Discontinued — last reported Q2 '23
Business Segments · Noninterest expenses
Rail — Noninterest expenses
First Citizens BancShares Rail — Noninterest expenses increased by 0.8% to $121.00M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 9.0%, from $111.00M to $121.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2020
Last reportedQ2 2023Aug 4, 2023
Rolls up toTotal Operating Expenses
How to read this metric
Lower expenses relative to revenue indicate higher operational efficiency, while rising expenses may signal inflationary pressures or increased maintenance requirements.
Detailed definition
This metric captures all operating costs associated with the rail segment, excluding interest expense and credit loss pr...
Peer comparison
Comparable to noninterest expense or operating expenses in any business segment that manages physical assets.
Metric ID:
fcnca_segment_rail_noninterest_expensesHistorical Data
9 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | $100.00M | $111.00M | $110.00M | $108.00M | $120.00M | $121.00M |
| QoQ Change | — | — | — | — | +11.0% | -0.9% | -1.8% | +11.1% | +0.8% |
| YoY Change | — | — | — | — | — | — | — | +20.0% | +9.0% |
Range$0.00 – $121.00M
Avg YoY Growth+14.5%
Median YoY Growth+14.5%
Current Streak2 quarters growth
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Frequently Asked Questions
- What is First Citizens BancShares's rail — noninterest expenses?
- First Citizens BancShares (FCNCA) reported rail — noninterest expenses of $121.00M in Q2 2023.
- How has First Citizens BancShares's rail — noninterest expenses changed year-over-year?
- First Citizens BancShares's rail — noninterest expenses increased by 9.0% year-over-year, from $111.00M to $121.00M.
- What does rail — noninterest expenses mean?
- The total operating costs required to run the rail business, excluding interest and credit-related charges.