Discontinued — last reported Q1 '25
Provision for Credit Losses
First Citizens BancShares Provision for Credit Losses increased by 33.3% to $72.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 53.2%, from $154.00M to $72.00M. Over 4 years (FY 2021 to FY 2025), Provision for Credit Losses shows an upward trend with a 93.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase suggests management expects higher default rates or a deteriorating credit environment, while a decrease suggests improved borrower quality.
Detailed definition
This represents the non-cash expense set aside by a financial institution to cover potential losses from loans or credit...
Peer comparison
Common in banking and credit card issuers; peers adjust this based on macroeconomic forecasts and portfolio seasoning.
provision_for_credit_losses_cfHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | 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 | -$19.60M | -$1.12M | -$5.00M | $464.00M | $42.00M | $60.00M | $79.00M | $783.00M | $151.00M | $192.00M | $249.00M | $64.00M | $95.00M | $117.00M | $155.00M | $154.00M | $115.00M | $191.00M | $54.00M | $72.00M |
| QoQ Change | — | +94.3% | -346.4% | >999% | -90.9% | +42.9% | +31.7% | +891.1% | -80.7% | +27.2% | +29.7% | -74.3% | +48.4% | +23.2% | +32.5% | -0.6% | -25.3% | +66.1% | -71.7% | +33.3% |
| YoY Change | — | — | — | — | +314.3% | >999% | >999% | +68.8% | +259.5% | +220.0% | +215.2% | -91.8% | -37.1% | -39.1% | -37.8% | +140.6% | +21.1% | +63.2% | -65.2% | -53.2% |
Provision for Credit Losses at Other Companies
Frequently Asked Questions
- What is First Citizens BancShares's provision for credit losses?
- First Citizens BancShares (FCNCA) reported provision for credit losses of $72.00M in Q1 2026.
- How has First Citizens BancShares's provision for credit losses changed year-over-year?
- First Citizens BancShares's provision for credit losses decreased by 53.2% year-over-year, from $154.00M to $72.00M.
- What is the long-term trend for First Citizens BancShares's provision for credit losses?
- Over 4 years (2021 to 2025), First Citizens BancShares's provision for credit losses has grown at a 93.4% compound annual growth rate (CAGR), from -$36.72M to $514.00M.
- What does provision for credit losses mean?
- The amount of money a lender sets aside to cover expected losses from unpaid debts.