First Citizens Bancshares (FCNCA) Tax Provisions (2009 - 2026)
First Citizens Bancshares (FCNCA) posted quarterly Tax Provisions of $171.0 million for Q1 2026, up 1.79% year-over-year from $168.0 million in Q1 2025, and down 25.97% quarter-over-quarter from $231.0 million in Q4 2025.
First Citizens Bancshares (FCNCA) Tax Provisions (2009 - 2026) Analysis & Trends
First Citizens Bancshares (FCNCA) has reported Tax Provisions for 18 consecutive years, with $171.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions rose 1.79% year-over-year to $171.0 million; the TTM figure through Mar 2026 stood at $768.0 million (up 8.17% YoY), while the FY2025 annual figure was $765.0 million, down 6.13% from the prior year.
- Tax Provisions slipped to $171.0 million in Q1 2026 per FCNCA's latest filing, from $231.0 million in the prior quarter.
- Across five years, Tax Provisions topped out at $273.0 million in Q1 2024 and bottomed at -$47.0 million in Q1 2023.
- Historically, Tax Provisions has averaged $154.5 million across 5 years, with a median of $183.0 million in 2025.
- Annual changes were most pronounced in 2022 — Tax Provisions slumped 204.55% — and 2024, when it soared 680.85%.
- First Citizens Bancshares' Tax Provisions stood at $135.0 million in 2022, then soared by 47.41% to $199.0 million in 2023, then tumbled by 81.91% to $36.0 million in 2024, then soared by 541.67% to $231.0 million in 2025, then slipped by 25.97% to $171.0 million in 2026.
- Business Quant data shows FCNCA's Tax Provisions at $171.0 million in Q1 2026, $231.0 million in Q4 2025, and $183.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 531.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 537.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -939.17 Mn |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -821.11 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 1.12 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | -175.22 Mn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 262.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 235.00 Mn |
| 10 | First Citizens Bancshares | 24.79 Bn | 24.27 Bn | 29.00 Mn | 219.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 219.00 Mn |
| Mar 31, 2026 | 171.00 Mn |
| Dec 31, 2025 | 231.00 Mn |
| Sep 30, 2025 | 183.00 Mn |
| Jun 30, 2025 | 183.00 Mn |
| Mar 31, 2025 | 168.00 Mn |
| Dec 31, 2024 | 36.00 Mn |
| Sep 30, 2024 | 234.00 Mn |
| Jun 30, 2024 | 272.00 Mn |
| Mar 31, 2024 | 273.00 Mn |
| Dec 31, 2023 | 199.00 Mn |
| Sep 30, 2023 | 245.00 Mn |
| Jun 30, 2023 | 214.00 Mn |
| Mar 31, 2023 | -47.00 Mn |
| Dec 31, 2022 | 135.00 Mn |
| Sep 30, 2022 | 93.00 Mn |
| Jun 30, 2022 | 82.00 Mn |
| Mar 31, 2022 | -46.00 Mn |
| Dec 31, 2021 | 30.00 Mn |
| Sep 30, 2021 | 34.00 Mn |