First Citizens Bancshares (FCNCA) Reports Q3 EPS of $4.66

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First Citizens BancShares Declares Dividend

October 28, 2015 12:01 PM EDT

RALEIGH, N.C., Oct. 28, 2015 (GLOBE NEWSWIRE) -- The Board of Directors of First Citizens BancShares Inc. (Nasdaq: FCNCA) declared on Oct. 27, 2015, a quarterly dividend of 30 cents per share on the Class A and Class B common stock. The dividend is payable Jan. 4, 2016, to shareholders of... More

First Citizens BancShares Reports Earnings for Third Quarter 2015

October 28, 2015 12:00 PM EDT

RALEIGH, N.C., Oct. 28, 2015 (GLOBE NEWSWIRE) -- First Citizens BancShares Inc. (BancShares) (Nasdaq: FCNCA) announced its financial results for the quarter ended September 30, 2015. Net income for the third quarter of 2015 was $56.0 million, or $4.66 per share, compared to $26.5 million, or $2.76 per share, for the corresponding period of 2014, and $44.5 million, or $3.71 per share, for the second quarter of 2015, according to Frank B. Holding, Jr., chairman of the board. BancShares current quarter results generated an annualized return on average assets of 0.71 percent and an annualized return on average equity of 7.86 percent, compared to respective returns of 0.48 percent... More