KPIs & Operating Metrics(New)

First Citizens Bancshares (FCNCA) Loans - Loss Allowance (2016 - 2024)

Historic Loans - Loss Allowance for First Citizens Bancshares (FCNCA) over the last 9 years, with Q3 2024 value amounting to $1.7 billion.

  • First Citizens Bancshares' Loans - Loss Allowance rose 29.89% to $1.7 billion in Q3 2024 from the same period last year, while for Sep 2024 it was $1.7 billion, marking a year-over-year increase of 29.89%. This contributed to the annual value of $1.7 billion for FY2023, which is 8947.94% up from last year.
  • Per First Citizens Bancshares' latest filing, its Loans - Loss Allowance stood at $1.7 billion for Q3 2024, which was up 29.89% from $1.7 billion recorded in Q2 2024.
  • In the past 5 years, First Citizens Bancshares' Loans - Loss Allowance ranged from a high of $1.7 billion in Q4 2023 and a low of $178.0 million during Q4 2021
  • Over the past 5 years, First Citizens Bancshares' median Loans - Loss Allowance value was $850.0 million (recorded in 2022), while the average stood at $890.6 million.
  • Per our database at Business Quant, First Citizens Bancshares' Loans - Loss Allowance tumbled by 2088.89% in 2021 and then soared by 41797.75% in 2022.
  • Quarter analysis of 5 years shows First Citizens Bancshares' Loans - Loss Allowance stood at $225.0 million in 2020, then decreased by 20.89% to $178.0 million in 2021, then soared by 417.98% to $922.0 million in 2022, then skyrocketed by 89.48% to $1.7 billion in 2023, then decreased by 3.95% to $1.7 billion in 2024.
  • Its Loans - Loss Allowance stands at $1.7 billion for Q3 2024, versus $1.7 billion for Q2 2024 and $1.7 billion for Q1 2024.