First Citizens Bancshares (FCNCA) Acquisitions (2009 - 2023)
First Citizens Bancshares (FCNCA) posted quarterly Acquisitions of -$69.0 million for Q3 2023, up 85.26% quarter-over-quarter from -$468.0 million in Q2 2023.
First Citizens Bancshares (FCNCA) Acquisitions (2009 - 2023) Analysis & Trends
First Citizens Bancshares (FCNCA) has reported Acquisitions for 12 consecutive years, with -$69.0 million the latest figure, recorded in Q3 2023.
- In Q3 2023, Acquisitions changed N/A year-over-year to -$69.0 million; the TTM figure through Jun 2024 stood at -$69.0 million (down 107.85% YoY), while the FY2023 annual figure was $810.0 million, up 504.48% from the prior year.
- Acquisitions improved to -$69.0 million in Q3 2023 per FCNCA's latest filing, from -$468.0 million in the prior quarter.
- Across five years, Acquisitions topped out at $1.3 billion in Q1 2023 and bottomed at -$468.0 million in Q2 2023.
- Historically, Acquisitions has averaged $124.1 million across 4 years, with a median of $30.0 million in 2020.
- On a YoY basis, Acquisitions climbed as much as 1105.22% in 2023 and fell as far as 274.63% in 2023.
- First Citizens Bancshares' Acquisitions stood at $162.9 million in 2019, then tumbled by 100.0% to $1000.0 in 2020, then surged by 26799900.0% to $268.0 million in 2022, then tumbled by 125.75% to -$69.0 million in 2023.
- Business Quant data shows FCNCA's Acquisitions at -$69.0 million in Q3 2023, -$468.0 million in Q2 2023, and $1.3 billion in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.84 Bn | 84.64 Bn | - | - |
| 2 | Pnc Financial Services | 97.71 Bn | 97.71 Bn | - | - |
| 3 | Us Bancorp | 95.81 Bn | 95.81 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.64 Bn | -144.45 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.90 Bn | -81.41 Bn | - | - |
| 7 | Nu Holdings | 71.12 Bn | 57.43 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.49 Bn | 61.49 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.53 Bn | 25.81 Bn | - | - |
| 10 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | -69.00 Mn |
| Jun 30, 2023 | -468.00 Mn |
| Mar 31, 2023 | 1.35 Bn |
| Jun 30, 2022 | 268.00 Mn |
| Mar 31, 2022 | -134.00 Mn |
| Dec 31, 2020 | 1,000.00 |
| Jun 30, 2020 | 58.76 Mn |
| Mar 31, 2020 | 1.24 Mn |
| Dec 31, 2019 | 162.94 Mn |
| Jun 30, 2019 | 73.79 Mn |
| Dec 31, 2018 | 48.83 Mn |
| Jun 30, 2018 | 106.30 Mn |
| Dec 31, 2017 | -4.12 Mn |
| Jun 30, 2017 | -275.06 Mn |
| Mar 31, 2017 | -25.65 Mn |
| Sep 30, 2016 | 28.67 Mn |
| Jun 30, 2016 | -13.20 Mn |
| Mar 31, 2016 | -14.75 Mn |
| Mar 31, 2015 | -123.14 Mn |
| Dec 31, 2014 | -164.18 Mn |