An Invisible Majority: Finding Financing For Small Businesses [Forbes]
First Citizens BancShares, Inc. - Class A (FCNCA)
US:NASDAQ Investor Relations:
firstcitizens.com/about/who-we-are/annual-report
Company Research
Source: Forbes
getty Imagine Tina, a single mother originally from Malaysia who runs a small e-commerce business out of her living room and sells custom-designed T-shirts. Her shirts are manufactured in Asia before being shipped to the United States. Over the past five years, Tina's business has had ups and downs but has stabilized recently. It now boasts over a million dollars in annual sales. However, recently, Tina's business has hit a cash flow snag. A large event organizer ordered 1,000 shirts, but their payment won't come through for two months. Meanwhile, Tina faces mounting bills. She needs to pay $10,000 up front to her suppliers in Vietnam to get a 10% discount on her order, which would save her a significant amount of money. But, despite her stable sales, she doesn't have the cash ready right now. Her personal finances are stretched thin—she's already used up all her credit cards; paid rent, utilities and groceries; and still has her daughter's tuition to worry about. Tina turns to
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FCNCA
News
- Exclusive-Fed's Barr seeks legal advice amid speculation Trump might remove him, sources say [Yahoo! Finance]Yahoo! Finance
- First Citizens BancShares, Inc. (NASDAQ: FCNCA) was downgraded by analysts at Citigroup Inc. from a "strong-buy" rating to a "hold" rating.MarketBeat
- Elliott-backed life insurer draws takeover interest in Wall Street's hottest corner [Yahoo! Finance]Yahoo! Finance
- China Pushes Back Against Bond Frenzy, Sends Yields Climbing [Yahoo! Finance Canada]Yahoo! Finance Canada
- US bank regulator considering legal action against former SVB executives [Yahoo! Finance]Yahoo! Finance
FCNCA
Earnings
- 10/24/24 - Miss
FCNCA
Sec Filings
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- FCNCA's page on the SEC website