First Citizens Bancshares (FCNCA) Tax Rate (2009 - 2026)
First Citizens Bancshares (FCNCA) reported Tax Rate of 24.58% for Q2 2026, up 0.44 percentage points from 24.14% a year earlier and up 0.32 percentage points from the prior quarter.
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Analysis
First Citizens Bancshares (FCNCA) Tax Rate (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, First Citizens Bancshares' Tax Rate came in at 25.46%, up 4.88 percentage points year-over-year; for FY2025, it came in at 25.75%, up 3.06 percentage points from FY2024.
- Tax Rate has a five-year change of +5.36 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 22.69% in FY2024 (+17.63 pp), 5.06% in FY2023 (-14.32 pp), 19.38% in FY2022 (-2.59 pp) and 21.97% in FY2021 (+1.58 pp).
- Five-year quarterly Tax Rate spans a low of 4.89% in Q4 2024 and a high of 34.44% in Q4 2022.
- Year over year, Tax Rate gained in three of the last eight quarters, with an average year-over-year change of -0.72 percentage points.
- The high point for year-over-year Tax Rate in five years was Q4 2025 (a gain of 23.59 percentage points); the low point was Q4 2024 (a drop of 23.02 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 24.26% (Q1 2026), 28.48% (Q4 2025) and 24.37% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 23.98% |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 22.68% |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | - |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | 23.29% |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 22.26% |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 24.40% |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 16.36% |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | 24.29% |
| 10 | First Citizens Bancshares | 23.36 Bn | 22.84 Bn | - | 24.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 24.72% |
| 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% |
| Dec 31, 2022 | 34.44% |
| Sep 30, 2022 | 22.79% |
| Jun 30, 2022 | 24.33% |
| Dec 31, 2021 | 19.61% |
| Sep 30, 2021 | 21.52% |
| Jun 30, 2021 | 23.12% |
API Access
First Citizens Bancshares Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=FCNCA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "FCNCA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=FCNCA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();