona, New Mexico, California, Oregon, Washington, Colorado, Oklahoma, Kansas and Missouri. The Company offers commercial and consumer loans, deposit and treasury services products, cardholder and merchant services, wealth management services, as well as various other products and services offered by commercial banks.

FBR Capital uses a highly disciplined analysis focused on intrinsic value, which we developed to critically examine the capital structure of the companies we cover, as well as their competitive positions and the growth opportunities within their industries. We apply this discipline – which helps us assess how effectively a company’s managers deploy the capital entrusted to them – not only in our published research but also when making investing and underwriting judgments.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/20/2009 10:25 AM Buy
152.72 205.00
as of 12/31/2009
1 Week up  20.05 %
1 Month up  24.20 %
3 Months up  28.05 %
1 YTD up  28.05 %

(*) Stock Price at the time of the recommendation.
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