First Citizens Bancshares (FCNCA) Tax Rate (2009 - 2026)
First Citizens Bancshares' (FCNCA) quarterly Tax Rate came in at 24.58% in Q2 2026, up 44.0% year-over-year from 17.07% in Q2 2025, and up 1.33% quarter-over-quarter from 24.26% in Q1 2026.
Analysis
First Citizens Bancshares (FCNCA) Tax Rate (2009 - 2026) Analysis & Trends
First Citizens Bancshares (FCNCA) has reported Tax Rate for 18 consecutive years, with 24.58% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 44.0% year-over-year to 24.58% in Q2 2026; TTM through Jun 2026 was 25.46%, a 488.0% increase from a year earlier, with the FY2025 full-year figure at 25.75%, up 306.0% from the prior year.
- Tax Rate was 24.58% for Q2 2026 at First Citizens Bancshares, up from 24.26% in the prior quarter.
- Over five years, Tax Rate peaked at 34.44% in Q4 2022 and troughed at 20.44% in Q1 2022.
- A 5-year average of 20.85% and a median of 24.47% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate sank 4348 bps in 2022 and jumped 2769 bps in 2024, its largest moves.
- Over 5 years, Tax Rate stood at 34.44% in 2022, then declined by 19 bps to 27.91% in 2023, then slumped by 82 bps to 4.89% in 2024, then surged by 482 bps to 28.48% in 2025, then fell by 14 bps to 24.58% in 2026.
- The last three Tax Rate figures came in at 24.58% (Q2 2026), 24.26% (Q1 2026), and 28.48% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 448.38 Bn | 568.32 Bn | - | -7.93% |
| 2 | Truist Financial | 63.10 Bn | 63.10 Bn | - | 14.44% |
| 3 | Fifth Third Bancorp | 49.74 Bn | 26.02 Bn | - | 22.68% |
| 4 | M&T Bank | 34.66 Bn | 34.66 Bn | - | 23.05% |
| 5 | Huntington Bancshares | 34.41 Bn | 29.92 Bn | - | 18.42% |
| 6 | Citizens Financial | 29.91 Bn | 29.91 Bn | - | 22.25% |
| 7 | Regions Financial | 25.92 Bn | 25.99 Bn | - | 20.61% |
| 8 | Keycorp | 23.68 Bn | -24.02 Bn | - | 21.48% |
| 9 | First Citizens Bancshares | 22.94 Bn | 22.41 Bn | 29.00 Mn | 24.58% |
| 10 | East West Bancorp | 17.92 Bn | 12.83 Bn | - | 22.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.58% |
| Mar 31, 2026 | 24.26% |
| Dec 31, 2025 | 28.48% |
| Sep 30, 2025 | 24.37% |
| Jun 30, 2025 | 24.14% |
| Mar 31, 2025 | 25.81% |
| Dec 31, 2024 | 4.89% |
| Sep 30, 2024 | 26.80% |
| Jun 30, 2024 | 27.78% |
| Mar 31, 2024 | 27.19% |
| Dec 31, 2023 | 27.91% |
| Sep 30, 2023 | 24.57% |
| Jun 30, 2023 | 23.88% |
| Mar 31, 2023 | -0.50% |
| Dec 31, 2022 | 34.44% |
| Sep 30, 2022 | 22.79% |
| Jun 30, 2022 | 24.33% |
| Mar 31, 2022 | -20.44% |
| Dec 31, 2021 | 19.61% |
| Sep 30, 2021 | 21.52% |