KPIs & Operating Metrics(New)

First Citizens Bancshares (FCNCA) Rent Expense: 2016-2024

Historic Rent Expense for First Citizens Bancshares (FCNCA) over the last 9 years, with Dec 2024 value amounting to $60.0 million.

  • First Citizens Bancshares' Rent Expense fell 7.69% to $60.0 million in Q4 2024 from the same period last year, while for Dec 2024 it was $242.0 million, marking a year-over-year decrease of 0.82%. This contributed to the annual value of $242.0 million for FY2024, which is 0.82% down from last year.
  • As of Q4 2024, First Citizens Bancshares' Rent Expense stood at $60.0 million, which was down 3.23% from $62.0 million recorded in Q3 2024.
  • First Citizens Bancshares' 5-year Rent Expense high stood at $65.0 million for Q3 2023, and its period low was $27.5 million during Q1 2020.
  • Moreover, its 3-year median value for Rent Expense was $59.0 million (2024), whereas its average is $56.4 million.
  • Its Rent Expense has fluctuated over the past 5 years, first spiked by 71.43% in 2022, then fell by 9.38% in 2024.
  • First Citizens Bancshares' Rent Expense (Quarterly) stood at $32.0 million in 2020, then decreased by 6.17% to $30.0 million in 2021, then spiked by 60.00% to $48.0 million in 2022, then surged by 35.42% to $65.0 million in 2023, then decreased by 7.69% to $60.0 million in 2024.
  • Its Rent Expense stands at $60.0 million for Q4 2024, versus $62.0 million for Q3 2024 and $58.0 million for Q2 2024.