FCNCA drawdown: 4.9% below the all-time high
First Citizens BancShares Inc. (FCNCA) is 4.9% below its all-time high, set Nov 22, 2024 (as of market close, Aug 6, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown. "All-time" means since our price data begins (1986).
- Below all-time high
- −4.9%
- 95.1% of ATH
- All-time high
- $2,353
- Nov 22, 2024
- Time below the high
- 1.7 yrs
- since Nov 22, 2024
- Worst-ever drawdown
- −64.1%
- Mar 6, 2009
- Longest underwater
- 7.3 yrs
- between all-time highs
- Today's level first reached
- Nov 6, 2024
- 1.7 yrs ago
- Last time this deep
- Nov 14, 2024
- in a previous episode
% of all-time high since 1986#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater.
% of all-time high on the price basis — the all-time high considers the full history of FCNCA, including years before the visible window. Dividends are excluded on this basis (the convention headlines use).
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Jul 25, 2006 | Mar 6, 2009 | −64.1% | 2.6 yrs | Nov 8, 2013 | 7.3 yrs |
| Feb 9, 1998 | Jul 5, 2000 | −53.7% | 2.4 yrs | Dec 18, 2003 | 5.9 yrs |
| Nov 10, 1986 | Oct 30, 1990 | −51.9% | 4.0 yrs | Aug 12, 1992 | 5.8 yrs |
| Jan 30, 2020 | Mar 20, 2020 | −47.5% | 50 days | Nov 9, 2020 | 9 mo |
| Sep 2, 2021 | Mar 17, 2023 | −43.9% | 1.5 yrs | Mar 28, 2023 | 1.6 yrs |
| Feb 2, 1993 | Mar 29, 1994 | −36.0% | 14 mo | Feb 26, 1996 | 3.1 yrs |
| Nov 22, 2024 | Apr 8, 2025 | −33.6% | 5 mo | not yet | 1.7 yrs+ |
| Aug 24, 2018 | Dec 24, 2018 | −24.5% | 4 mo | Sep 12, 2019 | 13 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 1986: how far FCNCA stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: FCNCA is on this chart precisely because it survived — the many stocks that fell this far and never recovered (or were delisted) aren't on anyone's chart, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ
- How far is FCNCA from its all-time high?
- FCNCA is currently 4.9% below its all-time high, set Nov 22, 2024 (as of market close, Aug 6, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest FCNCA drawdown ever?
- The deepest decline on record in our data (since 1986) took the stock 64.1% below its prior high, bottoming Mar 6, 2009. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 1986 (split-adjusted). "All-time" means since our price data begins — FCNCA may have traded earlier. For a 150-year index drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year, 150 years of returns and the rolling-returns explorer. Past performance does not predict future returns; not investment advice.