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-over-year from $33.0 million in Q4 2020, and up 37.57% quarter-over-quarter from $30.9 million in Q3 2021.
Analysis
First Citizens Bancshares (FCNCA) Change in Taxes (2009 - 2021) Analysis & Trends
First Citizens Bancshares (FCNCA) has reported Change in Taxes for 13 consecutive years, with $42.5 million the latest figure, recorded 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 was $42.5 million for Q4 2021 at First Citizens Bancshares, up from $30.9 million in the prior quarter.
- Over five years, Change in Taxes peaked at $44.6 million in Q4 2018 and troughed at -$831.8 million in Q2 2021.
- A 5-year average of -$37.2 million and a median of $6.1 million in 2020 frame the typical range for Change in Taxes.
- Across the five-year window, Change in Taxes jumped 260.9% in 2018 and sank 283986.35% in 2021, its largest moves.
- Over 5 years, Change in Taxes stood at -$27.7 million in 2017, then jumped by 260.9% to $44.6 million in 2018, then slumped by 68.92% to $13.9 million in 2019, then jumped by 137.83% to $33.0 million in 2020, then increased by 28.76% to $42.5 million in 2021.
- The last three Change in Taxes figures came in at $42.5 million (Q4 2021), $30.9 million (Q3 2021), and -$831.8 million (Q2 2021), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 941.69 Bn | 941.69 Bn | - | - |
| 2 | Truist Financial | 61.79 Bn | 61.79 Bn | - | -402.00 Mn |
| 3 | Fifth Third Bancorp | 49.90 Bn | 26.18 Bn | - | - |
| 4 | M&T Bank | 34.97 Bn | 34.97 Bn | - | - |
| 5 | Huntington Bancshares | 34.15 Bn | 29.62 Bn | - | - |
| 6 | Citizens Financial | 29.74 Bn | 29.74 Bn | - | - |
| 7 | Regions Financial | 25.70 Bn | 25.70 Bn | - | - |
| 8 | First Citizens Bancshares | 25.10 Bn | 24.58 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.34 Bn | -24.35 Bn | - | - |
| 10 | East West Bancorp | 17.77 Bn | 12.68 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2021 | 42.47 Mn |
| Sep 30, 2021 | 30.87 Mn |
| Jun 30, 2021 | -831.79 Mn |
| Mar 31, 2021 | 26.70 Mn |
| Dec 31, 2020 | 32.98 Mn |
| Sep 30, 2020 | -51.00 Mn |
| Jun 30, 2020 | 293,000.00 |
| Mar 31, 2020 | 11.83 Mn |
| Dec 31, 2019 | 13.87 Mn |
| Sep 30, 2019 | -9.61 Mn |
| Jun 30, 2019 | -61.72 Mn |
| Mar 31, 2019 | 37.90 Mn |
| Dec 31, 2018 | 44.62 Mn |
| Sep 30, 2018 | -4.66 Mn |
| Jun 30, 2018 | -49.74 Mn |
| Mar 31, 2018 | 33.13 Mn |
| Dec 31, 2017 | -27.73 Mn |
| Sep 30, 2017 | -289,000.00 |
| Jun 30, 2017 | -10.06 Mn |
| Mar 31, 2017 | 27.46 Mn |