KPIs & Operating Metrics(New)

First Citizens Bancshares (FCNCA) Restructuring Costs: 2016-2024

Historic Restructuring Costs for First Citizens Bancshares (FCNCA) over the last 9 years, with Dec 2024 value amounting to $62.0 million.

  • First Citizens Bancshares' Restructuring Costs fell 46.55% to $62.0 million in Q4 2024 from the same period last year, while for Dec 2024 it was $210.0 million, marking a year-over-year decrease of 55.32%. This contributed to the annual value of $210.0 million for FY2024, which is 55.32% down from last year.
  • As of Q4 2024, First Citizens Bancshares' Restructuring Costs stood at $62.0 million, which was up 34.78% from $46.0 million recorded in Q3 2024.
  • In the past 5 years, First Citizens Bancshares' Restructuring Costs registered a high of $205.0 million during Q2 2023, and its lowest value of $3.5 million during Q3 2020.
  • For the 3-year period, First Citizens Bancshares' Restructuring Costs averaged around $75.9 million, with its median value being $52.0 million (2024).
  • As far as peak fluctuations go, First Citizens Bancshares' Restructuring Costs surged by 1,828.57% in 2022, and later tumbled by 79.26% in 2023.
  • Over the past 5 years, First Citizens Bancshares' Restructuring Costs (Quarterly) stood at $4.9 million in 2020, then spiked by 83.97% to $9.0 million in 2021, then skyrocketed by 222.22% to $29.0 million in 2022, then spiked by 300.00% to $116.0 million in 2023, then plummeted by 46.55% to $62.0 million in 2024.
  • Its Restructuring Costs was $62.0 million in Q4 2024, compared to $46.0 million in Q3 2024 and $44.0 million in Q2 2024.