Press release content from Globe Newswire. The AP news staff was not involved in its creation.
First Citizens Bank Forecast Shows Business Growth Confidence Back to Pre-Pandemic Levels
First Citizens BankMay 3, 2021 GMT
RALEIGH, N.C., May 03, 2021 (GLOBE NEWSWIRE) Small business owners have indicated a renewed sense of confidence for growth in their businesses during the year ahead despite the ongoing global pandemic, according to a new survey.
The seventh annual First Citizens Bank Small Business Forecast found nearly 80% of respondents polled are confident or very confident in business growth over the next 12 months, which is a 9% increase since September 2020 and a return to pre-pandemic levels.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
First Citizens BancShares Reports Earnings for First Quarter 2021
First Citizens BancShares, Inc.April 28, 2021 GMT
RALEIGH, N.C., April 28, 2021 (GLOBE NEWSWIRE) First Citizens BancShares Inc. (“BancShares”) (Nasdaq: FCNCA) reported strong earnings for the first quarter of 2021. Key results for the quarter ended March 31, 2021, are presented below:
FIRST QUARTER RESULTS
Net income was $147.3 million for the first quarter of 2021, an increase of $90.1 million, or by 157.7%, compared to the same quarter in 2020. Net income per common share increased to $14.53 for the first quarter of 2021, from $5.46 per share for the same quarter in 2020.
NEW YORK, NY / ACCESSWIRE / April 28, 2021 / First Citizens BancShares, Inc. (North Carolina) (OTC:FCNCB) will be discussing their earnings results in their .
First Citizens: Q1 Earnings Snapshot
April 28, 2021
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The bank, based in Raleigh, North Carolina, said it had earnings of $14.53 per share.
The bank posted revenue of $492 million in the period. Its revenue net of interest expense was $476.3 million, beating Street forecasts.
First Citizens shares have climbed 54% since the beginning of the year. The stock has more than doubled in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FCNCA at https://www.zacks.com/ap/FCNCA Top Picks In Shopping
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