5 NASDAQ Stocks with Lowest PE Ratios

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1. First Citizens BancShares, Inc. (NASDAQ:FCNCA)

Number of Hedge Fund Investors In Q2 2023: 49

Latest P/E Ratio: 1.86

First Citizens BancShares, Inc. (NASDAQ:FCNCA) is a regional bank headquartered in Raleigh, North Carolina. The firm’s second quarter results saw the firm significantly grow its net interest income and overall profit, as a high loan yield and its Silicon Valley Bank acquisition fueled the growth.

49 out of the 910 hedge funds part of Insider Monkey’s Q2 2023 database had invested in First Citizens BancShares, Inc. (NASDAQ:FCNCA). Out of these, the firm’s largest stakeholder is Natixis Global Asset Management’s Harris Associates through its $666 million investment.

Follow First Citizens Bancshares Inc (NASDAQ:FCNCA)

Disclosure: None.  You can also take a look at 11 Most Undervalued Bank Stocks To Buy According To Wall Street Analysts and 11 Most Undervalued Renewable Energy Stocks to Buy.

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