First Citizens Bank & Trust 13F: Adds $5.4M to MA Stake

First Citizens Bank & Trust has significantly increased its holdings in Mastercard Incorporated (NYSE:MA), according to its latest Form 13F filing with the SEC. The bank added 9,755 shares, raising its total stake by 167.7% to 15,572 shares, valued at approximately $8.59 million as of the reporting period.

What Changed in First Citizens Bank & Trust's Mastercard Position

First Citizens Bank & Trust grew its stake in Mastercard from 5,817 shares to 15,572 shares, adding 9,755 shares. This represents a 167.7% increase in their holdings, now valued at about $8.59 million. This filing reflects holdings as of the reporting period and may not represent the bank's current position.

Mastercard Incorporated Stock Up 1.8%

Shares of Mastercard (NYSE:MA) were previously trading near $603.24. The company, which operates in the credit services industry, has a market cap of approximately $539.9 billion. Mastercard's P/E ratio stands at 33.9, with a forward P/E of 26.7 and a beta of 0.76. Over the past 52 weeks, the stock has ranged from $464.52 to $619.80. Its 50-day moving average is $574.78, while the 200-day moving average is $532.80. Mastercard maintains a current ratio of 1.06 and a quick ratio of 0.67, with a debt-to-equity ratio of 439.58.

Recent Earnings

Mastercard reported revenue of approximately $35.08 billion, with a revenue growth rate of 14.1%. The company's net margin is 46.3%, and it has a return on equity (ROE) of 241.2%. Earnings per share (EPS) are reported at $18.18. Investors can look forward to the next earnings report on October 29, 2026.

Dividend

Mastercard offers a dividend yield of 0.56%, with an annual payout ratio of 17.93%.

About Mastercard

Mastercard Incorporated is a technology company based in Purchase, New York. It provides a wide range of payment-related products and services globally, including transaction processing and payment solutions for account holders, merchants, and financial institutions. The company, led by CEO Michael Miebach, employs around 39,800 people.

Bottom Line

First Citizens Bank & Trust's substantial increase in its Mastercard holdings is a notable move, reflecting confidence in the company's performance. Mastercard continues to be a major player in the financial services sector, offering a variety of payment solutions worldwide. As always, remember that 13F filings are backward-looking and may not reflect the investor's current position.