First Citizens BancShares (NASDAQ:FCNCA) has outperformed the market over the past 15 years by 6.03% on an annualized basis producing an average annual return of 18.17%. Currently, First Citizens BancShares has a market capitalization of $26.86 billion.
Buying $1000 In FCNCA: If an investor had bought $1000 of FCNCA stock 15 years ago, it would be worth $12,183.14 today based on a price of $1856.96 for FCNCA at the time of writing.
First Citizens BancShares's Performance Over Last 15 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.