What is First Citizens BancShares's rail — pre-tax income?

First Citizens BancShares (FCNCA) reported rail — pre-tax income of $29M in Q1 2026.

How has First Citizens BancShares's rail — pre-tax income changed year-over-year?

First Citizens BancShares's rail — pre-tax income decreased by 3.3% year-over-year, from $30M to $29M.

What does rail — pre-tax income mean?

The total profit generated by the rail segment after accounting for all operating revenues and expenses, but before the deduction of income tax obligations. It serves as a primary measure of the segment's operational profitability.

First Citizens BancShares FCNCA Rail — Pre-Tax Income

Other segment segments

Commercial Bank

$386M+37.4%

General Bank

$368M+7.9%

Similar metrics at other companies

FIP

FIPRailroad — Income (loss) before income taxes

$15.14M+3.4%

FIP

FIPRailroad — Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

$11.85M-14.3%

FIP

FIPRailroad — Provision for (benefit from) income taxes

$3.3M+306%

FSTRRail, Technologies, and Services — Operating Income (Loss)

$4.82M+3,247%

FIP

FIPRailroad — Total revenues

$85.01M+99.4%

GATXRail International — Share of affiliates' earnings (pre-tax)

$0—

Other financials

Income statement

See full

Revenue$2.3B+0.7%

Net income$534.0M+10.6%

EPS (diluted)$42.63+23.7%

Balance sheet

See full

Cash & equivalents$1.1B+33.0%

Total debt$34.5B-12.0%

Total equity$22.0B-1.1%

Total assets$235.96B+3.1%

Cash flow

See full

Operating cash flow$172.0M+75.5%

CapEx$141.0M+36.9%

Free cash flow$31.0M+720%

Valuation

See full

Market cap$24.11B-7.3%

Enterprise value$57.55B-10.3%

P/E10.7×-0.2×

P/S2.5×-0.2×

Profitability

See full

Net margin23.6%-2.7pp

FCF margin23.5%+0.8pp

Returns & leverage

See full

Return on equity10.2%-1.3pp

Debt / equity1.6×-0.2×

Where this comes from

Reported directly by First Citizens BancShares in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

The official record: First Citizens BancShares’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

Ask your AI about First Citizens BancShares's rail — pre-tax income.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI

Claude

Questions, answered.

What is First Citizens BancShares's rail — pre-tax income?: First Citizens BancShares (FCNCA) reported rail — pre-tax income of $29M in Q1 2026.
How has First Citizens BancShares's rail — pre-tax income changed year-over-year?: First Citizens BancShares's rail — pre-tax income decreased by 3.3% year-over-year, from $30M to $29M.
What does rail — pre-tax income mean?: The total profit generated by the rail segment after accounting for all operating revenues and expenses, but before the deduction of income tax obligations. It serves as a primary measure of the segment's operational profitability.