Skip to content

First Citizens BancShares FCNCA Commercial Bank — Depreciation on operating lease equipment

Other segment segments

Rail
$58M+7.4%
General Bank
$0

Similar metrics at other companies

Customers Bancorp logo
CUBICommercial lease depreciation
$12.69M+50.0%
Pathward Financial, Inc. logo
CASHCommercial — Operating lease equipment depreciation
$9.08M-23.0%
M&T Bank logo
MTBCommercial Bank — Depreciation and amortization of premises and equipment
$10M0.0%
Banc of California logo
BANCLeased equipment depreciation
$5.3M-21.3%
1st Source Corporation logo
SRCEDepreciation expense
$454K-36.8%
Caterpillar logo
CATFinancial Products — Depreciation on equipment leased to others
$174.75M-3.2%

Other financials

Income statement

See full
Revenue$2.3B+0.7%
Net income$534.0M+10.6%
EPS (diluted)$42.63+23.7%

Balance sheet

See full
Cash & equivalents$1.1B+33.0%
Total debt$34.5B-12.0%
Total equity$22.0B-1.1%
Total assets$235.96B+3.1%

Cash flow

See full
Operating cash flow$172.0M+75.5%
CapEx$141.0M+36.9%
Free cash flow$31.0M+720%

Valuation

See full
Market cap$24.11B-7.3%
Enterprise value$57.55B-10.3%
P/E10.7×-0.2×
P/S2.5×-0.2×

Profitability

See full
Net margin23.6%-2.7pp
FCF margin23.5%+0.8pp

Returns & leverage

See full
Return on equity10.2%-1.3pp
Debt / equity1.6×-0.2×

Where this comes from

Reported directly by First Citizens BancShares in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease.

The official record: First Citizens BancShares’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

Ask your AI about First Citizens BancShares's commercial bank — depreciation on operating lease equipment.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is First Citizens BancShares's commercial bank — depreciation on operating lease equipment?
First Citizens BancShares (FCNCA) reported commercial bank — depreciation on operating lease equipment of $43M in Q1 2026.
How has First Citizens BancShares's commercial bank — depreciation on operating lease equipment changed year-over-year?
First Citizens BancShares's commercial bank — depreciation on operating lease equipment decreased by 2.3% year-over-year, from $44M to $43M.
What is the long-term trend for First Citizens BancShares's commercial bank — depreciation on operating lease equipment?
Over 3 years (2022 to 2025), First Citizens BancShares's commercial bank — depreciation on operating lease equipment has grown at a 1.2% compound annual growth rate (CAGR), from $169M to $175M.
What does commercial bank — depreciation on operating lease equipment mean?
This represents the non-cash expense associated with the wear and tear or obsolescence of equipment held for operating leases. It is a direct cost of maintaining the equipment leasing portfolio. Tracking this helps in calculating the net profitability of the leasing business.