Discontinued — last reported Q1 '24
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.
Higher deposit levels provide a stable and low-cost funding base for lending operations.
This represents the total funds held by customers in accounts with the bank, serving as the primary source of funding fo...
Standard metric for assessing a bank's funding stability and customer base size.
fcnca_segment_general_banking_deposits| 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 | $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% |