Discontinued — last reported Q1 '24
Commercial Bank — Net Interest Income
First Citizens BancShares Commercial Bank — Net Interest Income decreased by 0.4% to $270.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 13.4%, from $238.00M to $270.00M. Over 2 years (FY 2021 to FY 2023), Commercial Bank — Net Interest Income shows an upward trend with a 651.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates improved net interest margins or growth in the interest-earning asset base, while a decrease suggests margin compression or reduced lending activity.
Detailed definition
This metric represents the difference between the interest income generated by interest-earning assets and the interest...
Peer comparison
Standard across all commercial banking institutions, typically compared against peer net interest margin trends and loan growth rates.
fcnca_segment_commercial_bank_net_interest_incomeHistorical 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.00M | $5.00M | $5.00M | $207.00M | $204.00M | $230.00M | $243.00M | $238.00M | $258.00M | $249.00M | $271.00M | $270.00M |
| QoQ Change | — | +25.0% | +0.0% | >999% | -1.4% | +12.7% | +5.7% | -2.1% | +8.4% | -3.5% | +8.8% | -0.4% |
| YoY Change | — | — | — | — | >999% | >999% | >999% | +15.0% | +26.5% | +8.3% | +11.5% | +13.4% |
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Frequently Asked Questions
- What is First Citizens BancShares's commercial bank — net interest income?
- First Citizens BancShares (FCNCA) reported commercial bank — net interest income of $270.00M in Q1 2024.
- How has First Citizens BancShares's commercial bank — net interest income changed year-over-year?
- First Citizens BancShares's commercial bank — net interest income increased by 13.4% year-over-year, from $238.00M to $270.00M.
- What is the long-term trend for First Citizens BancShares's commercial bank — net interest income?
- Over 2 years (2021 to 2023), First Citizens BancShares's commercial bank — net interest income has grown at a 651.3% compound annual growth rate (CAGR), from $18.00M to $1.02B.
- What does commercial bank — net interest income mean?
- The profit a commercial banking segment earns from its lending and deposit activities after accounting for interest costs.