First Citizens Bancshares (FCNCA) Return on Equity: 2016-2024
Historic Return on Equity for First Citizens Bancshares (FCNCA) over the last 8 years, with Sep 2024 value amounting to 0.11%.
- First Citizens Bancshares' Return on Equity fell 44.00% to 0.11% in Q3 2024 from the same period last year, while for Sep 2024 it was 0.11%, marking a year-over-year decrease of 44.00%. This contributed to the annual value of 0.74% for FY2023, which is 59.00% up from last year.
- As of Q3 2024, First Citizens Bancshares' Return on Equity stood at 0.11%, which was down 6.25% from 0.12% recorded in Q2 2024.
- In the past 5 years, First Citizens Bancshares' Return on Equity registered a high of 0.72% during Q1 2023, and its lowest value of 0.07% during Q2 2022.
- For the 3-year period, First Citizens Bancshares' Return on Equity averaged around 0.28%, with its median value being 0.12% (2024).
- Per our database at Business Quant, First Citizens Bancshares' Return on Equity spiked by 63bps in 2023 and then tumbled by 59bps in 2024.
- Quarterly analysis of 5 years shows First Citizens Bancshares' Return on Equity stood at 0.12% in 2020, then remained steady at 0.12% in 2021, then remained steady at 0.11% in 2022, then surged by 44bps to 0.55% in 2023, then plummeted by 44bps to 0.11% in 2024.
- Its Return on Equity was 0.11% in Q3 2024, compared to 0.12% in Q2 2024 and 0.12% in Q1 2024.