Is First Citizens BancShares ($FCNCA) Quietly Engineering a Banking Empire No One Saw Coming?
It is also prudent to assume that EPS can be lower.
Perhaps Growth Loans is More Important Than Interest Rates.
What will be more important is growing the loans. Since loans are pretty homogeneous, you either lend more or consolidate another bank to grow it, without giving up too much of your own equity.
I have not dive into each of the loan growth but I hazard to guess FCNCA grew a lot of loans via acquisitions:
And this is where I find what the local SG banks are trying to do but the banks they acquired has more regulatory issues.
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