First Citizens Bancshares (FCNCA) Deferred Taxes (2009 - 2026)
First Citizens Bancshares (FCNCA) posted quarterly Deferred Taxes of $8.0 million for Q1 2026, up 120.0% year-over-year from $3.6 million in Q1 2025, and up 214.29% quarter-over-quarter from -$7.0 million in Q4 2025.
First Citizens Bancshares (FCNCA) Deferred Taxes (2009 - 2026) Analysis & Trends
First Citizens Bancshares (FCNCA) has reported Deferred Taxes for 18 consecutive years, with $8.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Deferred Taxes rose 120.0% year-over-year to $8.0 million; the TTM figure through Mar 2026 stood at -$63.0 million (down 80.0% YoY), while the FY2025 annual figure was -$111.0 million, down 1950.0% from the prior year.
- Deferred Taxes improved to $8.0 million in Q1 2026 per FCNCA's latest filing, from -$7.0 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $514.0 million in Q3 2023 and bottomed at -$335.0 million in Q2 2023.
- Historically, Deferred Taxes has averaged -$3.3 million across 5 years, with a median of -$7.0 million in 2025.
- Annual changes were most pronounced in 2022 — Deferred Taxes soared 1775.0% — and 2025, when it sank 4100.0%.
- First Citizens Bancshares' Deferred Taxes stood at $126.0 million in 2022, then sank by 318.25% to -$275.0 million in 2023, then jumped by 148.36% to $133.0 million in 2024, then plunged by 105.26% to -$7.0 million in 2025, then soared by 214.29% to $8.0 million in 2026.
- Business Quant data shows FCNCA's Deferred Taxes at $8.0 million in Q1 2026, -$7.0 million in Q4 2025, and -$30.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 254.00 Mn |
| 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 | - | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | - |
| 10 | First Citizens Bancshares | 25.15 Bn | 24.63 Bn | 29.00 Mn | 71.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 71.00 Mn |
| Mar 31, 2026 | 8.00 Mn |
| Dec 31, 2025 | -7.00 Mn |
| Sep 30, 2025 | -30.00 Mn |
| Jun 30, 2025 | -34.00 Mn |
| Mar 31, 2025 | -40.00 Mn |
| Dec 31, 2024 | 133.00 Mn |
| Sep 30, 2024 | 56.00 Mn |
| Jun 30, 2024 | -184.00 Mn |
| Mar 31, 2024 | 1.00 Mn |
| Dec 31, 2023 | -275.00 Mn |
| Sep 30, 2023 | 514.00 Mn |
| Jun 30, 2023 | -335.00 Mn |
| Mar 31, 2023 | -69.00 Mn |
| Dec 31, 2022 | 126.00 Mn |
| Sep 30, 2022 | 66.00 Mn |
| Jun 30, 2022 | 75.00 Mn |
| Mar 31, 2022 | -61.00 Mn |
| Dec 31, 2021 | -17.00 Mn |
| Sep 30, 2021 | -4.00 Mn |