Operating Expenses
Professional fees
First Citizens BancShares Professional fees decreased by 29.4% to $24.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.0%, from $25.00M to $24.00M. Over 4 years (FY 2021 to FY 2025), Professional fees shows an upward trend with a 54.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
A significant increase may indicate high levels of M&A activity, litigation, or complex restructuring efforts.
Detailed definition
Encompasses payments made to third-party service providers, including legal counsel, accounting firms, and management co...
Peer comparison
Standard operating expense line item found in the SG&A section of the income statement.
Metric ID:
professional_feesHistorical Data
20 periods
| 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 | $4.00M | $5.00M | $7.00M | $12.00M | $11.00M | $11.00M | $11.00M | $11.00M | $20.00M | $12.00M | $28.00M | $25.00M | $24.00M | $42.00M | $30.00M | $25.00M | $30.00M | $26.00M | $34.00M | $24.00M |
| QoQ Change | — | +25.0% | +40.0% | +71.4% | -8.3% | +0.0% | +0.0% | +0.0% | +81.8% | -40.0% | +133.3% | -10.7% | -4.0% | +75.0% | -28.6% | -16.7% | +20.0% | -13.3% | +30.8% | -29.4% |
| YoY Change | — | — | — | — | +175.0% | +120.0% | +57.1% | -8.3% | +81.8% | +9.1% | +154.5% | +127.3% | +20.0% | +250.0% | +7.1% | +0.0% | +25.0% | -38.1% | +13.3% | -4.0% |
Range$4.00M – $42.00M
CAGR+45.8%
Avg YoY Growth+61.9%
Median YoY Growth+22.5%
Professional fees at Other Companies
Frequently Asked Questions
- What is First Citizens BancShares's professional fees?
- First Citizens BancShares (FCNCA) reported professional fees of $24.00M in Q1 2026.
- How has First Citizens BancShares's professional fees changed year-over-year?
- First Citizens BancShares's professional fees decreased by 4.0% year-over-year, from $25.00M to $24.00M.
- What is the long-term trend for First Citizens BancShares's professional fees?
- Over 4 years (2021 to 2025), First Citizens BancShares's professional fees has grown at a 54.9% compound annual growth rate (CAGR), from $20.00M to $115.00M.
- What does professional fees mean?
- The total cost of external legal, accounting, and consulting services.