First Citizens BancShares Third-party processing fees increased by 24.0% to $93.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 47.6%, from $63.00M to $93.00M. Over 4 years (FY 2021 to FY 2025), Third-party processing fees shows an upward trend with a 45.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Rising costs often reflect increased transaction volume or reliance on outsourced technology, while falling costs may suggest internalizing systems.
Includes fees paid to third-party vendors for transaction processing, data services, and technology infrastructure suppo...
Common in retail banking, with variations based on the degree of technology outsourcing versus in-house development.
other_third_party_processing_fees| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $14.00M | $16.00M | $16.00M | $24.00M | $26.00M | $27.00M | $26.00M | $30.00M | $55.00M | $54.00M | $66.00M | $60.00M | $58.00M | $55.00M | $57.00M | $63.00M | $63.00M | $67.00M | $75.00M | $93.00M |
| QoQ Change | — | +14.3% | +0.0% | +50.0% | +8.3% | +3.8% | -3.7% | +15.4% | +83.3% | -1.8% | +22.2% | -9.1% | -3.3% | -5.2% | +3.6% | +10.5% | +0.0% | +6.3% | +11.9% | +24.0% |
| YoY Change | — | — | — | — | +85.7% | +68.8% | +62.5% | +25.0% | +111.5% | +100.0% | +153.8% | +100.0% | +5.5% | +1.9% | -13.6% | +5.0% | +8.6% | +21.8% | +31.6% | +47.6% |