Commercial Bank — Depreciation on operating lease equipment
First Citizens BancShares Commercial Bank — Depreciation on operating lease equipment decreased by 2.3% to $43.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.3%, from $44.00M to $43.00M. Over 3 years (FY 2022 to FY 2025), Commercial Bank — Depreciation on operating lease equipment shows relatively stable performance with a 1.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Higher depreciation relative to rental income may indicate aging assets or declining asset utilization efficiency.
Detailed definition
This represents the non-cash expense associated with the wear and tear or obsolescence of equipment held for operating l...
Peer comparison
Standard accounting expense for banks with equipment leasing operations.
fcnca_segment_commercial_bank_depreciation_on_operating_lease_equipmentHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $42.25M | $42.25M | $42.25M | $42.25M | $44.75M | $44.75M | $44.75M | $44.75M | $46.00M | $48.00M | $47.00M | $44.00M | $44.00M | $44.00M | $43.00M | $44.00M | $43.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +5.9% | +0.0% | +0.0% | +0.0% | +2.8% | +4.3% | -2.1% | -6.4% | +0.0% | +0.0% | -2.3% | +2.3% | -2.3% |
| YoY Change | — | — | — | — | +5.9% | +5.9% | +5.9% | +5.9% | +2.8% | +7.3% | +5.0% | -1.7% | -4.3% | -8.3% | -8.5% | +0.0% | -2.3% |
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Frequently Asked Questions
- What is First Citizens BancShares's commercial bank — depreciation on operating lease equipment?
- First Citizens BancShares (FCNCA) reported commercial bank — depreciation on operating lease equipment of $43.00M in Q1 2026.
- How has First Citizens BancShares's commercial bank — depreciation on operating lease equipment changed year-over-year?
- First Citizens BancShares's commercial bank — depreciation on operating lease equipment decreased by 2.3% year-over-year, from $44.00M to $43.00M.
- What is the long-term trend for First Citizens BancShares's commercial bank — depreciation on operating lease equipment?
- Over 3 years (2022 to 2025), First Citizens BancShares's commercial bank — depreciation on operating lease equipment has grown at a 1.2% compound annual growth rate (CAGR), from $169.00M to $175.00M.
- What does commercial bank — depreciation on operating lease equipment mean?
- The non-cash expense for the decline in value of equipment leased to customers.