Discontinued — last reported Q1 '24

Business Segments · Deposits

General Banking — Deposits

First Citizens BancShares General Banking — Deposits decreased by 30.7% to $71.15B in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 0.0%, from $71.12B to $71.15B. Over 2 years (FY 2021 to FY 2023), General Banking — Deposits shows an upward trend with a 37.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2020
Last reportedQ1 2024
Rolls up toDeposits

How to read this metric

Higher deposit levels provide a stable and low-cost funding base for lending operations.

Detailed definition

This represents the total funds held by customers in accounts with the bank, serving as the primary source of funding fo...

Peer comparison

Standard metric for assessing a bank's funding stability and customer base size.

Metric ID: fcnca_segment_general_banking_deposits

Historical Data

12 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24
Value$48.34B$49.99B$51.34B$85.46B$83.52B$82.73B$84.37B$71.12B$95.32B$101.02B$102.65B$71.15B
QoQ Change+3.4%+2.7%+66.4%-2.3%-0.9%+2.0%-15.7%+34.0%+6.0%+1.6%-30.7%
YoY Change+72.8%+65.5%+64.3%-16.8%+14.1%+22.1%+21.7%+0.0%
Range$48.34B$102.65B
CAGR+15.1%
Avg YoY Growth+30.5%
Median YoY Growth+21.9%

Frequently Asked Questions

What is First Citizens BancShares's general banking — deposits?
First Citizens BancShares (FCNCA) reported general banking — deposits of $71.15B in Q1 2024.
How has First Citizens BancShares's general banking — deposits changed year-over-year?
First Citizens BancShares's general banking — deposits increased by 0.0% year-over-year, from $71.12B to $71.15B.
What is the long-term trend for First Citizens BancShares's general banking — deposits?
Over 2 years (2021 to 2023), First Citizens BancShares's general banking — deposits has grown at a 37.1% compound annual growth rate (CAGR), from $196.96B to $370.11B.
What does general banking — deposits mean?
The total amount of money customers have deposited with the bank.