Hot Trucking Companies To Own For 2016: First Citizens BancShares Inc.(FCNC A)
First Citizens BancShares, Inc. operates as the holding company for First-Citizens Bank & Trust Company that provides various banking products and services to retail and commercial customers in the United States. It offers transaction and savings deposit accounts, commercial and consumer loans, deposit and treasury services and products, cardholder and merchant services, wealth management services, and other commercial banking services. The company also operates as a broker-dealer in securities that provides investment services, including the sale of annuities and third party mutual funds, as well as title insurance agency services. In addition, it owns and leases real estate properties. The company provides its services through branch, telephone and online banking, and automated teller machine network. It operates branches in 17 states and the District of Columbia. The company was founded in 1893 and headquartered in Raleigh, North Carolina.
Advisors' Opinion:- [By WWW.DAILYFINANCE.COM]
Frank Micelotta/Invision/APWhen Burt Reynolds announced that he was auctioning his memorabilia, the media cited his financial problems. He said he's simplifying his life. When you make resolutions and plan and budget for what you hope will happen in the next year, do you ever ask yourself what went wrong this year? Why did it seem like there was never enough money? What resulted in that overdraft fee -- or onslaught of fees? Answering questions like that, and making sure you don't repeat your mistakes, can make for a better future. With that in mind, let's take a look at some personal finance stories that made the news in 2014 and see what, if anything, we can learn from them to make 2015 an even better year. January In the waning months of 2013, hackers broke into Target's (TGT) system and put 100 milli! on customers' identities at risk by stealing credit and debit card data. While it was a big news story then, it was an even bigger one in January. Also this month, unrelated to Target: The Better Business Bureau warns that credit card scammers were charging stolen credit cards for tiny amounts of money, with $9.84 being a common charge. Criminals evidently believed cardholders wouldn't notice the charges, and that credit card companies wouldn't come after crooks for such small amounts. Lesson learned: Complacency doesn't pay. Monitor your credit card at least on a monthly basis, and for your bank account, weekly or daily isn't a bad idea. February The U.S. Treasury and Justice Department allow banks to provide financial services to marijuana-related businesses that are operating legally within states where marijuana is permitted. Meanwhile, Switzerland's second-largest bank, Credit Suisse, makes news because billions of dollars in U.S. taxes are going unpaid due to some wealthy Americans allegedly using secret Credit Suisse bank accounts. Lesson learned: It's always smart to be on good terms with the Internal Revenue Service. And, boy, do times change.
- [By Tim Melvin]
First Citizens Bank and Trust (FCNCA) is another bank that has seen its returns slipping in the past year. The return on assets and return on equity have both dropping for three consecutive quarters. The tangible equity-to-assets ratio is improving, and now stands at 9.46 but is still below the national averages.
source from Top Stocks For 2015:http://www.topstocksblog.com/hot-trucking-companies-to-own-for-2016.html
No comments:
Post a Comment