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Side-by-side financial comparison of FIRST CITIZENS BANCSHARES INC (FCNCA) and Fabrinet (FN). Click either name above to swap in a different company.

Fabrinet is the larger business by last-quarter revenue ($1.1B vs $1.1B, roughly 1.0× FIRST CITIZENS BANCSHARES INC). FIRST CITIZENS BANCSHARES INC runs the higher net margin — 49.1% vs 9.9%, a 39.2% gap on every dollar of revenue. On growth, Fabrinet posted the faster year-over-year revenue change (35.9% vs 3.5%). Over the past eight quarters, Fabrinet's revenue compounded faster (24.4% CAGR vs -33.5%).

Citizens Financial Group, Inc. is an American bank holding company, headquartered in Providence, Rhode Island. The company owns the bank Citizens Bank, N.A., which operates in the U.S. states of Connecticut, Delaware, Florida, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Vermont, and Virginia, as well as Washington, DC.

Below is a list of companies having stocks that are included in the S&P MidCap 400 stock market index. The index, maintained by S&P Dow Jones Indices, comprises the common stocks of 400 mid-cap, mostly American, companies. Although called the S&P 400, the index sometimes contains more than 400 stocks when it includes two or more share classes of stock from one of its component companies.

FCNCA vs FN — Head-to-Head

Bigger by revenue
FN
FN
1.0× larger
FN
$1.1B
$1.1B
FCNCA
Growing faster (revenue YoY)
FN
FN
+32.4% gap
FN
35.9%
3.5%
FCNCA
Higher net margin
FCNCA
FCNCA
39.2% more per $
FCNCA
49.1%
9.9%
FN
Faster 2-yr revenue CAGR
FN
FN
Annualised
FN
24.4%
-33.5%
FCNCA

