First Citizens BancShares (NASDAQ:FCNCA) reported its Q1 earnings results on Thursday, April 28, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
First Citizens BancShares beat estimated earnings by 21.37%, reporting an EPS of $16.7 versus an estimate of $13.76.
Revenue was up $309.35 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $6.14 which was followed by a 1.19% increase in the share price the next day.
Here's a look at First Citizens BancShares's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 5.95 | 11.48 | 12.11 | |
| EPS Actual | 12.09 | 12.17 | 15.09 | 14.53 |
| Revenue Estimate | 457.80M | 454.43M | 455.10M | 466.91M |
| Revenue Actual | 357.40M | 346.89M | 346.39M | 339.65M |
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.
