First Citizens Bancshares Inc /De/ Income Statement

Income Statement Dec2009 Dec2010 Dec2011 Dec2012 Dec2013 Dec2014 Dec2015 Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 0.08B0.14B0.23B0.14B-0.03B0.00B0.02B0.03B0.03B0.03B0.03B0.06B-0.04B0.65B1.38B0.47B
Revenue 0.91B1.18B1.34B1.11B1.01B1.05B1.39B0.09B0.10B0.11B0.11B0.10B0.13B0.15B0.27B9.76B
Interest income
Interest income - Loans 0.66B0.91B0.97B0.97B0.76B0.70B0.87B0.88B0.96B1.07B1.22B1.33B1.29B2.95B8.19B9.53B
Interest income - Investments 0.00B0.00B0.01B0.00B0.00B0.00B0.00B0.09B0.05B0.24B0.15B0.23B0.17B
Interest Income - Debt Securities 0.15B0.19B0.20B0.18B0.19B0.15B0.17B0.15B0.14B0.15B0.16B0.14B0.14B0.35B0.65B1.35B
Interest Income - Deposits 0.00B0.00B0.00B0.00B0.00B0.00B0.01B0.01B0.03B0.02B0.03B0.01B0.01B0.11B1.56B1.48B
Interest Income - Total 0.74B0.97B1.02B1.00B0.80B0.76B0.97B0.99B1.10B1.25B1.40B1.48B1.45B3.41B10.39B12.35B
Interest expenses
Interest Expense - Deposits 0.18B0.15B0.10B0.06B0.03B0.02B0.02B0.02B0.02B0.02B0.08B0.07B0.03B0.34B2.50B3.86B
Interest Expense - Debt 0.04B0.04B0.04B0.03B0.02B0.02B0.02B0.02B0.02B0.01B0.01B0.03B0.03B0.13B1.18B1.35B
Interest Expense - Fed Funds 0.00B0.00B0.00B0.00B0.00B
Interest Expense - Others 0.00B0.00B0.00B0.00B0.00B
Interest Expenses 0.23B0.20B0.14B0.09B0.06B0.05B0.04B0.04B0.04B0.04B0.09B0.10B0.06B0.47B3.68B5.21B
Interest Income - Net 0.51B0.77B0.87B0.91B0.74B0.71B0.92B0.94B1.06B1.21B1.31B1.39B1.39B2.95B6.71B7.14B
Non-interest income
Interest Income - Total 0.43B0.63B0.64B0.77B0.77B0.71B0.90B0.91B1.03B1.18B1.28B1.33B1.43B2.30B5.34B6.71B
Financial Services Fees 0.02B0.02B0.05B0.06B0.06B0.07B0.08B0.01B0.01B0.01B
Service Charges 0.08B0.07B0.06B0.06B0.06B0.07B0.09B0.09B0.10B
Investment Gain (Loss) -0.00B0.00B-0.00B0.00B0.03B0.01B0.03B0.00B0.00B0.01B0.06B0.03B-0.03B0.01B
Investment Banking Income 0.01B0.01B0.01B0.01B0.01B0.00B0.01B0.02B0.01B0.01B0.02B0.04B0.03B0.02B-0.00B0.01B
Asset Management 0.05B0.05B0.05B0.06B
Mortgage Banking 0.01B0.01B0.01B0.01B0.01B0.01B0.02B0.02B0.02B0.02B0.02B0.04B0.03B
Card Income 0.06B0.05B0.05B0.06B0.08B0.08B0.10B
Other Non-Interest Income 0.07B0.10B-0.20B0.10B0.07B0.04B0.04B0.03B0.03B0.04B0.04B0.04B0.04B0.14B0.16B0.15B
Non-Interest Income 0.40B0.41B0.46B0.19B0.27B0.34B0.47B0.38B0.52B0.40B0.42B0.48B0.51B2.14B12.07B2.62B
