First Citizens Bancshares Inc /De/ (FCNCN) Operating Expenses (2009 - 2026)

First Citizens Bancshares (FCNCN) has reported Operating Expenses for 18 consecutive years, with $1.5 billion the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Expenses rose 2.88% year-over-year to $1.5 billion; the TTM figure through Mar 2026 stood at $6.1 billion (up 4.22% YoY), while the FY2025 annual figure was $6.1 billion, up 5.6% from the prior year.
• Operating Expenses eased to $1.5 billion in Q1 2026 per FCNCN's latest filing, from $1.6 billion in the prior quarter.
• Across five years, Operating Expenses topped out at $1.6 billion in Q2 2023 and bottomed at $745.0 million in Q2 2022.
• Historically, Operating Expenses has averaged $1.3 billion across 5 years, with a median of $1.5 billion in 2024.
• Annual changes were most pronounced in 2022 — Operating Expenses jumped 172.73% — and 2024, when it dropped 11.83%.
• First Citizens Bancshares' Operating Expenses stood at $760.0 million in 2022, then surged by 96.32% to $1.5 billion in 2023, then grew by 1.68% to $1.5 billion in 2024, then increased by 3.63% to $1.6 billion in 2025, then slipped by 2.29% to $1.5 billion in 2026.
• Business Quant data shows FCNCN's Operating Expenses at $1.5 billion in Q1 2026, $1.6 billion in Q4 2025, and $1.5 billion in Q3 2025.