Operating

Impairment of premises and equipment and other assets

First Citizens BancShares Impairment of premises and equipment and other assets decreased by 100.0% to $0.00 in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 100.0%, from $4.00M to $0.00. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ1 2021
Last reportedQ1 2026

How to read this metric

An increase signals potential operational inefficiencies or a decline in the value of the company's physical footprint.

Detailed definition

This represents non-cash charges taken to reduce the carrying value of long-lived assets when their fair value falls bel...

Peer comparison

Standard accounting practice across all industries for asset valuation adjustments.

Metric ID: operating_impairment_of_premises_and_equipment_and_other_assets

Historical Data

17 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0.00$0.00$0.00$0.00$0.00$0.00$0.00$49.00M$0.00$0.00$0.00$22.00M$4.00M$1.00M$0.00$1.00M$0.00
QoQ Change-100.0%-81.8%-75.0%-100.0%-100.0%
YoY Change-55.1%-95.5%-100.0%
Range$0.00$49.00M
Avg YoY Growth-83.5%
Median YoY Growth-95.5%
Current Streak6+ quarters decline

Frequently Asked Questions

What is First Citizens BancShares's impairment of premises and equipment and other assets?
First Citizens BancShares (FCNCA) reported impairment of premises and equipment and other assets of $0.00 in Q1 2026.
How has First Citizens BancShares's impairment of premises and equipment and other assets changed year-over-year?
First Citizens BancShares's impairment of premises and equipment and other assets decreased by 100.0% year-over-year, from $4.00M to $0.00.
What does impairment of premises and equipment and other assets mean?
A non-cash expense recorded when the value of physical assets or equipment declines significantly.