First Net Income vs Begin Period Cash Flow Analysis

FCNCA Stock  USD 2,111  39.78  1.92%   
First Citizens financial indicator trend analysis is much more than just examining First Citizens BancShares latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Citizens BancShares is a good investment. Please check the relationship between First Citizens Net Income and its Begin Period Cash Flow accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Citizens BancShares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Net Income vs Begin Period Cash Flow

Net Income vs Begin Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Citizens BancShares Net Income account and Begin Period Cash Flow. At this time, the significance of the direction appears to have no relationship.
The correlation between First Citizens' Net Income and Begin Period Cash Flow is 0.02. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of First Citizens BancShares, assuming nothing else is changed. The correlation between historical values of First Citizens' Net Income and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of First Citizens BancShares are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Net Income i.e., First Citizens' Net Income and Begin Period Cash Flow go up and down completely randomly.

Correlation Coefficient

0.02
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in First Citizens BancShares financial statement analysis. It represents the amount of money remaining after all of First Citizens BancShares operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from First Citizens' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Citizens BancShares current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Citizens BancShares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At present, First Citizens' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 574.4 M, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.31.
 2021 2022 2023 2024 (projected)
Interest Expense60.7M467M3.7B3.9B
Depreciation And Amortization132.2M533M314M329.7M

First Citizens fundamental ratios Correlations

0.970.890.931.00.950.950.990.280.960.870.14-0.350.610.980.920.960.95-0.530.40.670.680.7-0.560.97-0.05
0.970.920.940.980.90.960.980.140.990.95-0.01-0.410.510.980.850.970.9-0.520.290.630.640.61-0.641.0-0.21
0.890.920.940.90.710.940.94-0.170.960.93-0.15-0.160.350.840.670.850.71-0.260.070.480.50.52-0.360.93-0.21
0.930.940.940.940.780.970.97-0.040.970.87-0.2-0.270.330.890.740.840.79-0.530.230.460.480.64-0.380.95-0.07
1.00.980.90.940.940.960.990.250.970.890.12-0.360.60.980.910.970.94-0.520.370.670.680.68-0.570.98-0.09
0.950.90.710.780.940.830.890.560.850.760.36-0.460.750.970.980.951.0-0.580.540.750.760.67-0.70.89-0.03
0.950.960.940.970.960.830.970.060.970.9-0.06-0.30.410.920.80.890.84-0.480.270.520.540.66-0.460.96-0.1
0.990.980.940.970.990.890.970.130.990.910.02-0.330.520.960.850.940.89-0.490.30.610.620.66-0.510.98-0.12
0.280.14-0.17-0.040.250.560.060.130.04-0.060.78-0.320.690.340.590.320.55-0.370.70.510.510.32-0.470.110.29
0.960.990.960.970.970.850.970.990.040.95-0.09-0.340.440.950.810.940.85-0.480.220.580.590.6-0.550.99-0.19
0.870.950.930.870.890.760.90.91-0.060.95-0.1-0.390.390.890.710.920.75-0.360.110.560.580.44-0.640.95-0.42
0.14-0.01-0.15-0.20.120.36-0.060.020.78-0.09-0.1-0.090.780.150.420.210.340.110.490.560.560.22-0.21-0.030.08
-0.35-0.41-0.16-0.27-0.36-0.46-0.3-0.33-0.32-0.34-0.39-0.09-0.33-0.46-0.43-0.43-0.420.71-0.22-0.33-0.33-0.340.72-0.40.61
0.610.510.350.330.60.750.410.520.690.440.390.78-0.330.620.760.660.73-0.220.570.90.90.42-0.50.49-0.04
0.980.980.840.890.980.970.920.960.340.950.890.15-0.460.620.930.980.97-0.580.40.70.710.64-0.70.97-0.14
0.920.850.670.740.910.980.80.850.590.810.710.42-0.430.760.930.920.98-0.560.560.760.770.77-0.640.84-0.01
0.960.970.850.840.970.950.890.940.320.940.920.21-0.430.660.980.920.94-0.450.350.730.750.58-0.720.96-0.21
0.950.90.710.790.941.00.840.890.550.850.750.34-0.420.730.970.980.94-0.580.550.740.750.66-0.670.890.02
-0.53-0.52-0.26-0.53-0.52-0.58-0.48-0.49-0.37-0.48-0.360.110.71-0.22-0.58-0.56-0.45-0.58-0.47-0.27-0.28-0.580.53-0.510.07
0.40.290.070.230.370.540.270.30.70.220.110.49-0.220.570.40.560.350.55-0.470.470.470.43-0.30.250.31
0.670.630.480.460.670.750.520.610.510.580.560.56-0.330.90.70.760.730.74-0.270.471.00.4-0.580.61-0.16
0.680.640.50.480.680.760.540.620.510.590.580.56-0.330.90.710.770.750.75-0.280.471.00.41-0.580.63-0.16
0.70.610.520.640.680.670.660.660.320.60.440.22-0.340.420.640.770.580.66-0.580.430.40.41-0.210.60.04
-0.56-0.64-0.36-0.38-0.57-0.7-0.46-0.51-0.47-0.55-0.64-0.210.72-0.5-0.7-0.64-0.72-0.670.53-0.3-0.58-0.58-0.21-0.630.43
0.971.00.930.950.980.890.960.980.110.990.95-0.03-0.40.490.970.840.960.89-0.510.250.610.630.6-0.63-0.21
-0.05-0.21-0.21-0.07-0.09-0.03-0.1-0.120.29-0.19-0.420.080.61-0.04-0.14-0.01-0.210.020.070.31-0.16-0.160.040.43-0.21
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First Citizens Account Relationship Matchups

