12 Large-Cap Stocks Insiders Were Buying in Q1 2025 Before Trump’s Tariff Shockwave

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5. First Citizens BancShares, Inc. (NASDAQ:FCNCA)

Market cap: $23.3 billion

First Citizens BancShares, based in Raleigh, North Carolina, is the holding company for First-Citizens Bank & Trust. It offers retail and commercial banking services, wealth management, and financing solutions in the U.S. and internationally through various segments, including General Bank, Commercial Bank, and Silicon Valley Bank Commercial, available online and at branch locations.

In March, two insiders, including the president and CEO, and the CFO of First Citizens BancShares, purchased approximately $856,467 worth of the company’s shares at an average price of $1,521 per share. The company’s CEO, Frank Holding, acquired 550 shares, accounting for $824,488 worth of the total purchases in March, and increasing his ownership to 5,018 shares. Year-to-date the stock dropped 16.14%, currently trading at $1,772.04 per share. However, over the past 12 months, First Citizens BancShares shares returned 8.08% to its investors.

For the fourth quarter of 2024, First Citizens BancShares reported a net income of $700 million, up from $639 million in the previous quarter. Net income available to common stockholders rose to $685 million, or $49.21 per share, compared to $624 million, or $43.42 per share, in the third quarter. As of December 31, 2024, loans and leases increased to $140.22 billion, driven by growth in the General Bank, Commercial Bank, and SVB Commercial segments.

In a recent development, First Citizens Bank has invested $1 million in The Neighborhood Developers through an Equity Equivalent Investment (EQ2) to support their anti-displacement efforts. The funds will be managed by Opportunity Communities (OppCo) as part of the new OppCo Housing Accelerator Fund, which provides community developers with affordable financing for affordable housing production and preservation.

First Citizens BancShares is also one of the 12 high growth non-tech stocks that are profitable in 2025.

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