Company profile

Ticker
FCNCA, FCNCB, FCNCP
Exchange
CEO
Frank B. Holding
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
IRS number
561528994

FCNCA stock data

(
)

Calendar

3 Nov 20
17 Jan 21
31 Dec 21

News

Quarter (USD) Sep 20 Jun 20 Mar 20 Sep 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 352.42M 352.42M 352.42M 352.42M 352.42M 352.42M
Cash burn (monthly) 12.27M (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn)
Cash used (since last report) 44.09M n/a n/a n/a n/a n/a
Cash remaining 308.33M n/a n/a n/a n/a n/a
Runway (months of cash) 25.1 n/a n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
21 Oct 20 Carson H Brice Class A Common Gift Aquire G No 0 5,000 0 84,508
21 Oct 20 Bristow Claire H Class A Common Gift Aquire G No 0 2,500 0 15,060
21 Oct 20 Frank B Holding JR Class A Common Stock Gift Aquire G No 0 1,250 0 1,250
21 Oct 20 Frank B Holding JR Class A Common Stock Gift Aquire G No 0 1,250 0 3,078
21 Oct 20 Bristow Peter M Class A Common Gift Aquire G No 0 2,500 0 15,060
8 Jul 20 Holding Olivia Britton Class A Common Gift Aquire G No 0 6,000 0 6,080

Financial report summary

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Management Discussion
  • The year-to-date taxable-equivalent net interest margin for 2019 was 3.77%, compared to 3.69% during 2018. The margin increase was primarily due to improved yields on loans and investments. This increase was partially offset by higher deposit costs. During 2019, yields on loans, investment securities and overnight investments increased 19 basis points to 4.58%, 19 basis points to 2.33% and 32 basis points to 2.03%, respectively.
  • Net interest income was $1.31 billion for the year ended December 31, 2019, an increase of $102.7 million, or 8.5%, compared to 2018. Interest income increased $158.4 million primarily due to increased average loans, coupled with increased yields on loans and investments. Interest expense increased by $55.8 million primarily due to an increase in rates paid on deposit accounts.
  • Interest income from loans and leases was $1.22 billion during 2019, an increase of $144.1 million compared to 2018. The increase was primarily due to increased average loans in the commercial, business and residential loan portfolios as well as increased yields, primarily on commercial and business loans and equity lines.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Bad
New words: abandon, abandoned, absence, accurately, Alemany, announced, assumption, calibrated, Chairwoman, CIT, Code, Commissioner, counsel, decree, defend, desire, Ellen, encounter, encountered, fail, FC, foreign, fractional, frame, illegal, imposition, injunction, IX, lieu, merge, momentum, mutually, Nasdaq, notice, official, parent, prevent, preventing, proxy, reached, registration, relationship, reorganization, requisite, restraint, reward, risen, scale, settle, shareholder, successful, suffer, surviving, System, top, unanimously, wholly
Removed: book