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Stock impact report

First Citizens BancShares Reports Earnings for Fourth Quarter 2018

First Citizens BancShares, Inc. - Class A (FCNCA) 
Company Research Source: GlobeNewswire
RALEIGH, N.C., Jan. 30, 2019 (GLOBE NEWSWIRE) -- First Citizens BancShares Inc. (BancShares) (Nasdaq: FCNCA) reported strong earnings for the year ended 2018 benefiting from net revenue growth and tax reform, according to Frank B. Holding, Jr., Chairman of the Board. Key results for the quarter and year ended December 31, 2018, are presented below:    For the Quarter ended: 4Q18 3Q18 4Q17 Net income (in millions)$89.5 $117.3 $54.4 Net income per share$7.62 $9.80 $4.53     Annualized return on average assets1.00%1.33%0.62%Annualized return on average equity10.17%13.41%6.48 Show less Read more
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