Jefferies Trading Surge Bodes Well for Wall Street Heavy-Hitters [BNN Bloomberg (Canada)]
First Citizens BancShares, Inc. - Class A (FCNCA)
US:NASDAQ Investor Relations:
firstcitizens.com/about/who-we-are/annual-report
Company Research
Source: BNN Bloomberg
The benchmark KBW Bank Index rose as much as 0.7% in Thursday trading, touching the highest since March 8, 2023, when the industry was in turmoil. Jefferies, with a market value of just $9.4 billion, isn't part of the index. But its results have long been viewed as an early indicator for other Wall Street banks. Its fiscal quarter ended a month ahead of the calendar quarter. Although the trading and investment banking revenue that Jefferies touted doesn't align perfectly with the other banks, executives from rivals including Bank of America have recently said capital markets revenue was trending higher. All of it suggests “healthy trading with fee gains from a weak year-ago,” says Bloomberg Intelligence senior analyst Alison Williams. In mid-day trading, Jefferies shares were retreating from the highest close since 2008, which they hit on Wednesday, before the earnings were released. “With the stock near all time highs, investors may have wanted even more,” BI analyst Neil Si
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
- First Citizens BancShares, Inc. (NASDAQ: FCNCA) had its "outperform" rating re-affirmed by analysts at Keefe, Bruyette & Woods. They now have a $2,100.00 price target on the stock, up previously from $1,900.00.MarketBeat
- Birkoa CIO Pranjit Kalita Announces Regional Bank Investment Strategy [Yahoo! Finance]Yahoo! Finance
- Citizens Financial upgraded, First Citizens downgraded at Piper Sandler [Seeking Alpha]Seeking Alpha
- First Citizens BancShares, Inc. (NASDAQ: FCNCA) had its price target raised by analysts at Barclays PLC from $1,850.00 to $1,950.00. They now have an "equal weight" rating on the stock.MarketBeat
- Investors Seek Billions From SVB's Husk. Why Regulators Refuse to Pay [BNN Bloomberg (Canada)]BNN Bloomberg
FCNCA
Earnings
- 4/25/24 - Beat
FCNCA
Sec Filings
- 4/26/24 - Form 144
- 4/25/24 - Form 8-K
- 4/8/24 - Form PX14A6G
- FCNCA's page on the SEC website