Business Segments · Depreciation on operating lease equipment

Rail — Depreciation on operating lease equipment

First Citizens BancShares Rail — Depreciation on operating lease equipment remained flat by 0.0% to $58.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.4%, from $54.00M to $58.00M. Over 3 years (FY 2022 to FY 2025), Rail — Depreciation on operating lease equipment shows an upward trend with a 8.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026
Rolls up toD&A

How to read this metric

A rising trend relative to revenue may indicate an aging fleet requiring higher capital expenditure or shorter useful life estimates.

Detailed definition

The systematic allocation of the cost of rail assets over their estimated useful lives. This non-cash expense reflects t...

Peer comparison

Standard expense item for any capital-intensive leasing business.

Metric ID: fcnca_segment_rail_depreciation_on_operating_lease_equipment

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$44.00M$44.00M$44.00M$44.00M$48.00M$48.00M$48.00M$48.00M$50.00M$50.00M$52.00M$57.00M$54.00M$56.00M$55.00M$58.00M$58.00M
QoQ Change+0.0%+0.0%+0.0%+9.1%+0.0%+0.0%+0.0%+4.2%+0.0%+4.0%+9.6%-5.3%+3.7%-1.8%+5.5%+0.0%
YoY Change+9.1%+9.1%+9.1%+9.1%+4.2%+4.2%+8.3%+18.8%+8.0%+12.0%+5.8%+1.8%+7.4%
Range$44.00M$58.00M
CAGR+7.2%
Avg YoY Growth+8.2%
Median YoY Growth+8.3%
Current Streak2 quarters growth

Frequently Asked Questions

What is First Citizens BancShares's rail — depreciation on operating lease equipment?
First Citizens BancShares (FCNCA) reported rail — depreciation on operating lease equipment of $58.00M in Q1 2026.
How has First Citizens BancShares's rail — depreciation on operating lease equipment changed year-over-year?
First Citizens BancShares's rail — depreciation on operating lease equipment increased by 7.4% year-over-year, from $54.00M to $58.00M.
What is the long-term trend for First Citizens BancShares's rail — depreciation on operating lease equipment?
Over 3 years (2022 to 2025), First Citizens BancShares's rail — depreciation on operating lease equipment has grown at a 8.2% compound annual growth rate (CAGR), from $176.00M to $223.00M.
What does rail — depreciation on operating lease equipment mean?
The accounting cost of the aging rail equipment fleet.