First Citizens Bancshares (FCNCA) Mortgage Banking (2009 - 2021)
First Citizens Bancshares (FCNCA) posted quarterly Mortgage Banking of $5.5 million for Q4 2021, down 52.13% year-over-year from $11.5 million in Q4 2020, and down 10.22% quarter-over-quarter from $6.1 million in Q3 2021.
First Citizens Bancshares (FCNCA) Mortgage Banking (2009 - 2021) Analysis & Trends
First Citizens Bancshares (FCNCA) has reported Mortgage Banking for 13 consecutive years, with $5.5 million the latest figure, recorded in Q4 2021.
- In Q4 2021, Mortgage Banking fell 52.13% year-over-year to $5.5 million; the TTM figure through Dec 2021 stood at $29.0 million (down 26.48% YoY), while the FY2021 annual figure was $30.5 million, down 22.94% from the prior year.
- Mortgage Banking retreated to $5.5 million in Q4 2021 per FCNCA's latest filing, from $6.1 million in the prior quarter.
- Across five years, Mortgage Banking topped out at $13.1 million in Q3 2020 and bottomed at $3.7 million in Q1 2019.
- Historically, Mortgage Banking has averaged $6.9 million across 5 years, with a median of $6.8 million in 2017.
- Annual changes were most pronounced in 2017 — Mortgage Banking soared 477.88% — and 2021, when it plunged 53.41%.
- First Citizens Bancshares' Mortgage Banking stood at $3.9 million in 2017, then climbed by 7.7% to $4.2 million in 2018, then rose by 17.82% to $5.0 million in 2019, then surged by 129.39% to $11.5 million in 2020, then tumbled by 52.13% to $5.5 million in 2021.
- Business Quant data shows FCNCA's Mortgage Banking at $5.5 million in Q4 2021, $6.1 million in Q3 2021, and $9.0 million in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - |
| 10 | First Citizens Bancshares | 24.79 Bn | 24.27 Bn | 29.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 5.48 Mn |
| Sep 30, 2021 | 6.11 Mn |
| Jun 30, 2021 | 8.96 Mn |
| Mar 31, 2021 | 8.49 Mn |
| Dec 31, 2020 | 11.45 Mn |
| Sep 30, 2020 | 13.11 Mn |
| Jun 30, 2020 | 7.15 Mn |
| Mar 31, 2020 | 7.79 Mn |
| Dec 31, 2019 | 4.99 Mn |
| Sep 30, 2019 | 7.44 Mn |
| Jun 30, 2019 | 5.04 Mn |
| Mar 31, 2019 | 3.66 Mn |
| Mar 31, 2018 | 4.24 Mn |
| Dec 31, 2017 | 3.93 Mn |
| Sep 30, 2017 | 6.78 Mn |
| Jun 30, 2017 | 4.97 Mn |
| Mar 31, 2017 | 7.58 Mn |
| Dec 31, 2016 | 7.81 Mn |
| Sep 30, 2016 | 6.69 Mn |
| Jun 30, 2016 | 4.54 Mn |