First Citizens Bancshares Inc /De/ (FCNCB) Interest Expense - Fed Funds (2019 - 2021)

First Citizens Bancshares (FCNCB) has reported Interest Expense - Fed Funds for 3 consecutive years, with $260000.0 the latest figure, recorded in Q4 2021.

• On a quarterly basis, Interest Expense - Fed Funds fell 30.48% year-over-year to $260000.0 in Q4 2021; TTM through Dec 2021 was $1.3 million, a 18.51% decrease from a year earlier, with the FY2021 full-year figure at $1.3 million, down 18.51% from the prior year.
• Interest Expense - Fed Funds was $260000.0 for Q4 2021 at First Citizens Bancshares, down from $358000.0 in the prior quarter.
• Over five years, Interest Expense - Fed Funds peaked at $542000.0 in Q3 2019 and troughed at $260000.0 in Q4 2021.
• A 3-year average of $409750.0 and a median of $397000.0 in 2020 frame the typical range for Interest Expense - Fed Funds.
• Across the five-year window, Interest Expense - Fed Funds retreated 3.7% in 2020 and plunged 30.48% in 2021, its largest moves.
• Over 3 years, Interest Expense - Fed Funds stood at $479000.0 in 2019, then declined by 21.92% to $374000.0 in 2020, then sank by 30.48% to $260000.0 in 2021.
• The last three Interest Expense - Fed Funds figures came in at $260000.0 (Q4 2021), $358000.0 (Q3 2021), and $356000.0 (Q2 2021), per Business Quant data.