First Citizens BancShares (NASDAQ:FCNCA) has outperformed the market over the past 20 years by 5.55% on an annualized basis producing an average annual return of 13.55%. Currently, First Citizens BancShares has a market capitalization of $22.24 billion.
Buying $100 In FCNCA: If an investor had bought $100 of FCNCA stock 20 years ago, it would be worth $1,273.96 today based on a price of $1531.00 for FCNCA at the time of writing.
First Citizens BancShares's Performance Over Last 20 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.