First Citizens BancShares FCNCA General Bank — Depreciation on operating lease equipment

Other segment segments

Rail

$58M+7.4%

Commercial Bank

$43M-2.3%

Similar metrics at other companies

BANCLeased equipment depreciation

$5.3M-21.3%

CUBICommercial lease depreciation

$12.69M+50.0%

MSBIBanking — Depreciation on premises and equipment

$1.21M-1.8%

CASHCorporate Services/Other — Operating lease equipment depreciation

$0—

TFI

TFINBanking — Depreciation

$1.58M-3.3%

WTFCOperating lease equipment

$10.99M+4.9%

Other financials

Income statement

See full

Revenue$2.3B+0.7%

Net income$534.0M+10.6%

EPS (diluted)$42.63+23.7%

Balance sheet

See full

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

See full

Operating cash flow$172.0M+75.5%

CapEx$141.0M+36.9%

Free cash flow$31.0M+720%

Valuation

See full

Market cap$24.11B-7.3%

Enterprise value$57.55B-10.3%

P/E10.7×-0.2×

P/S2.5×-0.2×

Profitability

See full

Net margin23.6%-2.7pp

FCF margin23.5%+0.8pp

Returns & leverage

See full

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 us-gaap:OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease.

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

Ask your AI about First Citizens BancShares's general bank — depreciation on operating lease equipment.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI

Claude

Questions, answered.

What is First Citizens BancShares's general bank — depreciation on operating lease equipment?: First Citizens BancShares (FCNCA) reported general bank — depreciation on operating lease equipment of $0 in Q1 2026.
What does general bank — depreciation on operating lease equipment mean?: This represents the systematic allocation of the cost of tangible assets held for operating leases over their useful lives. It is a non-cash expense that reduces the book value of leased equipment.