First Citizens Bancshares (FCNCA) Change in Taxes (2009 - 2021)
First Citizens Bancshares (FCNCA) posted quarterly Change in Taxes of $42.5 million for 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.
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.
- In Q4 2021, Change in Taxes rose 28.76% year-over-year to $42.5 million; the TTM figure through Dec 2021 stood at -$731.7 million (down 12315.02% YoY), while the FY2021 annual figure was -$731.7 million, down 12315.02% from the prior year.
- Change in Taxes improved to $42.5 million in Q4 2021 per FCNCA's latest filing, from $30.9 million in the prior quarter.
- Across five years, Change in Taxes topped out at $44.6 million in Q4 2018 and bottomed at -$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.
- Annual changes were most pronounced in 2018 — Change in Taxes surged 260.9% — and 2021, when it plunged 283986.35%.
- First Citizens Bancshares' Change in Taxes stood at -$27.7 million in 2017, then soared by 260.9% to $44.6 million in 2018, then slumped by 68.92% to $13.9 million in 2019, then soared by 137.83% to $33.0 million in 2020, then gained by 28.76% to $42.5 million in 2021.
- Business Quant data shows FCNCA's Change in Taxes at $42.5 million in Q4 2021, $30.9 million in Q3 2021, and -$831.8 million in Q2 2021.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | -402.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | - |
| 10 | First Citizens Bancshares | 25.15 Bn | 24.63 Bn | 29.00 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 |