Discontinued — last reported Q4 '21
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.
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.
This metric represents the revenue generated from mortgage-related services provided to customers, recognized under cont...
Comparable to mortgage banking income or non-interest income from mortgage operations reported by other regional and national commercial banks.
fcnca_segment_mortgage_income_revenue_from_contracts_with_customers| Q2 '21 | Q3 '21 | Q4 '21 | |
|---|---|---|---|
| Value | $8.53M | $8.41M | $7.28M |
| QoQ Change | — | -1.4% | -13.4% |