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NEW YORK ( TheStreet) -- First Citizens BancShares Inc (DE (Nasdaq: FCNCA) hit a new 52-week low Thursday as it is currently trading at $138.13, below its previous 52-week low of $140.52 with 441 shares traded as of 9:41 a.m. ET. Average volume has been 15,800 shares over the past 30 days. First Citizens BancShares Inc (DE has a market cap of $1.3 billion and is part of the financial sector and banking industry. Shares are down 25.2% year to date as of the close of trading on Wednesday. First Citizens BancShares, Inc. operates as the holding company for First-Citizens Bank & Trust Company that provides various banking products and services to retail and commercial customers in the United States. The company has a P/E ratio of 11.1, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7.