FCNCA as of Nov 2 · 12:01 ET

FCNCANasdaqState Commercial Banks

First Citizens Bancshares Inc · Brief

Next report

81 days

Jan 22 · before openest.Q4 FY26

Earnings

Expected move

Inputs

±10.0%implied · straddle

2,116.552,588.73

spot 2,352.64exp Feb 19ATM strike 2360ATM straddle 277.75IV 27%

Oct 30 closeprovisional

Expected move

Inputs

Implied vs realized

8 reportsHistory

—≥ implied

Jan 24 '25—▲+0.38%—

Apr 24 '25—▲+1.05%—

Jul 25 '25—▼−0.84%—

Q3 FY25—▲+0.52%—

Jan 23 '26—▼−8.49%—

Q1 FY26—▼−3.40%—

Q2 FY26—▲+6.51%—

Oct 23 '26±6.1%▲+8.15%×1.34

quarterimplied−10%0+10%realized×

Oct '26±6.1%▲+8.15%×1.34

Q2 FY26—▲+6.51%—

Q1 FY26—▼−3.40%—

Jan '26—▼−8.49%—

Q3 FY25—▲+0.52%—

Jul '25—▼−0.84%—

2 older reports

Apr '25—▲+1.05%—

Jan '25—▲+0.38%—

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Bull & bear

Jan 22 report · est.

Bull2

14disclosed supplier and customer ties in SEC filingsSEC filings

625managers reporting a position in the latest quarterly filings13F · Jun 30 '26

Bear2 of 3

34managers holding the vast share of reported value13F · Jun 30 '26

13 of 23largest reporting managers cut their stake in the latest quarter13F · Jun 30 '26

AI captions · Oct 26 '26once per report · top 2 per case

Linked exposure

FCNCA report session

Suppliers 1

USBU.S. Bank & Trust Company, National Association×0.55

× = co-movement · max 501dSource: SEC filings · market data

Latest changes

30 daysAll changes

Oct 9impliedImplied move: ±6.8% into Oct 23 earnings (Oct 9 close).Source

Your note

privateThesis 0 · Decisions 0 · Observations 0

No thesis.