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First Citizens Bancshares (TN) (First Citizens Bancshares (TN)) Net Cash per Share : $-2,264.63 (As of Dec. 2018)


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What is First Citizens Bancshares (TN) Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). First Citizens Bancshares (TN)'s Net Cash per Share for the quarter that ended in Dec. 2018 was $-2,264.63.

The historical rank and industry rank for First Citizens Bancshares (TN)'s Net Cash per Share or its related term are showing as below:

FIZN's Price-to-Net-Cash is not ranked *
in the Banks industry.
Industry Median: 13
* Ranked among companies with meaningful Price-to-Net-Cash only.

First Citizens Bancshares (TN) Net Cash per Share Historical Data

The historical data trend for First Citizens Bancshares (TN)'s Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Citizens Bancshares (TN) Net Cash per Share Chart

First Citizens Bancshares (TN) Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4,922.24 -1,927.13 -2,038.32 -1,971.45 -2,264.63

First Citizens Bancshares (TN) Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,971.45 -1,994.87 -2,214.63 -2,215.00 -2,264.63

Competitive Comparison of First Citizens Bancshares (TN)'s Net Cash per Share

For the Banks - Regional subindustry, First Citizens Bancshares (TN)'s Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Citizens Bancshares (TN)'s Price-to-Net-Cash Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Citizens Bancshares (TN)'s Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where First Citizens Bancshares (TN)'s Price-to-Net-Cash falls into.



First Citizens Bancshares (TN) Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

First Citizens Bancshares (TN)'s Net Cash per Share for the fiscal year that ended in Dec. 2018 is calculated as

Net Cash per Share (A: Dec. 2018 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(327.44+4557.11-31919.675-0)/11.938
=-2,264.63

First Citizens Bancshares (TN)'s Net Cash per Share for the quarter that ended in Dec. 2018 is calculated as

Net Cash per Share (Q: Dec. 2018 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(327.44+4557.11-31919.675-0)/11.938
=-2,264.63

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Citizens Bancshares (TN)  (OTCPK:FIZN) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


First Citizens Bancshares (TN) Net Cash per Share Related Terms

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First Citizens Bancshares (TN) (First Citizens Bancshares (TN)) Business Description

Traded in Other Exchanges
N/A
Address
4300 Six Forks Road, Raleigh, NC, USA, 27609
First Citizens Bancshares Inc (TN) is a financial holding company. The bank offers various services such as checking accounts, savings accounts, mobile and tablet banking, digital banking, loans, insurance and other banking services. The company operates its business in four segments, 1) General Banking which offers a full suite of deposit products, loans, cash management, wealth, payments and various other fee-based services., 2) Commercial Banking segment provides a range of lending, leasing, capital markets, asset management and other financial and advisory services to small and middle market companies, 3) Rail offers customized leasing and financing solutions on a fleet of railcars and locomotives to railroads and shippers throughout North America and 4) Corporate.

First Citizens Bancshares (TN) (First Citizens Bancshares (TN)) Headlines