First Citizens BancShares (NASDAQ:FCNCA) has outperformed the market over the past 5 years by 21.26% on an annualized basis producing an average annual return of 35.8%. Currently, First Citizens BancShares has a market capitalization of $24.34 billion.
Buying $100 In FCNCA: If an investor had bought $100 of FCNCA stock 5 years ago, it would be worth $475.83 today based on a price of $1831.72 for FCNCA at the time of writing.
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.