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
FCNCA
FCNCA
FN
FN
Revenue
$1.1B
$1.1B
Net Profit
$534.0M
$112.6M
Gross Margin
12.2%
Operating Margin
10.1%
Net Margin
49.1%
9.9%
Revenue YoY
3.5%
35.9%
Net Profit YoY
10.6%
30.0%
EPS (diluted)
$42.63
$3.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FCNCA
FCNCA
FN
FN
Q1 26
$1.1B
Q4 25
$2.4B
$1.1B
Q3 25
$2.4B
$978.1M
Q2 25
$2.4B
$909.7M
Q1 25
$2.3B
$871.8M
Q4 24
$2.4B
$833.6M
Q3 24
$2.4B
$804.2M
Q2 24
$2.5B
$753.3M
Net Profit
FCNCA
FCNCA
FN
FN
Q1 26
$534.0M
Q4 25
$580.0M
$112.6M
Q3 25
$568.0M
$95.9M
Q2 25
$575.0M
$87.2M
Q1 25
$483.0M
$81.3M
Q4 24
$700.0M
$86.6M
Q3 24
$639.0M
$77.4M
Q2 24
$707.0M
$81.1M
Gross Margin
FCNCA
FCNCA
FN
FN
Q1 26
Q4 25
12.2%
Q3 25
11.9%
Q2 25
12.2%
Q1 25
11.7%
Q4 24
12.1%
Q3 24
12.3%
Q2 24
12.3%
Operating Margin
FCNCA
FCNCA
FN
FN
Q1 26
Q4 25
33.3%
10.1%
Q3 25
30.9%
9.6%
Q2 25
31.9%
9.8%
Q1 25
28.3%
9.0%
Q4 24
30.6%
9.5%
Q3 24
35.7%
9.6%
Q2 24
39.8%
9.7%
Net Margin
FCNCA
FCNCA
FN
FN
Q1 26
49.1%
Q4 25
23.8%
9.9%
Q3 25
23.3%
9.8%
Q2 25
24.2%
9.6%
Q1 25
21.0%
9.3%
Q4 24
29.1%
10.4%
Q3 24
26.1%
9.6%
Q2 24
28.7%
10.8%
EPS (diluted)
FCNCA
FCNCA
FN
FN
Q1 26
$42.63
Q4 25
$45.33
$3.11
Q3 25
$43.08
$2.66
Q2 25
$42.36
$2.41
Q1 25
$34.47
$2.25
Q4 24
$49.19
$2.38
Q3 24
$43.42
$2.13
Q2 24
$47.54
$2.22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FCNCA
FCNCA
FN
FN
Cash + ST InvestmentsLiquidity on hand
$960.8M
Total DebtLower is stronger
$34.0B
Stockholders' EquityBook value
$22.0B
$2.2B
Total Assets
$236.0B
$3.3B
Debt / EquityLower = less leverage
1.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FCNCA
FCNCA
FN
FN
Q1 26
Q4 25
$960.8M
Q3 25
$968.8M
Q2 25
$934.2M
Q1 25
$950.7M
Q4 24
$934.6M
Q3 24
$908.9M
Q2 24
$858.6M
Total Debt
FCNCA
FCNCA
FN
FN
Q1 26
$34.0B
Q4 25
$35.8B
Q3 25
$38.3B
Q2 25
$37.6B
Q1 25
$38.0B
Q4 24
$36.7B
Q3 24
$36.8B
Q2 24
$37.1B
Stockholders' Equity
FCNCA
FCNCA
FN
FN
Q1 26
$22.0B
Q4 25
$22.2B
$2.2B
Q3 25
$22.0B
$2.1B
Q2 25
$22.3B
$2.0B
Q1 25
$22.3B
$1.9B
Q4 24
$22.2B
$1.8B
Q3 24
$22.8B
$1.8B
Q2 24
$22.5B
$1.7B
Total Assets
FCNCA
FCNCA
FN
FN
Q1 26
$236.0B
Q4 25
$229.7B
$3.3B
Q3 25
$233.5B
$3.0B
Q2 25
$229.7B
$2.8B
Q1 25
$228.8B
$2.6B
Q4 24
$223.7B
$2.5B
Q3 24
$220.6B
$2.4B
Q2 24
$219.8B
$2.3B
Debt / Equity
FCNCA
FCNCA
FN
FN
Q1 26
1.54×
Q4 25
1.61×
Q3 25
1.74×
Q2 25
1.69×
Q1 25
1.70×
Q4 24
1.65×
Q3 24
1.61×
Q2 24
1.65×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FCNCA
FCNCA
FN
FN
Operating Cash FlowLast quarter
$46.3M
Free Cash FlowOCF − Capex
$-5.3M
FCF MarginFCF / Revenue
-0.5%
Capex IntensityCapex / Revenue
4.6%
Cash ConversionOCF / Net Profit
0.41×
TTM Free Cash FlowTrailing 4 quarters
$102.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FCNCA
FCNCA
FN
FN
Q1 26
Q4 25
$1.1B
$46.3M
Q3 25
$916.0M
$102.6M
Q2 25
$859.0M
$55.1M
Q1 25
$98.0M
$74.2M
Q4 24
$1.1B
$115.9M
Q3 24
$991.0M
$83.2M
Q2 24
$417.0M
$83.1M
Free Cash Flow
FCNCA
FCNCA
FN
FN
Q1 26
Q4 25
$807.0M
$-5.3M
Q3 25
$678.0M
$57.3M
Q2 25
$733.0M
$4.7M
Q1 25
$-5.0M
$45.7M
Q4 24
$991.0M
$94.0M
Q3 24
$885.0M
$62.9M
Q2 24
$316.0M
$70.4M
FCF Margin
FCNCA
FCNCA
FN
FN
Q1 26
Q4 25
33.1%
-0.5%
Q3 25
27.9%
5.9%
Q2 25
30.9%
0.5%
Q1 25
-0.2%
5.2%
Q4 24
41.2%
11.3%
Q3 24
36.2%
7.8%
Q2 24
12.8%
9.3%
Capex Intensity
FCNCA
FCNCA
FN
FN
Q1 26
Q4 25
10.0%
4.6%
Q3 25
9.8%
4.6%
Q2 25
5.3%
5.5%
Q1 25
4.5%
3.3%
Q4 24
5.3%
2.6%
Q3 24
4.3%
2.5%
Q2 24
4.1%
1.7%
Cash Conversion
FCNCA
FCNCA
FN
FN
Q1 26
Q4 25
1.81×
0.41×
Q3 25
1.61×
1.07×
Q2 25
1.49×
0.63×
Q1 25
0.20×
0.91×
Q4 24
1.60×
1.34×
Q3 24
1.55×
1.07×
Q2 24
0.59×
1.02×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FCNCA
FCNCA

Segment breakdown not available.

FN
FN

Optical Communications$832.6M73%
Non Optical Communications$300.3M27%

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