First Citizens BancShares, Inc.
First Citizens BancShares, Inc. (NASDAQ: FCNCA) is trading at $2,095.82, about ₹2,01,052 at today's USD/INR rate, as of 28 Sep 2026, 2:20 PM ET, up 0.26% today. Indian residents can buy First Citizens BancShares from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$2,077.92
Today's high
$2,107.29
52 week low
$1,623.76
52 week high
$2,296.30
FCNCA opened at $2,096.69, closed previously at $2,090.36, and has traded between $1,623.76 and $2,296.30 over the past 52 weeks.
About
First Citizens BancShares, Inc. (FCNCA) functions as the parent company for First-Citizens Bank & Trust Company, offering a comprehensive suite of retail and commercial banking services to individuals, businesses, and professionals. Its deposit offerings encompass various account types, including checking, savings, money market, and certificates of deposit (time deposit accounts). The company's loan portfolio is extensive, featuring commercial credits for construction and land development, commercial mortgages, commercial and industrial (C&I) financing, and lease financing. It also provided Small Business Administration (SBA) Paycheck Protection Program (PPP) loans. For consumers, loan options span residential and revolving mortgages, construction and land development loans, auto financing, and various other personal lending products. Beyond core banking, First Citizens provides treasury management solutions, cardholder and merchant services, and comprehensive wealth management offerings. Its investment product suite encompasses annuities, discount brokerage, and access to third-party mutual funds, complemented by investment management and advisory services. Specialized services further extend to defined benefit and defined contribution plans, insurance, private banking, trust and fiduciary services, philanthropic advisement, and special asset management. Customers can access these diverse products and services through a robust branch network, alongside modern digital banking platforms, telephone banking, and extensive ATM networks. As of December 31, 2021, First Citizens maintained a physical presence with 529 branches spread across 19 states: Arizona, California, Colorado, Florida, Georgia, Kansas, Maryland, Missouri, North Carolina, New Mexico, Oklahoma, Oregon, South Carolina, Tennessee, Texas, Virginia, Washington, Wisconsin, and West Virginia. Founded in 1898, the company's corporate headquarters are situated in Raleigh, North Carolina.
Key statistics
Avg. volume
73.59K
Market cap
$23.87B
P/E Ratio
11.21
Price-to-sales ratio
1.65
Enterprise value
$54.54B
Free cash flow yield
10.73%
Debt-to-equity ratio
1.47
Return on equity
10.68%
ROIC
0.99%
Beta
0.60
Dividend yield
0.40%
Last dividend
$8.40
Financial overview
Revenue
$14.50B
Earnings per share
$165.76
Free cash flow
$2.07B
Net profit margin
16.31%
Gross margin
64.04%
EBITDA
$3.40B
Revenue growth
-2.97%
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This is not an investment recommendation
How to buy First Citizens BancShares from India
Indian residents can buy First Citizens BancShares shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for First Citizens BancShares and place an order
Find First Citizens BancShares by name or by its ticker, FCNCA, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. First Citizens BancShares trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your First Citizens BancShares position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in First Citizens BancShares from India
Trading and taxes when buying First Citizens BancShares from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. First Citizens BancShares’ current yield is 0.40%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy First Citizens BancShares stock?
Yes. First Citizens BancShares (FCNCA) has been listed on NASDAQ since 1986, in the Banks - Regional industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one First Citizens BancShares share cost in rupees?
One First Citizens BancShares share is $2,095.82 — about ₹2,01,052 at a USD/INR rate of 95.93 on 27 Sep 2026. Both the First Citizens BancShares price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying First Citizens BancShares from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy First Citizens BancShares with less than the price of one share?
Yes. A whole First Citizens BancShares share is $2,095.82, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.
How are gains on First Citizens BancShares shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the First Citizens BancShares price. Paasa issues a capital-gains statement for your return.
Does First Citizens BancShares pay a dividend, and how is it taxed in India?
Yes. First Citizens BancShares pays a dividend and the current yield is 0.40%; the last declared dividend was $8.40 per share, about ₹805.81. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade First Citizens BancShares from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on First Citizens BancShares shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare First Citizens BancShares shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your First Citizens BancShares holding, its cost and its closing value.
How do I sell First Citizens BancShares and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.