First Citizens Bancshares (FCNCA) Depreciation Expense (2016 - 2024)
Historic Depreciation Expense for First Citizens Bancshares (FCNCA) over the last 9 years, with Q4 2024 value amounting to $136.0 million.
- First Citizens Bancshares' Depreciation Expense rose 1929.82% to $136.0 million in Q4 2024 from the same period last year, while for Dec 2024 it was $518.0 million, marking a year-over-year increase of 769.23%. This contributed to the annual value of $504.0 million for FY2024, which is 1943.13% up from last year.
- First Citizens Bancshares' Depreciation Expense amounted to $136.0 million in Q4 2024, which was up 1929.82% from $128.0 million recorded in Q3 2024.
- In the past 5 years, First Citizens Bancshares' Depreciation Expense ranged from a high of $136.0 million in Q4 2024 and a low of $27.8 million during Q1 2020
- Its 5-year average for Depreciation Expense is $76.8 million, with a median of $87.5 million in 2022.
- Per our database at Business Quant, First Citizens Bancshares' Depreciation Expense soared by 20689.66% in 2022 and then crashed by 526.32% in 2024.
- Quarter analysis of 5 years shows First Citizens Bancshares' Depreciation Expense stood at $29.9 million in 2020, then increased by 0.18% to $30.0 million in 2021, then surged by 193.33% to $88.0 million in 2022, then rose by 29.55% to $114.0 million in 2023, then increased by 19.3% to $136.0 million in 2024.
- Its Depreciation Expense was $136.0 million in Q4 2024, compared to $128.0 million in Q3 2024 and $126.0 million in Q2 2024.