First Gross Profit Margin from 2010 to 2024

FCNCA Stock  USD 1,763  4.09  0.23%   
First Citizens' Gross Profit Margin is decreasing over the years with slightly volatile fluctuation. Overall, Gross Profit Margin is expected to go to 0.81 this year. From 2010 to 2024 First Citizens Gross Profit Margin quarterly data regression line had arithmetic mean of  0.83 and r-squared of  0.53. View All Fundamentals
 
Gross Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.6958923
Current Value
0.81
Quarterly Volatility
0.18364603
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check First Citizens financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First main balance sheet or income statement drivers, such as Interest Expense of 1.2 B, Selling General Administrative of 3.2 B or Total Revenue of 12.2 B, as well as many exotic indicators such as Price To Sales Ratio of 1.74, Dividend Yield of 0.0095 or PTB Ratio of 0.98. First financial statements analysis is a perfect complement when working with First Citizens Valuation or Volatility modules.
  
This module can also supplement First Citizens' financial leverage analysis and stock options assessment as well as various First Citizens Technical models . Check out the analysis of First Citizens Correlation against competitors.

Latest First Citizens' Gross Profit Margin Growth Pattern

Below is the plot of the Gross Profit Margin of First Citizens BancShares over the last few years. It is First Citizens' Gross Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Citizens' overall financial position and show how it may be relating to other accounts over time.
Gross Profit Margin10 Years Trend
Slightly volatile
   Gross Profit Margin   
       Timeline  

First Gross Profit Margin Regression Statistics

Arithmetic Mean0.83
Geometric Mean0.81
Coefficient Of Variation22.16
Mean Deviation0.16
Median0.96
Standard Deviation0.18
Sample Variance0.03
Range0.4042
R-Value(0.73)
Mean Square Error0.02
R-Squared0.53
Significance0
Slope(0.03)
Total Sum of Squares0.47

First Gross Profit Margin History

2024 0.81
2023 0.7
2019 0.56

About First Citizens Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include First Citizens income statement, its balance sheet, and the statement of cash flows. First Citizens investors use historical funamental indicators, such as First Citizens's Gross Profit Margin, to determine how well the company is positioned to perform in the future. Although First Citizens investors may use each financial statement separately, they are all related. The changes in First Citizens's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on First Citizens's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on First Citizens Financial Statements. Understanding these patterns can help to make the right decision on long term investment in First Citizens. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit Margin 0.70  0.81 

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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 the analysis of First Citizens Correlation against competitors.
Note that the First Citizens BancShares information on this page should be used as a complementary analysis to other First Citizens' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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When running First Citizens' price analysis, check to measure First Citizens' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Citizens is operating at the current time. Most of First Citizens' value examination focuses on studying past and present price action to predict the probability of First Citizens' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Citizens' price. Additionally, you may evaluate how the addition of First Citizens to your portfolios can decrease your overall portfolio volatility.
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Is First Citizens' industry 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
(0.93)
Dividend Share
4.78
Earnings Share
180.11
Revenue Per Share
652.739
Quarterly Revenue Growth
3.745
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.