Discontinued — last reported Q1 '24
Business Segments · Pre-Tax Income
Silicon Valley Banking — Pre-Tax Income
First Citizens BancShares Silicon Valley Banking — Pre-Tax Income increased by 45.8% to $277.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 1104.3%, from $23.00M to $277.00M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2021
Last reportedQ1 2024
Rolls up toPre-Tax Income
How to read this metric
Higher values indicate stronger operational performance and better control over core business costs.
Detailed definition
This metric reflects the segment's profitability before accounting for income tax expenses. It allows for the evaluation...
Peer comparison
Commonly reported as pre-tax income in segment disclosures for diversified financial firms.
Metric ID:
fcnca_segment_silicon_valley_banking_income_before_income_taxesHistorical Data
12 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $23.00M | $259.00M | $216.00M | $190.00M | $277.00M |
| QoQ Change | — | — | — | — | — | — | — | — | >999% | -16.6% | -12.0% | +45.8% |
| YoY Change | — | — | — | — | — | — | — | — | — | — | — | >999% |
Range$0.00 – $277.00M
Avg YoY Growth>999%
Median YoY Growth>999%
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Frequently Asked Questions
- What is First Citizens BancShares's silicon valley banking — pre-tax income?
- First Citizens BancShares (FCNCA) reported silicon valley banking — pre-tax income of $277.00M in Q1 2024.
- How has First Citizens BancShares's silicon valley banking — pre-tax income changed year-over-year?
- First Citizens BancShares's silicon valley banking — pre-tax income increased by 1104.3% year-over-year, from $23.00M to $277.00M.
- What does silicon valley banking — pre-tax income mean?
- The segment's profit before paying income taxes.