Discontinued — last reported Q3 '24
Fee income and other service charges — Noninterest income
First Citizens BancShares Fee income and other service charges — Noninterest income increased by 5.2% to $81.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 14.1%, from $71.00M to $81.00M. Over 2 years (FY 2021 to FY 2023), Fee income and other service charges — Noninterest income shows an upward trend with a 185.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests successful cross-selling of services or higher customer transaction volume, while a decrease may indicate reduced customer activity or competitive pressure on fee structures.
Detailed definition
This metric represents the revenue generated from service charges, transaction fees, and other non-interest-based financ...
Peer comparison
Peer banks typically report this as non-interest income or fee-based revenue, with variations depending on the mix of wealth management, deposit service charges, and card processing fees.
fcnca_segment_fee_income_and_other_service_charges_noninterest_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 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $10.00M | $10.00M | $4.00M | $36.00M | $37.00M | $41.00M | $43.00M | $47.00M | $70.00M | $71.00M | $80.00M | $75.00M | $77.00M | $81.00M |
| QoQ Change | — | +0.0% | -60.0% | +800.0% | +2.8% | +10.8% | +4.9% | +9.3% | +48.9% | +1.4% | +12.7% | -6.3% | +2.7% | +5.2% |
| YoY Change | — | — | — | — | +270.0% | +310.0% | +975.0% | +30.6% | +89.2% | +73.2% | +86.0% | +59.6% | +10.0% | +14.1% |
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Frequently Asked Questions
- What is First Citizens BancShares's fee income and other service charges — noninterest income?
- First Citizens BancShares (FCNCA) reported fee income and other service charges — noninterest income of $81.00M in Q3 2024.
- How has First Citizens BancShares's fee income and other service charges — noninterest income changed year-over-year?
- First Citizens BancShares's fee income and other service charges — noninterest income increased by 14.1% year-over-year, from $71.00M to $81.00M.
- What is the long-term trend for First Citizens BancShares's fee income and other service charges — noninterest income?
- Over 2 years (2021 to 2023), First Citizens BancShares's fee income and other service charges — noninterest income has grown at a 185.0% compound annual growth rate (CAGR), from $33.00M to $268.00M.
- What does fee income and other service charges — noninterest income mean?
- Revenue earned from service fees and charges that are not derived from interest on loans or investments.