First Citizens Bancshares (FCNCA) Declares $0.30 Quarterly Dividend; 0.5% Yield

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First Citizens BancShares Reports Earnings for First Quarter 2016

April 27, 2016 1:45 PM EDT

RALEIGH, N.C., April 27, 2016 (GLOBE NEWSWIRE) -- First Citizens BancShares Inc. (BancShares) (Nasdaq: FCNCA) announced its financial results for the quarter ended March 31, 2016. Net income for the first quarter of 2016 was $52.1 million, or $4.34 per share, compared to $42.7 million, or $3.56 per share, for the fourth quarter of 2015, and $67.2 million, or $5.59 per share, for the corresponding period of 2015, according to Frank B. Holding, Jr., chairman of the board. BancShares current quarter results generated an annualized return on average assets of 0.66 percent and an annualized return on average equity of 7.17 percent, compared to respective returns of 0.53 percent... More

First Citizens BancShares Declares Dividend

April 27, 2016 1:45 PM EDT

RALEIGH, N.C., April 27, 2016 (GLOBE NEWSWIRE) -- The Board of Directors of First Citizens BancShares Inc. (Nasdaq: FCNCA) declared on April 26, 2016, a quarterly dividend of 30 cents per share on the Class A and Class B common stock. The dividend is payable July 5, 2016, to shareholders of... More

First Citizens BancShares Declares Dividend

April 27, 2016 1:45 PM EDT

RALEIGH, N.C., April 27, 2016 (GLOBE NEWSWIRE) -- The Board of Directors of First Citizens BancShares Inc. (Nasdaq: FCNCA) declared on April 26, 2016, a quarterly dividend of 30 cents per share on the Class A and Class B common stock. The dividend is payable July 5, 2016, to shareholders of... More