Discontinued — last reported Q4 '21

Products & Services · Revenue from contracts with customers

Mortgage income — Revenue from contracts with customers

First Citizens BancShares Mortgage income — Revenue from contracts with customers decreased by 13.4% to $7.28M in Q4 2021 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityVolatile
First reportedQ1 2016
Last reportedQ4 2021
Rolls up toTotal Revenue

How to read this metric

An increase suggests higher mortgage origination volume or improved fee-based service penetration, while a decrease may indicate lower housing market activity or reduced mortgage banking demand.

Detailed definition

This metric represents the revenue generated from mortgage-related services provided to customers, recognized under cont...

Peer comparison

Comparable to mortgage banking income or non-interest income from mortgage operations reported by other regional and national commercial banks.

Metric ID: fcnca_segment_mortgage_income_revenue_from_contracts_with_customers

Historical Data

3 periods
 Q2 '21Q3 '21Q4 '21
Value$8.53M$8.41M$7.28M
QoQ Change-1.4%-13.4%
Range$7.28M$8.53M
Current Streak2+ quarters decline

Frequently Asked Questions

What is First Citizens BancShares's mortgage income — revenue from contracts with customers?
First Citizens BancShares (FCNCA) reported mortgage income — revenue from contracts with customers of $7.28M in Q4 2021.
What does mortgage income — revenue from contracts with customers mean?
Revenue earned from fees associated with mortgage banking services and customer contracts.