Discontinued — last reported Q2 '23
Business Segments · Noninterest expenses
General Banking — Noninterest expenses
First Citizens BancShares General Banking — Noninterest expenses decreased by 0.5% to $393.00M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 0.8%, from $390.00M to $393.00M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2020
Last reportedQ2 2023
Rolls up toTotal Operating Expenses
How to read this metric
A decrease relative to revenue indicates improved operating efficiency, whereas an increase may signal heavy investment in growth or rising administrative burdens.
Detailed definition
This metric encompasses all operating costs incurred by the banking segment that are not related to interest-bearing lia...
Peer comparison
Commonly referred to as Noninterest Expense or Operating Expense, this is a universal metric for assessing bank cost structures.
Metric ID:
fcnca_segment_general_banking_noninterest_expensesHistorical Data
9 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $289.00M | $295.00M | $304.00M | $409.00M | $390.00M | $410.00M | $360.00M | $395.00M | $393.00M |
| QoQ Change | — | +2.1% | +3.1% | +34.5% | -4.6% | +5.1% | -12.2% | +9.7% | -0.5% |
| YoY Change | — | — | — | — | +34.9% | +39.0% | +18.4% | -3.4% | +0.8% |
Range$289.00M – $410.00M
CAGR+16.6%
Avg YoY Growth+17.9%
Median YoY Growth+18.4%
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Frequently Asked Questions
- What is First Citizens BancShares's general banking — noninterest expenses?
- First Citizens BancShares (FCNCA) reported general banking — noninterest expenses of $393.00M in Q2 2023.
- How has First Citizens BancShares's general banking — noninterest expenses changed year-over-year?
- First Citizens BancShares's general banking — noninterest expenses increased by 0.8% year-over-year, from $390.00M to $393.00M.
- What does general banking — noninterest expenses mean?
- The total operating costs of the banking segment excluding interest expenses.