First Citizens Bancshares (FCNCA) Rent Expense (2016 - 2024)
Historic Rent Expense for First Citizens Bancshares (FCNCA) over the last 9 years, with Q4 2024 value amounting to $60.0 million.
- First Citizens Bancshares' Rent Expense fell 769.23% 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 656.37%. This contributed to the annual value of $242.0 million for FY2024, which is 81.97% down from last year.
- As of Q4 2024, First Citizens Bancshares' Rent Expense stood at $60.0 million, which was down 769.23% from $62.0 million recorded in Q3 2024.
- In the past 5 years, First Citizens Bancshares' Rent Expense ranged from a high of $65.0 million in Q3 2023 and a low of $27.5 million during Q1 2020
- Moreover, its 5-year median value for Rent Expense was $48.0 million (2022), whereas its average is $45.6 million.
- Its Rent Expense has fluctuated over the past 5 years, first soared by 7142.86% in 2022, then plummeted by 937.5% in 2024.
- Quarter analysis of 5 years shows First Citizens Bancshares' Rent Expense stood at $32.0 million in 2020, then fell by 6.17% to $30.0 million in 2021, then soared by 60.0% to $48.0 million in 2022, then skyrocketed by 35.42% to $65.0 million in 2023, then decreased by 7.69% to $60.0 million in 2024.
- Its last three reported values are $60.0 million in Q4 2024, $62.0 million for Q3 2024, and $58.0 million during Q2 2024.