Discontinued — last reported Q1 '24
Business Segments · Pre-Tax Income
General Banking — Pre-Tax Income
First Citizens BancShares General Banking — Pre-Tax Income decreased by 13.5% to $288.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 11.2%, from $259.00M to $288.00M. Over 2 years (FY 2021 to FY 2023), General Banking — Pre-Tax Income shows an upward trend with a 28.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2020
Last reportedQ1 2024
Rolls up toPre-Tax Income
How to read this metric
Higher values indicate stronger operational performance and profitability for the segment.
Detailed definition
This represents the total profit generated by the segment before accounting for tax obligations. It reflects the operati...
Peer comparison
Standard measure of pre-tax profitability used to compare business units across banks.
Metric ID:
fcnca_segment_general_banking_income_before_income_taxesHistorical 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 | $199.00M | $179.00M | $185.00M | $166.00M | $195.00M | $211.00M | $290.00M | $259.00M | $300.00M | $332.00M | $333.00M | $288.00M |
| QoQ Change | — | -10.1% | +3.4% | -10.3% | +17.5% | +8.2% | +37.4% | -10.7% | +15.8% | +10.7% | +0.3% | -13.5% |
| YoY Change | — | — | — | — | -2.0% | +17.9% | +56.8% | +56.0% | +53.8% | +57.3% | +14.8% | +11.2% |
Range$166.00M – $333.00M
CAGR+14.4%
Avg YoY Growth+33.2%
Median YoY Growth+35.9%
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Frequently Asked Questions
- What is First Citizens BancShares's general banking — pre-tax income?
- First Citizens BancShares (FCNCA) reported general banking — pre-tax income of $288.00M in Q1 2024.
- How has First Citizens BancShares's general banking — pre-tax income changed year-over-year?
- First Citizens BancShares's general banking — pre-tax income increased by 11.2% year-over-year, from $259.00M to $288.00M.
- What is the long-term trend for First Citizens BancShares's general banking — pre-tax income?
- Over 2 years (2021 to 2023), First Citizens BancShares's general banking — pre-tax income has grown at a 28.8% compound annual growth rate (CAGR), from $738.00M to $1.22B.
- What does general banking — pre-tax income mean?
- The segment's profit before paying income taxes.