02:05 PM EDT, 07/25/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We increase our 12-month target price by $550 to $2,800, 14.2x our 2026 EPS estimate, a premium to FCNC.A's five-year average multiple of 11.1x given an improving regulatory environment and strong growth prospects in the SVB segment. We increase our 2025 EPS view to $172.92 from $164.41 and bump up 2026's to $197.55 from $192.98. Our improved outlook is driven by growing optimism in the innovation economy. Following a weak April, venture capital activity is showing signs of life, while recent high-profile IPO successes should catalyze broader industry participation. Other tailwinds include anticipated Federal Reserve rate cuts and rising business confidence as tariff-related uncertainties diminish. Additionally, FCNC.A's aggressive capital return program should provide significant support for share performance over the coming year. With the company's current CET1 ratio of 12.1% sitting well above the internal target range of 10.5%-11.0%, management has substantial capacity to lean into share repurchases.