First Citizens BancShares (NASDAQ:FCNCA) has outperformed the market over the past 10 years by 11.71% on an annualized basis producing an average annual return of 22.95%. Currently, First Citizens BancShares has a market capitalization of $27.53 billion.
Buying $100 In FCNCA: If an investor had bought $100 of FCNCA stock 10 years ago, it would be worth $784.81 today based on a price of $1941.86 for FCNCA at the time of writing.
First Citizens BancShares's Performance Over Last 10 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.
