Is FIRST CITIZENS BANCSHARES INC /DE/ (FCNCA) Halal?

NASDAQ Financial Services United States $21.7B
✗ NOT HALAL
Confidence: 95/100
FIRST CITIZENS BANCSHARES INC /DE/ (FCNCA) is Not Halal under AAOIFI Standard 21 due to its classification in the Banks - Regional industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Banks - Regional ✗ NOT HALAL
DJIM Excluded — Banks - Regional ✗ NOT HALAL
MSCI Excluded — Banks - Regional ✗ NOT HALAL
S&P Excluded — Banks - Regional ✗ NOT HALAL
FTSE Excluded — Banks - Regional ✗ NOT HALAL

Financial Highlights

P/E Ratio
11.1
Forward: 9.1
EPS
$165.21
Dividend Yield
46.0%
Payout: 4.8%
P/B Ratio
1.1
Revenue
$9.3B
Growth: 6.2%
Beta
0.7
Low volatility

Profitability

Gross Margin 0.0%
Operating Margin 37.6%
Net Margin 24.4%
Return on Equity (ROE) 9.9%
Return on Assets (ROA) 1.0%

Cash Flow & Balance Sheet

Operating Cash Flow$2.9B
Free Cash Flow$1.4B
Total Debt$36.1B
Total Assets$229.7B

Price & Trading

Last Close$1,896.78
50-Day MA$1,982.98
200-Day MA$1,949.72
Avg Volume105K
Beta0.7
52-Week Range
$1,473.62
$2,232.21

About FIRST CITIZENS BANCSHARES INC /DE/ (FCNCA)

CEO
Mr. Frank Brown Holding Jr.
Employees
17,876
Sector
Financial Services
Industry
Banks - Regional
Country
United States
Exchange
NASDAQ
Market Cap
$21.7B
Currency
USD

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 in the United States and internationally. It operates through the General Bank, Commercial Bank, and Rail segments. The General Bank segment offers deposit products, including checking, savings, money market, and time deposit accounts; conforming and jumbo residential mortgage, and business and commercial loans; brokerage, investment advisory, private stock loans, other secured and unsecured lending products, and vineyard development loans; planning-based financial strategies, family office, financial planning, tax planning, and trust services; and payment and treasury services. This segment also includes a community association bank business that supports deposit, cash management, and lending to homeowner associations and property management companies. Its Commercial Bank segment provides a range of leasing, capital markets, asset management, and other financial and advisory services; factoring, receivable management, supply chain financing, and secured financing services; and commercial deposit products and services through online and mobile banking platforms, as well as physical locations. The Rail segment offers customized leasing and financing solutions on a fleet of railcars and locomotives to railroads and shippers. Its railcar types include covered hopper cars used to ship grain and agricultural products, plastic pellets, sand, and cement; tank cars for energy products and chemicals; gondolas for coal, steel coil and mill service products; open-top hopper cars for coal and aggregates; boxcars for paper and auto parts; and centerbeams and flat cars for lumber. First Citizens BancShares, Inc. was founded in 1898 and is headquartered in Raleigh, North Carolina.

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Frequently Asked Questions

Is FIRST CITIZENS BANCSHARES INC /DE/ (FCNCA) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), FIRST CITIZENS BANCSHARES INC /DE/ is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is FIRST CITIZENS BANCSHARES INC /DE/'s debt ratio?

FIRST CITIZENS BANCSHARES INC /DE/'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are FIRST CITIZENS BANCSHARES INC /DE/'s key financial metrics?

FIRST CITIZENS BANCSHARES INC /DE/ has a market capitalization of $21.7B, trailing P/E ratio of 11.1, and revenue of $9.3B. Return on equity stands at 9.9%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.