Discontinued — last reported Q4 '21
Cardholder services, net — Revenue from contracts with customers
First Citizens BancShares Cardholder services, net — Revenue from contracts with customers decreased by 6.6% to $21.37M in Q4 2021 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Growth in this metric indicates successful customer acquisition or increased service utilization within the cardholder base, signaling strong recurring revenue potential.
Detailed definition
This metric captures the revenue recognized from cardholder service agreements that fall under the scope of ASC 606, rep...
Peer comparison
Comparable to 'Service charges on deposit accounts' or 'Other noninterest income from contracts' reported by peers under standard accounting revenue recognition frameworks.
fcnca_segment_cardholder_services_net_revenue_from_contracts_with_customersHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | |
|---|---|---|---|
| Value | $22.47M | $22.88M | $21.37M |
| QoQ Change | — | +1.8% | -6.6% |
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Frequently Asked Questions
- What is First Citizens BancShares's cardholder services, net — revenue from contracts with customers?
- First Citizens BancShares (FCNCA) reported cardholder services, net — revenue from contracts with customers of $21.37M in Q4 2021.
- What does cardholder services, net — revenue from contracts with customers mean?
- Revenue earned from cardholder service contracts based on the delivery of specific services to customers.