Discontinued — last reported Q2 '23
Commercial Banking — Noninterest expenses
First Citizens BancShares Commercial Banking — Noninterest expenses decreased by 10.9% to $188.00M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 4.4%, from $180.00M to $188.00M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to revenue suggests declining operational efficiency, while a decrease may indicate successful cost-containment initiatives or economies of scale.
Detailed definition
This metric captures all operating costs associated with the commercial banking segment, excluding interest expense and...
Peer comparison
Comparable to Noninterest Expense or Operating Expense in other financial institutions, often used to calculate the efficiency ratio.
fcnca_segment_commercial_banking_noninterest_expensesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $1.00M | $1.00M | $0.00 | $191.00M | $180.00M | $186.00M | $189.00M | $211.00M | $188.00M |
| QoQ Change | — | +0.0% | -100.0% | — | -5.8% | +3.3% | +1.6% | +11.6% | -10.9% |
| YoY Change | — | — | — | — | >999% | >999% | — | +10.5% | +4.4% |
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Frequently Asked Questions
- What is First Citizens BancShares's commercial banking — noninterest expenses?
- First Citizens BancShares (FCNCA) reported commercial banking — noninterest expenses of $188.00M in Q2 2023.
- How has First Citizens BancShares's commercial banking — noninterest expenses changed year-over-year?
- First Citizens BancShares's commercial banking — noninterest expenses increased by 4.4% year-over-year, from $180.00M to $188.00M.
- What does commercial banking — noninterest expenses mean?
- The total operating costs incurred to run the commercial banking business, excluding interest and loan loss costs.