First Citizens (FCNCA): Is the SVB-Boosted Bank Still Undervalued for the S&P 500 Index?

First Citizens BancShares, Inc. (NASDAQ:FCNCA) is a large regional bank whose earnings were transformed when it acquired the failed Silicon Valley Bank. At about $24 billion, it is solidly and consistently profitable under standard accounting rules, which gives it a clean eligibility profile for inclusion in the illustrious S&P 500 index. The valuation is the […]