Business Segments · Maintenance and other operating lease expenses

Rail — Maintenance and other operating lease expenses

First Citizens BancShares Rail — Maintenance and other operating lease expenses increased by 1.6% to $65.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.1%, from $58.00M to $65.00M. Over 3 years (FY 2022 to FY 2025), Rail — Maintenance and other operating lease expenses shows an upward trend with a 8.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026

How to read this metric

An increase relative to revenue may signal rising maintenance costs or an aging fleet requiring more frequent repairs.

Detailed definition

Direct costs associated with maintaining, repairing, and servicing the rail fleet to ensure operational readiness. This...

Peer comparison

Standard operational expense for transportation and equipment leasing companies.

Metric ID: fcnca_segment_rail_maintenance_and_other_operating_lease_expenses

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$47.25M$47.25M$47.25M$47.25M$55.50M$55.50M$55.50M$55.50M$45.00M$60.00M$59.00M$55.00M$58.00M$55.00M$67.00M$64.00M$65.00M
QoQ Change+0.0%+0.0%+0.0%+17.5%+0.0%+0.0%+0.0%-18.9%+33.3%-1.7%-6.8%+5.5%-5.2%+21.8%-4.5%+1.6%
YoY Change+17.5%+17.5%+17.5%+17.5%-18.9%+8.1%+6.3%-0.9%+28.9%-8.3%+13.6%+16.4%+12.1%
Range$45.00M$67.00M
CAGR+8.3%
Avg YoY Growth+9.8%
Median YoY Growth+13.6%

Frequently Asked Questions

What is First Citizens BancShares's rail — maintenance and other operating lease expenses?
First Citizens BancShares (FCNCA) reported rail — maintenance and other operating lease expenses of $65.00M in Q1 2026.
How has First Citizens BancShares's rail — maintenance and other operating lease expenses changed year-over-year?
First Citizens BancShares's rail — maintenance and other operating lease expenses increased by 12.1% year-over-year, from $58.00M to $65.00M.
What is the long-term trend for First Citizens BancShares's rail — maintenance and other operating lease expenses?
Over 3 years (2022 to 2025), First Citizens BancShares's rail — maintenance and other operating lease expenses has grown at a 8.9% compound annual growth rate (CAGR), from $189.00M to $244.00M.
What does rail — maintenance and other operating lease expenses mean?
Costs incurred to keep the rail fleet in working order.