First National Bank Invests Heavily in Cisco Systems

First National Bank of Omaha has made a significant investment in Cisco Systems, Inc. by purchasing 257,658 shares valued at approximately $30.303 million.

This new position accounts for about 0.9% of the bank's portfolio and makes it their 22nd largest holding.

Cisco Systems' stock price has been influenced by its strong performance in recent quarters, with a record fiscal fourth-quarter revenue of about $17.3 billion and non-GAAP EPS of $1.22 exceeding estimates.