How has First Citizens BancShares's rail — noninterest expense changed year-over-year?

First Citizens BancShares's rail — noninterest expense increased by 10.4% year-over-year, from $134M to $148M.

What does rail — noninterest expense mean?

Represents the total operating costs incurred by the rail business segment, excluding interest-related expenses. This includes depreciation of rail assets, maintenance costs, personnel expenses, and other administrative overheads required to manage the rail fleet.

First Citizens BancShares FCNCA Rail — Noninterest Expense

Other segment segments

Commercial Bank

$646M-1.2%

General Bank

$600M+6.2%

Similar metrics at other companies

FIP

FIPRailroad — Nonoperating Income (Expense)

-$2.01M-1,705%

FIP

FIPRailroad — Interest Expense, Operating and Nonoperating

$1.5M+978%

FIP

FIPRailroad — Total expenses

$67.86M+141%

FIP

FIPRailroad — Less: Other non-recurring items

$1.47M—

FIP

FIPRailroad — Interest Expense

-$1.5M-978%

FIP

FIPRailroad — Operating Expenses

$46.76M+104%

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:NoninterestExpense.

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

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Questions, answered.

What is First Citizens BancShares's rail — noninterest expense?: First Citizens BancShares (FCNCA) reported rail — noninterest expense of $148M in Q1 2026.
How has First Citizens BancShares's rail — noninterest expense changed year-over-year?: First Citizens BancShares's rail — noninterest expense increased by 10.4% year-over-year, from $134M to $148M.
What does rail — noninterest expense mean?: Represents the total operating costs incurred by the rail business segment, excluding interest-related expenses. This includes depreciation of rail assets, maintenance costs, personnel expenses, and other administrative overheads required to manage the rail fleet.