First Citizens shares hit record high in wake of SVB

First Citizens shares hit record high in wake of SVB purchase

Upworthy

Published 28 Mar 2023

Shares of First Citizens BancShares Inc (FCNCA.O) climbed to a record high on Tuesday, extending gains for a second day after scooping up the assets of failed peer Silicon Valley Bank. First Citizens rallied as much as 7.2%, briefly hitting an all-time peak of $959.99 before paring gains. It was…

#siliconvalleybank #firstcitizens #svb #fdic #isharesregionalbank #etf #michaelbarr #federalreserve #svbfinancialgroup

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First Citizens shares hit record high in wake of SVB purchase

First Citizens shares hit record high in wake of SVB purchase

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