First Citizens Bancshares (FCNCA) Gross Margin (2021 - 2024)
Historic Gross Margin for First Citizens Bancshares (FCNCA) over the last 4 years, with Q3 2024 value amounting to 70.15%.
- First Citizens Bancshares' Gross Margin rose 11400.0% to 70.15% in Q3 2024 from the same period last year, while for Sep 2024 it was 71.75%, marking a year-over-year increase of 146000.0%. This contributed to the annual value of 61.94% for FY2023, which is 38700.0% down from last year.
- First Citizens Bancshares' Gross Margin amounted to 70.15% in Q3 2024, which was up 11400.0% from 71.43% recorded in Q2 2024.
- First Citizens Bancshares' Gross Margin's 5-year high stood at 93.75% during Q2 2021, with a 5-year trough of 41.43% in Q2 2023.
- Its 4-year average for Gross Margin is 72.12%, with a median of 70.79% in 2024.
- In the last 5 years, First Citizens Bancshares' Gross Margin plummeted by -397500bps in 2022 and then skyrocketed by 300000bps in 2024.
- Quarter analysis of 4 years shows First Citizens Bancshares' Gross Margin stood at 90.91% in 2021, then tumbled by -44bps to 51.16% in 2022, then surged by 37bps to 70.0% in 2023, then grew by 0bps to 70.15% in 2024.
- Its last three reported values are 70.15% in Q3 2024, 71.43% for Q2 2024, and 76.27% during Q1 2024.