Discontinued — last reported Q4 '21
Insurance commissions — Revenue from contracts with customers
First Citizens BancShares Insurance commissions — Revenue from contracts with customers decreased by 3.6% to $3.85M in Q4 2021 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Higher values suggest strong performance in the insurance distribution channel and effective client acquisition for insurance products, whereas declining values may suggest competitive pressure or reduced insurance activity.
Detailed definition
This metric measures the gross revenue recognized from contracts with customers specifically for the issuance and manage...
Peer comparison
Comparable to 'Commission and fee income' from insurance brokerage segments found in the financial statements of diversified financial services firms and regional banks.
fcnca_segment_insurance_commissions_revenue_from_contracts_with_customersHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | |
|---|---|---|---|
| Value | $3.70M | $4.00M | $3.85M |
| QoQ Change | — | +8.0% | -3.6% |
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Frequently Asked Questions
- What is First Citizens BancShares's insurance commissions — revenue from contracts with customers?
- First Citizens BancShares (FCNCA) reported insurance commissions — revenue from contracts with customers of $3.85M in Q4 2021.
- What does insurance commissions — revenue from contracts with customers mean?
- Total commission income earned from providing insurance products and services to customers.