Other

Provision for Credit Losses

First Citizens BancShares Provision for Credit Losses increased by 33.3% to $72.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 53.2%, from $154.00M to $72.00M. Over 3 years (FY 2021 to FY 2025), Provision for Credit Losses shows an upward trend with a 140.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2021
Last reportedQ1 2026

How to read this metric

An increase suggests deteriorating credit quality or portfolio growth, while a decrease may signal improved economic conditions or better loan performance.

Detailed definition

This represents the charge to the income statement to maintain the allowance for credit losses at a level management dee...

Peer comparison

Standard accounting requirement for all banks; highly dependent on the bank's specific risk appetite and economic outlook.

Metric ID: other_credit_loss_expense_reversal_1a2d84

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value-$9.25M-$9.25M-$9.25M$60.00M$79.00M$783.00M$151.00M$192.00M$249.00M$64.00M$95.00M$117.00M$155.00M$154.00M$115.00M$191.00M$54.00M$72.00M
QoQ Change+0.0%+0.0%+748.6%+31.7%+891.1%-80.7%+27.2%+29.7%-74.3%+48.4%+23.2%+32.5%-0.6%-25.3%+66.1%-71.7%+33.3%
YoY Change+748.6%+954.1%+220.0%+215.2%-91.8%-37.1%-39.1%-37.8%+140.6%+21.1%+63.2%-65.2%-53.2%
Range-$9.25M$783.00M
CAGR+62.1%
Avg YoY Growth+156.8%
Median YoY Growth+21.1%

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Commercial Bank$39.00M$11.00M$226.00M$108.00M$47.00M$168.00M$137.00M$55.00M
General Bank$37.00M$55.00M$22.00M$46.00M$13.00M$1.00M$17.00M$17.00M
Rail$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
SVB Commercial$19.00M$51.00M$41.00M$23.00M$55.00M$22.00M
Total$95.00M$117.00M$155.00M$154.00M$115.00M$191.00M$54.00M$72.00M

Commercial Banking, General Banking, Silicon Valley Banking, SVB Commercial were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is First Citizens BancShares's provision for credit losses?
First Citizens BancShares (FCNCA) reported provision for credit losses of $72.00M in Q1 2026.
How has First Citizens BancShares's provision for credit losses changed year-over-year?
First Citizens BancShares's provision for credit losses decreased by 53.2% year-over-year, from $154.00M to $72.00M.
What is the long-term trend for First Citizens BancShares's provision for credit losses?
Over 3 years (2021 to 2025), First Citizens BancShares's provision for credit losses has grown at a 140.4% compound annual growth rate (CAGR), from -$37.00M to $514.00M.
What does provision for credit losses mean?
The amount set aside to cover potential losses from loans that may not be repaid.