First Citizens BancShares Is Ready To Beat Current Street Expectations, Says Bullish Analyst
First Citizens BancShares Is Ready To Beat Current Street Expectations, Says Bullish Analyst
First Citizens BancShares Inc's (NASDAQ:FCNCA) stock has a history of outperforming the market.
First Citizens BancShares Inc（納斯達克股票代碼：FCNCA）的股票有跑贏大盤的歷史。
The bank appears well positioned to generate low-to-mid teens returns, driven by above-peer loan growth and cost controls, according to Goldman Sachs.
高盛表示，在高於同行的貸款增長和成本控制的推動下，該銀行似乎完全有能力創造低至中年青少年的回報。
The First Citizens BancShares Analyst: Ryan Nash initiated coverage of First Citizens BancShares with a Buy and a price target of $1,950.
First Citizens BancShares分析師：瑞安·納什開始對First Citizens BancShares進行報道，買入，目標股價爲1950美元。
The First Citizens BancShares Thesis: The bank's peer-leading loan growth will help drive better net interest income growth, especially in the higher-for-longer rate scenario, Nash said in the initiation note.
First Citizens BancShares論點：納什在啓動說明中表示，該銀行同行領先的貸款增長將有助於推動更好的淨利息收入增長，尤其是在長期利率較高的情況下。
Check out other analyst stock ratings.
查看其他分析師股票評級。
"Additionally, given its peer leading capital levels, it should be well positioned to return >20% of its market cap to shareholders (via a buyback) in the coming quarters," the analyst wrote.
該分析師寫道：“此外，鑑於其同行領先的資本水平，它應該有能力在未來幾個季度將超過20％的市值返還給股東（通過回購）。”
First Citizens BancShares has the capacity to return between $4.2 billion and $6.5 billion in share buybacks by yearend 2025, higher than the current consensus expectations of $4.1 billion, provided "it holds Tier 1 leverage of at least 8-9%," Nash added.
納什補充說，到2025年底，First Citizens BancShares有能力回購42億至65億美元的股票，高於目前共識預期的41億美元，前提是 “其一級槓桿率至少爲8-9％”。
The bank is poised for loan growth in mid-single digits and there is some upside to net interest income expectations, Nash stated. "While credit losses are elevated today given several high-risk portfolios, reserves appear adequate and we see the potential for losses to improve over time," he wrote.
納什表示，該銀行有望實現中等個位數的貸款增長，淨利息收入的預期還有一些上行空間。他寫道：“儘管鑑於多個高風險投資組合，今天的信貸損失有所增加，但儲備金似乎充足，我們認爲損失有可能隨着時間的推移而改善。”
FCNCA Price Action: Shares of First Citizens BancShares had risen by 1.02% to $1,597 at the time of publication on Thursday.
FCNCA價格走勢：在週四發佈時，First Citizens BancShares的股價上漲了1.02％，至1,597美元。
Photo: Shutterstock
照片：Shutterstock
譯文內容由第三人軟體翻譯。