FCNCA vs RF: First Citizens BancShares and Regions Financial compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- First Citizens BancShares is the larger company, worth $24.2B, close to Regions Financial's $23.2B.
- First Citizens BancShares grew revenue faster over the last year (+2.5% vs +0.1%).
- On earnings, Regions Financial is the cheaper stock (11.3x vs 12.0x).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | FCNCA | RF |
|---|---|---|
| Market cap | $24.2B | $23.2B |
| Share price | $2,068.39 | $27.03 |
| Revenue (last fiscal year) | $9.5B | $7.5B |
| Free cash flow (last fiscal year) | $2.2B | — |
| Revenue growth, last year | +2.5% | +0.1% |
| Revenue growth per year, last 5 fiscal years | +49.7% | +191.7% |
| Operating margin | — | — |
| Net margin | 24.5% | 29.3% |
| Return on equity | 10.8% | 11.8% |
| P/E (trailing) | 12.0x | 11.3x |
| Price / free cash flow | 11.7x | 10.7x |
| EV / EBITDA | 9.98x | 9.39x |
| FCF growth the price implies | -3.0% | — |
| Dividend yield | 0.39% | 3.8% |
| Debt / equity | 9.81x | 7.56x |
| Fundamental grade | C | C |
| Superinvestors holding it | 6 | 0 |
| Insider purchases, last 12 months | 10 | 2 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
First Citizens BancShares
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $1.9B | -$391M | — |
| 2022 | $5.1B | $2.6B | — |
| 2023 | $18.8B | $2.3B | — |
| 2024 | $9.8B | $2.6B | — |
| 2025 | $9.5B | $2.2B | — |
Regions Financial
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $104M | — | 44.2% |
| 2022 | $7.2B | — | 0.78% |
| 2023 | $7.6B | — | 2.8% |
| 2024 | $7.1B | — | 1.3% |
| 2025 | $7.5B | — | 0.70% |
Where the revenue comes from
First Citizens BancShares · by segments, 2025
Regions Financial
No segment breakdown reported.
Questions
Which is bigger, First Citizens BancShares or Regions Financial?
First Citizens BancShares (FCNCA), at $24.2B against $23.2B.
Is FCNCA or RF cheaper?
By trailing P/E, Regions Financial (11.3x) is cheaper than First Citizens BancShares (12.0x). A lower multiple can also mean the market expects less growth.
Which grows faster, FCNCA or RF?
First Citizens BancShares: revenue grew +2.5% over the last year, against +0.1%.
More comparisons
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.