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（纳斯达克股票代码：FCNCA）的股票有跑赢大盘的历史。
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，在高于同行的贷款增长和成本控制的推动下，该银行似乎完全有能力创造低至中年青少年的回报。
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分析师：瑞安·纳什开始对First Citizens BancShares进行报道，买入，目标股价为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论点：纳什在启动说明中表示，该银行同行领先的贷款增长将有助于推动更好的净利息收入增长，尤其是在长期利率较高的情况下。
Check out other analyst stock ratings.
查看其他分析师股票评级。
"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.
该分析师写道：“此外，鉴于其同行领先的资本水平，它应该有能力在未来几个季度将超过20％的市值返还给股东（通过回购）。”
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.
纳什补充说，到2025年底，First Citizens BancShares有能力回购42亿至65亿美元的股票，高于目前共识预期的41亿美元，前提是 “其一级杠杆率至少为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.
纳什表示，该银行有望实现中等个位数的贷款增长，净利息收入的预期还有一些上行空间。他写道：“尽管鉴于多个高风险投资组合，今天的信贷损失有所增加，但储备金似乎充足，我们认为损失有可能随着时间的推移而改善。”
FCNCA Price Action: Shares of First Citizens BancShares had risen by 1.02% to $1,597 at the time of publication on Thursday.
FCNCA价格走势：在周四发布时，First Citizens BancShares的股价上涨了1.02％，至1,597美元。
Photo: Shutterstock
照片：Shutterstock
译文内容由第三方软件翻译。