First Citizens BancShares, Inc. (NASDAQ:FCNCO – Get Rating) CEO Frank B. Holding, Jr. purchased 235 shares of First Citizens BancShares stock in a transaction on Tuesday, March 7th. The shares were acquired at an average price of $650.00 per share, for a total transaction of $152,750.00. Following the completion of the transaction, the chief executive officer now directly owns 93,467 shares of the company's stock, valued at $60,753,550. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

First Citizens BancShares Stock Up 0.5 %

NASDAQ FCNCO opened at $21.84 on Thursday. First Citizens BancShares, Inc. has a 52 week low of $19.93 and a 52 week high of $25.04. The company's 50-day simple moving average is $21.45.

First Citizens BancShares Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 15th. Stockholders of record on Tuesday, February 28th will be given a dividend of $0.3516 per share. This represents a $1.41 dividend on an annualized basis and a dividend yield of 6.44%. The ex-dividend date is Monday, February 27th.

First Citizens BancShares Company Profile

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First Citizens BancShares, Inc operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals. The company's deposit products include checking, savings, money market, and time deposit accounts.

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