What is First Citizens BancShares's net addition to the allowance for credit losses?

First Citizens BancShares (FCNCA) reported net addition to the allowance for credit losses of -$8.00M in Q1 2026.

Discontinued — last reported Q4 '25

Net addition to the allowance for credit losses

First Citizens BancShares Net addition to the allowance for credit losses increased by 60.0% to -$8.00M in Q1 2026 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement

SectionOther

CategoryRisk

SignalLower is better

VolatilityModerate

First reportedQ1 2021

Last reportedQ4 2025

How to read this metric

An increase in the allowance suggests management anticipates higher future defaults, signaling deteriorating credit quality.

Detailed definition

The periodic change in the total reserve set aside to cover potential future losses on the company's financing receivabl...

Peer comparison

Standard accounting metric for all entities holding significant financial receivables.

Metric ID: other_financing_receivable_allowance_for_credit_losses_p_1eb8ed

Historical Data

2 periods

	Q3 '25	Q1 '26
Value	-$20.00M	-$8.00M
QoQ Change	—	+60.0%

Range-$20.00M – -$8.00M

Frequently Asked Questions

What is First Citizens BancShares's net addition to the allowance for credit losses?: First Citizens BancShares (FCNCA) reported net addition to the allowance for credit losses of -$8.00M in Q1 2026.
What does net addition to the allowance for credit losses mean?: The net increase or decrease in the total pool of money set aside for potential loan defaults.