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First Citizens BancShares Earnings Miss, Revenue Beats In Q3

Published 28/10/2022, 07:17
Updated 28/10/2022, 07:17
First Citizens BancShares Earnings Miss, Revenue Beats In Q3
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Investing.com - First Citizens BancShares reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.

First Citizens BancShares announced earnings per share of $19.27 on revenue of $1.34. Analysts polled by Investing.com EPS of $19.65 on revenue of $1.03B.

First Citizens BancShares 's are down 4% and is trading at $790.30 , still down 16.61% from its 52 week high of $947.71 set on Tuesday, January 4, 2022.

First Citizens BancShares follows other major Financial sector earnings this month

First Citizens BancShares's report follows an earnings beat by JPMorgan on Friday, October 14, 2022, who reported EPS of $3.12 on revenue of $32.7B, EPS of $2.92 on revenue of $32.13B.

Bank of America had beat expectations on Monday, October 17, 2022 with third quarter EPS of $0.81 on revenue of $24.5B, for EPS of $0.7816 on revenue of $23.56B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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