Benzinga - by Benzinga Insights, Benzinga Staff Writer.
First Citizens BancShares (NASDAQ:FCNCA) has outperformed the market over the past 15 years by 5.87% on an annualized basis producing an average annual return of 18.04%. Currently, First Citizens BancShares has a market capitalization of $24.26 billion.
Buying $100 In FCNCA: If an investor had bought $100 of FCNCA stock 15 years ago, it would be worth $1,200.12 today based on a price of $1669.72 for FCNCA at the time of writing.
First Citizens BancShares's Performance Over Last 15 Years
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.
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![$100 Invested In This Stock 15 Years Ago Would Be Worth $1,200 Today](https://d51-invdn-com.investing.com/content/picec7b79325d50a4ea3798cadc2d41e7ef.png)