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First Citizens BancShares' Q3 Adjusted Earnings, Revenue Fall
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First Citizens BancShares' Q3 Adjusted Earnings, Revenue Fall
Nov 2, 2024 5:31 AM

07:22 AM EDT, 10/24/2024 (MT Newswires) -- First Citizens BancShares (FCNCA) reported Q3 adjusted earnings Thursday of $45.87 per diluted share, down from $55.92 a year earlier.

Analysts polled by Capital IQ expected $47.32.

Revenue for the quarter ended Sept. 30, expressed as the sum of net interest income and total noninterest income, was $2.45 billion, down from $2.61 billion a year earlier.

Four analysts surveyed by Capital IQ expected $2.30 billion.

Separately, the bank said its board raised the quarterly dividend to $1.95 per share from $1.64 prior, payable Dec. 16 to shareholders as of Nov. 29.

Price: 2,000.01, Change: -82.59, Percent Change: -3.97

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