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First Citizens BancShares FCNCA Depreciation expense

Depreciation expense at other companies

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$698M+19.7%

Segments

By segment

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Rail$58M+3.6%
Commercial Bank$43M-2.3%
General Bank$0

Other financials

Income statement

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Revenue$2.4B+2.5%
Net income$672.0M+16.9%
EPS (diluted)$55.52+31.1%

Balance sheet

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Cash & equivalents$1.5B+70.9%
Total debt$32.7B-16.1%
Total equity$21.9B-1.8%
Total assets$236.84B+3.1%

Cash flow

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Operating cash flow$1.0B+21.4%
CapEx$102.0M-19.0%
Free cash flow$941.0M+28.4%

Valuation

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Market cap$25.37B+4.9%
Enterprise value$56.58B-9.2%
P/E10.8×+0.7×
P/S2.6×+0.1×

Profitability

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Net margin24.5%-0.7pp
FCF margin25.6%-1.8pp

Returns & leverage

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Return on equity10.7%-0.1pp
Debt / equity1.5×-0.3×

Where this comes from

Reported directly by First Citizens BancShares in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease.

The source filing: First Citizens BancShares’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 8:33 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000798941-26-000031
dollars in millions, except share and per share dataThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Other noninterest income884212656
Total noninterest income7766781,4681,313
Noninterest expense
Depreciation on operating lease equipment101100202198
Maintenance and other operating lease expenses6755132113
Personnel cost8448101,7131,628
Net occupancy expense5961119119
Equipment expense141131277267

Item 1. Financial Statements.

FAQ

What is First Citizens BancShares's depreciation expense?
First Citizens BancShares (FCNCA) reported depreciation expense of $101M in Q2 2026.
How has First Citizens BancShares's depreciation expense changed year-over-year?
First Citizens BancShares's depreciation expense increased by 1.0% year-over-year, from $100M to $101M.
What does depreciation expense mean?
Depreciation expense

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