First Citizens Bancshares Inc /De/ (FCNCA) Interest Expense - Fed Funds (2019 - 2021)
First Citizens Bancshares' Interest Expense - Fed Funds was $260,000 in Q4 2021, down 30.5% from $374,000 a year earlier and down 27.4% from the prior quarter.
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First Citizens Bancshares Inc /De/ (FCNCA) Interest Expense - Fed Funds (2019 - 2021) Analysis & Trends
For FY2021, Interest Expense - Fed Funds at First Citizens Bancshares came in at $1.31 million, down 18.5% from FY2020.
- Interest Expense - Fed Funds shows a four-year compound annual growth rate of -7.2% (FY2017 to FY2021).
- In earlier years, Interest Expense - Fed Funds was $1.61 million in FY2020 (-19.3%), $2 million in FY2019 (+25.2%), $1.59 million in FY2018 (-9.8%) and $1.77 million in FY2017.
- The Q4 2021 figure marks the lowest quarterly Interest Expense - Fed Funds in data going back to Q1 2019.
- Compared with a year earlier, Interest Expense - Fed Funds has declined for eight straight quarters, with an average decline of 18.7% over the last eight quarters.
- Across the past five years, year-over-year decline in Interest Expense - Fed Funds ran from 3.7% in Q1 2020 to 30.5% in Q4 2021.
- Per Business Quant data, FCNCA's Interest Expense - Fed Funds in the three quarters before Q4 2021 was $358,000 (Q3 2021), $356,000 (Q2 2021) and $338,000 (Q1 2021).
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Historic Data
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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 |
API Access
First Citizens Bancshares Inc /De/ Interest Expense - Fed Funds API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-fed-funds&ticker=FCNCA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-fed-funds", "ticker": "FCNCA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-fed-funds&ticker=FCNCA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();