First Citizens Bancshares (FCNCA) Operating Expenses (2009 - 2026)
First Citizens Bancshares (FCNCA) posted quarterly Operating Expenses of $1.5 billion for Q1 2026, up 2.88% year-over-year from $1.5 billion in Q1 2025, and down 2.29% quarter-over-quarter from $1.6 billion in Q4 2025.
First Citizens Bancshares (FCNCA) Operating Expenses (2009 - 2026) Analysis & Trends
First Citizens Bancshares (FCNCA) has reported Operating Expenses for 18 consecutive years, with $1.5 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 2.88% year-over-year to $1.5 billion; the TTM figure through Mar 2026 stood at $6.1 billion (up 4.22% YoY), while the FY2025 annual figure was $6.1 billion, up 5.6% from the prior year.
- Operating Expenses eased to $1.5 billion in Q1 2026 per FCNCA's latest filing, from $1.6 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $1.6 billion in Q2 2023 and bottomed at $745.0 million in Q2 2022.
- Historically, Operating Expenses has averaged $1.3 billion across 5 years, with a median of $1.5 billion in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 172.73% — and 2024, when it dropped 11.83%.
- First Citizens Bancshares' Operating Expenses stood at $760.0 million in 2022, then surged by 96.32% to $1.5 billion in 2023, then grew by 1.68% to $1.5 billion in 2024, then increased by 3.63% to $1.6 billion in 2025, then slipped by 2.29% to $1.5 billion in 2026.
- Business Quant data shows FCNCA's Operating Expenses at $1.5 billion in Q1 2026, $1.6 billion in Q4 2025, and $1.5 billion in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 2.11 Bn |
| 10 | First Citizens Bancshares | 24.79 Bn | 24.27 Bn | 29.00 Mn | 1.55 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.55 Bn |
| Mar 31, 2026 | 1.54 Bn |
| Dec 31, 2025 | 1.57 Bn |
| Sep 30, 2025 | 1.49 Bn |
| Jun 30, 2025 | 1.50 Bn |
| Mar 31, 2025 | 1.49 Bn |
| Dec 31, 2024 | 1.52 Bn |
| Sep 30, 2024 | 1.46 Bn |
| Jun 30, 2024 | 1.39 Bn |
| Mar 31, 2024 | 1.38 Bn |
| Dec 31, 2023 | 1.49 Bn |
| Sep 30, 2023 | 1.42 Bn |
| Jun 30, 2023 | 1.57 Bn |
| Mar 31, 2023 | 855.00 Mn |
| Dec 31, 2022 | 760.00 Mn |
| Sep 30, 2022 | 760.00 Mn |
| Jun 30, 2022 | 745.00 Mn |
| Mar 31, 2022 | 810.00 Mn |
| Dec 31, 2021 | 323.00 Mn |
| Sep 30, 2021 | 314.00 Mn |