What is First Citizens BancShares's general bank — net interest income?

First Citizens BancShares (FCNCA) reported general bank — net interest income of $691.00M in Q1 2024.

How has First Citizens BancShares's general bank — net interest income changed year-over-year?

First Citizens BancShares's general bank — net interest income increased by 25.9% year-over-year, from $549.00M to $691.00M.

What is the long-term trend for First Citizens BancShares's general bank — net interest income?

Over 2 years (2021 to 2023), First Citizens BancShares's general bank — net interest income has grown at a 29.4% compound annual growth rate (CAGR), from $1.45B to $2.42B.

What does general bank — net interest income mean?

The core profit earned from the difference between interest collected on loans and interest paid on deposits.

Discontinued — last reported Q1 '24

Business Segments · Net Interest Income

General Bank — Net Interest Income

First Citizens BancShares General Bank — Net Interest Income increased by 7.5% to $691.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 25.9%, from $549.00M to $691.00M. Over 2 years (FY 2021 to FY 2023), General Bank — Net Interest Income shows an upward trend with a 29.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment

CategoryProfitability

SignalHigher is better

VolatilityModerate

First reportedQ1 2020

Last reportedQ1 2024

Rolls up toNet Interest Income

How to read this metric

An increase suggests improved asset yields, lower funding costs, or growth in the interest-earning asset base, while a decrease may indicate margin compression or reduced lending activity.

Detailed definition

This metric represents the difference between the interest income generated by interest-earning assets, such as loans an...

Peer comparison

Standard across all commercial and retail banking institutions as Net Interest Income (NII).

Metric ID: fcnca_segment_general_bank_net_interest_income

Historical Data

12 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24
Value	$363.00M	$363.00M	$376.00M	$437.00M	$467.00M	$495.00M	$547.00M	$549.00M	$603.00M	$625.00M	$643.00M	$691.00M
QoQ Change	—	+0.0%	+3.6%	+16.2%	+6.9%	+6.0%	+10.5%	+0.4%	+9.8%	+3.6%	+2.9%	+7.5%
YoY Change	—	—	—	—	+28.7%	+36.4%	+45.5%	+25.6%	+29.1%	+26.3%	+17.6%	+25.9%

Range$363.00M – $691.00M

CAGR+26.4%

Avg YoY Growth+29.4%

Median YoY Growth+27.5%

Current Streak11+ quarters growth

Similar Metrics at Other Companies

Regions FinancialRF View metric

Bank of AmericaBAC View metric

Citizens Financial GroupCFG View metric

Regions FinancialRF View metric

Citizens Financial GroupCFG View metric

Frequently Asked Questions

What is First Citizens BancShares's general bank — net interest income?: First Citizens BancShares (FCNCA) reported general bank — net interest income of $691.00M in Q1 2024.
How has First Citizens BancShares's general bank — net interest income changed year-over-year?: First Citizens BancShares's general bank — net interest income increased by 25.9% year-over-year, from $549.00M to $691.00M.
What is the long-term trend for First Citizens BancShares's general bank — net interest income?: Over 2 years (2021 to 2023), First Citizens BancShares's general bank — net interest income has grown at a 29.4% compound annual growth rate (CAGR), from $1.45B to $2.42B.
What does general bank — net interest income mean?: The core profit earned from the difference between interest collected on loans and interest paid on deposits.