Discontinued — last reported Q4 '21
Products & Services · Revenue from contracts with customers
Wealth management services — Revenue from contracts with customers
First Citizens BancShares Wealth management services — Revenue from contracts with customers increased by 3.0% to $32.90M in Q4 2021 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2016
Last reportedQ4 2021
Rolls up toTotal Revenue
How to read this metric
An increase suggests a growing base of recurring contractual relationships, whereas a decrease may indicate a shift in service mix or loss of client contracts.
Detailed definition
This metric measures the revenue recognized from specific service agreements and contracts within the wealth management...
Peer comparison
Comparable to 'Revenue from Contracts with Customers' reported under ASC 606 by financial services firms, specifically within their wealth or asset management segments.
Metric ID:
fcnca_segment_wealth_management_services_revenue_from_contracts_with_customersHistorical Data
3 periods
| Q2 '21 | Q3 '21 | Q4 '21 | |
|---|---|---|---|
| Value | $21.88M | $31.94M | $32.90M |
| QoQ Change | — | +45.9% | +3.0% |
Range$21.88M – $32.90M
Current Streak2+ quarters growth
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Frequently Asked Questions
- What is First Citizens BancShares's wealth management services — revenue from contracts with customers?
- First Citizens BancShares (FCNCA) reported wealth management services — revenue from contracts with customers of $32.90M in Q4 2021.
- What does wealth management services — revenue from contracts with customers mean?
- Revenue derived specifically from contractual service agreements within the wealth management business unit.