Other

Commitments extended during the period on affordable housing investment credits

First Citizens BancShares Commitments extended during the period on affordable housing investment credits 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 $108.00M to $0.00. Over 3 years (FY 2022 to FY 2025), Commitments extended during the period on affordable housing investment credits shows an upward trend with a 80.6% CAGR.

Analysis

StatementCash Flow Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2020
Last reportedQ1 2026

How to read this metric

Higher levels indicate an active commitment to community development and tax credit utilization, which can impact the bank's effective tax rate and regulatory standing.

Detailed definition

This metric represents the total dollar amount of new financial commitments made by the bank toward affordable housing i...

Peer comparison

Standard disclosure for regional and national banks engaged in community development and tax-advantaged investment activities.

Metric ID: other_commitments_extended_on_affordable_housing_investm_3b168d

Historical Data

18 periods
 Q2 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$11.00M$0.00$20.00M$35.00M$55.00M$3.00M$37.00M$41.00M$143.00M$120.00M$203.00M$37.00M$350.00M$108.00M$89.00M$257.00M$194.00M$0.00
QoQ Change-100.0%+75.0%+57.1%-94.5%>999%+10.8%+248.8%-16.1%+69.2%-81.8%+845.9%-69.1%-17.6%+188.8%-24.5%-100.0%
YoY Change+81.8%+85.0%+17.1%+160.0%>999%+448.6%-9.8%+144.8%-10.0%-56.2%+594.6%-44.6%-100.0%
Range$0.00$350.00M
CAGR-100.0%
Avg YoY Growth+400.9%
Median YoY Growth+81.8%
Current Streak2 quarters decline

Frequently Asked Questions

What is First Citizens BancShares's commitments extended during the period on affordable housing investment credits?
First Citizens BancShares (FCNCA) reported commitments extended during the period on affordable housing investment credits of $0.00 in Q1 2026.
How has First Citizens BancShares's commitments extended during the period on affordable housing investment credits changed year-over-year?
First Citizens BancShares's commitments extended during the period on affordable housing investment credits decreased by 100.0% year-over-year, from $108.00M to $0.00.
What is the long-term trend for First Citizens BancShares's commitments extended during the period on affordable housing investment credits?
Over 3 years (2022 to 2025), First Citizens BancShares's commitments extended during the period on affordable housing investment credits has grown at a 80.6% compound annual growth rate (CAGR), from $110.00M to $648.00M.
What does commitments extended during the period on affordable housing investment credits mean?
The total value of new financial pledges made by the bank to support affordable housing development projects.