Welcome to our dedicated page for First Citizens BancShares news (Ticker: $FCNCA), a resource for investors and traders seeking the latest updates and insights on First Citizens BancShares stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect First Citizens BancShares's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of First Citizens BancShares's position in the market.
News
Rhea-AI Summary
Silicon Valley Bank (SVB) and Trinity Capital Inc. provide a $125 million financing facility to fintech startup Parafin to support businesses on platforms like DoorDash and Amazon. Parafin, utilizing a machine learning-based model, has already extended $5 billion in offers to thousands of businesses since its launch in 2020.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.63%
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Rhea-AI Summary
First Citizens BancShares, Inc. (FCNCA) is set to report its financial results for Q1 2024 on April 25, 2024. The conference call and webcast will be held at 9 a.m. Eastern Time on the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.16%
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Rhea-AI Summary
HawkEye 360 secures $40 million in debt financing to enhance geospatial capabilities, raising a total of $108 million in the past year. The funding underscores investor confidence in the company's strategic vision and technological advancements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.36%
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Rhea-AI Summary
Silicon Valley Bank's SVB Go online banking platform wins the 2024 Model Bank Award for revolutionizing cash management. The innovative solution caters to high-growth clients, offering personalized banking experiences and real-time cash flow management.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.36%
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Rhea-AI Summary
Coast, a company revolutionizing fleet payments, raised $92 million in new funding. The round includes $25 million in equity capital and $67 million in debt capital. Coast's innovative software uses mobile technology and vehicle data to provide powerful controls for fleet managers, addressing the $120 billion annual fleet fuel payments market in the US.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.07%
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Rhea-AI Summary
Silicon Valley Bank (SVB), a division of First Citizens Bank, opens a new office in downtown San Francisco to serve the innovation economy, featuring modern workspaces, event space, and outdoor terrace. SVB's investment supports growth goals and commitment to innovation clients.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.86%
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First Citizens Bank's Middle Market Banking division provided $33.5 million in financing to Adams Beverages, a distributor of alcoholic and non-alcoholic beverages in Alabama and North Carolina. The loan refinanced three properties serving as distribution facilities for Adams Beverages.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.08%
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Rhea-AI Summary
First Citizens Bank extends a $1 million line of credit to MC Nutraceuticals, a leading hemp-derived cannabinoids supplier, through its Cannabis Banking division. The financing aims to support MC Nutraceuticals' growth and strategic initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.52%
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Rhea-AI Summary
First Citizens Bank receives 20 national and regional Greenwich Excellence and Best Brand awards from Coalition Greenwich for the 11th consecutive year, ranking among the top five nationally. The awards highlight the bank's client-centric approach, trustworthiness, long-term relationships, and exceptional customer service.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
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Rhea-AI Summary
First Citizens Bank's Healthcare Finance business provided $37 million to Rethink Healthcare Real Estate to refinance Grandview Physicians Plaza I, a medical office building located in Birmingham, Alabama. The property spans over 200,000 rentable square feet and is conveniently located near the border of Jefferson and Shelby counties on US 280. Tenants include the hospital and various medical practices. The financing was efficiently executed, and it demonstrates First Citizens' industry knowledge and support for the healthcare sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.07%
Tags
First Citizens BancShares, Inc.
Nasdaq:FCNCA
FCNCA Rankings
FCNCA Stock Data
25.86B
11.10M
20.87%
65.83%
1.96%
Commercial Banking
Finance and Insurance
United States of America
SAN JUAN
About FCNCA
for more than 100 years, raleigh, n.c. -headquartered first citizens bank has helped customers do more with the money they earn, save and invest. along the way, we’ve built our company on such timeless values as integrity, hard work and taking the long-term view. in 1898, first citizens began as the bank of smithfield in johnston county, n.c. from a single office, first citizens has grown to more than 560 branches in 18 states. first citizens today is a full-service banking institution with more than 6,000 employees. our parent company, first citizens bancshares, inc. (nasdaq: fcnca), has more than $30 billion in assets. first citizens is now the country’s largest family-controlled bank, with a record of stable leadership few institutions can rival. first citizens offers: • traditional banking services. • essential business and professional services. • wealth management capabilities. • hundreds of branches and atms, a full-service telephone bank and sophisticated online and mobile bank