First Citizens BancShares, Inc. - Class A Common Stock (FCNCA)

On an adjusted basis, the company reported fourth-quarter net earnings of $45.10 per share, compared with the market estimate of $39.11 per share, according to Koyfin data.

Wall Street paused for a breather on Friday, with the S&P 500 index hovering around the flatline at midday trading in New York after a five-day rally that pushed the market to fresh record highs this week. Meanwhile, investor attention shifted to forex and gold markets.

Regional banks still have room to thrive, says Truist Securities in its note, highlighting three key paths for regional banks to succeed.

Truist Securities initiated coverage on 24 stocks anticipating earnings and loan growth, steeper yield curve, and ample capital for expansion.

Analysts at three investment banks are optimistic about regional banks, highlighting several factors likely to improve sector fundamentals.

According to JPMorgan, regional bank stocks have strong potential for gains in 2025, driven by pro-business policies, rate cuts, and M&A activity.

First Citizens Bancshares will benefit from a pro-business environment and deregulation efforts. Analyst initiates coverage with a Buy rating.