Discontinued — last reported Q1 '24

Business Segments · Noninterest income

Commercial Banking — Noninterest income

First Citizens BancShares Commercial Banking — Noninterest income decreased by 2.2% to $136.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric declined by 4.9%, from $143.00M to $136.00M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2020
Last reportedQ1 2024

How to read this metric

An increase indicates successful diversification of revenue and higher customer engagement with fee-based services, while a decrease may signal reduced transaction volume or competitive pressure on fees.

Detailed definition

This represents revenue generated by the commercial banking segment from sources other than interest-bearing assets, suc...

Peer comparison

Commonly reported as non-interest income or fee income across the banking industry.

Metric ID: fcnca_segment_commercial_banking_noninterest_income

Historical Data

12 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24
Value$0.00$0.00$0.00$112.00M$130.00M$133.00M$141.00M$143.00M$139.00M$139.00M$139.00M$136.00M
QoQ Change+16.1%+2.3%+6.0%+1.4%-2.8%+0.0%+0.0%-2.2%
YoY Change+27.7%+6.9%+4.5%-1.4%-4.9%
Range$0.00$143.00M
Avg YoY Growth+6.6%
Median YoY Growth+4.5%

Frequently Asked Questions

What is First Citizens BancShares's commercial banking — noninterest income?
First Citizens BancShares (FCNCA) reported commercial banking — noninterest income of $136.00M in Q1 2024.
How has First Citizens BancShares's commercial banking — noninterest income changed year-over-year?
First Citizens BancShares's commercial banking — noninterest income decreased by 4.9% year-over-year, from $143.00M to $136.00M.
What does commercial banking — noninterest income mean?
Revenue earned from fees and services rather than interest on loans.