JPMorgan lowers target for First Citizens BancShares stock to USD 2,300
Published on 10/15/2026 at 22:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTargets and market position
- JPMorgan Chase set a USD 2,300.00 target on October 1, 2026.
- Second-quarter revenue reached USD 2.43 billion, versus USD 2.16 billion expected.
- First Citizens BancShares stock costs EUR 1,880.00 at 10:34 p.m. CEST at Lang & Schwarz on October 15, 2026.
- FCNCA has a P/E ratio of 11.21 and a market capitalization of USD 23.7 billion.
JPMorgan Chase lowered its First Citizens BancShares target from USD 2,450.00 to USD 2,300.00 on October 1, 2026, while keeping a Neutral rating, as MarketBeat reported. The new target is 9.67 percent above the USD 2,097.20 Nasdaq price on October 15, 2026. First Citizens BancShares was trading at EUR 1,880.00 at Lang & Schwarz on October 15, 2026 at 10:34 p.m. CEST.
Results date is October 23
First Citizens BancShares is scheduled to report results for the quarter ended September 30, 2026, before U.S. markets open on October 23, 2026. The date was announced by the company on September 30, 2026, in a release carried on its investor-relations site, which also set a 9:00 a.m. Eastern time webcast through First Citizens BancShares.
Second-quarter revenue beat estimates
The bank reported USD 2.43 billion of revenue for the second quarter of 2026, compared with USD 2.16 billion expected, according to MarketBeat. Diluted earnings per share were USD 57.09, and net income reached USD 672.0 million in the same quarter. The comparison gives investors a concrete benchmark ahead of the October reporting date.
Price position after the Nasdaq session
FCNCA closed its Nasdaq session at USD 2,097.20 on October 15, 2026 at 4:00 p.m. ET, up 2.04 percent from USD 2,055.34. The intraday range ran from USD 2,037.61 to USD 2,099.36, while volume was 50,599 shares against an average of 64,520.
The 52-week range was USD 1,623.76 to USD 2,296.30. The Nasdaq price stood 8.67 percent below the high and 29.19 percent above the low. First Citizens BancShares had a market capitalization of USD 23.7 billion and a P/E ratio of 11.21 on October 15, 2026.
Comparison with peers
FCNCA (Nasdaq, USD): up 2.04 percent, P/E 11.21, market capitalization USD 23.7 billion.
First Horizon (NYSE, USD): up 0.84 percent, P/E 14.38, market capitalization USD 10.8 billion.
Regions Financial (NYSE, USD): up 1.56 percent, P/E 11.15, market capitalization USD 23.3 billion.
What the market is watching
The October 23 results will test whether the second-quarter revenue beat can be repeated while the bank continues to integrate its innovation-focused banking activities. The JPMorgan target remains below the USD 2,450.00 level set before the October 1 revision, giving the upcoming report a clear valuation reference.
Trading levels and outlook
Nasdaq trading ended at USD 2,097.20, while the German euro indication stood at EUR 1,880.00 after hours. The differing currencies are separate market observations and are not combined into one performance calculation.
The next scheduled company event is the third-quarter 2026 results release on October 23, 2026. The further course of trading is shown by the continuously updated real-time quote of First Citizens BancShares stock.
First Citizens BancShares market data
- Company: First Citizens BancShares, Inc.
- ISIN: US31946M1036
- Ticker: FCNCA
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 15, 2026, 10:34 p.m. CEST): EUR 1,880.00
- Nasdaq price: USD 2,097.20 (as of October 15, 2026)
- Market capitalization: USD 23.7 billion (as of October 15, 2026)
- 52-week range: USD 1,623.76-2,296.30 (as of October 15, 2026)
- Sector / Industry: Financial Services / Regional Banks
Market context: Market report Nasdaq Composite.
