Discontinued — last reported Q1 '22

Other

Payments to Acquire Equipment on Lease

First Citizens BancShares Payments to Acquire Equipment on Lease increased by 41.6% to $194.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.1%, from $170.00M to $194.00M.

Analysis

StatementIncome Statement
SectionOther
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2015
Last reportedQ1 2022

How to read this metric

An increase signals expansion of the leasing portfolio, which may drive future recurring revenue but requires significant upfront capital.

Detailed definition

This metric tracks the cash outflows specifically allocated to purchasing equipment that the company intends to lease to...

Peer comparison

Common for companies with captive finance arms or heavy equipment rental businesses; peers often report this as part of investing activities.

Metric ID: cvx_payments_to_acquire_equipment_on_lease

Historical Data

14 periods
 Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$0.00$226.00M$113.00M$125.00M$288.00M$298.00M$229.00M$191.00M$237.00M$365.00M$170.00M$215.00M$137.00M$194.00M
QoQ Change-50.0%+10.6%+130.4%+3.5%-23.2%-16.6%+24.1%+54.0%-53.4%+26.5%-36.3%+41.6%
YoY Change+27.4%+163.7%+83.2%-33.7%-20.5%+59.4%-11.0%-9.3%-62.5%+14.1%
Range$0.00$365.00M
Avg YoY Growth+21.1%
Median YoY Growth+2.4%

Frequently Asked Questions

What is First Citizens BancShares's payments to acquire equipment on lease?
First Citizens BancShares (FCNCA) reported payments to acquire equipment on lease of $194.00M in Q1 2026.
How has First Citizens BancShares's payments to acquire equipment on lease changed year-over-year?
First Citizens BancShares's payments to acquire equipment on lease increased by 14.1% year-over-year, from $170.00M to $194.00M.
What does payments to acquire equipment on lease mean?
Cash spent to buy equipment specifically for leasing to customers.