First Citizens fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets39.8B50.0B58.3B109.3B213.8B224.4B
Short Long Term Debt Total1.1B1.3B1.2B8.4B37.6B39.4B
Other Current Liab22.4B26.7B33.9B1.8B110.0B115.5B
Total Current Liabilities23.1B27.3B34.6B3.5B110.2B115.7B
Total Stockholder Equity3.6B4.2B4.7B9.7B21.3B22.3B
Property Plant And Equipment Net1.2B1.3B1.2B10.0B11.0B11.5B
Net Debt507.2M886.1M856.6M666M3.0B3.2B
Retained Earnings3.7B3.9B4.4B5.4B16.7B17.6B
Cash376.7M362.0M337.8M5.5B908M777.8M
Non Current Assets Total9.9B15.9B23.8B21.1B177.6B186.5B
Non Currrent Assets Other(9.9B)(15.9B)(23.8B)(11.1B)129.4B135.9B
Other Assets28.3B29.2B15.7B87.7B35.3B22.5B
Cash And Short Term Investments1.5B4.7B18.7B518M908M862.6M
Common Stock Shares Outstanding11.1M10.1M9.8M15.5M14.5M11.9M
Liabilities And Stockholders Equity39.8B50.0B58.3B109.3B213.8B224.4B
Non Current Liabilities Total883.9M1.2B1.2B96.1B192.5B202.1B
Other Stockholder Equity28.8M1.4B349.8M4.1B4.1B4.3B
Total Liab883.9M1.2B1.2B99.6B192.5B202.1B
Property Plant And Equipment Gross1.2B1.3B2.4B11.2B12.4B13.0B
Total Current Assets1.6B4.9B18.8B518M908M862.6M
Short Term Debt754.6M664.4M684.7M1.8B1.0B633.5M
Accumulated Other Comprehensive Income(126.7M)12.3M9.8M(735M)(491M)(466.5M)
Common Stock Total Equity11.6M10.6M9.8M15M17.3M11.9M
Common Stock11.6M10.6M9.8M15M17.3M12.1M
Other Liab403.5M2.3B381.3M1.4B1.6B1.7B
Accounts Payable34.4B43.4B51.4B995M137M130.2M
Long Term Debt311.7M593.0M1.2B6.6B37.2B39.0B
Short Term Investments1.1B4.3B18.3B9.0B84M79.8M
Inventory(1.7B)(4.9B)(10.5B)(9.2B)(4.2B)(4.0B)
Property Plant Equipment1.2B1.3B1.2B8.2B9.4B9.8B
Good Will349.4M350.3M346.1M346M397.9M417.8M
Other Current Assets1.7B4.9B10.5B6.3B36.2B38.0B
Intangible Assets68.3M50.8M43.1M165M337M353.9M
Net Receivables123.2M145.7M134.2M2.9B3.2B3.4B
Net Tangible Assets3.2B3.5B4.0B8.3B9.5B10.0B
Retained Earnings Total Equity3.7B3.9B4.4B5.4B6.2B3.2B
Long Term Debt Total311.7M593.0M549.7M6.6B7.6B8.0B
Long Term Investments35.9B42.6B22.2B60M32.2B23.7B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether First Citizens BancShares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Citizens' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Citizens Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Citizens Bancshares Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Citizens BancShares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Citizens. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Citizens listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.14)
Dividend Share
6.56
Earnings Share
174.58
Revenue Per Share
646.115
Quarterly Revenue Growth
(0.03)
The market value of First Citizens BancShares is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Citizens' value that differs from its market value or its book value, called intrinsic value, which is First Citizens' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Citizens' market value can be influenced by many factors that don't directly affect First Citizens' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Citizens' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Citizens is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Citizens' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.