First Citizens BancShares, Inc. has been recommended as a Buy by UBS due to its strong performance in various banking segments.

The company's General Banking segment provides comprehensive services to both retail and commercial customers through its branch network and digital platforms.

The Commercial Banking segment focuses on offering a wide range of financial services, including lending and wealth management, primarily to small and medium-sized enterprises in industries such as healthcare, technology, and aerospace.

The Silicon Valley Banking segment caters to commercial clients in innovation-driven markets, such as private equity and venture capital firms.

Additionally, the Rail segment specializes in leasing and financing solutions for railcars and locomotives, serving railroad companies and shippers.

This strategic diversification positions First Citizens BancShares as a major player in the financial services sector, appealing to a wide range of clients and industries.