First Citizens Bancshares (FCNCA) Change in Taxes (2009 - 2021)
First Citizens Bancshares' (FCNCA) quarterly Change in Taxes came in at $42.5 million in Q4 2021, up 28.76% year-on-year from $33.0 million in Q4 2020, and up 37.57% on a QoQ basis from $30.9 million in Q3 2021.
First Citizens Bancshares (FCNCA) Change in Taxes (2009 - 2021) Analysis & Trends
First Citizens Bancshares (FCNCA) has 13 years of Change in Taxes data on file, last reported at $42.5 million in Q4 2021.
- On a quarterly basis, Change in Taxes rose 28.76% year-over-year to $42.5 million in Q4 2021; TTM through Dec 2021 was -$731.7 million, a 12315.02% decrease from a year earlier, with the FY2021 full-year figure at -$731.7 million, down 12315.02% from the prior year.
- Change in Taxes for Q4 2021 stood at $42.5 million, up from $30.9 million in the prior quarter.
- Over the last five years, Change in Taxes for FCNCA reached as high as $44.6 million in Q4 2018 and fell as low as -$831.8 million in Q2 2021.
- Historically, Change in Taxes has averaged -$37.2 million across 5 years, with a median of $6.1 million in 2020.
- Across the five-year window, Change in Taxes soared 260.9% in 2018 and slumped 283986.35% in 2021, its largest moves.
- Year by year, Change in Taxes stood at -$27.7 million in 2017, then surged by 260.9% to $44.6 million in 2018, then slumped by 68.92% to $13.9 million in 2019, then surged by 137.83% to $33.0 million in 2020, then climbed by 28.76% to $42.5 million in 2021.
- Per Business Quant data, the three most recent Change in Taxes figures were $42.5 million in Q4 2021, $30.9 million in Q3 2021, and -$831.8 million in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | - |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | -1.24 Mn |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | -78,154.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | - |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | - |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | - |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | - |
| 10 | First Citizens Bancshares | 26.39 Bn | 25.92 Bn | 23.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 42.47 Mn |
| Dec 31, 2021 | 42.47 Mn |
| Sep 30, 2021 | 30.87 Mn |
| Sep 30, 2021 | 30.87 Mn |
| Jun 30, 2021 | -831.79 Mn |
| Jun 30, 2021 | -831.79 Mn |
| Mar 31, 2021 | 26.70 Mn |
| Mar 31, 2021 | 26.70 Mn |
| Dec 31, 2020 | 32.98 Mn |
| Dec 31, 2020 | 32.98 Mn |
| Sep 30, 2020 | -51.00 Mn |
| Sep 30, 2020 | -51.00 Mn |
| Jun 30, 2020 | 293,000.00 |
| Jun 30, 2020 | 293,000.00 |
| Mar 31, 2020 | 11.83 Mn |
| Mar 31, 2020 | 11.83 Mn |
| Dec 31, 2019 | 13.87 Mn |
| Dec 31, 2019 | 13.87 Mn |
| Sep 30, 2019 | -9.61 Mn |
| Sep 30, 2019 | -9.61 Mn |