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

First Citizens Bancshares (FCNCN) has 3 years of Interest Expense - Fed Funds data on file, last reported at $260000.0 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 for Q4 2021 stood at $260000.0, down from $358000.0 in the prior quarter.
• Over the last five years, Interest Expense - Fed Funds for FCNCN reached as high as $542000.0 in Q3 2019 and fell as low as $260000.0 in Q4 2021.
• Historically, Interest Expense - Fed Funds has averaged $409750.0 across 3 years, with a median of $397000.0 in 2020.
• Across the five-year window, Interest Expense - Fed Funds fell 3.7% in 2020 and sank 30.48% in 2021, its largest moves.
• Year by year, Interest Expense - Fed Funds stood at $479000.0 in 2019, then slipped by 21.92% to $374000.0 in 2020, then sank by 30.48% to $260000.0 in 2021.
• Per Business Quant data, the three most recent Interest Expense - Fed Funds figures were $260000.0 in Q4 2021, $358000.0 in Q3 2021, and $356000.0 in Q2 2021.