First Citizens BancShares CEO Buys 92 Shares

Frank Holding, Jr. increases stake in the North Carolina-based bank holding company

Mar. 21, 2026 at 10:22am

Frank Holding, Jr., the CEO of First Citizens BancShares, Inc. (NASDAQ:FCNCA), purchased 92 shares of the company's stock on March 19th. The shares were acquired at an average price of $1,550, totaling $142,600. This transaction increased Holding's direct ownership in the bank holding company to 2,841 shares, valued at approximately $4.4 million.

Why it matters

Insider purchases can be seen as a positive signal, as company executives are typically well-informed about their firm's prospects. This transaction suggests Holding's confidence in First Citizens BancShares' future performance and growth potential.

The details

The purchase was disclosed in a filing with the SEC. Following the transaction, Holding now directly owns 2,841 shares in the company, representing a 3.35% increase in his personal stake. First Citizens BancShares is the bank holding company for First Citizens Bank, a full-service commercial bank headquartered in Raleigh, North Carolina.

  • The shares were purchased on Thursday, March 19th, 2026.

The players

Frank Holding, Jr.

The CEO of First Citizens BancShares, Inc., a bank holding company based in Raleigh, North Carolina.

First Citizens BancShares, Inc.

A bank holding company that owns First Citizens Bank, a full-service commercial bank headquartered in Raleigh, North Carolina.

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The takeaway

The insider purchase by First Citizens BancShares' CEO suggests he is bullish on the company's prospects, which could be a positive signal for investors considering the stock.