First Citizens Bancshares (FCNCA) Interest Expense - Fed Funds (2019 - 2021)
First Citizens Bancshares (FCNCA) posted quarterly Interest Expense - Fed Funds of $260000.0 for 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.
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.
- In Q4 2021, Interest Expense - Fed Funds fell 30.48% year-over-year to $260000.0; the TTM figure through Dec 2021 stood at $1.3 million (down 18.51% YoY), while the FY2021 annual figure was $1.3 million, down 18.51% from the prior year.
- Interest Expense - Fed Funds fell to $260000.0 in Q4 2021 per FCNCA's latest filing, from $358000.0 in the prior quarter.
- Across five years, Interest Expense - Fed Funds topped out at $542000.0 in Q3 2019 and bottomed at $260000.0 in Q4 2021.
- Historically, Interest Expense - Fed Funds has averaged $409750.0 across 3 years, with a median of $397000.0 in 2020.
- Annual changes were most pronounced in 2020 — Interest Expense - Fed Funds decreased 3.7% — and 2021, when it tumbled 30.48%.
- First Citizens Bancshares' Interest Expense - Fed Funds stood at $479000.0 in 2019, then retreated by 21.92% to $374000.0 in 2020, then sank by 30.48% to $260000.0 in 2021.
- Business Quant data shows FCNCA's Interest Expense - Fed Funds at $260000.0 in Q4 2021, $358000.0 in Q3 2021, and $356000.0 in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - |
| 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 |
Historic Data
Download 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 |