FBNC vs FCNCA

First Bancorp vs First Citizens BancShares, Inc. — Valuation Comparison 2026

By CirclFi Research Team · Updated 2026-06-03 · Data from SEC EDGAR, FRED & GDELT

Quick Summary — FCNCA scores higher on quality with 8.5/10 vs FBNC's 7.8/10. FBNC trades at $59.39 while FCNCA trades at $1996.43. Both analyzed daily using SEC EDGAR data across 13 institutional models.

FBNC

Banks - Regional
First Bancorp
Quality
7.8
out of 10
Value Trap
14
SAFE
Price
$59.39
Last close
Models
12/13
Active
VS

FCNCA

Banks - Regional
First Citizens BancShares, Inc.
Quality
8.5
out of 10
Value Trap
Price
$1996.43
Last close
Models
8/13
Active
FBNC
2 models active
Limited to 2/13 visible models
FCNCA
Quality Score 8.5/10 — top tier
Limited to 2/13 visible models

FBNC vs FCNCA — Fair Value Comparison

FBNC
$0$23$47$70 Price$59.39 Bayesian …$40.59 (-31.7%) Earnings …$42.39 (-28.6%)
FCNCA
$0$785$2K$2K Price$1996.43 EROIC Spr…$499.18 (-75.0%) First Chi…$1067.18 (-46.5%)
Market Price Model 1 Model 2

Model-by-Model Comparison

ModelType FBNC Fair ValueFBNC Upside FCNCA Fair ValueFCNCA Upside
Bayesian DCF Intrinsic $40.59 -31.7%
Earnings Power Value Intrinsic $42.39 -28.6%
EROIC Spread Intrinsic $29.76 -49.9% $499.18 -75.0%
First Chicago Scenario $37.79 -36.4% $1067.18 -46.5%
Markov DDM Intrinsic $•••.•• ••.•% $•••.•• ••.•%
ML-RIV Intrinsic $•••.•• ••.•% $•••.•• ••.•%
PWERM Option-Based $•••.•• ••.•% $•••.•• ••.•%
Regime Cross-Sectional Relative $•••.•• ••.•% $•••.•• ••.•%
Sentiment SOTP Hybrid $•••.•• ••.•% $•••.•• ••.•%
CUCE Ensemble Ensemble $•••.•• ••.•% $•••.•• ••.•%
FTNN Topology Relative $•••.•• ••.•% $•••.•• ••.•%
RCMH-DCF Intrinsic $•••.•• ••.•% $•••.•• ••.•%

FBNC vs FCNCA — Which Stock Is More Undervalued in 2026?

FCNCA scores higher with a 8.5/10 quality rating vs FBNC's 7.8/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

How Do FBNC and FCNCA Valuations Compare?

FBNC currently trades at $59.39 while FCNCA trades at $1996.43. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily for both companies.

Quality of Company: FBNC vs FCNCA

FBNC earns a Quality of Company score of 7.8/10 compared to FCNCA's 8.5/10. The scores are closely matched, indicating similar fundamental quality profiles. The QOC score synthesizes 32 signals spanning profitability margins, revenue growth, free cash flow, capital allocation, and leverage.

Value Trap Risk: FBNC vs FCNCA

Review the value trap analysis for both FBNC and FCNCA to assess whether apparent undervaluation reflects genuine opportunity or hidden fundamental risk.

Both in Banks - Regional

Both FBNC and FCNCA operate in Banks - Regional, which has 329 stocks tracked by CirclFi. Same-industry comparisons provide the most direct insight into relative valuation since both companies face similar regulatory environments, market dynamics, and competitive pressures. Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN), and ensemble methods (CUCE).

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