First Citizens Bancshares (FCNCA) Interest Expense - Fed Funds (2019 - 2021)
First Citizens Bancshares' (FCNCA) quarterly Interest Expense - Fed Funds came in at $260000.0 in Q4 2021, down 30.48% year-over-year from $374000.0 in Q4 2020, and down 27.37% quarter-over-quarter from $358000.0 in Q3 2021.
Analysis
First Citizens Bancshares (FCNCA) Interest Expense - Fed Funds (2019 - 2021) Analysis & Trends
First Citizens Bancshares (FCNCA) has reported Interest Expense - Fed Funds for 3 consecutive years, with $260000.0 the latest figure, recorded in Q4 2021.
- On a quarterly basis, Interest Expense - Fed Funds fell 30.48% year-over-year to $260000.0 in Q4 2021; TTM through Dec 2021 was $1.3 million, a 18.51% decrease from a year earlier, with the FY2021 full-year figure at $1.3 million, down 18.51% from the prior year.
- Interest Expense - Fed Funds was $260000.0 for Q4 2021 at First Citizens Bancshares, down from $358000.0 in the prior quarter.
- Over five years, Interest Expense - Fed Funds peaked at $542000.0 in Q3 2019 and troughed at $260000.0 in Q4 2021.
- A 3-year average of $409750.0 and a median of $397000.0 in 2020 frame the typical range for Interest Expense - Fed Funds.
- Across the five-year window, Interest Expense - Fed Funds retreated 3.7% in 2020 and plunged 30.48% in 2021, its largest moves.
- Over 3 years, Interest Expense - Fed Funds stood at $479000.0 in 2019, then declined by 21.92% to $374000.0 in 2020, then sank by 30.48% to $260000.0 in 2021.
- The last three Interest Expense - Fed Funds figures came in at $260000.0 (Q4 2021), $358000.0 (Q3 2021), and $356000.0 (Q2 2021), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Banco Santander Chile | 942.23 Bn | 942.23 Bn | - |
| 2 | Truist Financial | 61.89 Bn | 61.89 Bn | - |
| 3 | Fifth Third Bancorp | 49.83 Bn | 26.10 Bn | - |
| 4 | M&T Bank | 34.93 Bn | 34.93 Bn | - |
| 5 | Huntington Bancshares | 34.05 Bn | 29.52 Bn | - |
| 6 | Citizens Financial | 29.64 Bn | 29.64 Bn | - |
| 7 | Regions Financial | 25.65 Bn | 25.65 Bn | - |
| 8 | First Citizens Bancshares | 25.08 Bn | 24.55 Bn | 29.00 Mn |
| 9 | Keycorp | 23.33 Bn | -24.37 Bn | - |
| 10 | East West Bancorp | 17.76 Bn | 12.67 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2021 | 260,000.00 |
| Sep 30, 2021 | 358,000.00 |
| Jun 30, 2021 | 356,000.00 |
| Mar 31, 2021 | 338,000.00 |
| Dec 31, 2020 | 374,000.00 |
| Sep 30, 2020 | 395,000.00 |
| Jun 30, 2020 | 399,000.00 |
| Mar 31, 2020 | 442,000.00 |
| Dec 31, 2019 | 479,000.00 |
| Sep 30, 2019 | 542,000.00 |
| Jun 30, 2019 | 515,000.00 |
| Mar 31, 2019 | 459,000.00 |