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.
An increase relative to revenue may signal rising maintenance costs or an aging fleet requiring more frequent repairs.
Direct costs associated with maintaining, repairing, and servicing the rail fleet to ensure operational readiness. This...
Standard operational expense for transportation and equipment leasing companies.
fcnca_segment_rail_maintenance_and_other_operating_lease_expenses| 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 | $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% |