First Citizens Bancshares (FCNCA) Cost of Revenue (2021 - 2026)
First Citizens Bancshares' (FCNCA) quarterly Cost of Revenue came in at $45.0 million in Q2 2026, up 40.62% year-over-year from $32.0 million in Q2 2025, and up 50.0% quarter-over-quarter from $30.0 million in Q1 2026.
Analysis
First Citizens Bancshares (FCNCA) Cost of Revenue (2021 - 2026) Analysis & Trends
First Citizens Bancshares (FCNCA) has reported Cost of Revenue for 6 consecutive years, with $45.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 40.62% year-over-year to $45.0 million in Q2 2026; TTM through Jun 2026 was $153.0 million, a 41.67% increase from a year earlier, with the FY2025 full-year figure at $142.0 million, up 86.84% from the prior year.
- Cost of Revenue was $45.0 million for Q2 2026 at First Citizens Bancshares, up from $30.0 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $45.0 million in Q4 2025 and troughed at $8.0 million in Q1 2022.
- A 5-year average of $24.9 million and a median of $23.0 million in 2023 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue soared 600.0% in 2022 and plunged 56.1% in 2024, its largest moves.
- Over 5 years, Cost of Revenue stood at $21.0 million in 2022, then climbed by 14.29% to $24.0 million in 2023, then changed by 0.0% to $24.0 million in 2024, then soared by 87.5% to $45.0 million in 2025, then changed by 0.0% to $45.0 million in 2026.
- The last three Cost of Revenue figures came in at $45.0 million (Q2 2026), $30.0 million (Q1 2026), and $45.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 448.38 Bn | 568.32 Bn | - | 33.91 Bn |
| 2 | Truist Financial | 63.10 Bn | 63.10 Bn | - | - |
| 3 | Fifth Third Bancorp | 49.74 Bn | 26.02 Bn | - | 65.00 Mn |
| 4 | M&T Bank | 34.66 Bn | 34.66 Bn | - | - |
| 5 | Huntington Bancshares | 34.41 Bn | 29.92 Bn | - | 38.00 Mn |
| 6 | Citizens Financial | 29.91 Bn | 29.91 Bn | - | - |
| 7 | Regions Financial | 25.92 Bn | 25.99 Bn | - | - |
| 8 | Keycorp | 23.68 Bn | -24.02 Bn | - | - |
| 9 | First Citizens Bancshares | 22.94 Bn | 22.41 Bn | 29.00 Mn | 45.00 Mn |
| 10 | East West Bancorp | 17.92 Bn | 12.83 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 45.00 Mn |
| Mar 31, 2026 | 30.00 Mn |
| Dec 31, 2025 | 45.00 Mn |
| Sep 30, 2025 | 33.00 Mn |
| Jun 30, 2025 | 32.00 Mn |
| Mar 31, 2025 | 32.00 Mn |
| Dec 31, 2024 | 24.00 Mn |
| Sep 30, 2024 | 20.00 Mn |
| Jun 30, 2024 | 18.00 Mn |
| Mar 31, 2024 | 14.00 Mn |
| Dec 31, 2023 | 24.00 Mn |
| Sep 30, 2023 | 22.00 Mn |
| Jun 30, 2023 | 41.00 Mn |
| Mar 31, 2023 | 15.00 Mn |
| Dec 31, 2022 | 21.00 Mn |
| Sep 30, 2022 | 15.00 Mn |
| Jun 30, 2022 | 9.00 Mn |
| Mar 31, 2022 | 8.00 Mn |
| Dec 31, 2021 | 3.00 Mn |
| Sep 30, 2021 | 3.00 Mn |