First Citizens Bancshares (FCNCA) Interest Expense - Fed Funds (2019 - 2021)
First Citizens Bancshares (FCNCA) has disclosed Interest Expense - Fed Funds for 3 consecutive years, with $260000.0 as the latest value for Q4 2021.
- Quarterly Interest Expense - Fed Funds fell 30.48% to $260000.0 in Q4 2021 from the year-ago period, while the trailing twelve-month figure was $1.3 million through Dec 2021, down 18.51% year-over-year, with the annual reading at $1.3 million for FY2021, 18.51% down from the prior year.
- Interest Expense - Fed Funds for Q4 2021 was $260000.0 at First Citizens Bancshares, down from $358000.0 in the prior quarter.
- The five-year high for Interest Expense - Fed Funds was $542000.0 in Q3 2019, with the low at $260000.0 in Q4 2021.
- Average Interest Expense - Fed Funds over 3 years is $409750.0, with a median of $397000.0 recorded in 2020.
- The sharpest move saw Interest Expense - Fed Funds fell 3.7% in 2020, then tumbled 30.48% in 2021.
- Over 3 years, Interest Expense - Fed Funds stood at $479000.0 in 2019, then decreased by 21.92% to $374000.0 in 2020, then crashed by 30.48% to $260000.0 in 2021.
- According to Business Quant data, Interest Expense - Fed Funds over the past three periods came in at $260000.0, $358000.0, and $356000.0 for Q4 2021, Q3 2021, and Q2 2021 respectively.