Fintech Float Financial expands banking products for businesses after $100M debt funding [Yahoo! Finance Canada]
First Citizens BancShares, Inc. - Class A (FCNCA)
US:NASDAQ Investor Relations:
firstcitizens.com/about/who-we-are/annual-report
Company Research
Source: Yahoo! Finance Canada
announced on Monday, after raising nearly $100 million through two debt facilities. The Toronto-based fintech platform, which provides financial tools for Canadian businesses, secured funding from Silicon Valley Bank (SVB), a division of First Citizens Bank, along with a tier-1 Canadian bank. Float said the debt facilities will allow it to maintain its high-interest product for business accounts “despite a year of consecutive interest rate cuts from the Bank of Canada ,” while also expanding its credit products (including corporate cards with limits up to $3 million) and other financial tools for companies. “Float is bullish where others may be bearish. We're betting on Canadian businesses,” said co-founder and chief executive Rob Khazzam in a press release. The startup said more than 6,000 Canadian companies use its platform and products, from high-limit corporate cards and automated expense management to bill payments, foreign exchange and business banking. The funding wil
Show less
Read more
Impact Snapshot
Event Time:
FCNCA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FCNCA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FCNCA alerts
High impacting First Citizens BancShares, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
FCNCA
News
- 1 Single Stock That I'd Hold Forever in a TFSA [Yahoo! Finance Canada]Yahoo! Finance Canada
- A Look At First Citizens BancShares (FCNC.A) Valuation After Recent Share Price Momentum [Yahoo! Finance]Yahoo! Finance
- Investment implications of global trade upheaval [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Regional Banks Stocks Q4 Teardown: First Citizens BancShares (NASDAQ:FCNCA) Vs The Rest [Yahoo! Finance]Yahoo! Finance
- First Citizens BancShares (NASDAQ:FCNCA) was given a new $2,325.00 price target on by analysts at UBS Group AG.MarketBeat
FCNCA
Earnings
- 1/23/26 - Beat
FCNCA
Sec Filings
- 2/6/26 - Form CERT
- 2/5/26 - Form 8-A12B
- 2/5/26 - Form 8-K
- FCNCA's page on the SEC website