Other

Interest Expense, Deposits

First Citizens BancShares Interest Expense, Deposits decreased by 3.3% to $833.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 6.7%, from $893.00M to $833.00M. Over 4 years (FY 2021 to FY 2025), Interest Expense, Deposits shows an upward trend with a 222.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

An increase suggests rising market interest rates or a shift toward more expensive deposit products, which can compress net interest margins.

Detailed definition

This represents the cost incurred by the bank to pay interest to depositors for their savings, checking, and time deposi...

Peer comparison

Universal metric for banks; peers report this as 'Interest Expense on Deposits'.

Metric ID: other_interest_expense_deposits

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$8.00M$8.00M$8.00M$39.00M$42.00M$78.00M$176.00M$288.00M$575.00M$769.00M$865.00M$928.00M$975.00M$1.00B$957.00M$893.00M$894.00M$911.00M$861.00M$833.00M
QoQ Change+0.0%+0.0%+387.5%+7.7%+85.7%+125.6%+63.6%+99.7%+33.7%+12.5%+7.3%+5.1%+3.0%-4.7%-6.7%+0.1%+1.9%-5.5%-3.3%
YoY Change+425.0%+875.0%>999%+638.5%>999%+885.9%+391.5%+222.2%+69.6%+30.6%+10.6%-3.8%-8.3%-9.3%-10.0%-6.7%
Range$8.00M$1.00B
CAGR+165.9%
Avg YoY Growth+430.0%
Median YoY Growth+145.9%
Current Streak2 quarters decline

Frequently Asked Questions

What is First Citizens BancShares's interest expense, deposits?
First Citizens BancShares (FCNCA) reported interest expense, deposits of $833.00M in Q1 2026.
How has First Citizens BancShares's interest expense, deposits changed year-over-year?
First Citizens BancShares's interest expense, deposits decreased by 6.7% year-over-year, from $893.00M to $833.00M.
What is the long-term trend for First Citizens BancShares's interest expense, deposits?
Over 4 years (2021 to 2025), First Citizens BancShares's interest expense, deposits has grown at a 222.3% compound annual growth rate (CAGR), from $33.00M to $3.56B.
What does interest expense, deposits mean?
The total interest paid by the bank to its customers for holding their deposits.