Discontinued — last reported Q1 '23
CIT Group Inc. — Noninterest income
First Citizens BancShares CIT Group Inc. — Noninterest income decreased by 95.5% to $14.00M in Q1 2023 compared to the prior quarter. Year-over-year, this metric declined by 95.5%, from $310.00M to $14.00M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates successful diversification of revenue streams and stronger fee-based business performance, while a decrease suggests potential weakness in service-related activities.
Detailed definition
This metric captures all revenue generated by the CIT Group segment that is not derived from interest-earning assets, su...
Peer comparison
Comparable to noninterest income or fee income reported by similar commercial finance or banking business units.
fcnca_segment_cit_group_inc_noninterest_incomeHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | |
|---|---|---|---|---|---|
| Value | $310.00M | $310.00M | $310.00M | $310.00M | $14.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -95.5% |
| YoY Change | — | — | — | — | -95.5% |
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Frequently Asked Questions
- What is First Citizens BancShares's cit group inc. — noninterest income?
- First Citizens BancShares (FCNCA) reported cit group inc. — noninterest income of $14.00M in Q1 2023.
- How has First Citizens BancShares's cit group inc. — noninterest income changed year-over-year?
- First Citizens BancShares's cit group inc. — noninterest income decreased by 95.5% year-over-year, from $310.00M to $14.00M.
- What does cit group inc. — noninterest income mean?
- Revenue earned by the CIT Group segment from sources other than interest, such as fees and service charges.