KPIs & Operating Metrics(New)

First Citizens Bancshares (FCNCA) Rent Expense: 2009-2024

Historic Rent Expense for First Citizens Bancshares (FCNCA) over the last 16 years, with Dec 2024 value amounting to $242.0 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 FY2024, First Citizens Bancshares' Rent Expense stood at $242.0 million, which was down 0.82% from $244.0 million recorded in FY2023.
  • Over the past 5 years, First Citizens Bancshares' Rent Expense peaked at $244.0 million during FY2023, and registered a low of $117.0 million during FY2020.
  • Moreover, its 3-year median value for Rent Expense was $242.0 million (2024), whereas its average is $225.7 million.
  • In the last 5 years, First Citizens Bancshares' Rent Expense spiked by 63.25% in 2022 and then dropped by 0.82% in 2024.
  • Over the past 5 years, First Citizens Bancshares' Rent Expense (Yearly) stood at $117.0 million in 2020, then remained steady at $117.0 million in 2021, then skyrocketed by 63.25% to $191.0 million in 2022, then climbed by 27.75% to $244.0 million in 2023, then dropped by 0.82% to $242.0 million in 2024.