Discontinued — last reported Q3 '24
Service charges on deposit accounts — Noninterest income
First Citizens BancShares Service charges on deposit accounts — Noninterest income increased by 2.3% to $45.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 2.3%, from $44.00M to $45.00M. Over 2 years (FY 2021 to FY 2023), Service charges on deposit accounts — Noninterest income shows an upward trend with a 28.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests higher customer activity or fee adjustments, while a decrease may indicate lower transaction volume or competitive pressure on fee structures.
Detailed definition
This metric represents the total noninterest income generated from fees assessed on customer deposit accounts, such as o...
Peer comparison
Most regional and national banks report this as a standard component of noninterest income, often categorized under deposit service charges.
fcnca_segment_service_charges_on_deposit_accounts_noninterest_incomeHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $21.00M | $26.00M | $26.00M | $27.00M | $28.00M | $21.00M | $22.00M | $24.00M | $44.00M | $44.00M | $44.00M | $44.00M | $44.00M | $45.00M |
| QoQ Change | — | +23.8% | +0.0% | +3.8% | +3.7% | -25.0% | +4.8% | +9.1% | +83.3% | +0.0% | +0.0% | +0.0% | +0.0% | +2.3% |
| YoY Change | — | — | — | — | +33.3% | -19.2% | -15.4% | -11.1% | +57.1% | +109.5% | +100.0% | +83.3% | +0.0% | +2.3% |
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Frequently Asked Questions
- What is First Citizens BancShares's service charges on deposit accounts — noninterest income?
- First Citizens BancShares (FCNCA) reported service charges on deposit accounts — noninterest income of $45.00M in Q3 2024.
- How has First Citizens BancShares's service charges on deposit accounts — noninterest income changed year-over-year?
- First Citizens BancShares's service charges on deposit accounts — noninterest income increased by 2.3% year-over-year, from $44.00M to $45.00M.
- What is the long-term trend for First Citizens BancShares's service charges on deposit accounts — noninterest income?
- Over 2 years (2021 to 2023), First Citizens BancShares's service charges on deposit accounts — noninterest income has grown at a 28.1% compound annual growth rate (CAGR), from $95.00M to $156.00M.
- What does service charges on deposit accounts — noninterest income mean?
- Revenue earned from fees charged to customers for maintaining or using their deposit accounts.