Other

Gross charge-offs

First Citizens BancShares Gross charge-offs decreased by 48.4% to $132.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 21.0%, from $167.00M to $132.00M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2026
Last reportedQ1 2026

How to read this metric

An increase indicates deteriorating credit quality in the loan portfolio, while a decrease suggests improved underwriting or a healthier borrower base.

Detailed definition

Represents the total value of financing receivables that have been deemed uncollectible and removed from the balance she...

Peer comparison

Standard metric for financial institutions; peers report this as 'Gross Charge-offs' or 'Loan Write-offs'.

Metric ID: other_financing_receivable_excluding_accrued_interest_al_27144d

Historical Data

15 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$7.00M$11.00M$33.00M$41.00M$33.00M$62.00M$176.00M$199.00M$128.00M$159.00M$177.00M$167.00M$144.00M$256.00M$132.00M
QoQ Change+57.1%+200.0%+24.2%-19.5%+87.9%+183.9%+13.1%-35.7%+24.2%+11.3%-5.6%-13.8%+77.8%-48.4%
YoY Change+485.7%+200.0%+87.9%+329.3%+503.0%+106.5%-9.7%-11.1%+30.5%-9.4%+44.6%-21.0%
Range$7.00M$256.00M
CAGR+131.4%
Avg YoY Growth+144.7%
Median YoY Growth+66.3%

Frequently Asked Questions

What is First Citizens BancShares's gross charge-offs?
First Citizens BancShares (FCNCA) reported gross charge-offs of $132.00M in Q1 2026.
How has First Citizens BancShares's gross charge-offs changed year-over-year?
First Citizens BancShares's gross charge-offs decreased by 21.0% year-over-year, from $167.00M to $132.00M.
What does gross charge-offs mean?
The total amount of loans or receivables written off as uncollectible.