First Citizens BancShares (NASDAQ:FCNCA) has outperformed the market over the past 15 years by 4.73% on an annualized basis producing an average annual return of 17.45%. Currently, First Citizens BancShares has a market capitalization of $21.52 billion.
Buying $100 In FCNCA: If an investor had bought $100 of FCNCA stock 15 years ago, it would be worth $1,069.30 today based on a price of $1482.06 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.