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First Citizens BancShares FCNCA Commercial Bank — Provision for Credit Losses

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Other financials

Income statement

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

Balance sheet

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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

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

Valuation

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

Profitability

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

Returns & leverage

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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 fcnca:CreditLossExpenseReversal.

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

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Questions, answered.

What is First Citizens BancShares's commercial bank — provision for credit losses?
First Citizens BancShares (FCNCA) reported commercial bank — provision for credit losses of $55M in Q1 2026.
How has First Citizens BancShares's commercial bank — provision for credit losses changed year-over-year?
First Citizens BancShares's commercial bank — provision for credit losses decreased by 49.1% year-over-year, from $108M to $55M.
What is the long-term trend for First Citizens BancShares's commercial bank — provision for credit losses?
Over 3 years (2022 to 2025), First Citizens BancShares's commercial bank — provision for credit losses has grown at a 56.1% compound annual growth rate (CAGR), from $121M to $460M.
What does commercial bank — provision for credit losses mean?
An expense charged to the income statement to maintain the allowance for credit losses at a level management deems adequate to cover expected losses in the loan portfolio. It reflects the bank's assessment of credit risk and the economic environment affecting commercial borrowers.