Discontinued — last reported Q1 '24
General Banking — Noninterest income
First Citizens BancShares General Banking — Noninterest income increased by 13.3% to $145.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 22.9%, from $118.00M to $145.00M. Over 2 years (FY 2021 to FY 2023), General Banking — Noninterest income shows an upward trend with a 6.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Growth indicates successful diversification and increased customer engagement with fee-based products.
Detailed definition
This represents revenue generated from sources other than interest on loans and investments, such as service charges, de...
Peer comparison
Standard metric for all financial institutions to measure non-lending revenue performance.
fcnca_segment_general_banking_noninterest_incomeHistorical Data
| 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 | $104.00M | $110.00M | $108.00M | $123.00M | $125.00M | $118.00M | $111.00M | $118.00M | $119.00M | $125.00M | $128.00M | $145.00M |
| QoQ Change | — | +5.8% | -1.8% | +13.9% | +1.6% | -5.6% | -5.9% | +6.3% | +0.8% | +5.0% | +2.4% | +13.3% |
| YoY Change | — | — | — | — | +20.2% | +7.3% | +2.8% | -4.1% | -4.8% | +5.9% | +15.3% | +22.9% |
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Frequently Asked Questions
- What is First Citizens BancShares's general banking — noninterest income?
- First Citizens BancShares (FCNCA) reported general banking — noninterest income of $145.00M in Q1 2024.
- How has First Citizens BancShares's general banking — noninterest income changed year-over-year?
- First Citizens BancShares's general banking — noninterest income increased by 22.9% year-over-year, from $118.00M to $145.00M.
- What is the long-term trend for First Citizens BancShares's general banking — noninterest income?
- Over 2 years (2021 to 2023), First Citizens BancShares's general banking — noninterest income has grown at a 6.5% compound annual growth rate (CAGR), from $432.00M to $490.00M.
- What does general banking — noninterest income mean?
- Revenue earned from fees and services rather than interest payments.