Operating Items
Amortization - Intangibles 0.01B0.01B0.02B0.06B0.06B
Depreciation & Amortization - Total 0.06B0.07B0.07B0.07B0.08B0.08B0.09B0.09B0.10B0.10B0.11B0.12B0.12B0.34B0.42B0.50B
Wages, Salaries and Other 0.26B0.30B0.31B0.31B0.31B0.35B0.43B0.44B0.49B0.53B0.55B0.72B0.76B1.41B2.64B3.08B
Rent Expense 0.07B0.07B0.07B0.07B0.08B0.09B0.10B0.10B0.10B0.11B0.11B0.12B0.12B0.19B0.24B0.24B
Restructuring Costs 0.00B0.00B0.01B0.01B0.01B0.01B0.01B0.02B0.02B0.03B0.23B0.47B0.21B
Other Operating Expenses 0.52B0.59B0.65B0.62B0.62B0.67B0.83B0.74B0.80B0.86B0.86B0.94B0.97B2.31B4.20B4.78B
Operating Expenses 0.65B0.73B0.79B0.77B0.77B0.85B1.04B0.94B1.01B1.08B1.10B1.19B1.23B3.08B5.33B5.74B
Operating Income -1.10B-1.11B-2.97B-5.17B
EBIT 0.41B0.50B0.45B0.29B0.33B0.25B0.38B0.39B0.59B0.54B0.68B-1.10B-1.11B-2.97B-5.17B8.80B
Non-operating items
Non Operating Investment Income 0.02B0.03B0.03B
Interest & Investment Income 0.02B0.01B0.02B0.02B0.01B0.01B0.01B0.00B0.00B
Other Non Operating Income 0.15B0.04B0.01B0.13B0.43B9.81B-0.00B
Net income details
EBT 0.18B0.30B0.31B0.20B0.27B0.20B0.33B0.35B0.54B0.50B0.59B0.62B0.70B1.36B12.08B3.59B
Tax Provisions 0.07B0.11B0.13B0.10B0.10B0.10B0.12B0.13B0.22B0.10B0.13B0.13B0.15B0.26B0.61B0.81B
Profit After Tax 0.12B0.19B0.20B0.13B0.17B0.14B0.21B0.23B0.32B0.40B0.46B0.49B0.55B1.10B11.47B2.78B
Equity Income -0.01B0.01B0.03B0.03B-0.00B-0.01B0.01B
Income from Continuing Operations 0.12B0.19B0.18B0.10B0.17B0.11B0.21B0.23B0.32B0.40B0.46B0.49B0.55B1.10B11.47B2.78B
Consolidated Net Income 0.12B0.19B0.18B0.10B0.17B0.11B0.21B0.23B0.32B0.40B0.46B0.49B0.55B1.10B11.47B2.78B
Income towards Parent Company 0.12B0.19B0.18B0.10B0.17B0.11B0.21B0.23B0.32B0.40B0.46B0.49B0.55B1.10B11.47B2.78B
Preferred Dividend Payments 0.01B0.02B0.05B0.06B0.06B
Net Income towards Common Stockholders 0.12B0.19B0.18B0.10B0.17B0.11B0.21B0.23B0.32B0.40B0.46B0.48B0.53B1.05B11.41B2.72B
Additional items
EPS (Basic) 11.1518.5018.8012.9217.3513.5617.5218.7729.9633.5341.0547.5053.8867.47785.14189.42
EPS (Weighted Average and Diluted) 47.5053.8867.40784.51189.41
Shares Outstanding (Weighted Average) 0.01B0.01B0.01B0.01B0.01B0.01B0.01B0.01B
Shares Outstanding (Diluted Average) 0.01B0.01B0.02B0.01B
Tax Rate 36.47%36.41%42.48%50.30%37.84%48.32%36.71%35.77%40.45%20.51%22.75%20.39%21.97%19.38%5.06%22.69%