Discontinued — last reported Q2 '23
Business Segments · Provision (benefit) for credit losses
Silicon Valley Banking — Provision (benefit) for credit losses
This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2022
Last reportedQ2 2023
Rolls up toProvision for Credit Losses
How to read this metric
An increase suggests higher perceived credit risk or portfolio growth, while a decrease may signal improved credit quality or a more optimistic economic outlook.
Detailed definition
This metric represents the non-cash expense charged to the income statement to build the allowance for credit losses, re...
Peer comparison
Comparable to Provision for Credit Losses reported by other financial institutions, reflecting the credit risk profile of the specific loan book.
Metric ID:
fcnca_segment_silicon_valley_banking_provision_benefit_for_credit_lossesHistorical Data
4 periods
| Q1 '22 | Q2 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | -$47.00M |
Range-$47.00M – $0.00
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Frequently Asked Questions
- What is First Citizens BancShares's silicon valley banking — provision (benefit) for credit losses?
- First Citizens BancShares (FCNCA) reported silicon valley banking — provision (benefit) for credit losses of -$47.00M in Q2 2023.
- What does silicon valley banking — provision (benefit) for credit losses mean?
- The amount set aside by the Silicon Valley Banking segment to cover potential future losses on its loan portfolio.